ACC 349 E6 5 Answer.1

In this work ACC 349 E6 5 Answer.1 you will find right answers on the following questions:

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%.