Answered step by step
Verified Expert Solution
Question
1 Approved Answer
Present Value of an Annuity 5% 6% OOOOS! 5.759 Periods 3 4 5 6 7 8 9 10 12 15 16 17 18 19 20
Present Value of an Annuity 5% 6% OOOOS! 5.759 Periods 3 4 5 6 7 8 9 10 12 15 16 17 18 19 20 21 22 23 24 25 60 12% 2.970 3.950 4.925 5.896 6.862 7.823 8.779 9.730 11.618 14.416 15.339 16.258 17.172 18.082 18.987 19.888 20.784 21.675 22.562 23.445 51.725 3% 2.828 3.717 4.579 5.417 6.230 7.019 7.786 8.530 9.954 11.937 12.561 13.166 13.753 14.323 14.877 15.415 15.936 16.443 16.935 17.413 27.675 2.723 3.546 4.329 5.076 5.786 6.463 7.108 7.721 8.863 10.379 10.837 11.274 11.689 12.085 12.460 12.821 13.163 13.488 13.798 14.093 18.929 Rate of interest per period in percent 8% 9% 10% 2.673 2.577 2.531 2.487 3.465 3.312 3.239 3.170 4.212 3.992 3.889 3.790 4.917 4.623 4.485 4.355 5.582 5.206 5.033 4.868 6.209 5.746 5.534 5.334 6.801 6.247 5.995 7.360 6.710 6.417 6.145 8.383 7.536 7.160 6.813 9.712 8.559 8.060 7.606 10.105 8.851 8.312 7.823 10.477 9.121 8.543 8.021 10.827 9.371 8.755 8.201 11.158 9.603 8.950 8.364 11.469 9.818 9.128 8.520 11.764 10.016 9.292 8.648 12.041 10.200 9.442 8.771 12.303 10.371 9.580 8.883 12.550 10.528 9.706 8.984 12.783 10.674 9.822 9.077 16.161 12.376 11.048 9.967 12% 2.402 3.037 3.604 4.111 4.563 4.967 5.328 5.650 6.194 6.810 6.974 7.119 7.249 7.365 7.469 7.562 7.644 7.718 7.784 7.843 8.324 15% 2.283 2.855 3.352 3.784 4.160 4.487 4.771 5.018 5.420 5.847 5.954 6.047 6.128 6.198 6.259 6.312 6.358 6.398 6.433 6.464 6.665 20% 2.106 2.588 2.990 3.325 3.604 3.837 4.031 4.193 4.439 4.675 4.729 4.774 4.812 4.843 4.869 4.891 4.909 4.924 4.937 4.947 4.999 Present Value of a Lump-Sum 9% Periods 3 4 5 6 7 8 9 10 12 15 16 17 18 19 20 21 22 23 24 25 60 12% 0.985 0.980 0.975 0.970 0.965 0.960 0.956 0.951 0.941 0.927 0.923 0.918 0.914 0.909 0.905 0.900 0.896 0.891 0.887 0.882 0.741 3% 0.915 0.888 0.862 0.838 0.813 0.789 0.766 0.744 0.701 0.641 0.623 0.605 0.587 0.570 0.553 0.537 0.522 0.507 0.492 0.478 0.169 5% 0.863 0.822 0.783 0.746 0.710 0.676 0.644 0.613 0.556 0.481 0.458 0.436 0.415 0.395 0.376 0.358 0.341 0.325 0.310 0.295 0.053 Rate of interest per period in percent 6% 8% 10% 0.840 0.793 0.772 0.751 0.792 0.735 0.708 0.683 0.747 0.680 0.649 0.621 0.705 0.631 0.596 0.564 0.665 0.583 0.547 0.513 0.627 0.540 0.501 0.466 0.592 0.500 0.460 0.424 0.558 0.463 0.422 0.385 0.497 0.397 0.356 0.318 0.417 0.315 0.274 0.239 0.393 0.291 0.251 0.217 0.371 0.270 0.231 0.197 0.350 0.250 0.212 0.179 0.330 0.231 0.194 0.163 0.311 0.214 0.178 0.148 0.294 0.198 0.163 0.135 0.277 0.183 0.150 0.122 0.261 0.170 0.137 0.111 0.247 0.157 0.126 0.101 0.233 0.146 0.116 0.092 0.030 0.009 0.005 0.003 12% 0.712 0.635 0.567 0.507 0.452 0.403 0.360 0.322 0.257 0.183 0.163 0.145 0.130 0.116 0.103 0.092 0.082 0.073 0.065 0.058 0.001 15% 0.657 0.571 0.497 0.432 0.375 0.326 0.284 0.247 0.186 0.122 0.106 0.092 0.080 0.070 0.061 0.053 0.046 0.040 0.034 0.030 0.001 20% 0.578 0.482 0.401 0.334 0.279 0.232 0.193 0.161 0.112 0.064 0.054 0.045 0.037 0.031 0.026 0.021 0.018 0.015 0.012 0.010 0.001 Future Value of a Lump-Sum Periods 3 4 5 6 asova 8 9 10 12 15 16 17 18 19 20 21 22 23 24 25 60 12% 1.015 1.020 1.025 1.030 1.035 1.040 1.045 1.051 1.061 1.077 1.083 1.088 1.093 1.099 1.104 1.110 1.116 1.121 1.127 1.132 1.348 3% 1.092 1.125 1.159 1.194 1.229 1.266 1.304 1.343 1.425 1.558 1.604 1.652 1.702 1.753 1.806 1.860 1.916 1.974 2.033 2.094 5.891 5% 1.157 1.215 1.278 1.340 1.407 1.478 1.551 1.629 1.795 2.078 2.182 2.292 2.406 2.527 2.653 2.786 2.925 3.071 3.225 3.386 18.679 Rate of interest per period in percent 6% 8% 9% 10% 12% 15% 1.191 1.259 