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Exercise A3-19 Present Values Use Present Value Tables or your calculator to complete the requirements below Krista Kellman has an opportunity to purchase a government
Exercise A3-19 Present Values Use Present Value Tables or your calculator to complete the requirements below Krista Kellman has an opportunity to purchase a government security that will pay $200,000 in 5 years. Required: Round your answers to the nearest cent, if rounding is required. 1. Calculate what Krista would pay for the security if the appropriate interest (discount) rate is 6% compounded annually 173,516.10 X 2. Calculate what Krista would pay for the security if the appropriate interest (discount) rate is 10% compounded annually. 164,865.92 X 3. Calculate what Krista would pay for the security if the appropriate interest (discount) rate is 6% compounded semiannually 148,932.15x
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