Ab. 132. C&H Ski Club recently borrowed money and agreed to pay it back with a series of six annual payments of $5,400 each. At the sametime, C&H borrowed additional money and agreed to pay it back with a series of four annual payments of $8,100 each. The annualinterest rate for both loans is 7%. (PV of $1. FV of $1. PVA of $1, and EVA of $1)Note: Use factor(s) from the tables provided. Round answers to nearest whole dollar. Round "Table Factor" to 4 decimal places.Complete this question by entering your answers in the tabs below.Required 1 Required 2Use the correct table to find the present value of these two separate annuities.Note: Round amounts to the nearest dollar.First paymentSecond paymentThird paymentFourth paymentFifth paymentSixth paymentFirst paymentSecond paymentThird paymentFourth paymentNumber ofPeriodsNumber ofPeriodsRequired 1 Required 2AnnuityFirst AnnuitySecond Annuity1PeriodicCash Flow23456X1234XXFirst AnnuitySingle FuturePaymentInterest Rate7%7%7%7%7%7%Interest RateSecond AnnuityP (PV of anOrdinaryAnnuity)$7%7%7%7%Single FuturePayment$Complete this question by entering your answers in the tabs below.5,400 x5.400 x5,400 x5,400 x5,400 x5,400 xUse the correct table to find the present value of these two separate annuities.Note: Round amounts to the nearest dollar.X8,100 x8,100 x8,100 x8,100 x< Required 1Table FactorW Present ValueC&H Ski Club recently borrowed money and agreed to pay it back with a series of six annual payments of $5,400 each. At the sametime, C&H borrowed additional money and agreed to pay it back with a series of four annual payments of $8,100 each. The annualinterest rate for both loans is 7%. (PV of $1. FV of $1. PVA of $1, and FVA of $1)Note: Use factor(s) from the tables provided. Round answers to nearest whole dollar. Round "Table Factor" to 4 decimal places.W Present ValueMRequired 2 >-Table Factor M Present Valuem.WW.

number of periodinterest rateSingle future payment *Table factor =Present valuefirst…

C&H Ski Club recently borrowed money and agreed to pay it back with a series of six annual payments of $5,400 each. At the same time, C&H borrowed additional money and agreed to pay it back with a series of four annual payments of $8,100 each. The annual interest rate for both loans is 7%. (PV of $1. FV of $1. PVA of $1, and EVA of $1) Note: Use factor(s) from the tables provided. Round answers to nearest whole dollar. Round "Table Factor" to 4 decimal places. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the correct table to find the present value of these two separate annuities. Note: Round amounts to the nearest dollar. First payment Second payment Third payment Fourth payment Fifth payment Sixth payment First payment Second payment Third payment Fourth payment Number of Periods Number of Periods 1 2 3 4 5 6 1 2 3 4 First Annuity Interest Rate 7% 7% 7% 7% 7% 7% Second Annuity Interest Rate Single Future Payment 7% 7% 7% 7% 5,400 5,400 x 5,400 x 5,400 x 5,400x 5,400 x Single Future Payment S 8,100 x 8,100 x 8,100 x 8,100 x Table Factor W Present Value . Table Factor M Present Value

C&H Ski Club recently borrowed money and agreed to pay it back with a series of six annual payments of $5,400 each. At the same time, C&H borrowed additional money and agreed to pay it back with a series of four annual payments of $8,100 each. The annual interest rate for both loans is 7%. (PV of $1. FV of $1. PVA of $1, and EVA of $1) Note: Use factor(s) from the tables provided. Round answers to nearest whole dollar. Round "Table Factor" to 4 decimal places. Complete this question by entering your answers in the tabs below. Required 1 Required 2 Use the correct table to find the present value of these two separate annuities. Note: Round amounts to the nearest dollar. First payment Second payment Third payment Fourth payment Fifth payment Sixth payment First payment Second payment Third payment Fourth payment Number of Periods Number of Periods 1 2 3 4 5 6 1 2 3 4 First Annuity Interest Rate 7% 7% 7% 7% 7% 7% Second Annuity Interest Rate Single Future Payment 7% 7% 7% 7% 5,400 5,400 x 5,400 x 5,400 x 5,400x 5,400 x Single Future Payment S 8,100 x 8,100 x 8,100 x 8,100 x Table Factor W Present Value . Table Factor M Present Value

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter10: Property, Plant And Equipment: Acquisition And Subsequent Investments

Section: Chapter Questions

Problem 9RE: Dexter Construction Corporation is building a student condominium complex; it started construction...

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