{ "key_pair_value_system": true, "answer_rating_count": "", "question_feedback_html": { "html_star": "", "html_star_feedback": "" }, "answer_average_rating_value": "", "answer_date_js": "2024-06-28T07:08:11-04:00", "answer_date": "2024-06-28 07:08:11", "is_docs_available": null, "is_excel_available": null, "is_pdf_available": null, "count_file_available": 0, "main_page": "student_question_view", "question_id": "4260622", "url": "\/study-help\/questions\/16-calculate-the-present-value-of-an-annual-payment-of-4260622", "question_creation_date_js": "2024-06-28T07:08:11-04:00", "question_creation_date": "Jun 28, 2024 07:08 AM", "meta_title": "[Solved] 16. Calculate the present value of an ann | SolutionInn", "meta_description": "Answer of - 16. Calculate the present value of an annual payment of $3,000 per year for ten years at 8% (ordinary annuity) 17. How | SolutionInn", "meta_keywords": "16,present,value,annual,payment,$3,000,per,year,ten,years,8%,ordinary", "question_title_h1": "16. Calculate the present value of an annual payment of $3,000 per year for ten years at 8% (ordinary annuity) 17. How much will you", "question_title": "16. Calculate the present value of an annual payment of $3,000 per", "question_title_for_js_snippet": "16 Calculate the present value of an annual payment of $3,000 per year for ten years at 8 (ordinary annuity) 17 How much will you have at the end of the 6th year if you invest $5,000 annually for six years at 7 annual rate, if you start one year from today Calculate the present value for 18, 19, and 20, if the discount rate is 12 18 $45,000 today in one lump sum 19 $70,000 paid to you in seven equal payments of $10,000 at the end of each of the next seven years 20 $80,000 paid in one lump sum 7 years from now 21 Your Aunt Matilda Mae makes you the following offer $15,000 upon graduation in one year or $18,000 upon MBA graduation in 3 years Which offer should you take if current rates are 14 ", "question_description": "16. Calculate the present value of an annual payment of $3,000 per year for ten years at 8% (ordinary annuity) 17. How much will you have at the end of the 6th year if you invest $5,000 annually for six years at 7% annual rate, if you start one year from today? Calculate the present value for # 18, 19, and 20, if the discount rate is 12%. 18. $45,000 today in one lump sum. 19. $70,000 paid to you in seven equal payments of $10,000 at the end of each of the next seven years. 20. $80,000 paid in one lump sum 7 years from now. 21. Your Aunt Matilda Mae makes you the following offer: $15,000 upon graduation in one year or $18,000 upon MBA graduation in 3 years. Which offer should you take if current rates are 14%", "transcribed_text": "", "related_book": { "title": "Managerial Accounting Tools for Business Decision Making ", "isbn": "1118856996, 978-1118856994", "edition": "4th Canadian edition", "authors": "Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso, Ibrahim M. Aly", "cover_image": "https:\/\/dsd5zvtm8ll6.cloudfront.net\/si.question.images\/book_images\/1190.jpg", "uri": "\/textbooks\/managerial-accounting-tools-for-business-decision-making-4th-canadian-edition-1190", "see_more_uri": "" }, "free_related_book": { "isbn": "0190622059", "uri": "\/textbooks\/norms-in-the-wild-how-to-diagnose-measure-and-change-social-norms-1st-edition-978-0190622053-284235", "name": "Norms In The Wild How To Diagnose Measure And Change Social Norms", "edition": "1st Edition" }, "question_posted": "2024-06-28 07:08:11", "see_more_questions_link": "\/study-help\/questions\/business-marketing-2022-June-08", "step_by_step_answer": "The Answer is in the image, click to view ...", "students_also_viewed": [ { "url": "\/prepare-the-general-journal-entries-required-for-the-transactions-in", "description": "Prepare the general journal entries required for the transactions in E4-4. 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