Question
Chapter 6, Question 34 Answer the following questions related to Windsor Inc. (For calculation purposes, use 5 decimal places as displayed in the factor table
Chapter 6, Question 34
Answer the following questions related to Windsor Inc. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Click here to view the factor table.
Please show work!! And help me correct my mistakes
Below is thee typed version (Sorry about that!)
Section 1:
What is the present value of $29,000 due 8 periods hence, discounted at 14%? (Round answer to 0 decimal places, e.g. 458,581.)
Present value | $enter the Present value in dollars |
Section 2:
What is the future value of 15 periodic payments of $29,000 each made at the end of each period and compounded at 13%? (Round answer to 0 decimal places, e.g. 458,581.)
Future value | $enter the future value in dollars |
Section 3:
What is the future value of $29,000 at the end of 5 periods at 11% compounded interest? (Round answer to 0 decimal places, e.g. 458,581.)
Future value | $ |
Section 4:
What is the present value of $29,000 to be received at the end of each of 20 periods, discounted at 8% compound interest? (Round answer to 0 decimal places, e.g. 458,581.)
Present value | $ |
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