Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

1. pls help Aura Industries purchased land by paying $42.000 cash on the purchase date and agreeing to pay $42.000 for each of the next

1. pls help image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
image text in transcribed
Aura Industries purchased land by paying $42.000 cash on the purchase date and agreeing to pay $42.000 for each of the next seven years beginning one-year from the purchase date. Aura's incremental borrowing rate is 7% (EV of $1. PV of S1. FVA of \$1, and PVA of \$1) On the balance sheet as of the purchase date, after the inital $42,000 payment was made, the liability reported is closest to: Note: Use the oppropriate factor(s) from the tables provided. Future Valse of \$1 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline Periads & 1.0s & 2.05 & 2.05 & & 4.os & 4.255 & 5.0s & 3.0s & 1.0% \\ \hline 1 & 1.01000 & 1.02000 & 103000 & 103750 & 104500 & 104750 & 105000 & 106000 & 1.07000 \\ \hline 2 & 1.02010 & 1.04060 & 1.06090 & toreat & coares & 1.08691 & 1.10050 & 1.12350 & 1.14490 \\ \hline 3 & 1.03030 & 1.06121 & 1.08273 & 1116 & 112436 & 113300 & 1.15763 & 1,19102 & 1.22504 \\ \hline 4 & 1.04060 & 100203 & 1.12855: & t.sast & & 1.88115 & 1.21551 & 1.26248 & 131080 \\ \hline 5 & 1.05101 & 1.10408 & 1.15927 & 1.20210 & 121645 & 123135 & 1.27628 & 133823 & 1.40255 \\ \hline 6 & 1.05152 & 1,12616 & 1.19405 & 1.297ts & 16512 & 1.28064 & 1.34010 & 1.41352 & 150073 \\ \hline , & 107214 & 1.14069 & 122857 & 129395 & 2.31593 & 133e24 & 1.40710 & 150363 & 1.60578 \\ \hline 8 & 108286 & 1.1766 & 1265n & 134207 & 134457 & 139511 & 1.47745 & 159385 & \\ \hline 9 & 1.00369 & 1.19500 & 1.3047 & 139231 & 1.42331 & 1.45440 & 1.55133 & 166948 & 1.83846 \\ \hline 10 & 1.10462 & 1.21899 & 130992 & 1.44304 & 1 anoge & 151621 & 1.62889 & troos & 1.96715 \\ \hline \end{tabular} Future Valse of \$1 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline Periods & 1.08 & 2.0s & 3.0s & 2.735 & 4m & 6.25s & 5.0s & 5.0s & 7.0% \\ \hline 11 & 211567 & 124397 & 138423 & & trages & 159065 & 1.71034 & 1.89830 & 2.10485 \\ \hline 12 & 1.12683 & 1.26824 & & 155565 & 1.tonos & & 179sas & 201220 & 2.25219 \\ \hline 13 & 1.11000 & 1.29361 & 1. 4bas3 & 1.6137 & tessor & 1717as & 1 asses & 213293 & 2.409 s \\ \hline 14 & 1.14947 & 1.31948 & 151255 & 167430 & 68 & 1.79097 & 1.97993 & 226090 & 2.57853 \\ \hline 15 & 1.16097 & 1.34587 & 1.55797 & inses & 1030654 & 1.ste9 & 207693 & 239656 & 2.75903 \\ \hline 16 & & 1.3mm & 16047 & 1.90m & 1mma & 19063 & 2.10287 & 254035 & 295216 \\ \hline 17 & 1. 