Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

fhttps://ezto-cf-media.mheducation.com/Media/Connect_Production/bne/accounting/Noreen_Se/exhibit_78_1.jpg EXHIBIT 78-1 Present Value of $1: 7 1 to Periods 4% 5% 6% 7% 9% 10% 11% 12% 1 1 13% 14% 15% 16%

image text in transcribedimage text in transcribedimage text in transcribed
\fhttps://ezto-cf-media.mheducation.com/Media/Connect_Production/bne/accounting/Noreen_Se/exhibit_78_1.jpg EXHIBIT 78-1 Present Value of $1: 7 1 to Periods 4% 5% 6% 7% 9% 10% 11% 12% 1 1 13% 14% 15% 16% 17% 18% 19% 20% 21% 22% 23% 24% 25% 0.962 0.952 0.943 0935 0926 0.917 0909 0,901 0.893 0.885 0.877 0.870 0.862 0.855 0847 0.840 0833 0826 0820 0813 0.806 0.800 0.925 0.907 0.890 0.873 0.857 0.842 0.826 0.812 0797 0783 0769 0.756 0.743 0731 0718 0706 0694 0.683 0.672 0.661 0.650 0.640 0.889 0,864 0.840 0.816 0.794 0.772 0.751 0.731 0712 0.693 0.675 0.658 0.641 0.624 0.609 0593 0.579 0.564 0551 0537 0524 0512 0.855 0.823 0.792 0763 0.735 0708 0683 0.659 0.636 0.613 0.592 0.572 0.552 0534 0516 0499 0482 0.467 0.451 0437 0423 0410 0.822 0.784 0.747 0713 0.681 0.650 0.621 0.593 0.567 0.543 0.519 0.497 0476 0456 0437 0419 0402 0386 0370 0.355 0.341 0.328 6 0.790 0746 0.705 0.666 0.630 0596 0564 0535 0507 0.480 0456 0432 0.410 0.390 0.370 0352 0.335 0319 0.303 0289 0275 0262 0.760 0711 0.665 0623 0583 0547 0.513 0482 0452 0425 0400 0376 0354 0333 0314 0296 0.279 0.263 0.249 0235 0722 0 210 0731 0.677 0.627 0.582 0.540 0.502 0.467 0434 0404 0376 0.351 0327 0305 0285 0.266 0249 0233 0.218 0204 0191 0179 0168 0703 0.645 0.592 0544 0.500 0.460 0424 0.391 0.361 0.333 0.308 0.284 0.263 0243 0225 0.209 0.194 0180 0.167 0155 0144 0134 10 0676 0.614 0.558 0.508 0463 0422 0.386 0.352 0322 0.295 0.270 0247 0227 0.208 0191 0.176 0162 0149 0137 0126 0116 0.107 11 0.650 0.585 0527 0475 0429 0388 0.350 0.317 0.287 0.261 0237 0215 0195 0178 0.162 0148 0135 0123 0112 0103 0094 0.086 12 0.625 0557 0.497 0444 0397 0.356 0.319 0286 0.257 0.231 0208 0187 0168 0152 0137 0.124 0112 0102 0092 0.083 0.076 0.069 13 0.601 0530 0.469 0415 0368 0.326 0.290 0258 0.229 0204 0182 0163 0145 0130 0116 0104 0.093 0.084 0075 0.068 0061 0055 14 0.577 0505 0442 0.388 0340 0.299 0.263 0.232 0205 0181 0160 0141 0.125 0111 0.099 0088 0.078 0.069 0062 0055 0049 0.044 15 0555 0481 0.417 0362 0.315 0275 0239 0.209 0183 0160 0140 0123 0108 0095 0.084 0074 0.065 0057 0.051 0045 0040 0.035 16 0.534 0458 0394 0339 0.292 0.252 0218 0188 0163 0141 0123 0107 0093 0.081 0.071 0.062 0054 0047 0042 0036 0032 0.028 17 0513 0436 0371 0317 0270 0.231 0198 0170 0146 0125 0108 0.093 0080 0069 0.060 0052 0045 0.039 0.034 0030 0.026 0023 18 0494 0416 0350 0296 0250 0212 0180 0153 0130 0111 0.095 0:081 0069 0059 0051 0.044 0.038 0032 0.028 0024 0021 0018 19 0475 0396 0331 0277 0232 0194 0164 0138 0116 0098 0083 0970 0060 0051 0043 0037 0031 0.027 0.023 0020 0017 0014 20 0456 0377 0.312 0258 0215 0178 0149 0124 0104 0087 0073 0061 0051 0.043 0:037 0.031 0026 0022 0.019 0016 0014 0012 21 0439 0 359 0294 0242 0199 0164 0135 0112 0.093 0077 0.064 0053 0044 0037 0031 0026 0022 0018 0015 0013 001 0009 22 0422 0342 0278 0226 0184 0150 0123 0101 0.083 0.068 0956 0046 0038 0032 0026 0022 0018 0015 0013 0011 0009 0 007 23 0406 0326 0262 0211 0170 0138 0112 0.091 0074 0060 0049 0040 0.033 0027 0022 0018 0015 0012 0.010 0009 0007 0.006 24 0390 0310 0247 0197 0158 0126 0102 0082 0066 0053 0043 0035 0028 0023 0019 0015 0013 0010 0008 0097 0006 0005 25 0375 0 295 0233 0184 0146 0116 0.092 0074 0059 0047 0038 0.030 0024 0020 0,016 0013 0.010 0909 0007 0006 0005 0004 0361 0281 0.220 0172 0135 0106 0084 0065 0053 0042 0033 0026 0021 0017 0014 001 0009 0007 0906 0005 0.004 0003 26 0347 0268 0207 0161 0125 0098 0076 0060 0947 0037 0029 0023 0018 0014 0611 0009 0007/ 9006 0905 0.004 0003 01002 27 0.090 0069 0954 0042 0033 0026 0020 0015 , 0012 0010 0908 0006 0005 0004 0603 0:002 0002 28 0 333 0255-0196 0150 0116 0 321 0243 0185 0141 0107 0082 0.063 0048 0037 0029 0022 0017 0014 001 0908 0006 0905 0004 0003 0902 0002 0902 29 0308 0231 0174 0131 0:099 0075 0057 0044 0033 0026 0920 0015 0012 0009 0097 0095 8004 0803 0903 0002 0002 60m1 30 0.208 0142 0.097 0067 0046 0032 0022 0015 0011 0608 0005 0:094 0603 9002 0901 6001 6001 0000 0009 9090 0:000 0:000 40 ENG US 2023 O Search LOL C 80 acerMoates Corporation has provided the following data concerning an investment project that it is considering: Initial investment $260, 000 Annual cash flow $122, 000 per year Expected life of the project 4 years Discount rate 11% Click here to view Exhibit 7B-1 and Exhibit 7B-2, to determine the appropriate discount factor(s) using the tables provided. The net present value of the project is closest to: (Round your intermediate calculations and final answer to the nearest Multiple Choice $118,566 O $260,000 $(138.000)

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Entrepreneurship

Authors: Andrew Zacharakis, William D Bygrave

5th Edition

1119563097, 9781119563099

Students also viewed these Accounting questions