PV and FV Tables::   1. What is the present value on January 1, 2019, of $30,000 due on January 1, 2024, and discounted at 12% compounded annually? $____________   2. What is the present value on July 1, 2019, of $8,000 due January 1, 2024, and discounted at 16% compounded quarterly? $_____________   3. What is the amount of the present value discount (the difference between future value and present value) on $8,000 due at the end of 5 years at 10% compounded annually? $__________________     4. What is the future value on December 31, 2023, of a deposit of $35,000 made on January 1, 2020, assuming interest of 10% compounded annually? $____________   5. What is the future value on December 31, 2023, of a deposit of $10,000 made on January 1, 2020, assuming interest of 16% compounded quarterly? $_________________   6. What is the future value on December 31, 2023, of a deposit of $25,000 made on January 1, 2020, assuming interest of 12% compounded semiannually? $____________   7. What is the present value on January 1, 2019, of $40,000 to be received on January 1, 2022, and discounted 8% compounded annually? $___________   8. What is the present value on January 1, 2019, of 7 equal future annual receipts of $30,000 if the first receipt is received on January 1, 2020, and the interest rate is 10% compounded annually? $_____________   9. What is the present value on January 1, 2019, of $10,000 to be received on January 1, 2023, and discounted at 6% compounded quarterly? $___________________

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
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PV and FV Tables::

 

1. What is the present value on January 1, 2019, of $30,000 due on January 1, 2024, and discounted at 12% compounded annually?

$____________

 

2. What is the present value on July 1, 2019, of $8,000 due January 1, 2024, and discounted at 16% compounded quarterly?

$_____________

 

3. What is the amount of the present value discount (the difference between future value and present value) on $8,000 due at the end of 5 years at 10% compounded annually?

$__________________

 

 

4. What is the future value on December 31, 2023, of a deposit of $35,000 made on January 1, 2020, assuming interest of 10% compounded annually?

$____________

 

5. What is the future value on December 31, 2023, of a deposit of $10,000 made on January 1, 2020, assuming interest of 16% compounded quarterly?

$_________________

 

6. What is the future value on December 31, 2023, of a deposit of $25,000 made on January 1, 2020, assuming interest of 12% compounded semiannually?

$____________

 

7. What is the present value on January 1, 2019, of $40,000 to be received on January 1, 2022, and discounted 8% compounded annually?

$___________

 

8. What is the present value on January 1, 2019, of 7 equal future annual receipts of $30,000 if the first receipt is received on January 1, 2020, and the interest rate is 10% compounded annually?

$_____________

 

9. What is the present value on January 1, 2019, of $10,000 to be received on January 1, 2023, and discounted at 6% compounded quarterly?

$___________________

 

 

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