What is the present value of $39,000 due 8 periods hence, discounted at 9%? (Round answer to 0 decimal places, e.g. 458,581.) Present value $ |

Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
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https://education.wiley.com/content/Kieso_Intermediate_Accounting_17e/media/simulations/interest_rate_tables.pdf

What is the present value of $39,000 due 8 periods hence, discounted at 9%? (Round answer to O decimal places, e.g. 458,581.)
Present value
$
Transcribed Image Text:What is the present value of $39,000 due 8 periods hence, discounted at 9%? (Round answer to O decimal places, e.g. 458,581.) Present value $
Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.) (For calculation
purposes, use 5 decimal places as displayed in the factor table provided.)
Click here to view the factor table.
Transcribed Image Text:Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.) (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) Click here to view the factor table.
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