Question: What is the present value of: Use Appendix B. (Round PV Factor to 3 decimal places. Round the final answers to nearest whole dollar.) a.

What is the present value of: Use Appendix B. (Round "PV Factor" to 3 decimal places. Round the final answers to nearest whole dollar.)

a. $9,600 in 8 years at 8 percent?

Present value $

b. $30,000 in 10 years at 14 percent?

Present value $

c. $39,000 in 18 years at 9 percent?

Present value $

d. $1,000 in 15 years at 16 percent?

Present value $

Step by Step Solution

★★★★★

3.47 Rating (154 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

a prelent value for 9600 in 8yearu at 87 paincipal x present valu factor 8 years 87 Amount 9600 X O ... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!

Q:

What is the present value of the following uneven cash flow stream? The appropriate interest rate is 10%, compoundedannually. 1 4 years 300 100 300 -50 2.

Q:

What is the present value of a $100 perpetuity if the interest rate is 7%? If interest rates doubled to 14%, what would its present value be?

Q:

What is the present value of five $800 cash flows that occur at the end of each year for the next five years at a periodic interest rate of 8% compounded annually? The first cash flow occurs a year...

Q:

Rush Corporation plans to acquire production equipment for $612,500 that will be depreciated for tax purposes as follows: year 1, $122,500; year 2, $212,500; and in each of years 3 through 5, $92,500...

Q:

1. Results from previous studies showed 79% of all high school seniors from a certain city plan to attend college after graduation. A random sample of 200 high school seniors from this city reveals...

Q:

On 2 January 20X8, Keen Mining Ltd. commenced a mining operation. Keen is required by the terms of provincial legislation to remediate the mine site when mining is completed, likely in 10 years time....

Q:

Twixt Corp. issued $5,210,000 of convertible bonds on 1 January for $4,995,000 cash. The bond had the following terms: Bonds mature in five years time. Annual interest, 5%, is paid each 31 December....

Q:

Dwyer Company is considering two investment projects. Relevant cost and cash flow information on the two projects is given below: The trucks would have a $15,000 salvage value in nine years. For tax...

Q:

* Times interest earned Loomis, Inc. reported the following on the companys income statement in two recent years: Current Year Prior Year Interest expense $499,000 $598,800 Income before income tax...

Q:

This problem is an extension to the Bally Company COQ reporting example, reflected in Exhibit 17.10. At year 0, the management team for the company was presented with its first COQ report for the...

Q:

The Company is considering the purchase of a flow measurement device. Its purchase price is $12.000 and another $600 will be spent shipping and installing the device. Use of the device is expected to...

Q:

The trial balance of Leopard Anvils at January 31, 2012, and the data for the month-end adjustments follow: Adjustment data: a. Unearned service revenue still unearned at January 31, $400. b. Prepaid...

Q:

Please Identify and solve the following differential equation d x d t = 5 x e t + 3 x

Q:

You choose how much time a day to devote to sleeping (s) and fun (f). Suppose you get Si fi utility, which you seek to maximise. However, you face two major restrictions: there are only 24 hours in a...

Q:

Task Assignment Problem Let's assume that 13 students in a school were given the same 10 tasks (i.e. writing a long essay/report) to be completed. However, every student is differentiated by their...

Q:

Please note that Exercise 3 requires that you create 2 programs: my_password_module . use_my_password_module my_password_module is a container for password vandation functions that will be used by...

Q:

Bam Bam International, inc. (or BBI) is a corporation with three equal shareholders (each shareholder has a basis in the shares of $25,000). BBIs revenues from its first year of operations for the...

Q:

Fill in the cells in column B with groups in terms of the value in column A in tab Q2, and the range of each group lies in the table on the right side. For example, if the value is 5.5, the group...

Q:

Your discussion must include examples at the cell, organism, and ecosystem, Discuss the relationships between structure and function, diversity, redundancy, and stability,matter and energy

Q:

Please solve the following questions and give me an excellent answer. Directions: Answer the following questions on a separate document. Explain how you reached the answer or show your work if a...

Q:

g. (1) Should Hatfield implement the plans? How much value would they add to the company? g. (2) How much can Hatfiled pay as a a special dividend in the Improved scenario? What else might Hatfield...

Q:

Hi this is homework of financial management.Please give me an excellent answer Directions: Answer the following questions on a separate document. Explain how you reached the answer or show your work...

Q:

Question 1 Net Present Value Method, Present Value Index, and Analysis for a service company Continental Railroad Company is evaluating three capital investment proposals by using the net present...

Q:

Question Content Area Mastery Problem: Net Present Value and Internal Rate of Return Question Content Area Part One Companies use capital investment analysis to evaluate long-term investments....

Q:

E Business Course Return to course Weighted Average Cost of Capital and Net Present Value Analysis Tate Company is considering a proposal to acquire new equipment for its manufacturing division. The...