What is the present value of nine annual cash payments, Accounting Basics

+44 141 628 6080
[email protected]

What is the present value of nine annual cash payments

a. What is the present value of nine annual cash payments of $6,000, to be paid at the end of each year using an interest rate of 4%?

b. What is the present value of $20,000 to be paid at the end of 23 years, using an interest rate of 16%?

c. How much cash must be deposited in a savings account as a single amount in order to accumulate $300,000 at the end of 12 years, assuming that the account will earn 8% interest?

d. How much cash must be deposited in a savings account (as a single amount) in order to accumulate $50,000 at the end of 12 years, assuming that the account will earn 14% interest?

View Complete Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the present value of nine annual cash payments

Reference No:- TGS0697487

Expected delivery within 24 Hours

Have a Question? (oR Write a Review)

Write atleast 100 words!!

Recent Questions Asked Accounting Basics

Q : What was the average amount of accounts receivables

A company had an accounts receivable turnover ratio of 8.0 and net sales of $336,000 for a given period. What was the average amount of accounts receivables for this period?

Q : How to use spectroscopic techniques- h nmr-ir and ms

How could you use spectroscopic techniques- H NMR, IR and MS to determine which ester is formed A or B? ester (A) ch3O-C=0-C(CH3)3 OR ester (B) ch3-C=O-OC(CH3)3

Q : Physical significance of the partial derivatives

Compute ∂C/∂T, ∂C/∂S, and ∂C/∂D when T = 10 ?, S = 35 parts per thousand, and D = 100 m. Explain the physical significance of these partial derivatives.

Q : Why the harding can borrow the funds

Several financing alternatives have been offered by Danning (FV of $1, PV of $1,FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.):

Q : What is the present value of nine annual cash payments

How much cash must be deposited in a savings account (as a single amount) in order to accumulate $50,000 at the end of 12 years, assuming that the account will earn 14% interest?

Q : What annual sales revenue is required to achieve an annual

Oro Company sells a single product at a price of $60 per unit. Materials, labor, and variable overhead costs per unit are $16, $12, and $7, respectively. Annual fixed costs are $880,000.

Q : Prepare the journal entry to record the replenishment

On March 20, Terrell's petty cash fund of $100 is replenished when the fund contains $7 in cash and receipts for postage $52, freight-out $26, and travel expense $10.

Q : How much will you ahve in year

You invest $10,000 at 8%. You want to take out $6000 in 5 years. How much will you have in 10 years?You invest $3000 in Y1 and $4000 in Y5 at 8%. How much will you ahve in year 7?

Q : Prepare a three-part consolidation worksheet

Parent Corporation acquired 75 percent of Signature Company's voting stock on January 1, 201X, at underlying book value. The fair value of the non-controlling interest was equal to 25 percent of the book value of Signature at that date.

1923890

Questions
Asked

3,689

Active Tutors

1444930

Questions
Answered

Start Excelling in your courses, Ask a tutor for help and get answers for your problems !!

ask Question

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the present value of nine annual cash payments

Reference No:- TGS0697487

Have a Question? (oR Write a Review)

Recent Questions Asked Accounting Basics

Q : What was the average amount of accounts receivables

Q : How to use spectroscopic techniques- h nmr-ir and ms

Q : Physical significance of the partial derivatives

Q : Why the harding can borrow the funds

Q : What is the present value of nine annual cash payments

Q : What annual sales revenue is required to achieve an annual

Q : Prepare the journal entry to record the replenishment

Q : How much will you ahve in year

Q : Prepare a three-part consolidation worksheet

Investigate the cause of the recent werewolf attacks

Describe marxist theory and psychology of addiction

Explain framers decisions in creating the constitution

Federal bureaucracy has to put up with a lot of red tape

What power of recognition when it comes to office president

What right ordinance power give to the president

Analyze leadership of organization during particular event

Request for Solution File

Ask an Expert for Answer!!

Accounting Basics: What is the present value of nine annual cash payments

Reference No:- TGS0697487

Recent Questions Asked Accounting Basics

Q : What was the average amount of accounts receivables

Q : How to use spectroscopic techniques- h nmr-ir and ms

Q : Physical significance of the partial derivatives

Q : Why the harding can borrow the funds

Q : What is the present value of nine annual cash payments

Q : What annual sales revenue is required to achieve an annual

Q : Prepare the journal entry to record the replenishment

Q : How much will you ahve in year

Q : Prepare a three-part consolidation worksheet

Asked Questions