Question
sing the appropriate interest table, answer each of the following questions. (Each case is independent of the others.) Click here to view factor tables What
sing the appropriate interest table, answer each of the following questions. (Each case is independent of the others.)
Click here to view factor tables
What is the future value of $7,220at the end of8periods at8% compounded interest?(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
The future value$
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What is the present value of $7,220due8periods hence, discounted at6%?(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
The present value$
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What is the future value of16periodic payments of $7,220each made at the end of each period and compounded at10%?(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
The future value$
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Intermediate Accounting
Authors: J. David Spiceland, James Sepe, Lawrence A. Tomassini
4th Edition
0072994029, 9780072994025
