Question
Brief Exercise G-08 Need factor table (a) What is the present value of $26,000 due 14 periods from now, discounted at 6%? (Round answer to
Brief Exercise G-08
Need factor table
(a)What is the present value of $26,000 due 14 periods from now, discounted at 6%?(Round answer to 2 decimal places, e.g. 25.25.)
Present value
$enter a dollar amount rounded to 2 decimal places
(b)What is the present value of $26,000 to be received at the end of each of 11 periods, discounted at 8%?(Round answer to 2 decimal places, e.g. 25.25.)
Present value
$enter a dollar amount rounded to 2 decimal places
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Auditing and Assurance services an integrated approach
Authors: Alvin a. arens, Randal j. elder, Mark s. Beasley
14th Edition
133081605, 132575957, 9780133081602, 978-0132575959
