E9-13 (Algo) Computing Four Present Value Problems LO 9-7 On January 1 of this year, Skamania Company completed the following transactions (assume a 9% annual interest rate): (FV of $1. PV of \$1, EVA of \$1, and PVA of \$1) Note: Use the appropriate factor(s) from the tables provided. a. Bought a delivery truck and agreed to pay $61,300 at the end of three years. b. Rented an office bullding and was given the option of paying $11,300 at the end of each of the next three years or paying $29,300 immediately. c. Established a savings account by depositing a single amount that will increase to $92,600 at the end of seven years. d. Decided to deposit a single sum in the bank that will provide 9 equal annual year-end payments of $41,300 to a retired employee (payments starting December 31 of this year). Required: a. What is the cost of the truck that should be recorded at the time of purchase? b. Which option for the office building results in the lowest present value? c. What single amount must be deposited in this account on January 1 of Ihis year? d. What single sum must be deposited in the bank on January 1 of this year? a. What is the cost of the truck that should be recorded at the time of purchase? b. Which option for the office building results in the lowest present value? c. What single amount must be deposited in this account on January 1 of this year? d. What single sum must be deposited in the bank on January 1 of this year? Complete this question by entering your answers in the tabs below. What single sum must be deposited in the bank on January 1 of this year? (Round your answer to nearest whole dollar.) a. What is the cost of the truck that should be recorded at the time of purchase? b. Which option for the office building results in the lowest present value? c. What single amount must be deposited in this account on January 1 of this year? d. What single sum must be deposited in the bank on January 1 of this year? Complete this question by entering your answers in the tabs below. What is the cost of the truck that should be recorded at the time of purchase? (Round your answer to nearest whole dollar.) a. What is the cost of the truck that should be recorded at the time of purchase? b. Which option for the office building results in the lowest present value? c. What single amount must be deposited in this account on January 1 of this year? d. What single sum must be deposited in the bank on January 1 of this year? Complete this question by entering your answers in the tabs below. What single amount must be deposited in this account on lanuary 1 of this year? (Round your answer to nearest whole dollar) PV1.jpg... Unisex... Shoes.... Wiy Now in. MeGra. 1c Present Value of $1 Perieds 1 2 3 4 5 6 7 1 5 10 1.0% 10 2.07K . 0.99010 0.95030 0.98039 0.97059 0.96117 0.9232 0.92385 0.96098 0.50573 0.55147 axty? a.sen 0e7ose 0.52341 Q.5534 0.91434 omone onzous 2.0N 2.758 4.05 4.258 5.0k 6.0s 7.9% oncas Q. 65386 0.59230.95233 0.94360 093ess e.s5000 o.mset 0.81630 0.75203 0.7290 0.70496 0.7299 0.66506 0.0634 0.5774 0.6275 0.59130 0.5201 ossans 0.5003 0.5035 Present Value of $1 Pariels 2.0% 3.05 2.734 4.2515 c.01 ros 6.05 3.05 osyres osecse oswers 0.4505 Q.4569? Q.44401 064958 0.5564 0.46154 0.41496 0.60057 0.60545 05774 0.58212 0.55899 0.50032 0.44200 Q. 3 enta 055526 0.53562 0.48102 0.41727 0.3624 052391 0.51379 0.58110.39365 033973 0.49224 041552 0.31657 0.51331 0.49363 0.47275 0.37126 0.245ts 0.39573 0.27651 0.47464 0.4534 037689 0.31160 0.2534 029530 0.18425 0.17411 Q.1313 Present Value of $1 0.23138 0.38509 0.37512 0.30532 0.43490 02313 28.0s Rerieds 2.0s 12. oN 120% 20. en os0000 1 0.5174? 