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Use the table show to solve this question calculate the present value in $ of the annuity due. Analysts at sky west airlines did a
Use the table show to solve this question calculate the present value in $ of the annuity due.
Analysts at sky west airlines did a ?year projection of expenses. They calculated that the company will need ?at the beginning of each ?month period to buy fuel, oil, lube and parts for aircraft operations and maintenance. Sky west can get ?interest compounded semiannually from its bank. How much in$ ?should sky west deposit now to support the next ?years of operations ans maintenance expenses? Round your answer to the nearest cent
raw of 2 Read aloud |a| Ask Copilot TABLE 12-2 Present Value (Amount) of an Ordinary Annuity of $1 Periods 1% 15% 1 23+ 111% 2% 0.99502 0.99010 0.98522 0.98039 1.98510 1.97040 1.95588 1.94156 3% 4% 5% 0.97087 0.96154 1.91347 1.88609 2.97025 2.94099 2.91220 2.88388 2.82861 2.77509 4 3.95050 3.90197 3.85438 3.80773 3.71710 3.62990 5 4.92587 4.85343 4.78264 4.71346 4.57971 4.45182 6% 0.95238 0.94340 0.93458 0.92593 1.85941 1.83339 1.80802 1.78326 2.72325 2.67301 2.62432 2.57710 3.31213 3.54595 3.46511 3.38721 4.10020 4.32948 4.21236 7% 8% Pe 3.99271 9 5.89638 5.79548 5.69719 5.60143 5.41719 7 6.86207 6.72819 6.47199 6.59821 6.23028 10 869 7.82296 7.65168 7.48593 7.32548 7.01969 8.77906 8.56602 8.36052 8.16224 7.78611 9.73041 9.47130 9.22218 8.98259 8.53020 5.24214 5.07569 6.00205 5.78637 6.73274 7.43533 8.11090 4.91732 4.76654 4.62288 5.58238 5.38929 5.20637 6.46321 6.20979 5.97130 5.74664 7.10782 6.80169 6.51523 6.24689 7.72173 7.36009 7.02358 6.71008 11 10.67703 10.36763 10.07112 9.78685 9.25262 8.76048 12 13 23 11.61893 11.25508 10.90751 10.57534 9.95400 9.38507 12.55615 12.13374 11.73153 11.34837 10.63496 14 15 15 13.48871 13.00370 12.54338 14.41662 13.86505 13.34323 9.98565 9.39357 9.89864 12.10625 11.29607 10.56312 12.84926 11.93794 11.11839 10.37966 8.30641 7.88687 7.49867 7.13896 8.86325 8.38384 7.94269 7.53608 7.90378 8.85268 8.35765 9.29498 8.24424 8.74547 9.71225 9.10791 8.55948 16 17 15.33993 14.71787 14.13126 16.25863 15.56225 14.90765 13.57771 12.56110 11.65230 10.83777 10.10590 9.44665 13.57771 12.56110 11.65230 8.85137 15.67056 14.29187 13.16612 12.16567 11.27407 10.47726 9.76322 14.99203 9.12164 13.75351 12.65930 11.68959 10.82760 10.05909 9.37189
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