q8

15. Loyal, Inc., rents a warehouse for 4 years with annual rental payments of $80,000 to be made at the beginning of each year. If the relevant annual interest rate is 8%, what is the present value of the rental obligations? The present value of an ordinary annuity of 1 for 4 periods at 8%=3.31213 (3 Points) $286,168 O $320,000 $250,970 $264,970 16. Which of the following tables would show the highest value for an interest rate of 3% for four periods (3 Points) Future value of a single sum of 1 Ge Present value of an ordinary annuity due of 1 Future value of an ordinary annuity of 1 Present value of an ordinary annuity of 1