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ACCT 382 - Week 6 - Chapter 6 Homework - Question 2

ACCT 382 - Week 6 - Chapter 6 Homework - Question 2
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ACCT 382 - Week 6 - Chapter 6 Homework - Question 2

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Question 2

Determine the present value of the following single amounts (FV of $1PV of $1FVA of $1PVA of $1FVAD of $1 and PVAD of $1(Use appropriate factor(s) from the tables provided.):

 

Future Amount

i =

n =

Present Value

1.

$20,000

 

10

+/-0.1%$10,167

2.

$14,000

 

12

+/-0.1%$5,560

3.

$25,000

 

20

+/-0.1%$2,592

4.

$40,000

 

8

+/-0.1%$18,660