the corresponding interest for 11 percent is

peroid 1 = 0.901

peroid 2 = 0.812

peroid 3 = 0.731

Question 1 JJ Industries is in the business of manufacturing large yachts. They have an agreement with one of their biggest customers that they will pay off their account of R18.5 million over the next three years, with J Industries receiving the payments according to the following schedule: End of year 1: R4,000,000 End of year 2: R6,500,000 End of year 3: R8,000,000 The business has access to a market-linked investment account, which earns them 11% a year. 1.1 Using the tables, what PVIFs would one use to calculate the present values of each of the three cash inflows? 11% 0,901 0,8124 0,7314