1s.01 023333 054000 ospue 0.51200 0.57850 0.40360 0.26214 0.33490 0.27 see Q.167 0.193110.16151oncho. o.prits osenes Q.5695? 0.783150.693050.769470.574970.756140.05752 oests? 0.61332059208 0.57175 0.54276 0.48037 Q.4373 0.425060.39954 0.37594 0.32690 0.35056 0.28426 030751 0.26574 0.37616 0.25459 0.24715 Q.16151 Is.ow 20, os 25.ex \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline Periedn & 0.0x & 0.01 & 10.0% & 11.0s & 12.05 & 13.06 & 16,05 & 13.0s & 20,015 & 2s.en \\ \hline 11 & Q di2est & 0.38753 & 035049 & 0.3172 & 0.28748 & 0.26070 & 0.23662 & 0.21494 & orses? & ocosto \\ \hline 12 & 0.39711 & 0.35553 & Q.31863 & 0.285e4 & 0.75668 & 0.23071 & 0.20756 & 0.18691 & 0.11216 & 005872 \\ \hline 12 & 0.36770 & 0.32618 & 0.28965 & 0.25751 & 0.22017 & 0.20416 & Q.13207 & 0.1625 & Q.0p346 & 005498 \\ \hline 14 & 0.34046 & 0.29725 & 0.26393 & 0.2319 & 0.20467 & a teoce & 0.15971 & 0.14133 & coms & cooss \\ \hline 15 & 0.31524 & 0.27454 & 0.23939 & 0.20%00 & 0.16270 & 0.1594 & 0.14010 & 0.122ag & 006491 & ocosis \\ \hline 16 & 029189 & 0.2518 & 0.21763 & 0.1 ase & 0.16312 & 0.14150 & 0.12289 & a.106es & 00505 & 002815 \\ \hline 17 & 0.27021 & 0.23107 & 0.19784 & 0.16963 & 0.14564 & 0.12522 & 0.10730 & 0,09293 & 0.04507 & 0.02252 \\ \hline 13 & 0.25025 & 0.2119 & 0.17085 & 0.15282 & 0.13004 & 0,11051 & 0.0445 & 0.04041 & 001755 & Q01801 \\ \hline 19. & 0.2317 & 0.15449 & a.16351 & 0,137 es & 0.11611 & 0.05006 & 003205 & 0.07027 & 003130 & 001441 \\ \hline 20 & 0.21455 & Q.1784 & 0.14864 & 0.12400 & 0.10367 & 0.0467 & 0.07276 & 0.05110 & 002608 & 001153 \\ \hline 25 & 0.14602 & 0.11597 & 0.05230 & 0.07351 & 005387 & 0.04710 & 0.03779 & 0.03008 & 00104 & 0.00378 \\ \hline 30 & 0.09938 & 0.07537 & 0.05731 & 0.04361 & 0.03338 & 0.02557 & 0.01963 & 0.01510 & 0,00421 & 000124 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{11}{|c|}{ Present Value of Anoulty of \$1 } \\ \hline Merieds & 1.08 & 2.05 & \multicolumn{2}{|r|}{2.0s} & 2 uss & 401 & G.15s & 5.05 & s.01 & 7.05 \\ \hline 1 & 0.99010 & ospars & \multicolumn{2}{|c|}{ 0.s705 } & osses & ossise & axn & osese & 0900 & asusa \\ \hline 2 & 197040 & 194156 & \multicolumn{2}{|c|}{19134} & imas? & 18sos & & IXSA41 & & 1.80602 \\ \hline 3 & & 2 anses & & 2 7as1 & & 23514 & & 2.67301 & 262032 \\ \hline 4 & 390197 & & & 171710 & 26512 & & 1 coses & 1 seses & 3.45511 & \\ \hline 5 & 4534 & 4.m34 & & 157971 & 4cos8 & cusin & seon & c.mose & 421236 & 410020 \\ \hline 6 & & 56010 & & 41719 & 52150 ? & 52014 & stroge & sorses & 49ln2 & 476654 \\ \hline 7 & Gnets & 60715 & & 2028 & 60579 & 600005 & 53469 & snsy? & 5sin38 & 533929 \\ \hline a & 7 sosict & 7.3854 & & 101% & 5.50210 & c7me & 6 sem & 54021 & 6205n & 5.97130 \\ \hline? & Eseos & 216224 & & nasi & 75007 & T.Nos & 7xsin & 2.101n & 60016 & 651523 \\ \hline 10 & 9.47130 & B sazs & & 53020 & & 211090 & zonots & mm & 7.36004 & ronss \\ \hline Present V & Abe of Annuly o & (s) & & & & & & & & \\ \hline Perials & 1.0x & 2.05 & 2,0% & & & Les & 4.284 & sen & cos & \\ \hline 14 & 1036763 & 9.7565 & 925 & sen & & rots & tcosse & towet & 7asta? & \\ \hline 12 & 1125508 & 1057544 & 95540 & 252 & & assor & & ctchs & cusse & \\ \hline 13 & & 11.34837 & 1063es & 10.14 & & Sases & 9mes & 20357 & t15264 & 2.35765 \\ \hline 14 & 120030 & 12.10625 & 1120! & 10m & 2 & 4)12 & 103500 & sumes & nowse & mes \\ \hline 15 & 1186505 & & 11s3m & 1131 & 1530 & & 109258 & 10.37N6 & 271225 & 210791 \\ \hline 16 & 14717 & nsm & 1256110 & & 1617 & 15230 & 1144031 & & 101050 & 2.4065 \\ \hline n) & is sems & kasm & n.w1 & 12.40 & ens & 166) & 119315 & 112760 & 10cm/s & \\ \hline 18 & 163947 & 1450203 & 13755 & 1292 & 045 & ssose & 12cos50 & 11ass & 10.m60 & 1005105 \\ \hline 19 & 1722601 & 1567846 & 1612360 & 1241 & & & 128583 & 12cosx & & 10.37560 \\ \hline 20 & th oesss & 1635143 & lesme & ues: & & smon & uxey & & 1145m2 & 105901 \\ \hline 25 & 2202316 & 13.52346 & 17.41015 & 1600 & 280 & 12204 & 15.2174 & rosis & 127200 & 11esusa \\ \hline 30 & & 223246 & 196004 & & & 5203 & 167x as & 15.3725 & axsen & 12.40104 \\ \hline Present V & latue of Ansuly & of \$1 & & & & & & & & \\ \hline Periods & 5.08 & 0.0s & 10.0x & & 120x & 13.05 & 16m & is.on & 20.0% & 25,0x \\ \hline 1 & & 0.5174 & 0.5000 & 0000 & omaks & ones & axm & atcos? & 02333 & 0.00000 \\ \hline 2 & 178326 & 17591 & Gasse & 171252 & 10000 & tuaro & tcuess & 16271 & 152m & 1.44000 \\ \hline 3 & 257710 & 253120 & 2 asces & 24071 & 26015 & 2115 & 2169 & & 21064 & 1350 \\ \hline 4 & 31213 & 1229n & & 310245 & 30375 & 29740 & 29191 & 2nsot & 2sen3 & 236160 \\ \hline 5 & 39921 & 1 ktxss & 379079 & 3sinx & 36047 & 251720 & Jaseot & 335216 & 299061 & 2cos2 \\ \hline 6 & cknas & 4.4552 & 4.3558 & 423054 & 41114: & Isorss. & Intac? & mus & 2xss1 & 255142 \\ \hline 7 & 520637 & souses & coses & 47220 & & 40251 & 42400 & 4.1602 & Icouss & 3.16114 \\ \hline a & 53466 & sssen & 53403 & 514512 & ASTA & & c.sats & 4sen2 & 3837 & 12219! \\ \hline 5 & 624609 & & 53502 & 55305 & s mexs & & 43617 & c7me & Coxon & 2.4913 \\ \hline 10 & 6.7t000 & G4176 & 61453 & 5sen2 & seson & 520524 & 521612 & soren & 4.2247 & 3.51050 \\ \hline Present V & Velue of Annuity & ofs1 & & & & & & & & \\ \hline Reriads & 0.01 & 2.05 & 10.0s & 11.08 & 1200 & 12.08 & & ises & 20.08 & 12.0s \\ \hline 11 & 2.134\% & 6.60519 & 6.4506 & 6.20652 & & 5 sans 4 & 5.62m & & enos & 36540 \\ \hline 12 & & 7.160n & & & & somss & secos & 50002 & & 32512 \\ \hline 13 & 79097 & & 7.1095 & 63439 & 6.02355 & 612111 & 534205 & 59415 & 451254 & 376010 \\ \hline 14 & 124024 & 77615 & & & 652017 & 6)e263 & 600x=1 & snues & 451057 & Ineot \\ \hline 15 & z.ssset & conoss & 7 sorot & 2.19097 & criows & & 6.1021) & 5 sem & 46750 & 3sins \\ \hline 16 & & 8.3125 & & 730916 & 6.9mes & 660383 & 6506 & 5sen & 4n256 & 3 8874 \\ \hline 17 & 2.12164 & 15063 & 102155 & zsans & 7.1193 & & c.mas & seons & & \\ \hline u & & exsses & trowet & & & Cxms1 & 6.4579 & 6.2ms & 4:1219 & 3.2274 \\ \hline 19 & 960360 & 195011 & cucs32 & & 73657 & 6.93997 & s ssons & 6sm & ascrso & \\ \hline 20 & 921815 & 31255 & ISt3k & tosa3s & ressu & 702015 & coms & 62513 & 4.sese & \\ \hline 25 & 10.6767 & s mass & & t.0174 & 784314 & & cm203 & c.4415 & 434753 & Iseces: \\ \hline 30 & 11.2577s & 10.2mes & 9.4591 & 8.54099 & 10ssu & 7.4565 & 100266 & & 497894 & 199405 \\ \hline \end{tabular}