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Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
النسخة 14الرقم المعياري الدولي: 978-1305653535Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
النسخة 14الرقم المعياري الدولي: 978-1305653535 تمرين 21
Present value of an annuity
Determine the present value of $200,000 to be received at the end of each of four years, using an interest rate of 7%, compounded annually, as follows:
A. By successive computations, using the present value of $1 table in Exhibit 5.
B. By using the present value of an annuity of $1 table in Exhibit 7.
C. Why is the present value of four $200,000 cash receipts less than the $800,000 to be received in the future?
Determine the present value of $200,000 to be received at the end of each of four years, using an interest rate of 7%, compounded annually, as follows:
A. By successive computations, using the present value of $1 table in Exhibit 5.
B. By using the present value of an annuity of $1 table in Exhibit 7.
C. Why is the present value of four $200,000 cash receipts less than the $800,000 to be received in the future?
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Present value of future cash flow:
The ...
Corporate Financial Accounting 14th Edition by Carl Warren,James Reeve,Jonathan Duchac
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