(a) Click here to view factor tables. $30,000 receivable at the end of each period for 8 periods compounded at 12%. (Round factor values to 5 decimal places 1.25124 and final answer to 0 decimal places, eg. 458,581) Present value $
(a) Click here to view factor tables. $30,000 receivable at the end of each period for 8 periods compounded at 12%. (Round factor values to 5 decimal places 1.25124 and final answer to 0 decimal places, eg. 458,581) Present value $
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Transcribed Image Text:Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated
periods.
(a)
Click here to view factor tables.
$30,000 receivable at the end of each period for 8 periods compounded at 12%. (Round factor values to 5 decimal places, e.g.
1.25124 and final answer to O decimal places, eg. 458,581.)
Present value $
Show Transcribed Text
Click here to view factor tables.
$30,000 payments to be made at the end of each period for 16 periods at 9%. (Round factor values to 5 decimal places, eg. 1.25124
and final answer to 0 decimal places, eg. 458,581.)
Present value $
Show Transcribed Text
Click here to view factor tables.
$30,000 payable at the end of the seventh, eighth, ninth, and tenth periods at 12%. (Round factor values to 5 decimal places, e.g.
1.25124 and final answer to O decimal places, e.g. 458,581.)
Present value $
Show Transcribed Text
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