Question
Using the appropriate interest table, answer the following questions. (Each case is independent of the others). Click here to view factor tables What is the
Using the appropriate interest table, answer the following questions. (Each case is independent of the others).
Click here to view factor tables
What is the future value of24periodic payments of $4,660each made at the beginning of each period and compounded at8%?(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
The future value$
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LINK TO TEXT
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What is the present value of $2,600to be received at the beginning of each of30periods, discounted at5% compound interest?(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
The present value$
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What is the future value of16deposits of $2,160each made at the beginning of each period and compounded at10%? (Future value as of the end of the16thperiod.)(Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
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Fundamental Accounting Principles
Authors: John Wild, Ken Shaw, Barbara Chiappetta
19th Edition
0077303202, 9780077303204
