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Please help with accounting Present and future value tables of 1 at 9% are presented below. PV of $1 FV of $1 PVA of $1
Please help with accounting
Present and future value tables of 1 at 9% are presented below. PV of $1 FV of $1 PVA of $1 FVAD of $1 1.09000 1 2 3 4 5 0.91743 0.84168 0.77218 0.91743 1.75911 1.18810 1.29503 FVA of $1 1.0000 2.0900 3.2781 4.5731 5.9847 1.0900 2.2781 3.5731 4.9847 6.5233 8.2004 0.70843 2.53129 3.23972 3.88965 4.48592 1.41158 0.64993 0.59627 1.53862 1.67710 6 7.5233 Mustard's Inc. sold the rights to use one of its patented processes that will result in cash receipts of $4,300 at the end of each of the next five years and a lump sum receipt of $5,800 at the end of the fourth year. The total present value of these payments if interest is at 9% is: Present and future value tables of $1 at 3% are presented below: N 1 PV $1 0.97087 0.94260 0.91514 FV $1 1.03000 1.06090 1.09273 1.12551 1.15927 1.19405 2 PVAD $1 1.00000 1.97087 2.91347 3 FVAD $1 1.0300 2.0909 3.1836 4.3091 5.4684 4 0.88849 PVA $1 0.97087 1.91347 2.82861 3.71710 4.57971 5.41719 6.23028 7.01969 FVA $1 1.0000 2.0300 3.0909 4.1836 5.3091 6.4684 7.6625 8.8923 10.1591 11.4639 5 6 0.86261 0.83748 0.81309 0.78941 0.76642 0.74409 7 3.82861 4.71710 5.57971 6.41719 7.23028 6.6625 7.8923 9.1591 10.4639 1.22987 1.26677 1.30477 1.34392 8 9 7.78611 8.01969 10 11.8078 13.1920 11 12 8.78611 9.53020 110.25262 10.95400 1.38423 1.42576 1.46853 1.51259 1.55797 1.60471 12.8078 14.1920 15.6178 17.0863 13 0.72242 0.70138 0.68095 0.66112 0.64186 0.62317 8.53020 9.25262 9.95400 10.63496 11.29607 11.93794 12.56110 14 14.6178 16.0863 17.5989 19.1569 20.7616 11.63496 15 18.5989 20.1569 12.29607 12.93794 16 At the end of each quarter, Patti deposits $2,300 into an account that pays 12% interest compounded quarterly. How much will Patti have in the account in 3 years? Present and future value tables of 1 at 9% are presented below. PV of $1 FV of $1 PVA of $1 FVAD of $1 FVA of $1 1.0000 2.0900 1 1.0900 2 3 0.91743 0.84168 0.77218 0.70843 0.64993 0.59627 1.09000 1.18810 1.29503 1.41158 0.91743 1.75911 2.53129 3.23972 3.88965 4.48592 2.2781 3.5731 4.9847 6.5233 4 3.2781 4.5731 5.9847 5 1.53862 1.67710 6 8.2004 7.5233 How much must be deposited at the beginning of each year to accumulate to $21,000 in six years if interest is at 9%Step by Step Solution
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