Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 0.943 0.909 0.893 2 0.890 0.826 0
-
answerhappygod
- Site Admin
- Posts: 899604
- Joined: Mon Aug 02, 2021 8:13 am
Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 0.943 0.909 0.893 2 0.890 0.826 0
Following is a table for the present value of $1 at compound interest: Year 6% 10% 12% 0.943 0.909 0.893 2 0.890 0.826 0.797 1 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 1.690 2 1.833 1.736 3 2.673 2.487 2.402 4 3.465 3.170 3.037 5 4.212 3.791 3.605 Using the tables provided, the present value of $6,000 to be received at the end of each of the next 4 years, assuming an earnings rate of 10%, is Oa. $25,272 Ob. $19,020 Oc. $20,790 Od. $14,412
Join a community of subject matter experts. Register for FREE to view solutions, replies, and use search function. Request answer by replying!