What is the present value of an ordinary annuity with annual payments of $640 at 8% annual interest for 25 years?(The present value of an ordinary annuity)please review the attached. Note the 8% column is highlighted straight down in both attachments. Present Value of a $1.00 Ordinary AnnuityRate per periodPeriods 2%3%4%5%6%7%8%9%10%10.980 0.971 0.9620.952 0.943 0.935 0.926 0.917 0.9091.942 1.913 1.886 1.859 1.833 1.808 1.783 1.759 1.7362.884 2.829 2.775 2.723 2.673 2.624 2.577 2.531 2.4873.808 3.717 3.630 3.546 3.465 3.240 3.1703.890 3.79134.3.387 33124.713 4.580 4.452 4.329 4.212 4.100 39935.601 5.417 5.242 5.076 4.917 4.767 4.623 4.486 4.3555.6.472 6.230 6.002 5.786 5.582 5.389 5 206 5.033 4.8687.325 7.020 6.733 6.463 6.210 59715747 5.535 5 3357.8.6.8.162 7.786 7.435 7.108 6.802 6.515 6.247 5.995 5.759108.983 8.530 8.111 7.722 7.360 7.024 6.710 6.418 6.1459.787 9.253 8.760 8.306 7.887 7.499 7.139 6.805 6.49510.575 9.954 9.385 8.863 8.384 7.943 7,536 7.161 6.814111211.348 10.635 9986 9.394 8.853 8.358 7904 7.487 7.1037 367131412 106 1109A 10 AAR G 2009205 87A5 8244 7786PrintDone 4.713 4.580 4.452 4.329 4.212 4.100 3 993 3.890 3.7915.6015.417 5.242 5.076 4.917 4.767 4.623 4.486 4.3556.6.472 6.230 6.002 5.786 5.582 5.389 5.206 5.033 4.8687.325 7.020 6.733 6.463 6.210 5.971 5.747 5.535 5.3358.162 7.786 7.435 7.108 6.802 6.515 6.247 5.995 5.7598.6.108.983 8.5309.787 9.253 8.760 8.306 7.887 7.499 7.139 6.805 6.4958.111 7.722 7.360 7.024 6.710 6.418 6.14511121310.575 9.954 9.385 8.863 8.384 7.943 7.536 7.161 6.81411.348 10.635 9.986 9.394 8.853 8.358 7.904 7.487 7.1031412.106 11.296 10,563 9.899 9.295 8.745 8.244 7.786 7.3671512.849 11.938 11.118 10.380 9.712 9.108 8.559 8.061 7.6061613.578 12.561 11.652 10.838 10.106 9.447 8851 8.313 7.8241714.292 13.166 12.166 11.274 10.477 9.763 9 122 8 544 8.0221814.992 13.754 12.659 11.690 10 828 10.059 9.372 8 756 8.2011915.678 14.324 13.134 12.085 11.158 10336 9.604 8.950 8.3652016.351 14.877 13.590 12.462 11.470 10 594 9.818 9.129 8.5142519.523 17.413 15.622 14.094 12.783 11.654 10 675 9.823 9.0773022.306 1GA00 17 202 15 372 13 76610 A00 1 268.10.274 0 127

Generally interest and cash flows are discounted to present value and they decide whether it is…

What is the present value of an ordinary annuity with annual payments of $640 at 8% annual interest for 25 years?(The present value of an ordinary annuity) please review the attached. Note the 8% column is highlighted straight down in both attachments.

What is the present value of an ordinary annuity with annual payments of $640 at 8% annual interest for 25 years?(The present value of an ordinary annuity) please review the attached. Note the 8% column is highlighted straight down in both attachments.

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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