Present and future value tables of $1 at 3% are presented below. N FV $1 PV...
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Present and future value tables of $1 at 3% are presented below. N FV $1 PV $1 1 1.03000 0.97087 FVA $1 1.0000 PVAD $1 1.00000 1.97087 3.1836 2.91347 4.3091 3.82861 4.71710 5.57971 PVA $1 FVAD $1 0.97087 1.0300 2 1.06090 0.94260 2.0300 1.91347 2.0909 3 1.09273 0.91514 3.0909 2.82861 4 1.12551 0.88849 4.1836 3.71710 5 1.15927 0.86261 5.3091 4.57971 5.4684 6 1.19405 0.83748 6.4684 5.41719 6.6625 7 1.22987 0.81309 7.6625 6.23028 7,8923 1.26677 0.78941 8.8923 9 1.30477 8.76642 10.1591 10 1.34392 0.74409 11.4639 11 1.38423 0.72242 12.8078 12 1.42576 0.70138 13 6.41719 8 7.01969 9.1591 7.23028 7.78611 10.4639 8.01969 8.53020 11.8078 8.78611 9.25262 13.1920 9.53020 14.6178 10.25262 1.46853 0.68095 14 14.1920 9.95400 15.6178 10.63496 16.0863 10.95400 17.0863 11.29607 17.5989 11.63496 18.5989 11.93794 12.29607 19.1569 20.1569 12.56110 1.51259 0.66112 1.55797 0.64186 0.62317 1.60471 15 130.7616 12.93794 16 Monica wants to sell her share of an investment to Barney for $90,000 in 6 years. If money is worth 6% compounded semiarinually, what would Monica accept today? Present and future value tables of $1 at 3% are presented below. N FV $1 PV $1 1 1.03000 0.97087 FVA $1 1.0000 PVAD $1 1.00000 1.97087 3.1836 2.91347 4.3091 3.82861 4.71710 5.57971 PVA $1 FVAD $1 0.97087 1.0300 2 1.06090 0.94260 2.0300 1.91347 2.0909 3 1.09273 0.91514 3.0909 2.82861 4 1.12551 0.88849 4.1836 3.71710 5 1.15927 0.86261 5.3091 4.57971 5.4684 6 1.19405 0.83748 6.4684 5.41719 6.6625 7 1.22987 0.81309 7.6625 6.23028 7,8923 1.26677 0.78941 8.8923 9 1.30477 8.76642 10.1591 10 1.34392 0.74409 11.4639 11 1.38423 0.72242 12.8078 12 1.42576 0.70138 13 6.41719 8 7.01969 9.1591 7.23028 7.78611 10.4639 8.01969 8.53020 11.8078 8.78611 9.25262 13.1920 9.53020 14.6178 10.25262 1.46853 0.68095 14 14.1920 9.95400 15.6178 10.63496 16.0863 10.95400 17.0863 11.29607 17.5989 11.63496 18.5989 11.93794 12.29607 19.1569 20.1569 12.56110 1.51259 0.66112 1.55797 0.64186 0.62317 1.60471 15 130.7616 12.93794 16 Monica wants to sell her share of an investment to Barney for $90,000 in 6 years. If money is worth 6% compounded semiarinually, what would Monica accept today?
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Given FV future value the amount Monica would like to sell her investment f... View the full answer
Related Book For
Intermediate Accounting IFRS
ISBN: 978-1119372936
3rd edition
Authors: Donald E. Kieso, Jerry J. Weygandt, Terry D. Warfield
Posted Date:
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