Question: Given a present value factor of 3.8897, assuming a 9% discount rate, the present value of an annuity of $31000 payment each year for 5

Given a present value factor of 3.8897, assuming a 9% discount rate, the present value of an annuity of $31000 payment each year for 5 years is O $602905. A O $7970. O $39850. O $120581

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Given a present value factor of 3.8897, assuming a 9% discount rate, the present value of an annuity of $21000 payment each year for 5 years is $81684. $26995. $408420. $5399.

Given a present value factor of 3.8897, assuming a 9% discount rate, the present value of an annuity of $26000 payment each year for 5 years is $101132. $6684. $33420. $505660.

Need help. Given a present value factor of 0.7629, assuming a 7% discount rate, the present value of $ 17900 payment received in 4 years is $ 3414. $ 13656 $ 23463 none of these answer choices are...

Given a present value factor of 0 . 7 3 5 0 , assuming a 8 % discount rate, the present value of $ 1 9 7 0 0 payment received in 4 years is $ 3 6 2 0 $ 1 4 4 8 0 $ 2 6 8 0 2 none of these answer...

Given a present value factor of 0.8548, assuming a 4% discount rate, the present value of $14000 payment received in 4 years is $2992. $11967. $16378. none of these answer choices are correct.

Question 22 of 45 133i View Policies Current Attempt in Progress Given a present value factor of 0.8548 , assuming a 4% discount rate, the present value of $18500 payment received in 4 years is...

Given a present value factor of 0.7921, assuming a 6% discount rate, the present value of $16,000 payment received in 4 years is $3,168. $12,674. $20,199. none of these answer choices are correct.

Given a present value factor of 0 . 8 2 2 7 , assuming a 5 % discount rate, the present value of $ 1 7 3 0 0 payment received in 4 years is $ 3 5 5 8 . $ 1 4 2 3 3 . $ 2 1 0 2 8 . none of these...

Given a present value factor of 0 . 8 5 4 8 , assuming a 4 % discount rate, the present value of $ 1 7 0 0 0 payment received in 4 years is $ 3 6 3 3 . $ 1 4 5 3 2 . $ 1 9 8 8 8 . none of these...

Given a present value factor of 0 . 8 5 4 8 , assuming a 4 % discount rate, the present value of $ 1 8 5 0 0 payment received in 4 years is $ 3 9 5 3 . $ 1 5 8 1 4 . $ 2 1 6 4 2 . none of these...

Graph the curve and find the area that it encloses. (a) r = 2 + sin 4 (b) r = 1 + cos2(5)

Question 1 What do you think this logic buffer gate will do, with the output signal "feeding back" to the input? Question 2 What do you think this buffer will do when each input switch is separately...

Which of these is an example of an IPv 4 address? q , 1 9 . 8 . 0 . 2 2 7 1 9 2 . 7 2 . 3 7 . 9 9 8 . 9 9 9 . 4 5 7 . 2 2 0 7 8 . 1 0 1 0 0 1 0 0 1 1 0 1 1 1 1 0

The following information applies to Questions 33 to 36: The Elora Waffle Company is preparing for the upcoming winter season and has created a somewhat elaborate process map (as described by the...

6. Give examples of circular patterns in a communication situation that you have participated in, where element A affects B, and B affects A.

3. Find examples from your everyday life of people or situations that fit the Ithaca Syndrome.

1. Discuss the following: a) If you want stability, you should focus on change. b) What happens when an effect becomes a cause? c) If you do the opposite of what is expected, the reaction is changed....