Chck Present and future value tables of $1 at 9% are presented below. PV of $1...
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Chck Present and future value tables of $1 at 9% are presented below. PV of $1 FV of $1 PVA of $1 FVAD of $1 FVA of $1 0.91743 1.09000 0.91743 1.75911 1.0000 1.0900 0.84168 0.77218 1.18810 2.2781 2.0900 3\ 1.29503 2.53129 3.5731 3.2781 4. 0.70843 1.41158 3.23972 4.9847 4.5731 0.64993 1.53862 3.88965 6.5233 5.9847 0.59627 1.67710 4.48592 8.2004 7.5233 Ajax Company purchased a two-year certificate of deposit for Its building fund in the amount of $160,000, How much should the certificate of deposit be worth at the end of two years if interest is compounded at an annual rate of 9%? Present and future value tables of $1 at 9% are presented below. PV of $1 FV of $1 PVA of $1 FVAD of $1 FVA of $1 0.91743 1.75911 1.0900 2.2781 0.91743 1.09000 1.0000 0.84168 1.18810 2.0900 0.77218 1.29503 2.53129 3.5731 3.2781 4.9847 6.5233 4. 3.23972 4.5731 5.9847 0.70843 1.41158 3.88965 4.48592 0.64993 1.53862 0.59627 1.67710 8.2004 7.5233 How much must be invested now at 9% interest to accumulate to $21,000 in five years? 12/3 Chck Present and future value tables of $1 at 9% are presented below. PV of $1 FV of $1 PVA of $1 FVAD of $1 FVA of $1 0.91743 1.09000 0.91743 1.75911 1.0000 1.0900 0.84168 0.77218 1.18810 2.2781 2.0900 3\ 1.29503 2.53129 3.5731 3.2781 4. 0.70843 1.41158 3.23972 4.9847 4.5731 0.64993 1.53862 3.88965 6.5233 5.9847 0.59627 1.67710 4.48592 8.2004 7.5233 Ajax Company purchased a two-year certificate of deposit for Its building fund in the amount of $160,000, How much should the certificate of deposit be worth at the end of two years if interest is compounded at an annual rate of 9%? Present and future value tables of $1 at 9% are presented below. PV of $1 FV of $1 PVA of $1 FVAD of $1 FVA of $1 0.91743 1.75911 1.0900 2.2781 0.91743 1.09000 1.0000 0.84168 1.18810 2.0900 0.77218 1.29503 2.53129 3.5731 3.2781 4.9847 6.5233 4. 3.23972 4.5731 5.9847 0.70843 1.41158 3.88965 4.48592 0.64993 1.53862 0.59627 1.67710 8.2004 7.5233 How much must be invested now at 9% interest to accumulate to $21,000 in five years? 12/3
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Accounting concepts and applications
ISBN: 978-0538745482
11th Edition
Authors: Albrecht Stice, Stice Swain
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