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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 0.91743 1. 09000 0.91743 1. 0900 1. 0000 0. 84168 1. 18810 1. 75911 2. 2781 2.0900 0.77218 1. 29503 2. 53129 3.5731 3. 2781 0.70843 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 Mustard's Inc. sold the rights to use one of its patented processes that will result in cash receipts of $3,300 at the end of each of the next five years and a lump sum receipt of $4,800 at the end of the sixth year. The total present value of these payments if interest is at 9% is: Multiple Choice O $17.636. o $19,136. $12,836. $15,698
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