Present value=465,000*Present value of discounting factor(rate%,time period)
=465,000/1.06^9
=465,000*0.59190
=$275233.50
Brief Exercise G-10 Lloyd Company earns 6% on an investment that will return $465,000 9 years...
Brief Exercise G-10 Lloyd Company earns 12% on an investment that will return $453,000 9 years from now. Click here to view the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Lloyd should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Lloyd Company should invest $ LINK TO TEXT Brief Exercise G-11 Robben Company is considering investing in an annuity...
Brief Exercise G-10 Blossom Company earns 8% on an investment that will return $430,000 7 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Blossom should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Blossom Company should invest $enter an amount to be invested in dollars rounded to 2 decimal places
Cullumber Company earns 11% on an investment that will return $450,000 6 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Cullumber should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Cullumber Company should invest
Brief Exercise G-9 Lincoln Company is considering an investment that will return a lump sum of $713,100,5 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Lincoln Company pay for this investment to earn an 10% return? (Round answer to 2 decimal places, e.g. 25.25.) Lincoln Company should pay $
Brief Exercise A-9 Messi Company is considering an investment that will return a lump sum of $940,000 6 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Messi Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places, e.g. 25.25.) Messi Company should pay $
Brief Exercise G-10 Crane Company is considering an investment that will return a lump sum of $864,800, 7 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Crane Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places, e.g. 25.25.) Lincoln Company should pay Click if you would like to Show Work for this question: Open...
Brief Exercise G-10 Sandhill Co. is considering an investment that will return a lump sum of $921,200, 4 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Sandhill Co. pay for this investment to earn an 8% return? (Round answer to 2 decimal places, e.g. 25.25.) Lincoln Company should pay Click if you would like to Show Work for this question: Open...
Brief Exercise G-12 Carla Vista Co. earns 10% on an investment that pays back $81,000 at the end of each of the next 10 years. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Carla Vista Co. invested to earn the 10% rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Carla Vista Co. invested $enter an amount invested in dollars rounded...
Brief Exercise A-9 x Your answer is incorrect. Try again. Messi Company is considering an investment that will return a lump sum of $820,000 7 years from now. Click here to view the factor table, (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Messi Company pay for this investment to earn an 7% return? (Round answer to 2 decimal places, e.g. 25.25.) Messi Company should pay Click If you would like...
Brief Exercise G-9 X] your answer is incorrect. Try again. Mess Company is considering an investment that will return a lump sum of $850,000 3 years from now. Click here to view the factor table (For calculation purposes, se decimal places as displayed in the factor table provided.) What amount should Messi Company pay for this investment to earn an 8% return? (Round answer to 2 decimal places, 6.9. 25.25.) Messi Company should pay, 1070755.20