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Present and future value tables of 1 at 11% are presented below. 8 01:51:55 PV of $1 0.90090 0.81162 0.73119 0.65873 0.59345 0.53464 FV of
Present and future value tables of 1 at 11% are presented below. 8 01:51:55 PV of $1 0.90090 0.81162 0.73119 0.65873 0.59345 0.53464 FV of $1 1.11000 1.23210 1.36763 1.51807 1.68506 1.87041 PVA of $1 0.90090 1.71252 2.44371 3.10245 3.69590 4.23054 FVA of $1 1.0000 2.1100 3.3421 4.7097 6.2278 7.9129 5 1 Polo Publishers purchased a multi-color offset press with terms of $95,000 down and a noninterest-bearing note requiring payment of $80,000 at the end of each year for three years. The interest rate implicit in the purchase contract is 11%. Polo would record the asset at: Multiple Choice $290,497 $195,497. Oo oo $232,152 $175,000
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