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Apps Belkin l Accounting II ACCT 205-01 CRN#17861 Kayl Homework: Chapter 0 Homework - Math Review Score: 0 of 1 pt 8018(7 complete) ▼ yLab Accou Present Value-1 (similar to) Main Menu Find the amount that should be set aside today to yield the desired future amount. Use the table. Assignments Future amount Interest Compounding Investment period time needed $4,000 rate Do Homework 2% semiannually 5years to view page 2 of the table. The amount that should be set aside today is $(Round to the nearest cent as needed.) Enter your answer in the answer box and then click Check Answer. Clear All All parts showing O Type here to search
UmE00UIK. Chapter 0 Homework - Math Review core: 0 of 1 pt Present Value-1 (s 8 of 8 (7 complete) HW Score: 62.5%, 5 Question He Definition Find the amount that should be set Future amount Interest needed $4,000 rate Present value of $1.00 (page 1) 296 Rate per period Click here to view page 1 of the tab Periods 1% 1.5% 2% 2.5% 3% 1 0.99010 0.98522 0.98039 0.97561 0.97087 2 0.98030 0.97066 0.96117 0.95181 0.94260 3 0.97059 0.95632 0.94232 0.92860 0.91514 4 0.96098 0.94218 0.92385 0.90595 0.88849 5 0.95147 0.92826 0.90573 0.88385 0.86261 6 0.94205 0.91454 0.88797 0.86230 0.83748 7 0.93272 0.90103 0.87056 0.84127 0.81309 8 0.92348 0.88771 0.85349 0.82075 0.78941 9 0.91434 0.87459 0.83676 0.80073 0.76642 10 0.90529 0.86167 0.82035 0.78120 0.74409 11 0.89632 0.84893 0.80426 0.76214 0.72242 12 0.88745 0.83639 0.78849 0.74356 0.70138 13 0.87866 0.82403 0.77303 0.72542 0.68095 he amount that should be set asid ter your answer in the answer b Print Done Check Answer parts showing earch
mework: Chapter 0 Homework - Math Review re: 0 of 1 pt | 80f 8 (7 complete) ▼ | HW Score: 62.5% Present Value-1 (s EQuestion i Definition the amount that should be set Future amount Interest 一ㄒㄧ一0.96098-09421 8 0.923851090595 088849- 5 0.95147 0.92826 0.90573 0.88385 0.86261 6 0.94205 0.91454 0.88797 0.86230 0.83748 7 0.93272 0.90103 0.87056 0.84127 0.81309 8 0.92348 0.88771 0.85349 0.82075 0.78941 9 0.91434 0.87459 0.83676 0.80073 0.76642 10 0.90529 0.86167 0.82035 0.78120 0.74409 11 0.89632 0.84893 0.80426 0.76214 0.72242 12 0.88745 0.83639 0.78849 0.74356 0.70138 13 0.87866 0.82403 0.77303 0.72542 0.68095 14 0.86996 0.81185 0.75788 0.70773 0.66112 15 0.86135 0.79985 0.74301 0.69047 0.64186 16 0.85282 0.78803 0.72845 0.67362 0.62317 17 0.84438 0.77639 0.71416 0.65720 0.60502 18 0.83602 0.76491 0.70016 0.64117 0.58739 19 0.82774 0.75361 0.68643 0.62553 0.57029 20 0.81954 0.74247 0.67297 0.61027 0.55368 needed $4,000 rate 2% here to view page 1 of the tab amount that should be set asid your answer in the answer b Print Done Check Answer rts showing
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8 of 8 (7 complete)> HW Score: 62.5%, 5 of 8 pts t Value-1 (similarDeinition -X Question Help that should be set aside toda nount Interest Compou 4 0.85480 0.82270 0.79209 0.73503 0.68301 5 0.82193 0.78353 0.74726 0.68058 0.62092 6 0.79031 0.74622 0.70496 0.63017 0.56447 7 0.75992 0.71068 0.66506 0.58349 0.51316 8 0.73069 0.67684 0.62741 0.54027 0.46651 9 0.70259 0.64461 0.59190 0.50025 0.42410 10 0.67556 0.61391 0.55839 0.46319 0.38554 11 0.64958 0.58468 0.52679 0.42888 0.35049 12 0.62460 0.55684 0.49697 0.39711 0.31863 13 0.60057 0.53032 0.46884 0.36770 0.28966 14 0.57748 0.50507 0.44230 0.34046 0.26333 15 0.55526 0.48102 0.41727 0.31524 0.23939 16 0.53391 0.45811 0.39365 0.29189 0.21763 17 0.51337 0.43630 0.37136 0.27027 0.19784 18 0.49363 0.41552 0.35034 0.25025 0.17986 19 0.47464 0.39573 0.33051 0.23171 0.16351 20 0.45639 0.37689 0.31180 0.21455 0.14864 rate 2% w page 1 of the table. Click he tshould be set aside today is semia Print Done wer in the answer box and th Check Answer
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Present Value Future Value x Present Value Factor (Rate, Number of Periods) Future Value $4,000 Rate 296x 1/2-1% per Semi annual Period Number of Periods 5 years x 2 semi annuals per year 10 Semi Annual Periods So Present Value = $4,000 x Present Value Factor (196, 10 Periods) Present Value Factor choosen from Present value of $1.00 tabie given in question for 1% ,10 Periods is 0.90529 So Present Value $4,000 x 0.90529 The amount that should be set aside today is $3,621.16 $3,621.16

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