Complete the following using present value. (Use the Table provided.) (Do not round intermediate calculations. Round the "Rateused" to the nearest tenth percent. Round the "PV factor" to 4 decimal places and final answer to the nearest cent.)Amountdesired atend of period6,600Lengthof time10 yearsRate2%CompoundedsemiannuallyOn PV Table 12.3Periodused120Rate used0.2 %PV factor used0.2400$PV of amountdesired atend of period1,584.08 Future value interest factor of $1 per period at i% for n periods, FVIF(i,n).Period 0.5% 1.0% 1.5% 2.0% 2.5%3.0%8.0%1.100029.5%1.09501.19901.31291.43771.2100349.0%1.09001.18811.29501.41161.53861.67711.82801.33101.46411.61055671.08001.16641.25971.36051.46931.58691.71381.85091.99902.15892.33162.51822.71961.57421.72381.88762.066981.77161.94872.14362.357991.08501.17721.27731.38591.50371.63151.77011.92062.08392.26102.45322.66172.88793.13343.39973.68871.99262.17192.36742.58047.5%1.07501.15561.24231.33551.43561.54331.65901.78351.91722.06102.21562.38182.56042.75242.95893.18083.41943.67583.95154.24794.56644.90895.27715.67296.09832.59372.26322.47822.71372.97153.25372.81273.06583.34173.64252.85313.13843.45233.79752.93723.17223.42593.70003.97034.32763.56293.90134.27194.67785.12225.60886.14164.17724.59505.05454.00234.34254.71163.99604.71715.55994.31576.11595.11205.14175.60446.10884.66105.03386.72755.54666.72517.40025.43656.01806.65867.36398.14035.87156.52967.25798.06358.95436.34127.08467.91118.82963.5% 4.0% 4.5% 5.0% 5.5% 6.0% 6.5% 7.0%1 1.0050 1.0100 1.0150 1.0200 1.0250 1.0300 1.0350 1.0400 1.0450 1.0500 1.0550 1.0600 1.0650 1.07001.0100 1.0201 1.0302 1.0404 1.0506 1.0609 1.0712 1.0816 1.0920 1.1025 1.1130 1.1236 1.1342 1.14491.0151 1.0303 1.0457 1.0612 1.0769 1.0927 1.1087 1.1249 1.1412 1.1576 1.1742 1.1910 1.2079 1.22501.0202 1.0406 1.0614 1.0824 1.1038 1.1255 1.1475 1.1699 1.1925 1.2155 1.2388 1.2625 1.2865 1.31081.0253 1.0510 1.0773 1.1041 1.1314 1.1593 1.1877 1.2167 1.2462 1.2763 1.3070 1.3382 1.3701 1.40261.0304 1.0615 1.0934 1.1262 1.1597 1.1941 1.2293 1.2653 1.30231.3401 1.3788 1.4185 1.4591 1.50071.0355 1.0721 1.1098 1.1487 1.1887 1.2299 1.2723 1.3159 1.3609 1.4071 1.4547 1.5036 1.5540 1.60581.0407 1.0829 1.1265 1.1717 1.2184 1.2668 1.3168 1.3686 1.4221 1.4775 1.5347 1.5938 1.6550 1.71821.0459 1.0937 1.1434 1.1951 1.2489 1.3048 1.3629 1.4233 1.4861 1.5513 1.6191 1.6895 1.7626 1.838510 1.0511 1.1046 1.1605 1.2190 1.2801 1.3439 1.4106 1.4802 1.5530 1.6289 1.7081 1.7908 1.8771 1.967211 1.0564 1.1157 1.1779 1.2434 1.3121 1.3842 1.4600 1.5395 1.6229 1.7103 1.8021 1.8983 1.9992 2.104912 1.0617 1.1268 1.1956 1.2682 1.3449 1.4258 1.5111 1.6010 1.6959 1.7959 1.9012 2.0122 2.1291 2.252213 1.0670 1.1381 1.2136 1.2936 1.3785 1.4685 1.5640 1.6651 1.7722 1.8856 2.0058 2.1329 2.2675 2.409814 1.0723 1.1495 1.2318 1.3195 1.4130 1.5126 1.6187 1.7317 1.8519 1.9799 2.1161 2.2609 2.4149 2.578515 1.0777 1.1610 1.2502 1.3459 1.4483 1.5580 1.6753 1.8009 1.9353 2.0789 