18630 & 1.40024 & 1652es & 1.06se1 & 19470 & 202005 & 229202 & 269277 & 3.15832 \\ \hline 18 & 1.19615 & 1.42825 & 1.70243 & 1.935s & 202502 & 211523 & 240662 & 2.85434 & 33993 \\ \hline 19 & 1.20811 & 1.45681 & 1.75351 & 201268 & 2.0645 & 2.20519 & 252695 & 302560 & 361653 \\ \hline 20 & 122015 & 1.465\%5 & 180611 & 204815 & 219112 & 2 xest & 2.65330 & 320714 & 1.16568 \\ \hline 25 & 128703 & 1.64061 & 20037 & 251017 & 2 ceses & 230075 & 338635 & 4.9187 & 5.42743 \\ \hline 30 & 1.34765 & 1.81136 & 242725 & 30174 & & 3.40564 & 4.32194 & 5.74349 & 2.61226 \\ \hline \end{tabular} Future Value of \$1 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline Periade & a.os & 9.06 & 10.05 & 11.08 & 12.05 & 13.0x & ti.os & 15.0s & 20.0s & 25.0N \\ \hline 1 & 1.00000 & 1.00000 & 1.10000 & 1,11000 & 112000 & 1,13000 & 1.14000 & 1.15000 & 1.20000 & 1.25000 \\ \hline 2 & 1.16540 & 1,12810 & 1.21000 & 1.22210 & 125400 & & 1.29%60 & 1.32250 & 2.44000 & 1.56250 \\ \hline 3 & 1.25971 & 1.29503 & 13100 & 1.36763 & tas433 & tanso & t.at154 & 1.52003 & ln300 & 1.9531 \\ \hline 4 & 1.36049 & 1.41158 & 1.46410 & 1.51007 & 15ns? & 160047 & & 1.74901 & 2.07360 & 244141 \\ \hline 5 & 1.46933 & 1.53062 & 1.61051 & 168506 & & & & 201136 & 24sin2 & 305176 \\ \hline 6 & 1.5ass7 & 1.6m10 & 1 miss & & 19na? & 200155 & 2. 19497 & 231306 & 294588 & 3.81470 \\ \hline , & 171382 & 182004 & 1.94kn & 200616 & 221068 & 235261 & 2sem & 2.66002 & 358318 & 4.7639 \\ \hline 8 & 1.85093 & 199756 & 214359 & 230454 & 247 ses & 2 ssaet & 2 asaso & 305902 & 4.79sa? & 5.96045 \\ \hline 9 & 1.99000 & 217189 & 2357% & 2.55804 & 2nsoe & 3.00034 & 325195 & 251768 & 5.15978 & 7,45058 \\ \hline 10 & 215392 & 2.35736 & 259374 & 283542 & 3 iosas & 339457 & 30m & 404556 & 6.19174 & 931323 \\ \hline \end{tabular} Future Vabse of $1 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline Perieda & s.es & 2.05 & 10.0s & 11.08 & 12.0s & 12.0s & 1408 & 15.0N & 20.0s & 25.0s \\ \hline 11 & 2.33164 & 2.58043 & 285312 & 315176 & 3 evess & 323586 & 42spz & 4.65239 & 7,43008 & 11.64153 \\ \hline 12 & 251817 & 281265 & 3 13ex & 3.49045 & ansse & 4.33452 & 481790 & 5.35025 & 891610 & 1455192 \\ \hline 13 & 271962 & 306580 & 3.452m & 3k8m2s & 43830 & A aseot & 5.45241 & 6.15279 & 10.69932 & 18. 