Present value=Cash flows*Present value of discounting factor(rate%,time period)
=10280/1.0595+7520/1.0595^2+9650/1.0595^3+12070/1.0595^4+11940/1.0595^5
which is equal to
=$43037.55(Approx).
Matthew Young has just purchased some equipment for his landscaping business. For this equipment he must...
Daniel Jackson has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,520, $7,570, $9,370, $12,560, and $11,660. If the appropriate discount rate is 7.910 percent, what is the cost in today's dollars of the equipment Daniel purchased today? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.) Present value $
George Robinson has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,730, $8,350, $9,150, $12,540, and $11.870. If the appropriate discount rate is 7.630 percent, what is the cost in today's dollars of the equipment George purchased today? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.) Present value $
Kevin Hall has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,790, $7,980, $9,510, $12,910, and $11,900. If the appropriate discount rate is 7.320 percent, what is the cost in today’s dollars of the equipment Kevin purchased today? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.)
Daniel Jackson has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,520, $7,570, $9,370, $12,560, and $11,660. If the appropriate discount rate is 7.910 percent, what is the cost in today’s dollars of the equipment Daniel purchased today? (Round answer to 2 decimal places, e.g. 15.25. Do not round factor values.)
Problem 6.04 Kenneth Clark has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,310, $7,890, $9,290, $12,110, and $11,310. If the appropriate discount rate is 6.250 percent, what is the cost in today's dollars of the equipment Kenneth purchased today (Round answer to 2 decimal places, e.o. 15.25. Do not round factor values.) Present value Click if you would like to...
Saul Cervantes has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of the next five years: $16,890, $8,010, $9,315, $12,330, and $11,580. If the appropriate discount rate is 10.200 percent, what is the cost in today’s dollars of the equipment Saul purchased today? (Round
Chris Anderson has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts at the end of each of the next five years: $10,920, $7,690, $9,450, $12,850, and $11,080. If the appropriate discount rate is 7.035 percent, what is the cost in today’s dollars of the equipment Chris purchased today?
D G H L 6.1. Future value with multiple cash flows: Konerko, Inc., expects to earn cash flows of $13,227, $15,611, 518,970, and $19,114 over the next four years. If the company uses an 8 percent discount rate, what is the future value of these cash flows at the end of year 4? 6.4. Present value with multiple cash flows: Saul Cervantes has just purchased some equipment for his landscaping business. For this equipment he must pay the following amounts...