Question
For each of the following cases, indicate in the chart below the appropriate discount rate ( i ) or Rate and the appropriate number of
For each of the following cases, indicate in the chart below the appropriate discount rate (i) or Rate and the appropriate number of periods (n) or Nper to be used in present value calculations. (Round discount rates to 2 decimal places, e.g. 15.10%)
| (n) or Nper | (i) or Rate | |||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Annual Interest Rate | Number of Years | Frequency of Payment | Number of Periods | Discount Rate | ||||||||||
| 1. | 8% | 2 | Quarterly | enter a Number of Periods | enter percentages rounded to 2 decimal places % | |||||||||
| 2. | 4% | 6 | Semi-annually | enter a Number of Periods | enter percentages rounded to 2 decimal places % | |||||||||
| 3. | 5% | 4 | Annually | enter a Number of Periods | enter percentages rounded to 2 decimal places % | |||||||||
| 4. | 12% | 2 | Quarterly | enter a Number of Periods | enter percentages rounded to 2 decimal places % | |||||||||
| 5. | 10% | 6 | Semi-annually | enter a Number of Periods | enter percentages rounded to 2 decimal places % | |||||||||
| 6. | 12% | 11 | Monthly | enter a Number of Periods | enter percentages rounded to 2 decimal places % | |||||||||
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Cornerstones of Financial and Managerial Accounting
Authors: Rich, Jeff Jones, Dan Heitger, Maryanne Mowen, Don Hansen
2nd edition
978-1111879044