1.295 1.331 1.404 1.520 1.263 1.360 1.411 1.464 1.573 1.749 1.338 1.469 1.538 1.610 1.762 2.011 1.418 1.586 1.677 1.771 1.973 2.313 1.503 1.713 1.828 1.948 2.210 2.660 1.594 1.851 1.992 2.144 2.476 3.059 1.689 1.999 2.171 2.357 2.773 3.517 1.790 2.159 2.367 2.594 3.105 4.045 2.012 2.518 2.812 3.138 3.896 5.350 2.396 3.172 3.642 4.177 5.473 8.137 2.540 3.425 3.970 4.595 6.130 9.357 2.692 3.700 4.327 5.054 6.866 10.761 2.854 3.996 4.717 5.559 7.690 12.375 3.025 4.315 5.141 6.115 8.612 14.231 3.207 4.661 5.604 6.727 9.646 16.366 3.399 5.033 6.108 7.400 10.803 18.821 3.603 5.436 6.658 8.140 12.100 21.644 3.819 5.871 7.257 8.954 13.552 24.891 4.048 6.341 7.911 9.849 15.178 28.625 4.291 6.848 8.623 10.834 17.000 32.919 32.987 101.257 176.031 304.482 897.597 4383.99 20% 1.728 2.073 2.488 2.986 3.583 4.299 5.159 6.191 8.916 15.407 18.488 22.186 26.623 31.948 38.337 46.005 55.206 66.247 79.496 95.396 56347.5 Future Value of an Annuity 12% 3.015 4.030 5.050 6.075 7.105 8.14 Periods 3 4 5 6 7 8 9 10 12 15 16 17 18 19 20 21 22 23 24 25 60 9.1821 10.228 12.335 15.536 16.614 17.697 18.785 19.879 20.979 22.084 23.194 24.310 25.432 26.559 69.770 3% 5% 3.090 3.152 4.183 4.310 5.309 5.525 6.468 6.801 7.662 8.142 8.892 9.549 10.159 11.026 11.464 12.580 14.192 15.917 18.599 21.578 20.156 23.657 21.761 25.840 23.414 28.150 25.116 30.539 26.870 33.065 28.676 35.719 30.536 38.505 32.452 41.430 34.426 44.502 36.459 47.727 163.053 353.584 Rate of interest per period in percent 6% 8% 9% 10% 12% 15% 3.183 3.246 3.278 3.310 3.374 3.472 4.374 4.506 4.573 4.641 4.779 4.993 5.637 5.867 5.985 6.105 6.353 6.742 6.975 7.336 7.523 7.715 8.115 8.753 8.393 8.925 9.200 9.487 10.089 11.066 9.897 10.636 11.028 11.435 12.299 13.726 11.491 12.487 13.021 13.579 14.775 16.785 13.180 14.486 15.193 15.937 17.549 20.303 16.870 18.977 20.140 21.384 24.133 29.001 23.276 27.152 29.360 31.772 37.280 47.580 25.672 30.324 33.003 35.949 42.753 55.717 28.218 33.750 36.973 40.544 48.883 65.075 30.905 37.450 41.301 45.599 55.749 75.836 33.759 41.446 46.018 51.159 63.439 88.211 36.785 45.762 51.160 57.275 72.052 102.444 39.992 50.422 56.764 64.002 81.698 118.810 43.392 55.456 62.873 71.402 92.502 137.632 46.995 60.893 69.531 79.543 104.603 159.276 50.815 66.764 76.789 88.497 118.155 184.168 54.864 73.105 84.700 98.347 133.334 212.793 533.128 1253.21 1944.793034.82 7471.64 29219.9 20% 3.640 5.368 7.441 9.929 12.915 16.499 20.798 25.958 39.580 72.035 87.442 105.931 128.117 154.740 186.688 225.026 271.031 326.237 392.484 471.981 281732 On January 1, 2029, XYZ Company leased equipmen t from Young Leasing Company. The lease terms require annual payments of $50,000 for eight years with the first payment being due on December 31, 2029. The interest rate on the lea se is 10%, and XYZ Company will amortize the leased asset usin g the double declining balance method. At January 1, 2029, t he equipment had a ten year remaining useful life and the le ase contract specifies that the ownership of the equipment w ill transfer to XYZ Company at the end of the lease term. Calculate the total amount of cash outflow rela ted to this lease that would be reported in the operating a ctivities section of XYZ Company's 2030 statement of cash flows. You will need to use the time value of money ta ble factors posted in carmen to answer this question. To ac cess these factors, click modules and then scroll to week 12. Click on the link labeled present & future value table f actors. No credit will be awarded for this question using a means other than these posted table factors to answer this
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started