Question: Question 3 Use PV Factor Tables or financial calculator. 1. The company sells products to a customer for $70,000 and will receive $10,000 at the

Question 3 Use PV Factor Tables or financial calculator. 1. The

company sells products to a customer for $70,000 and will receive $10,000

Question 3 Use PV Factor Tables or financial calculator. 1. The company sells products to a customer for $70,000 and will receive $10,000 at the end of each of the seven years. The market interest rate is 5%. Please calculate the present value of the receivable (compounding annually and rounded to the nearest dollar). 2. The company sells products to a customer for $70,000 and will receive $10,000 at the beginning of each of the seven years. The market interest rate is 5%. Please calculate the present value of the receivable (compounding annually and rounded to the nearest dollar). 3. The company sells products to a customer for $60,000 and will receive $15.000 at the end of the second to fifth years. The market interest rate is 6%. Please calculate the present value of the receivable (compounding annually and rounded to the nearest dollar)

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