Question: Use these present value tables to answer the question that follow. Below is a table for the present value of $1 at compound interest. Year
Use these present value tables to answer the question that follow. Below is a table for the present value of $1 at compound interest. Year 129 10% 0.909 1 0.893 2 0.826 0.792 0.943 0.890 0.840 0.792 0.747 3 4 0.751 0.683 0.621 0.712 0.636 0.567 5 Below is a table for the present value of an annuity of $1 at compound interest 6% Year 1 1096 0.909 1.736 2 12% 0.893 1.690 2.402 3,037 3.605 0.943 1.833 2.673 3.465 4,212 3 4 2.487 3.170 3.791 5 Using the tables above, if an investment is made now for $20,000 that will generate a cash inflow of $7,000 a year for the next four years, what would be the presente value of the investment cash inflows, assuming an earnings rate of 12%? Oa: 520,352 b. 522,190 Oc. 521.359 Od 5.96
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