(a) What is the present value of $30,000 due 8 periods from now, discounted at 8%? (b)...
Question:
(a) What is the present value of $30,000 due 8 periods from now, discounted at 8%?
(b) What is the present value of $30,000 to be received at the end of each of 6 periods, discounted at 9%?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 75% (12 reviews)
a Discount rate from Table 1 is 54027 8 periods at 8 Present value ...View the full answer
Answered By
Leah Muchiri
I am graduate in Bachelor of Actuarial Science and a certified accountant. I am also a prolific writer with six years experience in academic writing. My working principle are being timely and delivering 100% plagiarized free work. I usually present a precised solution to every work am assigned to do. Most of my student earn A++ GRADE using my precised and correct solutions.
4.90+
52+ Reviews
125+ Question Solved
Related Book For
Accounting Principles
ISBN: 9781118566671
11th Edition
Authors: Jerry Weygandt, Paul Kimmel, Donald Kieso
Question Posted:
Students also viewed these Accounting questions
-
What is the present value of the following future amounts? a. $ 800 to be received 10 years from now discounted back to the present at 10 percent b. $ 300 to be received 5 years from now discounted...
-
What is the present value of a $100 perpetuity if the interest rate is 7%? If interest rates doubled to 14%, what would its present value be?
-
What is the present value of the following annuities? a. $ 2,500 a year for 10 years discounted back to the present at 7 percent b. $ 70 a year for 3 years discounted back to the present at 3 percent...
-
If you invested $320 million into a project today, and achieved operating cash flows of $180million, $60 million, $50 million, $50 million, and $40 million, how would you measure the following: a....
-
Use electron dot structures to show why tetramethylammonium hydroxide, (CH3)4N+OH-, is an ionic compound. That is, show why hydroxide is not covalently bound to the rest of the molecule.
-
A 13 cm by 13 cm steel angle with the dimensions shown is attached to a wall with a surface temperature of 600 K. The surrounding air is at 300 K, and the convective heat-transfer coefficient between...
-
Understand licensing as an entry strategy. LO.1
-
With a smoothing constant of = 0.2, equation (6.2) shows that the forecast for the 13th week of the gasoline sales data from Table is given by F13 = 0.2Y12 + 0.8F12. However, the forecast for week...
-
Derek will deposit $ 2 , 7 1 3 . 0 0 per year for 1 6 . 0 0 years into an account that earns 1 0 . 0 0 % , The first deposit is made next year. He has $ 1 4 , 9 5 5 . 0 0 in his account today. How...
-
Ramrod Manufacturing acquired all the assets and liabilities of Stafford Industries on January 1, 20X2, in exchange for 4,000 shares of Ramrods $20 par value common stock. Balance sheet data for both...
-
Part I Debby Kauffman and her two colleagues, Jamie Hiatt and Ella Rincon, are personal trainers at an upscale health spa/resort in Tampa, Florida. They want to start a health club that specializes...
-
Lloyd Company earns 9% on an investment that will return $700,000 8 years from now. What is the amount Lloyd should invest now in order to earn this rate of return?
-
What is contribution per unit and why is it so useful in short-term decision making? L01
-
Question: 9. Purchases and sales during a recent period for Bottineau Inc. were Purchases During the Period Sales During the Period 1st purchase 1,500 units x $ 4 1st sale 700 units x $13 2nd...
-
# The following is a partial relative frequency distribution of consumer preferences for four products-A, B, C, and D. Required: Determine the relative frequency for Product B: Relative Frequency...
-
Domino Company's operating percentages were as follows: Revenues 100% Cost of goods sold Variable 50% Fixed 10% 60% Gross profit 40% Other operating expenses Variable 20% Fixed 15% 35% Operating...
-
Marcus Stewart, the production manager at Galvin Company, purchased a cutting machine for the company last year. Six months after the purchase of the cutting machine, Stewart learned about a new...
-
The TechTeach Company produces and sells 7,000 modular computer desks per year at a selling price of $750 each. Its current production equipment, purchased for $1,950,000 and with a 5-year useful...
-
Calculating equivalent units} Lopez Chemical Company uses an average cost processing system. All materials are added at the start of the production process. Labor and overhead are added evenly at the...
-
Wimot Trucking Corporation uses the units-of-production depreciation method because units-of-production best measures wear and tear on the trucks. Consider these facts about one Mack truck in the...
-
The underlying circumstances of this lawsuit are set forth in a December 6, 2005 Order denying defendant Jacqueline Tubbs motion for summary judgment. Plaintiff Estate alleges its decedent Keith...
-
In a recent year, Cypress Semiconductor Corporation reported cash provided by operating activities of $155,793,000, cash used in investing of $207,826,000, and cash used in financing of $33,372,000....
-
Lott Corporation reported cash provided by operating activities of $360,000, cash used by investing activities of $250,000, and cash provided by financing activities of $70,000. In addition, cash...
-
In a recent quarter, Alliance Atlantis Communications Inc. reported cash provided by operating activities of $45,600,000 and revenues of $264,800,000. Cash spent on plant asset additions during the...
-
write 500 words on compare the vertical and horizontal organizational structure
-
2. A random variable can be continuous only discrete only either discrete or continuous neither discrete nor continuous
-
Los datos de la columna C tienen caracteres no imprimibles antes y despus de los datos contenidos en cada celda. En la celda G2, ingrese una frmula para eliminar cualquier carcter no imprimible de la...
Study smarter with the SolutionInn App