2.2325 2.3966 2.5718 2.759016 1.0831 1.1726 1.2690 1.3728 1.4845 1.6047 1.7340 1.8730 2.0224 2.1829 2.3553 2.5404 2.7390 2.952217 1.0885 1.1843 1.2880 1.4002 1.5216 1.6528 1.7947 1.9479 2.1134 2.2920 2.4848 2.6928 2.9170 3.158818 1.0939 1.1961 1.3073 1.4282 1.5597 1.7024 1.8575 2.0258 2.2085 2.4066 2.6215 2.8543 3.1067 3.379919 1.0994 1.2081 1.3270 1.4568 1.5987 1.7535 1.9225 2.1068 2.3079 2.5270 2.7656 3.0256 3.3086 3.616520 1.1049 1.2202 1.3469 1.4859 1.6386 1.8061 1.9898 2.1911 2.4117 2.6533 2.9178 3.2071 3.5236 3.869721 1.1104 1.2324 1.3671 1.5157 1.6796 1.8603 2.0594 2.2788 2.5202 2.7860 3.0782 3.3996 3.7527 4.1406221.1160 1.2447 1.3876 1.5460 1.7216 1.9161 2.1315 2.3699 2.6337 2.9253 3.2475 3.6035 3.9966 4.430423 1.1216 1.2572 1.4084 1.5769 1.7646 1.9736 2.2061 2.4647 2.7522 3.0715 3.4262 3.8197 4.2564 4.740524 1.1272 1.2697 1.4295 1.6084 1.8087 2.0328 2.2833 2.5633 2.8760 3.2251 3.6146 4.0489 4.5331 5.072425 1.1328 1.2824 1.4509 1.6406 1.8539 2.0938 2.3632 2.6658 3.0054 3.3864 3.8134 4.2919 4.8277 5.42748.623126 1.1385 1.2953 1.4727 1.6734 1.9003 2.1566 2.4460 2.7725 3.1407 3.5557 4.0231 4.5494 5.1415 5.8074 6.55579.3992 10.586927 1.1442 1.3082 1.4948 1.7069 1.9478 2.2213 2.5316 2.8834 3.2820 3.7335 4.2444 4.8223 5.4757 6.2139 7.04749.0490 10.2451 11.592628 1.1499 1.3213 1.5172 1.7410 1.9965 2.2879 2.6202 2.9987 3.4297 3.9201 4.4778 5.1117 5.8316 6.6488 7.5759 8.6271 9.8182 11.1671 12.693929 1.1556 1.3345 1.5400 1.7758 2.0464 2.3566 2.7119 3.1187 3.5840 4.1161 4.7241 5.4184 6.2107 7.1143 8.1441 9.3173 10.6528 12.1722 13.89981.1614 1.3478 1.5631 1.8114 2.0976 2.4273 2.8068 3.2434 3.7453 4.3219 4.9840 5.7435 6.6144 7.6123 8.7550 10.0627 11.5583 13.2677 15.22031.1672 1.3613 1.5865 1.8476 2.1500 2.5001 2.9050 3.3731 3.9139 4.5380 5.2581 6.0881 7.0443 8.1451 9.4116 10.8677 12.5407 14.4618 16.66621.1730 1.3749 1.6103 1.8845 2.2038 2.5751 3.0067 3.5081 4.0900 4.7649 5.5473 6.4534 7.5022 8.7153 10.1174 11.7371 13.6067 15.7633 18.24951.1789 1.3887 1.6345 1.9222 2.2589 2.6523 3.1119 3.6484 4.2740 5.0032 5.8524 6.8406 7.9898 9.3253 10.8763 12.6760 14.7632 17.1820 19.98321.1848 1.4026 1.6590 1.9607 2.3153 2.7319 3.2209 3.7943 4.4664 5.2533 6.1742 7.2510 8.5092 9.9781 11.6920 13.6901 16.0181 18.7284 21.88161.1907 1.4166 1.68 1.9999 2.3732 2.8139 3.3336 3.9461 4.6673 5.5160 6.5138 7.6861 9.0623 10.6766 12.5689 14.7853 17.3796 20.4140 23.96041.1967 1.4308 1.7091 2.0399 2.4325 2.8983 3.4503 4.1039 4.8774 5.7918 6.8721 8.1473 9.6513 11.4239 13.5115 15.9682 18.8569 22.2512 26.23661.2027 1.4451 1.7348 2.0807 2.4933 2.9852 3.5710 4.2681 5.0969 6.0814 7.2501 8.6361 10.2786 12.2236 14.5249 17.2456 20.45971.2087 1.4595 1.7608 2.1223 2.5557 3.0748 3.6960 4.4388 5.3262 6.3855 7.6488 9.1543 10.9467 13.0793 15.6143 18.6253 22.19881.2147 1.4741 1.7872 2.1647 2.6196 3.1670 3.8254 4.6164 5.5659 6.7048 8.0695 9.7035 11.6583 13.9948 16.7853 20.1153 24.08571.2208 1.4889 1.8140 2.2080 2.6851 3.2620 