18989 \\ \hline 14 & 2.93719 & 3.34173 & 379750 & 431044 & & 553473 & 6.25135 & 7.07571 & 1283918 & 22.73737 \\ \hline 15 & 3.17217 & 2.64248 & 4.17ms & 478459 & 541357 & 6.25427 & 7.137se & 8.13705 & 15.40702 & 28.42171 \\ \hline 16 & 342594 & 397031 & 459es? & 531089 & 613019 & 206733 & e13ns & 9.35762 & 18.48543 & 3552714 \\ \hline 17 & 3.70002 & 4.32763 & 5.05407 & 5.89509 & 506604 & 7.50608 & 9.27646 & 10.76126 & 2218611 & 44.40892 \\ \hline 18 & 3.99602 & 4.71712 & 5.55992 & 5s435s & 2.sass? & 208027 & 10.57517 & 12.37545 & 2562333 & 55.51115 \\ \hline 19 & 4.31570 & 5.14166 & 6.11591 & 7.26334 & 861276 & 10. 19742 & 1205569 & 14.23177 & 31.94800 & 6938394 \\ \hline 20 & 4.66096 & 560441 & 672750 & 806231 & s.6ens & 11.52309 & 127049 & 16.36654 & 38.33760 & 86.73617 \\ \hline 25 & 6.84848 & 8.62308 & 108367 & 1358545 & 1700006 & 21.23054 & 25.46192 & 32.91895 & 95.39622 & 26469780 \\ \hline 30 & 1006266 & 13.26768 & 17.44940 & 2289230 & 2995992 & 3911590 & 5095016 & 66.21177 & 237.37631 & 807.79357 \\ \hline \end{tabular} Present Value of Annuity of \$1 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline Periods & 1.0s & 2.0s & 3.05 & 3.75s & 4.0s & 4.25% & 5.08 & 6.0s & 7.0% \\ \hline 1 & 0.99010 & 0.98039 & 0.97087 & 0.95335 & 0.95154 & 0.95923 & 0.95738 & 0.94340 & 0.93458 \\ \hline 2 & 1.97040 & 1.94156 & 1.91347 & 1.89287 & 1.83609 & 1.87936 & 1.85241 & 183399 & 1.80002 \\ \hline 3 & 294059 & 2.88388 & 282861 & 278831 & 277509 & 2.76198 & 2.72325 & 2.67301 & 2.62432 \\ \hline 4 & 3.90197 & 3.80773 & 3.71710 & 365138 & 3.62990 & 3.60851 & 354595 & 3.45511 & 335721 \\ \hline 5 & 485343 & 4.71345 & 457971 & 4.48326 & 4.45+132 & 4.42073 & 4.32948 & 421236 & 4. 10020 \\ \hline 6 & 5.79548 & 5.60143 & 5.41719 & 5.78507 & 5.24214 & 519974 & 507569 & 4.91732 & 4.76654 \\ \hline 7 & 6.72819 & 6.47198 & 6.23028 & 605790 & 6.00205 & 5.94699 & 5.73637 & 5.55238 & 5.36929 \\ \hline 8 & 7.65168 & 7.32548 & 7.01969 & 6.80280 & 6.73274 & 6.66378 & 6.46321 & 6.20979 & 5.97130 \\ \hline 9 & 8.56602 & 8. 16224 & 2.78511 & 7.520n & 7.43533 & 7.35135 & 2.10782 & 6.80169 & 6.51523 \\ \hline 10 & 247130 & 8.98259 & 8.53020 & 8.21279 & 8.11090 & 8.01039 & 7.72173 & 7.36009 & 702358 \\ \hline \end{tabular} Present Value of Annuity of $1 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|} \hline Periods & 1.0% & 2.0% & 2.0x & 3.75s & 4.05 & 4.255 & 3.0s & 6.05 & 7.0s \\ \hline 11 & 1036763 & 9.78685 & 9.25262 & 8.87979 & B. 76048 & 8. 