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Fill in the tables Use present value tables to compute the present value of $660,000 to be paid in 20 years, with an interest rate
Fill in the tables Use present value tables to compute the present value of $660,000 to be paid in 20 years, with an interest rate of 8 percent. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1) (Use appropriate factor(s) from the tables provided and final answer to the nearest whole dollar amount.) Table Function: Future Value: Present Value: Use present value tables to compute the present value of 20 equal payments of $25,000, with an interest rate of 12 percent. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1) (Use appropriate factor(s) from the tables provided and final answer to the nearest whole dollar amount.) Table Function: Annuity payments i = Present Value: Use present value tables to compute the present value of 10 equal payments of $21,000, with an interest rate of 8 percent. (Future Value of $1, Present Value of $1, Future Value Annuity of $1, Present Value Annuity of $1) (Use appropriate factor(s) from the tables provided and final answer to the nearest whole dollar amount.) Table Function: Annuity payments Present Value: As a result of a slowdown in operations, Mercantile Stores is offering to employees who have been terminated a severance package of $250,000 cash; another $250,000 to be paid in one year; and an annuity of $45,000 to be paid each year for 20 years. Use present value tables to compute the present value of the package, assuming an interest rate of 10 percent. (Future Value of $1, Present Value of $1, Future Value Annuity of $1. Present Value Annuity of $1) (Use appropriate factor(s) from the tables provided and final answer to the nearest whole dollar amount.) Table values based on Cash Payment Present value of $250,000 face value Present value of $45,000 annuity Total
Fill in the tables
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