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Exercise 6-5 (E6-5) Computation of Present Value

Exercise 6-5 (E6-5) Computation of Present Value
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ACCOUNTING

ACC 421
Intermediate Financial Accounting I
Axia College of University of Phoenix (UoP)

Intermediate Accounting
Weygandt, Kieso, Warfield

Week Five (Week 5)

Exercise 6-5 (E6-5) (Computation of Present Value)

Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated periods.
(a) $30,000 receivable at the end of each period for 8 periods compounded at 12%.
(b) $30,000 payments to be made at the end of each period for 16 periods at 9%.
(c) $30,000 payable at the end of the seventh, eighth, ninth, and tenth periods at 12%.

 

FILE: MS WORD

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