64354 & 8.30641 & 783697 & 7.40657 \\ \hline 12 & 11.25508 & 10.57534 & 9.95400 & 9.52269 & 9.38507 & 9.25039 & 8.86325 & 8. 38384 & 294209 \\ \hline 13 & 12:13374 & 11.34837 & 10.63496 & 10.14236 & 998565 & 9.83251 & 9.39357 & c.85aba & 8.35765 \\ \hline 14 & 1300370 & 12.10525 & 1129607 & 10.7352 & 1056312 & 10.39090 & 9.8564 & & E.7454 \\ \hline 15 & 1386505 & 12.84926 & 11.93794 & 11.31530 & 11.11830 & 10.92652 & 10.37966 & 2.71225 & 210791 \\ \hline 16 & 14.71787 & 13.5m1 & 12.55110 & 11.97011 & 11cs230 & 11.44031 & 10.83m & 10.10590 & 9.40565 \\ \hline 17 & 15.5275 & 14.29187 & 13.16612 & 12.40498 & 12.16567 & 11.93315 & 11.27407 & 10.47726 & 976327 \\ \hline 18 & 1639827 & 14,99203 & 13.75351 & 1292046 & 12.65990 & 12.40590 & 11.68959 & 10.82760 & so 05908 \\ \hline 19 & 17.22601 & 15.67846 & 14.32380 & 13.41731 & 13.13394 & 12.55938 & 1208532 & 11.15:12 & 10.33560 \\ \hline 20 & 18.04555 & 16.35143 & 14.87747 & 13.89620 & 12.59033 & 13.28437 & 12.46221 & 11.46992 & 10.59401 \\ \hline 25 & 2202316 & 19.52346 & 17.41315 & 16.04320 & 15.62208 & 15.21734 & 14.09394 & 12.78336 & 11.65358 \\ \hline 30 & 25.80m & 22.39645 & 19.60044 & & 17.29203 & 16.77902 & 15.37245 & 0.76483 & 12.40906 \\ \hline \end{tabular} Present Value of Annuity of \$1 \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline Perieds & 0.0% & 9.0% & 10.0% & 11.0% & 12.0s & 13.0x & 14.0 & 15.01 & 20.05 & 25.0k \\ \hline 1 & 0.92593 & 0.91743 & 0.50009 & 0.90090 & 0.89286 & O.8Ba96 & 0.87719 & 0.06957 & 0.1333 & 0.10000 \\ \hline 2 & 1.78326 & 17s911 & 1.73554 & 1.71252 & 1.69005 & 1.66810 & 1.64666 & 1.62571 & 1.52m & 1.44000 \\ \hline 3 & 257710 & 253129 & 248585 & 246371 & 2.40183 & 236115 & 232163 & 228323 & 2.10648 & 195200 \\ \hline 4 & 3.31213 & 323972 & 3.16987 & 3.10245 & 3.03735 & 2.97447 & 291371 & 2.85498 & 2.58873 & 2.36160 \\ \hline 5 & 399271 & 3.86965 & 379079 & 369590 & 3.60478 & 3.51723 & 3.4330a & 3.35216 & 2.99061 & 2.68928 \\ \hline 6 & 4.62288 & 4.45592 & 435526 & 4.23054 & 4.11141 & 399755 & 288867 & 3.78448 & 2.32551 & 295142 \\ \hline 7 & 5.20637 & 503225 & 4.55842 & 4.71220 & 456376 & 4.42261 & 4.28830 & 4.t6042 & 26045 & 3.16114 \\ \hline 8 & 574664 & 5.53482 & 5.33493 & 5.14612 & 496764 & 4.79877 & 4.63886 & 4.48732 & 3 3.3716 & 3.32891 \\ \hline 9 & 6.24659 & 5.90525 & 5.79002 & 553705 & 5.32825 & 5.13166 & 4.94637 & 477158 & 4.00097 & 3.46313 \\ \hline 10 & 6.71001 & 6.41766 & 6.14457 & 5 - 10023 & 5.65022 & 5.42624 & 5.21612 & 5.0197 & 4.1924 & 2.57050 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{11}{|c|}{ Present Value of Annuity of $1} \\ \hline Periods & 8.0% & 2.0% & 10.0s & 11.0% & 12.0% & 13.08 & 16.0s & 18.0x & 20.0x & 25.05 \\ \hline 11 & 2.13896 & 6.80519 & 6.49506 & 6.20652 & 5.9370 & 5.66694 & 5.45273 & 5.23371 & 4.32706 & 365640 \\ \hline 12 & 7.53608 & 7.16073 & 6.81369 & 6.49236 & 6.19437 & 591765 & 5.66029 & 5.42062 & 4.43922 & 3.32512 \\ \hline 13 & 7.90378 & 7.48690 & 7.10336 & 6.74987 & 6.42355 & 6.12131 & 5.84236 & 5.58315 & 453268 & 3.78010 \\ \hline 14 & 8.24424 & 7.78615 & 7.36669 & 6.981 & 662817 & 6.30249 & 6.00207 & 572448 & 4.61057 & 312406 \\ \hline 15 & 8.55948 & 8.06069 & 7.60608 & 7,19087 & 6.81096 & 6.45238 & 6.14217 & 5.84737 & 4.67547 & 3.85926 \\ \hline 16 & 8.85137 & 8.31256 & 7.82371 & 7.37916 & 6.97399 & 6.60386 & 6.26506 & 5.95423 & 4.72956 & 3.88741 \\ \hline 17 & 9.12164 & 8.54363 & 8.02155 & 7.54879 & 7.11963 & 6.72909 & 6.37286 & 6.04716 & 4.77463 & 3.90993 \\ \hline 18 & 9.37189 & 8.75563 & 8.20141 & 2.70162 & 7.24967 & 683991 & 6.46742 & 6.12797 & 4.81219 & 392794 \\ \hline 19 & 9.60360 & 8.95011 & 8. 36492 & 7.83979 & 7.36578 & 6.93797 & 6.55037 & 6. 19823 & 4.84350 & 394235 \\ \hline 20 & 9.81815 & 9.12855 & 8.51356 & 7.96333 & 7.46944 & 7.02475 & 6.62313 & 6.25933 & 4.86958 & 395388 \\ \hline 25 & 10.67478 & 9.82258 & 9.07704 & 8.42174 & 7.84314 & 7.37998 & 6.87293 & 6.46415 & 4.94759 & 398459 \\ \hline 30 & 11.25778 & 10.27365 & 9.42691 & 8.69379 & 8.05518 & 7.49665 & 7.00266 & 6.56598 & 4.97894 & 3.99506 \\ \hline \end{tabular} \begin{tabular}{|c|c|c|c|c|c|c|c|c|c|c|} \hline \multicolumn{11}{|c|}{ Present Value of $1} \\ \hline Periods & 1.0N & 2.0s & 3.0% & \multicolumn{2}{|l|}{3.75%} & 6.0% & 4.25% & 5.0% & 6.0s & 7.0s \\ \hline 1 & 0.99010 & 0.99039 & 0.97087 & \multicolumn{2}{|l|}{0.96385} & 0.96154 & 0.95923 & 0.95238 & 094340 & 0.93458 \\ \hline 2 & 0.98030 & 0.96117 & 0.94260 & \multicolumn{2}{|l|}{0.92902} & 0.92456 & 0.92013 & 0.90703 & 0.89000 & 0.87344 \\ \hline 3 & 097059 & 0.94232 & 091514 & \multicolumn{2}{|l|}{0.89544} & 0.88900 & 0.88262 & 0.86384 & 0.83962 & 0.81630 \\ \hline 4 & 0.96098 & 0.92385 & 0.88849 & \multicolumn{2}{|l|}{0.85307} & 0.85480 & 0.84663 & 0.82270 & 0.79209 & 0.76290 \\ \hline 5 & 