Find the present value of (1) A single payment of $24,000- at 6 percent for 12 years,

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Find the present value of

(1) A single payment of $24,000- at 6 percent for 12 years,

(2) 12 annual payments of $2,000 at 6 percent,

(3) A single payment of $5,000 at 9 percent for five years, and

(4) 5 annual payments of $5,000 at 9 percent.

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Principles of Accounting

ISBN: 978-1439037744

11th Edition

Authors: Needles, Powers, crosson

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Question Posted: Feb 23, 2012 12:46 AM

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Find the present value of (1) A single payment of $24,000- at 6 percent for 12 years,

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1 Single payment of 24000 at 6 in 12 years from now see Table 1 in the appendix on present value t...View the full answer

Principles of Accounting

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