Homework Help is Here – Start Your Trial Now!
Business
Accounting
Calculate the present value of the following future cash flows, rounding all calculations to the nearest dollar: 11. 12. 13. (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) $5,000received in threeyears with interest of 10% $5,000received in each of the following threeyears with interest of 10% Payments of $2,000 $3,000 and $4,000received in years 12and 3respectively, with interest of 7% 11. Calculate the present value of $5,000 received in three years with interest of 10%. (Enter any factor amounts to three decimal places, X.XXX.) Future value 5000 × X Present value factor .751 = Present value = 3755 12. Calculate the present value of $5,000 received in each of the following three years with interest of 10%. (Enter any factor amounts to three decimal places, X.XXX.) Amount of each cash inflow X Annuity present value factor 5000 × 2.487 = Present value of an annuity 12435 13. Calculate the present value for payments of $2,000, $3,000, and $4,000 received in years 1, 2 and 3, respectively, with interest of 7%. (Enter any factor amounts to three decimal places, X.XXX.) Future value Year 1 Year 2 Year 3 Total x × × × Present value factor = = Present value

Calculate the present value of the following future cash flows, rounding all calculations to the nearest dollar: 11. 12. 13. (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) $5,000received in threeyears with interest of 10% $5,000received in each of the following threeyears with interest of 10% Payments of $2,000 $3,000 and $4,000received in years 12and 3respectively, with interest of 7% 11. Calculate the present value of $5,000 received in three years with interest of 10%. (Enter any factor amounts to three decimal places, X.XXX.) Future value 5000 × X Present value factor .751 = Present value = 3755 12. Calculate the present value of $5,000 received in each of the following three years with interest of 10%. (Enter any factor amounts to three decimal places, X.XXX.) Amount of each cash inflow X Annuity present value factor 5000 × 2.487 = Present value of an annuity 12435 13. Calculate the present value for payments of $2,000, $3,000, and $4,000 received in years 1, 2 and 3, respectively, with interest of 7%. (Enter any factor amounts to three decimal places, X.XXX.) Future value Year 1 Year 2 Year 3 Total x × × × Present value factor = = Present value

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA3: Time Value Of Money
Section: Chapter Questions
Problem 11E
See similar textbooks
icon
Related questions
Question
Calculate the present value of the following future cash flows, rounding all calculations to the nearest dollar: 11. 12. 13. (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) $5,000received in threeyears with interest of 10% $5,000received in each of the following threeyears with interest of 10% Payments of $2,000 $3,000 and $4,000received in years 12and 3respectively, with interest of 7% 11. Calculate the present value of $5,000 received in three years with interest of 10%. (Enter any factor amounts to three decimal places, X.XXX.) Future value 5000 × X Present value factor .751 = Present value = 3755 12. Calculate the present value of $5,000 received in each of the following three years with interest of 10%. (Enter any factor amounts to three decimal places, X.XXX.) Amount of each cash inflow X Annuity present value factor 5000 × 2.487 = Present value of an annuity 12435 13. Calculate the present value for payments of $2,000, $3,000, and $4,000 received in years 1, 2 and 3, respectively, with interest of 7%. (Enter any factor amounts to three decimal places, X.XXX.) Future value Year 1 Year 2 Year 3 Total x × × × Present value factor = = Present value
Transcribed Image Text:Calculate the present value of the following future cash flows, rounding all calculations to the nearest dollar: 11. 12. 13. (Click the icon to view Present Value of $1 table.) (Click the icon to view Present Value of Ordinary Annuity of $1 table.) $5,000received in threeyears with interest of 10% $5,000received in each of the following threeyears with interest of 10% Payments of $2,000 $3,000 and $4,000received in years 12and 3respectively, with interest of 7% 11. Calculate the present value of $5,000 received in three years with interest of 10%. (Enter any factor amounts to three decimal places, X.XXX.) Future value 5000 × X Present value factor .751 = Present value = 3755 12. Calculate the present value of $5,000 received in each of the following three years with interest of 10%. (Enter any factor amounts to three decimal places, X.XXX.) Amount of each cash inflow X Annuity present value factor 5000 × 2.487 = Present value of an annuity 12435 13. Calculate the present value for payments of $2,000, $3,000, and $4,000 received in years 1, 2 and 3, respectively, with interest of 7%. (Enter any factor amounts to three decimal places, X.XXX.) Future value Year 1 Year 2 Year 3 Total x × × × Present value factor = = Present value
Expert Solution
steps

Step by step

Solved in 2 steps

SEE SOLUTIONCheck out a sample Q&A here
Blurred answer
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
Accounting
ISBN:
9781337690881
Author:
Jay Rich, Jeff Jones
Publisher:
Cengage Learning
EBK CONTEMPORARY FINANCIAL MANAGEMENT
EBK CONTEMPORARY FINANCIAL MANAGEMENT
Finance
ISBN:
9781337514835
Author:
MOYER
Publisher:
CENGAGE LEARNING - CONSIGNMENT
Financial Management: Theory & Practice
Financial Management: Theory & Practice
Finance
ISBN:
9781337909730
Author:
Brigham
Publisher:
Cengage
SEE MORE TEXTBOOKS