Question
An investment will pay $21,300 at the end of the first year, $31,300 at the end of the second year, and $51,300 at the end
An investment will pay $21,300 at the end of the first year, $31,300 at the end of the second year, and $51,300 at the end of the third year. (FV of $1, PV of $1, FVA of $1, and PVA of $1) (Use the appropriate factor(s) from the tables provided.) Determine the present value of this investment using a 9% annual interest rate. (Round your answer to nearest whole dollar.)
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Intermediate Accounting principles and analysis
Authors: Terry d. Warfield, jerry j. weygandt, Donald e. kieso
2nd Edition
471737933, 978-0471737933