0.95147 & 0,90573 & 0.86251 & \multicolumn{2}{|l|}{0.83+88} & 0.82193 & 0.81212 & 0.78353 & 0.74726 & 0.71299 \\ \hline 6 & 0.94205 & 0.88797 & 0.83748 & 0.80181 & & Q.79031 & 0.77901 & 0.74622 & 0.70496 & 0.06634 \\ \hline 7 & 0.93272 & 0.87056 & 0.81309 & 0.77283 & & 0.75992 & 0.74725 & 0.71068 & 0.66506 & 0.62275 \\ \hline 8 & 0.92343 & 0.85349 & 0.78941 & 0.74490 & & 0.73059 & 0.71679 & 0.67684 & 0.62741 & 0.58201 \\ \hline 9 & 0.91434 & 0.83676 & 0.76642 & 0.71797 & & 0.70259 & 0.68757 & 0.64461 & 0.59190 & 0.54393 \\ \hline 10 & 090529 & 0.82035 & 0.74409 & 0.69202 & & 0.67556 & 0.65954 & 0.61391 & 0.55839 & 0.50835 \\ \hline Present & tue of $1 & & & & & & & & & \\ \hline Periods & 1.0w & 2.0N & 3.0% & 3.25% & & 6.0% & 4.258 & 5.0% & 6.0s & 7.0% \\ \hline 11 & 0.89632 & 0.80426 & 0.72242 & 0.66701 & & 0.64958 & 0.63265 & 0.58463 & 0.52679 & 0.47509 \\ \hline 12 & 0.88745 & 0.78849 & 0.70138 & 0.64290 & & 0.52460 & 0.60685 & 0.55684 & 0.49697 & 0.44401 \\ \hline 13 & Q.76 6 & 0.77303 & 0.68095 & 0.61966 & & 0.60057 & 0.53212 & 0.53032 & 0.46834 & 0.41496 \\ \hline 14 & 0.86996 & 0.75788 & 0.65112 & 0.59726 & & 0.57748 & 0.55839 & 0.50507 & 0.44230 & 0.38782 \\ \hline 15 & 0.86135 & 0.74301 & 0.64186 & 0.57568 & & 0.55526 & 0.53562 & 0.48102 & 0.41727 & 036245 \\ \hline 16 & 0.85282 & 0.72845 & 0.62317 & 0.55487 & & 0.53391 & 0.51379 & 0.45811 & 0.39365 & 0.33873 \\ \hline 17 & 0.84438 & 0.71416 & 0.60502 & 0.53481 & & 0.51337 & 0.49284 & 0.43630 & 0.37136 & 0.31657 \\ \hline 18 & 0.83602 & 0.70016 & 0.58739 & 0.51548 & & 0.49953 & 0.47275 & 0.41552 & 0.35034 & 0.29586 \\ \hline 19 & 0.82774 & 0.68643 & 0.57029 & 0.49685 & & 0.47464 & 0.45348 & 0.39573 & 0.33051 & 0.27551 \\ \hline 20 & 0.81954 & 0.67297 & 0.55368 & 0.47389 & & 0.45639 & 0.43499 & 0.37689 & 0.31180 & 0.25842 \\ \hline 25 & 0.7nn & 0.60053 & 0.47761 & 0.39838 & & 0.37512 & 0.35326 & 0.20530 & 0.23300 & 0.18425 \\ \hline 30 & 0.74192 & 0.55207 & 0.41199 & 0.33140 & & 0.30032 & 0.28689 & 0.23138 & 0.17411 & 0.13137 \\ \hline Present & lue of \$1 & & & & & & & & & \\ \hline Perieds & a.os & 9.0K & 10.0% & 11.0s & 12.06 & 13.0% & 14.015 & 15.04 & 20.014 & 25.0s \\ \hline 1 & 0.92593 & 0.91743 & 0.90909 & 0.90090 & 0.89286 & 0.88496 & 0.87719 & 0.86957 & 0.83333 & 0.80000 \\ \hline 2 & 0.85734 & 0.84168 & 0.82645 & 0.81162 & 0.79719 & 0.78315 & 0.76947 & 0.75614 & 0.69444 & 0.64000 \\ \hline 3 & 0.79383 & 0.77218 & 