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A corporation makes a payment of $1 .64 million at the end of 2017 for services rendered by a large database company. With an annual
A corporation makes a payment of $1 .64 million at the end of 2017 for services rendered by a large database company. With an annual interest rate of 19%, what annual payments at the end of years 2017 through 2023 will be equivalent to $1.64 million at the end of 2017? Click the icon to view the interest and annuity table for discrete compounding when i= 19% per year. Discrete Compounding; i= 19% Single Payment Uniform Series Compound Compound Sinking Capital Amount Present Amount Present Fund Recovery Factor Worth Factor Factor Worth Factor Factor Factor To Find F To Find P To Find F To Find P To Find A To Find A Given P Given F Given A Given A Given F Given P N F/P P/F F/A P/A A/F A/P 1.1900 0.8403 1.0000 0.8403 1.0000 1.1900 1.4161 0.7062 2.1900 1.5465 0.4566 0.6466 1.6852 0.5934 3.6061 2.1399 0.2773 0.4673 2.0053 0.4987 5.2913 2.6386 0.1890 0.3790 NO) UI AWN - 2.3864 0.4190 7.2966 3.0576 0.1371 0.3271 2.8398 0.3521 9.6830 3.4098 0. 1033 0.2933 3.3793 0.2959 12.5227 3.7057 0.0799 0.2699 4.0214 0.2487 15.9020 3.9544 0.0629 0.2529 4.7854 0.2090 19.9234 4.1633 0.0502 0.2402 10 5.6947 0.1756 24.7089 4.3389 0.0405 0.2305 11 6.7767 0. 1476 30.4035 4.4865 0.0329 0.2229 12 8.0642 0. 1240 37.1802 4.6105 0.0269 0.2169 13 9.5964 0.1042 45.2445 4.7147 0.0221 0.2121 14 11.4198 0.0876 54.8409 4.8023 0.0182 0.2082
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