3.9593 4.8010 5.8164 7.0400 8.5133 10.2857 12.4161 14.9745 18.0442 21.7245 26.13301.2269 1.5038 1.8412 2.2522 2.7522 3.3599 4.0978 4.9931 6.0781 7.3920 8.9815 10.9029 13.2231 16.0227 19.3976 23.4625 28.35431.2330 1.5188 1.8688 2.2972 2.8210 3.4607 4.2413 5.1928 6.3516 7.7616 9.4755 11.5570 14.0826 17.1443 20.8524 25.3395 30.76441.2392 1.5340 1.8969 2.3432 2.8915 3.5645 4.3897 5.4005 6.6374 8.1497 9.9967 12.2505 14.9980 18.3444 22.4163 27.36661.2454 1.5493 1.9253 2.3901 2.9638 3.6715 4.5433 5.6165 6.9361 8.5572 10.5465 12.9855 15.9729 19.6285 24.09753.03791.2516 1.5648 1.9542 2.43793.7816 4.7024 5.8412 7.2482 8.9850 11.1266 13.7646 17.0111 21.0025 25.90483.11391.2579 1.5805 1.9835 2.48663.8950 4.8669 6.0748 7.5744 9.4343 11.7385 14.5905 18.1168 22.4726 27.84773.1917 4.0119 5.0373 6.3178 7.9153 9.9060 12.3841 15.4659 19.2944 24.0457 29.93634.13233.27155.2136 6.5705 8.2715 10.4013 13.0653 16.3939 20.5485 25.7289 32.18153.35335.39614.25626.8333 8.6437 10.9213 13.7838 17.3775 21.8842 27.5299 34.59513.4371 4.3839 5.5849 7.1067 9.0326 11.4674 14.5420 18.4202 23.3067 29.4570 37.18979.849710.83476.84857.68689.66847.39648.340111.91827.988113.110014.421015.863117.449430313219.194321.11383323.225225.547728.10243435363738394041424344454630.912734.003937.404341.144845.259349.785254.763724.2538 28.729126.4367 31.458428.8160 34.446931.4094 37.719434.2363 41.302737.3175 45.226540.6761 49.523044.3370 54.227748.3273 59.379352.676746.2592 57.417650.1912 62.585268.217933.379460.240166.264172.890529.5560 36.216731.9204 39.295134.4741 42.635237.232040.210665.020480.17954771.197388.19751.2642 1.5963 2.0133 2.53631.2705 1.6122 2.0435 2.5871$1.2768 1.6283 2.0741 2.638848495077.961197.017285.3674 106.719054.45741.2832 1.6446 2.1052 2.691659.086374.357593.4773117.3909a43.427446.90168.5%10.0%

Present value (PV) is the current value of a future value or stream of future cash flows at a…

Complete the following using present value. (Use the Table provided.) (Do not round intermediate calculations. Round the "Rate used" to the nearest tenth percent. Round the "PV factor" to 4 decimal places and final answer to the nearest cent.) $ Amount desired at end of period 6,600 Length of time 10 years Rate 2% Compounded semiannually On PV Table 12.3 Period used 120 Rate used 0,2 % PV factor used 0.2400 $ PV of amount desired at end of period 1,584.08

Complete the following using present value. (Use the Table provided.) (Do not round intermediate calculations. Round the "Rate used" to the nearest tenth percent. Round the "PV factor" to 4 decimal places and final answer to the nearest cent.) $ Amount desired at end of period 6,600 Length of time 10 years Rate 2% Compounded semiannually On PV Table 12.3 Period used 120 Rate used 0,2 % PV factor used 0.2400 $ PV of amount desired at end of period 1,584.08

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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