0.75131 & 0.73119 & 0.71178 & 0.69305 & 0.67497 & 0.65752 & 0.57870 & 0.51200 \\ \hline 4 & 0.73503 & 0.70543 & 0.68301 & 0.65873 & 0.63552 & 0.51332 & 0.59208 & 0.57175 & 0.48225 & 0.40960 \\ \hline 5 & 0.68058 & 0.64993 & 0.62092 & 0.59345 & 0.56743 & 0.54276 & 0.51937 & 0.49718 & 0.40188 & 0.32768 \\ \hline 6 & 0.63017 & 0.59627 & 0.56447 & 0.53464 & 0.50663 & 0.48032 & 0.45559 & 0.43233 & 0.33490 & 0.26214 \\ \hline 7 & 0.58349 & 0,54703 & 0.51316 & 0.48166 & 0.45235 & 0.42506 & 0.39954 & 0.37594 & 0.27908 & 0.20972 \\ \hline 8 & 0.54027 & 0.50187 & 0.46651 & 0.43393 & 0.40385 & 0.37616 & 0.35056 & 0.32690 & 0.23257 & 0.1677 \\ \hline 9 & 0.50025 & 0.46043 & 0.42410 & 0.39092 & 0.36061 & 0.33288 & 0.30751 & 0.28426 & 0.19381 & 0.13422 \\ \hline 10 & 0.46319 & 0.42241 & 0.38554 & 0.35218 & 0.32197 & 0.29459 & 0.26974 & 0.24718 & 0.16151 & 0.1073 \\ \hline Present & ve of $1 & & & & & & & & & \\ \hline Periods & 8.0% & 9.0% & 10.0N & 11.0 & 12.0s & 13.05 & 14.05 & 15.0s & 20.015 & 28.015 \\ \hline 11 & 0.42888 & 0.38753 & 0.35049 & 0.31728 & 0.28748 & 0.26070 & 0.23662 & 0.21494 & 0.13459 & 000590 \\ \hline 12 & 0.39711 & 0.35553 & 0.31863 & 0.23584 & 0.25668 & 0.23071 & 0.20756 & 0.18691 & 0.11216 & 0.06872 \\ \hline 13 & 0.36770 & 0.32618 & 0.28966 & 0.25751 & 0.22917 & 0.20416 & 0.18207 & 0.16253 & 0.09346 & 0.05498 \\ \hline 14 & 0.34046 & 0.29925 & 0.26333 & 0.23199 & 0.20462 & 0.18068 & 0.15971 & 0.14133 & 007789 & 004398 \\ \hline 15 & 0.31524 & 0.27454 & 0.23939 & 0.20900 & 0.18270 & 0.15989 & 0.14010 & 0.12289 & 0.06491 & 0.03518 \\ \hline 16 & 0.29189 & 0.25187 & 0.21763 & 0.18829 & 0.16312 & 0.14150 & 0.12289 & 0.10685 & 0.05409 & 0.02815 \\ \hline 17 & 0.27027 & 0.23107 & 0.19784 & 0.16963 & 0.14564 & 0.12522 & 0.10780 & 0.09293 & 004507 & 0.02252 \\ \hline 18 & 0.25025 & 0.21199 & 0.17966 & 0.15282 & 0.13004 & 0.11081 & 0.09456 & 0.08081 & 0.03756 & 001801 \\ \hline 19 & 0.23171 & 0.19449 & 0.16351 & 0,13768 & 0.11611 & 0.09806 & 0.08295 & 0.07027 & 0.03130 & 0.01441 \\ \hline 20 & 0.21455 & 0.17843 & 0.14864 & 0.12403 & 0.10367 & 0.08678 & 0.07276 & 0.06110 & 0.02608 & 0.01153 \\ \hline 25 & 0.14602 & 0.11597 & 0.09230 & 0.07361 & 0.05882 & 0.04710 & 0.03779 & 0.03038 & 0.01048 & 0.00378 \\ \hline 30 & 0.09938 & 0.07537 & 0.05731 & 0.04368 & 0.03338 & 0.02557 & 0.01963 & 0.01510 & 0.00421 & 0.00124 \\ \hline \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions