Question: Can someone please help me with my homework 15. (2 point) On 12-31-16, Austin entered into an agreement that required Austin to pay a supplier

Can someone please help me with my homework
Can someone please help me with my homework 15. (2 point) On

15. (2 point) On 12-31-16, Austin entered into an agreement that required Austin to pay a supplier $500 every year on 12-31 until 2024. The agreement required Austin to make the first annual payment on 12-31-16. Assume the market rate of interest for Austin is 4%. As of 12-31-16 what was the present value of Austin's obligation? 16. (2 points) On 12-31-16, Austin entered into an agreement that required Austin to pay a supplier $300 every year on 12-31 until 2030. The agreement required Austin to make the first annual payment on 12-31-19. Assume the market rate of interest for Austin is 2%. As of 12-31-16 what was the present value of Austin's obligation? 17. (4 points) On 12-31-15 J entered into an agreement allowing J to collect the following: Starting 12-31-16, $300 every 12-31 until 2025. On 12-31-26, a one-time collection of $3,000. Nothing in 2027 or 2028 Starting 12-31-29, $500 every 12-31 until 12-31-35. > How much total cash will J eventually collect? Assume a market interest rate of 4%. As of 12-31-15, what was the present value of J's receivable

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