Question
Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated periods. $52,480 receivable at
Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated periods.
$52,480 receivable at the end of each period for 8 periods compounded at 11%. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
Present value |
$52,480 payments to be made at the end of each period for 17 periods at 10%. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
Present value |
$52,480 payable at the end of the seventh, eighth, ninth, and tenth periods at 11%. (Round factor values to 5 decimal places, e.g. 1.25124 and final answer to 0 decimal places, e.g. 458,581.)
Present value | $enter the present value in dollars rounded to 0 decimal places |
please show work and explain
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