Using the following partial table of present value of $1 at compound interest, the present value...
Using the following partial table of present value of $1 at
compound interest, the present value of $15,000 to be received 3
years hence with earnings at the rate of 6% a year is
| Year | 6% | 10% | 12% |
| 1 | 0.943 | 0.909 | 0.893 |
| 2 | 0.890 | 0.826 | 0.797 |
| 3 | 0.840 | 0.751 | 0.712 |
| 4 | 0.792 | 0.683 | 0.636 |
a.$11,265
b.$13,350
c.$11,880
d.$12,600
Homework Answers
Answer is option d) $12,600
Add Answer to:
Using the following partial table of present value of $1 at
compound interest, the present value...
A. Using the following partial table of present value of $1 at compound Interest, the present...
A. Using the following partial table of present value of $1 at compound Interest, the present value of $79,077 to be received three years hence with earnings at the rate of 6% a year is (round to two decimal points). Year 6% 10% 12% 0.943 0.909 0.893 2 0.890 0.826 0.797 0.840 0.751 0.712 4 0.792 0.683 0.636 $66,424.68 $50,292.97 $54,009.59 $62,628.98 B.Use these present value table to answer the question that follow Below is a table for the present...
Following is a table for the present value of $1 at compound interest: Year 6% 10%...
Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Following is a table for the present value of an annuity of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables...
Below is a table for the present value of $1 at compound interest. Year 6% 10%...
Below is a table for the present value of $1 at compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Below is a table for the present value of an annuity of $1 at compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables...
The rate of earnings is 12% and the cash to be received in 2 years is $89,624. Determine the present value amount,...
The rate of earnings is 12% and the cash to be received in 2 years is $89,624. Determine the present value amount, using the following partial table of present value of $1 at compound interest: (round to two decimal points) Year 6% 10% 12% 0.943 0.909 0.893 0.890 0.826 0.797 0.840 0.751 0.712 0.792 0.683 0.636 3. $63,812.29 b. $80,034.23 c. $74,029.42 d. $71,430.33
Below is a table for the present value of $1 at compound interest. Year 6% 10% 12% 1 0.943...
Below is a table for the present value of $1 at compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Below is a table for the present value of an annuity of $1 at compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.170 3.037...
Calculator Following is a table for the present value of $1 at compound interest: Year 6%...
Calculator Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Following is a table for the present value of an annuity of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables...
Following is a table for the present value of $1 at compound interest: Year 6% 10%...
Following is a table for the present value of $1 at compound interest: Year 6% 10% 1296 1 0.943 0.009 close 0.893 0.797 2 0.890 0.826 3 0.840 0.751 0.712 4 0.792 0.683 0.621 0.636 0.567 5 0.747 Following is a table for the present value of an annuity of $1 at compound interest: Year 69 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the...
Below is a table for the present value of $1 at Compound interest. Year 6% 10%...
Below is a table for the present value of $1 at Compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Below is a table for the present value of an annuity of $1 at compound interest. Year 6% 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables...
Below is a table for the present value of si at compound interest. Year 6% 0.943 0.890 0.840 0.792 0.747 10% 0.909 0.82...
Below is a table for the present value of si at compound interest. Year 6% 0.943 0.890 0.840 0.792 0.747 10% 0.909 0.826 0.751 0.683 0.621 1296 0.893 0.797 0.712 0.636 0.567 Below is a table for the present value of an annuity of $1 at compound interest. nWNID 65 0.943 1.833 2.673 3.465 4.212 10% 0.909 1.736 2.487 3.170 3.791 1296 0.893 1.690 2.402 3.037 3.605 Using the tables above, what would be the present value of $25,000 (rounded...
Following is a table for the present value of $1 at compound interest: Year 6% 10%...
Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Following is a table for the present value of an annuity of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables...
A. Using the following partial table of present value of $1 at compound Interest, the present value of $79,077 to be received three years hence with earnings at the rate of 6% a year is (round to two decimal points). Year 6% 10% 12% 0.943 0.909 0.893 2 0.890 0.826 0.797 0.840 0.751 0.712 4 0.792 0.683 0.636 $66,424.68 $50,292.97 $54,009.59 $62,628.98 B.Use these present value table to answer the question that follow Below is a table for the present...
The rate of earnings is 12% and the cash to be received in 2 years is $89,624. Determine the present value amount, using the following partial table of present value of $1 at compound interest: (round to two decimal points) Year 6% 10% 12% 0.943 0.909 0.893 0.890 0.826 0.797 0.840 0.751 0.712 0.792 0.683 0.636 3. $63,812.29 b. $80,034.23 c. $74,029.42 d. $71,430.33
Calculator Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 0.890 0.826 0.797 3 0.840 0.751 0.712 4 0.792 0.683 0.636 5 0.747 0.621 0.567 Following is a table for the present value of an annuity of $1 at compound interest: Year 6% 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables...
Following is a table for the present value of $1 at compound interest: Year 6% 10% 1296 1 0.943 0.009 close 0.893 0.797 2 0.890 0.826 3 0.840 0.751 0.712 4 0.792 0.683 0.621 0.636 0.567 5 0.747 Following is a table for the present value of an annuity of $1 at compound interest: Year 69 10% 12% 1 0.943 0.909 0.893 2 1.833 1.736 1.690 3 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the...
Below is a table for the present value of si at compound interest. Year 6% 0.943 0.890 0.840 0.792 0.747 10% 0.909 0.826 0.751 0.683 0.621 1296 0.893 0.797 0.712 0.636 0.567 Below is a table for the present value of an annuity of $1 at compound interest. nWNID 65 0.943 1.833 2.673 3.465 4.212 10% 0.909 1.736 2.487 3.170 3.791 1296 0.893 1.690 2.402 3.037 3.605 Using the tables above, what would be the present value of $25,000 (rounded...
Most questions answered within 3 hours.
-
What is the 5% level of significance for mean = 3.60, standard
deviation = 0.94, and...
asked 7 minutes ago -
Prior to beginning work on this discussion, please read the
article by Hayley Peterson, 15 Companies...
asked 36 minutes ago -
Which pair of aqueous solutions, when mixed, will form a
precipitate?
A) NaNO3 and AgC2H3O2
B)...
asked 53 minutes ago -
1-Write an algorithm to get two numbers from the user (as
inputs) and calculate the sum...
asked 4 hours ago -
Define white-collar crime. What is the difference between
offender and offense-based definitions of white-collar crime? What...
asked 4 hours ago -
Consider a reaction which is 1st order with respect to A and 1st
order with respect...
asked 5 hours ago -
c++
The length of the hypotenuse of a right-angled triangle is the
square root of the...
asked 5 hours ago -
When a metal rod is heated, not only its resistance but also its
length and cross‐sectional...
asked 5 hours ago -
write a c++ program that computes the L^1 - Norm of a given
vector (L^1 norm...
asked 5 hours ago -
A manufacturer of banana chips would like to know whether its
bag filling machine works correctly...
asked 5 hours ago -
Complete the chapter case, "Turnover Analysis".
Chapter Case
Turnover Analysis
You recently completed your company’s new...
asked 5 hours ago -
What is the pH of solutions having the following H3O+
concentrations? Identify each as acidic, basic,...
asked 5 hours ago