Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

TABLE 2 PRESENT VALUE OF AN ANNUITY OF $1 n 13 14 16 12345678901234567890 4% 0.961538 5% 0.952381 6% 0.943396 1.886095 1.859410 1.833393 2.775091

image text in transcribedimage text in transcribed

TABLE 2 PRESENT VALUE OF AN ANNUITY OF $1 n 13 14 16 12345678901234567890 4% 0.961538 5% 0.952381 6% 0.943396 1.886095 1.859410 1.833393 2.775091 2.723248 2.673012 7% 0.934579 1.808018 2.624316 3.629895 3.545951 3.465106 3.387211 4.451822 4.329477 4.212364 4.100197 5.242137 5.075692 4.917324 4.766540 6.002055 5.786373 5.582381 5.389289 6.732745 6.463213 6.209794 5.971299 8% 9% 10% 0.925926 0.917431 0.909091 1.783265 1.759111 1.735537 2.577097 2.531295 2.486852 3.312127 3.239720 3.169865 3.992710 3.889651 3.790787 4.622880 4.485919 4.355261 5.206370 5.032953 4.868419 5.746639 5.534819 5.334926 3.433081 12% 14% 16% 20% 0.892857 0.877193 0.862069 0.833333 1.690051 1.646661 1.605232 1.527778 2.401831 2.321632 2.245890 2.106481 3.037349 2.913712 2.798181 2.588735 3.604776 3.274294 2.990612 4.111407 3.888668 3.684736 3.325510 4.563757 4.288305 4.038565 3.604592 4.967640 4.638864 4.343591 3.837160 9 7.435332 7.107822 6.801692 6.515232 6.246888 5.995247 5.759024 5.328250 4.946372 4.606544 4.030967 8.110896 11 8.760477 7.721735 7.360087 7.023582 6.710081 6.417658 6.144567 5.650223 5.216116 4.833227 4.192472 8.306414 7.886875 7.498674 12 9.385074 8.863252 8.383844 7.942686 9.985648 9.393573 8.852683 8.357651 10.563123 9.898641 9.294984 8.745468 15 11.118387 11.652296 17 12.165669 18 12.659297 13.133939 13.590326 12.462210 11.469921 10.379658 10.837770 10.105895 9.712249 9.107914 9.446649 11.274066 10.477260 9.763223 11.689587 10.827603 12.085321 11.158116 10.059087 9.371887 10.335595 9.603599 10.594014 9.818147 7.138964 6.805191 6.495061 7.536078 7.160725 6.813692 7.903776 7.486904 7.103356 8.244237 7.786150 7.366687 8.559479 8.060688 7.606080 8.851369 8.312558 7.823709 9.121638 8.543631 8.021553 8.755625 8.201412 8.905115 9.128546 8.513564 5.937699 5.452733 6.194374 5.660292 6.423548 5.842362 6.628168 6.002072 6.810864 6.973986 6.142168 7.119630 8.364920 7.249670 7.365777 5.028644 4.327060 5.197107 4.439217 5.342334 4.532681 5.467529 4.610567 5.575456 4.675473 6.265060 5.668497 4.729561 6.372859 5.748704 4.774634 6.467420 5.817848 4.812195 7.469444 6.550369 5.877455 4.843496 6.623131 5.928841 4.869580

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

Payroll Accounting 2016

Authors: Bernard J. Bieg, Judith Toland

26th edition

978-1305665910, 1305665910, 1337072648, 978-1337072649

More Books

Students also viewed these Accounting questions