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Present and future value tables of $1 at 3% are presented below: N 1 FV $1 PV $1 1.03000 0.97087 FVA $1 1.0000 PVA
Present and future value tables of $1 at 3% are presented below: N 1 FV $1 PV $1 1.03000 0.97087 FVA $1 1.0000 PVA $1 0.97087 FVAD $1 1.0300 PVAD $1 1.00000 2 1.06090 0.94260 2.0300 1.91347 2.0909 1.97087 3 1.09273 0.91514 4 1.12551 0.88849 3.0909 2.82861 3.1836 2.91347 4.1836 3.71710 4.3091 3.82861 5 5.3091 8.53020 11.8078 4.57971 5.4684 4.71710 6.4684 5.41719 6.6625 5.57971 7.6625 6.23028 7.8923 6.41719 8.8923 7.01969 9.1591 7.23028 10.1591 7.78611 10.4639 8.01969 11.4639 12.8078 9.25262 13.1920 14.1920 9.95400 14.6178 10.25262 15.6178 10.63496 16.0863 10.95400 8.78611 9.53020 1.15927 0.86261 6 1.19405 0.83748 7 1.22987 0.81309 8 1.26677 0.78941 9 1.30477 0.76642 10 1.34392 0.74409 11 1.38423 0.72242 12 1.42576 0.70138 13 1.46853 0.68095 14 1.51259 0.66112 17.0863 11.29607 17.5989 11.63496 15 1.55797 0.64186 18.5989 11.93794 16 1.60471 0.62317 20.1569 12.56110 19.1569 12.29607 20.7616 12.93794 Ajax Company wants to sell a building to a customer for $180,000 in 6 years. If the interest rate is 6% compounded semiannually, what would Ajax accept today?
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Horngrens Accounting
Authors: Tracie L. Miller Nobles, Brenda L. Mattison, Ella Mae Matsumura
10th edition
133117413, 978-0133129519, 133129519, 978-0133129557, 133129551, 978-0133117561, 133117561, 978-0133117417
