Name Managerial Accounting Spring 22 - BC Instructor: Thomas Stack Exam 3 - Part B (Worth 61 points) Please note: For the entire exam all solutions must contain your clearly displayed calculations to be considered for full credit. If there is no work shown, when a calculation was needed, then no credit (or points) will be given. 1. For the following situations you may round to whole dollars. a. Based on the information below please calculate the value of $123,456 to be received at the end of seven (7) years, discounted at 8%. (3 Points) Periods PV of $1 PV of an Annuity of $1 (factors at 8%) 0.58349 5.20637