Question: PLEASE LOOK AT PVIF TABLE TO GET CORRECT ANSWER You are offered $100,000 today or $303,000 in 12 years. Assuming that you can earn 10%
PLEASE LOOK AT PVIF TABLE TO GET CORRECT ANSWER
You are offered $100,000 today or $303,000 in 12 years. Assuming that you can earn 10% on your money, which should you choose? Click the table icon to view the PVIF table The present value of the $303,000 in 12 years is $ (Round to the nearest cent.) Clear all Check answer 2/11/22. 12.042 AM Data Table Present Value of $1 (PVIF) n 7% 8% 9% 10% 11% 12% 13% 14% 15% 16% 1 0.935 0.926 0.917 0.909 0.901 0.893 0.885 0.877 0.870 0.862 2 0.873 0.857 0.842 0.826 0.812 0.797 0.783 0.769 0.756 0.743 3 0.816 0.794 0.772 0.751 0.731 0.712 0.693 0.675 0.658 0.641 4 0.763 0.735 0.708 0.683 0.659 0.636 0.613 0.592 0.572 0.552 5 0.713 0.681 0.650 0.621 0.593 0.567 0.543 0.519 0.497 0.476 6 0.666 0.630 0.596 0.564 0.535 0.507 0.480 0.456 0.432 0.410 7 0.623 0.583 0.547 0.513 0.4820.452 0.425 0.400 0.376 0.354 8 0.582 0.540 0.502 0.467 0.434 0.404 0.376 0.351 0.327 0.305 9 0.544 0.500 0.460 0.424 0.391 0.361 0.333 0.308 0.284 0.263 10 0.508 0.463 0.422 0.386 0.352 0.322 0.295 0.270 0.247 0.227 110.475 0.429 0.388 0.350 0.317 0.287 0.261 0.237 0.215 0.195 12 0.444 0.397 0.356 0.319 0.286 0.257 0.231 0.208 0.187 0.168 13 0.415 0.368 0.326 0.290 0.258 0.229 0.204 0.182 0.163 0.145 14 0.388 0.340 0.299 0.263 0.232 0.205 0.181 0.160 0.141 0.125 150.362 0.315 0.275 0.239 0.209 0.183 0.160 0.140 0.123 0.108 16 0.339 0.292 0.252 0.218 0.188 0.163 0.141 0.123 0.107 0.093 17 0.317 0.270 0.231 0.198 0.170 0.146 0.125 0.108 0.093 0.080 18 0.296 0.250 0.212 0.180 0.153 0.130 0.1110.095 0.081 0.069 190 277 0.232 0.194 0.164 0.138 0.116 0.098 0.083 0.070 0.060 20 0.258 0.215 0.178 0.149 0.124 0.104 0.087 0.073 0.061 0.051 21 0 242 0.199 0.164 0.135 0.112 0.093 0.077 0.064 0.053 0.044 22 0.226 0.184 0.150 0.123 0.101 0.083 0.068 0.056 0.046 0.038 23 0.211 0.170 0.138 0.112 0,091 0.074 0.060 0.049 0.040 0.033 24 0.197 0.158 0.126 0.1020.082 0.066 0.053 0.043 0.035 0.028 250.184 0.146 0.116 0.092 0.074 0.059 0,047 0.038 0.030 0.024 30 0.131 0.099 0.075 0.057 0.044 0.033 0.026 0.020 0.015 0.012 40 0.067 0.046 0.032 0.022 0.015 0,011 0.008 0.005 0.0040.003 50 0.034 0.021 0.013 0.009 0.005 0.003 0.002 0.001 0.001 0.001 htts 3549 sonnents/36790
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