Question: Use the present value tables in Appendix A and Appendix B to compute the NPV of each of the following cash inflows: Required: $22,400 received
Use the present value tables in Appendix A and Appendix B to compute the NPV of each of the following cash inflows:
Required:
- $22,400 received at the end of 15 years. The discount rate is 7 percent.
- $6,200 received at the end of four years and $12,350 received at the end of eight years. The discount rate is 9 percent.
- $1,940 received annually at the end of each of the next seven years. The discount rate is 6 percent.
- $54,750 received annually at the end of each of the next three years and $76,750 received at the end of the fourth year. The discount rate is 8 percent.
Note: For all requirements, round discount factor(s) to 3 decimal places, all other intermediate calculations and final answers to the nearest whole dollar amount.
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