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I only need help with question d Using the tables in Exhibits 263 and 264, determine the present value of the following cash flows, discounted
I only need help with question d
Using the tables in Exhibits 263 and 264, determine the present value of the following cash flows, discounted at an annual rate of 15 percent. (Round "PV factors" to 3 decimal places. Do not round intermediate calculations and round your final answers to the nearest whole dollar amount.) a. $8,900 to be received 20 years from today. b. $17,000 to be received annually for 10 years. c. $6,900 to be received annually for five years, with an additional $12,000 salvage value expected at the end of the fifth year. d. $32,000 to be received annually for the first three years, followed by $20,000 received annually for the next two years (total of five years in which cash is received). Answer is complete but not entirely correct. EXHIBIT 26-3 Present Value of $1 Payable in n Periods EXHIBIT 26-4 Present Value of a \$1 Annuity Receivable Each Period for n Periods
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