Homework Answers
Solution
1 (F/P,21%,34)
The FV of the amount can be calculated
F = (1) [(1 + 0.21)^34]
= 653
2 (A/G,17%,45)
A/G = (1+i)^n-in-1 / 1+ (1+i)^n - i
=5.84
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?@79%- Done Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate Return to question Exercise 1-8 Using the accounting equation LO A1 10 Determine the missing amount from each of the separate situations given below Answer is not complete. (a)65000 114.000 <Prev 1of 8111 Next >
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Check my work mode : This shows what is correct or incorrect for the work you have completed so far. It does not indicate completion. Return to question A factory costs $290,000. You forecast that it will produce cash inflows of $85,000 in year 1, $145,000 in year 2, and $230,000 in year 3, The discount rate is 10%. a. What is the value of the factory? (Do not round intermediate calculations. Round your answer to 2 decimal places.) 10...
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O You skipped this question in the previc Required information Consider the following factors. 1. (FIP,21%,34) 2. (AIG,23%,45) Find the numerical values of the factors using linear interpolation. The numerical value of factor 1 is m . The numerical value of factor 2 is 4.34377
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