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Mike Derr Company expects to earn 10% per year on an Investment that will pay $596,000 eight years from now. (PV of $1, FV of
Mike Derr Company expects to earn 10% per year on an Investment that will pay $596,000 eight years from now. (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided. Round "Table Factor" to 4 decimal places.) Compute the present value of this Investment. Future Value Table Factor F 596,000 Present Value TABLE B.2 Future Value of 1 Interest f = (1+i)" period Rate Periods 1% 2% 3% 4% 5% 6% 7% 8% 9% 10% 12% 15% 0 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0000 1.0100 1.0200 1.0300 1.0400 1.0500 1.0600 1.0700 1.0800 1.0900 1.1000 1.1200 1.1500 2 1.0201 1.0404 1.0609 1.0816 1.1025 1.1236 1.1449 1.1664 1.1881 1.2100 1.2544 1.3225 3 1.0303 1.0612 1.0927 1.1249 1.1576 1.1910 1.2250 1.2597 1.2950 1.3310 1.4049 1.5209 4 1.0406 5 1.0824 1.1255 1.1699 1.0510 1.1041 1.2155 1.2625 1.3108 1.3605 1.4116 1.4641 1.5735 1.7490 1.1593 1.2167 1.2763 1.3382 1.4026 1.4693 1.5386 1.6105 1.7623 20114 6 1.0615 1.1262 1.1941 1.2653 1.3401 1.4185 1.5007 7 1.0721 1.1487 1.2299 1.3159 1.4071 1.5036 1.6058 8 1.0829 1.1717 1.2668 1.3686 1.4775 1.5938 1.7182 9 1.0937 1.1951 1.3048 1.4233 1.5513 1.6895 1.8385 10 1.1046 1.2190 1.3439 1.4802 1.6289 1.7908 1.5869 1.6771 1.7138 1.8280 1.8509 1.9926 1.9990 2.1719 1.9672 2.1589 1.7716 1.9738 2.3131 1.9487 2.2107 2.6600 21436 2.4760 3.0590 "I 1.1157 1.2434 1.3842 1.5395 1.7103 1.8983 2.1049 2.3316 12 1.1268 1.2682 periods 13 1.1381 1.2936 1.4258 1.4685 1.6010 1.7959 2.0122 2.2522 1.6651 1.8856 2.1329 2.4098 2.5182 2.719 2.3579 2.7731 2.3674 2.5937 3.1058 2.5804 2.8531 2.8127 3.1384 3.8960 3.0658 3.4523 4.3635 3.5179 4.0456 3.4785 4.6524 5.3503 6.1528 14 1.1495 1.3195 1.5126 1.7317 1.9799 2.2609 2.5785 2.9372 3.3417 3.7975 4.8871 7.0757 15 16 17 18 19 20 1.2081 1.2202 1.4859 1.8061 2.1911 1.1610 1.3459 1.5580 1.8009 2.0789 1.1726 1.3728 1.6047 1.8730 2.1829 1.1843 1.4002 1.6528 1.9479 2.2920 1.1961 1.4282 1.7024 2.0258 2.4066 1.4568 1.7535 2.1068 2.5270 2.6533 2.3966 2.7590 3.1722 3.6425 4.1772 5.4736 8.1371 2.5404 2.9522 3.4259 3.9703 4.5950 6.1304 9.3576 2.6928 3.1588 3.7000 4.3276 5.0545 6.8660 10.7613 2.8543 3.3799 3.9960 4.7171 5.5599 7.6900 12.3755 25 1.2824 1.6406 2.0938 2.6658 3.3864 30 13478 1.8114 24273 3.2434 4.3219 35 1.4166 1.9999 2.8139 3.9461 5.5160 40 1.4899 2.2080 3.2620 4.8010 7.0400 3.0256 3.6165 3.2071 3.8697 4.2919 5.4274 6.8485 5.7435 7.6123 10.0627 7.6861 10.6766 14.7853 10.2857 14.9745 21.7245 4.3157 5.1417 6.1159 8.6128 142318 4.6610 5.6044 6.7275 8.6231 10.8347 13.2677 17.4494 20.4140 28.1024 52.7996 31.4094 45.2593 93.0510 9.6463 16.3665 17.0001 32.9190 29.9599 66.2118 133.1755 267.8635
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