Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

Present Value of Ordinary Annuity of $1 Periods 1% 2% 3% Period 1 0.990 0.980 0.971 Period 2 1.970 1.942 Period 3 2.941 2.884

image text in transcribedimage text in transcribed

Present Value of Ordinary Annuity of $1 Periods 1% 2% 3% Period 1 0.990 0.980 0.971 Period 2 1.970 1.942 Period 3 2.941 2.884 1.913 2.829 Period 4 3.902 3.808 3.717 Period 5 4.853 4.713 4.580 4% 5% 8% 7% 0.962 0.952 0.943 0.935 1.885 1.859 1.833 1.808 2.775 2.723 2.673 2.624 3.630 3.546 3.465 3.387 4.452 4.329 4.212 4.100 Period 6 5.795 5.601 5.417 Period 7 6.728 6.472 6.230 Period 8 7.652 7.325 7.020 Period 9 8.566 8.162 7.786 Period 10 9.471 8.983 8.530 5.242 5.076 4.917 4.767 6.002 5.786 5.582 5.389 6.733 6.463 6.210 5.971 7.435 7.108 6.802 6.515 8.111 7.722 7.360 7.024 9.253 Period 11 10.358 9.787 8.760 8.306 7.887 7.499 Period 12 11.255 10.575 9.954 9.385 8.863 8.384 7.943 Period 13 12.134 11.348 10.635 9.986 9.394 8.853 8.358 Period 14 13.004 12.106 11.296 10.563 9.899 9.295 8.745 Period 15 13.865 12.849 11.938 11.118 10.380 9.712 9.108 8% 9% 10% 12% 14% 0.926 0.917 0.909 0.893 0.877 1.783 1.759 1.736 1.690 1.647 2.577 2.531 2487 2402 2.322 3.312 3.240 3.170 3.037 2.914 3.993 3.890 3.791 3.605 3.433 4.623 4.486 4.355 4.111 3.889 5.206 5.033 4.868 4.564 4.288 5.747 5.535 5.335 4.968 4.639 6.247 5.995 5.759 5.328 4.946 6.710 6.418 6.145 5.650 5.216 7.139 6.805 6.495 5.938 5.453 7.536 7.161 6.814 6.194 5.660 7.904 7.487 7.103 6.424 5.842 8.244 7.786 7.367 6.628 6.002 8.559 8.061 7.606 6.811 6.142 Period 16 14.718 13.578 12.561 11.652 10.838 10.106 9.447 8.851 8.313 7.824 6.974 6.265 Period 17 15.562 14.292 13.166 12.166 11.274 10.477 9.763 9.122 8.544 8.022 7.120 6.373 Period 18 16.398 14.992 13.754 12.659 11.690 10.828 10.059 9.372 8.756 8.201 7.250 6.467 Period 19 17.225 15.678 14.324 13.134 12.085 11.158 10.336 9.604 8.950 8.365 7.366 6.550 Period 20 18.046 16.351 14.877 13.590 12.462 11.470 10.594 9.818 9.129 8.514 7.469 6.623 Period 21 18.857 17.011 15.415 14.029 12.821 11.764 10.836 10.017 9.292 8.649 7.562 6.687 Period 22 19.660 17.658 15.937 14.451 13.163 12 042 11.061 10.201 9.442 8.772 7.645 6.743 Period 23 20.456 18.292 16.444 14.857 13.489 12.303 11.272 10.371 9.580 8.883 7.718 6.792 Period 24 21.243 18.914 16.936 15.247 13.799 12.550 11.469 10.529 9.707 8.985 7.784 6.835 Dosa

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Business Analysis Valuation Using Financial Statements

Authors: Paul M. Healy

5th edition

1111972303, 978-1111972301

More Books

Students also viewed these Accounting questions

Question

Why does the book devote so much space to punitive damages?

Answered: 1 week ago