Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 21, 2024

Given a present value factor of0.7629, assuming a7% discount rate, the present value of $16400payment received in4years is $3128. $12512. $21497. none of these answer

Given a present value factor of0.7629, assuming a7% discount rate, the present value of $16400payment received in4years is

$3128.

$12512.

$21497.

none of these answer choices are correct.

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access to Expert-Tailored Solutions

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

Step: 2

Step: 3

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

Managerial Accounting

Authors: John J Wild, Ken W. Shaw, Barbara Chiappetta

7th edition

1260482936, 978-1260482935

More Books

Students also viewed these Accounting questions

Question

★★★★★

What factors might contribute to political and to financial risk in a country according to the ICRG country risk rating system?

Answered: 1 week ago

Question

★★★★★

Compare the inspirational, relational, and follower-centered leadership perspectives LO1

Answered: 1 week ago

Question

★★★★★

When Sandra drives back home from work, she has to pass through two sets of traffic lights. The probability that she has to stop at the first is 0.35, while the probability that she has to stop at...

Answered: 1 week ago

Question

★★★★★

P1-47B Using the accounting equation for transaction analysis Meg Clifford opened a public relations firm called Dance Fever on August 1, 2016. The following amounts summarize her business on August...

Answered: 1 week ago

Question

★★★★★

Motorway Development corporation builds and maintains highway across the country. They have an outstanding issue of RM 100 - par - value bonds with an 8% coupon rate. The issue pays interest annually...

Answered: 1 week ago

Question

★★★★★

You are given the following information concerning three managed portfolios, the market portfolio, and the risk- free asset: Portfolio X Y z Market Risk-free R 0.170 0.130 0.060 0.070 0.005 0.380...

Answered: 1 week ago

Question

★★★★★

Dying for a Paycheck, Jeffrey Pfeffer: Pfeffer presents layoffs as a lose-lose proposition and lays out the case through data that companies don't have to resort to layoffs. Layoffs negatively impact...

Answered: 1 week ago

Question

★★★★★

A maintenance workshop wants to add a new welding station. So the welding manager asked the simulation engineer to provide him with how much space should they allocate. What measures can the...

Answered: 1 week ago

Question

★★★★★

Are social media companies culpable, complicit, or capable in relation to societal harms perpetrated on their platform - and what might Nike's Project Rewire look like for a social media company...

Answered: 1 week ago

Question

★★★★★

Free station Calculations A very accurate solution is required for the location of a holding down bolt on a compressor within a range of +/- 5mm. Three precise pins are located surrounding the bolt...

Answered: 1 week ago

Question

★★★★★

There are six M1A1 tanks awaiting repair at Ft. Hood. Assume that only one tank can be repaired at a time, and no more tanks will be accepted until they process the 6 tanks currently in the repair...

Answered: 1 week ago

Question

★★★★★

Janet has $1MM in the bank and Fred does not have anything in the bank and lives paycheck to paycheck. Each one goes to the convenience store on Friday night and purchases a scratch off lottery...

Answered: 1 week ago

Question

★★★★★

3. It is the commitment you show that is the deciding factor.

Answered: 1 week ago

Question

★★★★★

4. It is the principle of equality (according to very specific criteria of equality) that is crucial.

Answered: 1 week ago

Question

★★★★★

7. As your starting point, take a discussion you have had with a person at your workplace. Answer the following questions: Answer the following questions: What did you want to achieve? How did you...

Answered: 1 week ago

Previous Question Next Question