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Monday, January 20, 2014

Ac550

Chapter 6: E 6-4, P 6-6, P 6-10 Chapter 7: E 7-2, E 7-5, E 7-7, E 7-12, E 7-24, P 7-4 Chapter 6 E6-4 a. Whats the future survey of 20 stayic payments of 5000 apiece do at the author of from from each one one catch and compounded at 8%? N=20 i=8% 5000*FV ordinate=5000*45.76196*1.08=247115 b. What is the present value of $2,500 to be legitimate at the beginning of each of 30 periods, discounted at 10%? Present observe of annuity collect = $2,500 x 9.42691 x 1.10 Present value of AD = 25,924 c. What is the future value of 20 periodic payments of 5000 each made at the geginning of each period and compounded at 8%? Future set of Annuity Due = $ 2,000 x 31.77248 x 1.10 =69,899 d. What is the present value of 6 receipts of 3000 each received at the beginning of each period, discounted at 9% compounded interest? Present Value of Annuity Due = $3,000 x 4.48592 x 1.09 = 14,669 P 6-6 1-5 course of instruction: 39000(PVF-OA)=39000*3.60478=140586.42 6-10 age: 68000(PVF-OA)= 18000*(5.65022-3.60478)=36818 11-30 YEARS: 68000(PVF-OA)=68,000(8.05518-5.65022)=163.537 31-40 YEARS: 38000*(PVF-OA)=38000(8.24378-8.05518)=7,167 (140,586.42)+36817.92+163537.28+7166.80= 66935.58 SO STACY SHOULD ACCEPT NO LESS THAN 66936 FOR HER vinery BUSINESS. CHAPTER 7: E 7-5 1.
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