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Present and future value tables of $1 at 9% are presented below. 1 2 3 PV of $1 FV of $1 PVA of $1 FVAD
Present and future value tables of $1 at 9% are presented below. 1 2 3 PV of $1 FV of $1 PVA of $1 FVAD of $1 FVA of $1 $1 1 0.91743 1.09000 0.91743 1.0980 1.000 0.84168 1.18810 1.75911 2.2781 2.09ee 0.77218 1.29503 2.53129 3.5731 3.2781 0.78843 1.41158 3.23972 4.9847 4.5731 0.64993 1.53862 3.88965 6.5233 5.9847 0.59627 1.67710 4.48592 8.2004 7.5233 4 5 6 Claudine Corporation will deposit $6,600 into a money market sinking fund at the end of each year for the next five years. How much will accumulate by the end of the fifth and final payment of the sinking fund earns 9% Interese Multiple Choice c $43.054 O O $35,376 O . 339,499 O 335.970 O Davenport Inc. offers a new employee a single-sum signing bonus at the date of employment Alternatively, the employee can receive $38,000 at the date of employment and another $58,000 3 years later. Assuming the employee's time value of money is 6% annually, what single sum at the employment date would make her indifferent between the two options? (FV of $1. PV of $1. PVA of $1. PVA of $1. FVAD of $1 and PVAD of $(Use appropriate factors) from the tables provided) Multiple Choice $1,000 $80.031 $66.690 $96.000 Present and future value tables of 1 at 11% are presented below. 1.71252 PV of $1FV of $1 PVA of $1FVA of $1 0.90090 1.11880 0.9ee9e 1.0AB0 0.81162 1.23210 2.1180 38.73119 1.36763 2.44371 42.65873 1.51807 3.10245 50.59345 1.68505 3.69596 6.2278 60.53464 1.87041 4.23054 7.9129 3.3421 4.7097 Polo Publishers purchased a mulu-color offset press with terms of $65,000 to be paid at the date of purchase, and a noninterest-bearing note requiring payment of $50,000 at the end of each year for two years. The interest rate Implicit in the purchase contract is 11% Polo would record the asset at Multiple Choice 5150626 51134 385.526 5115,000
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