Your company Loans $180,000 from a Bank, interest at 5% Compounded Annually The company agrees to pay it back by paying 6 Equal AnnualPayments, the First being due at the end of 10 Years. What is the annual payments608 APPENDIX C: COMPOUND INTEREST TABLES5%Compound Interest Factors5%Single PaymentUniform Payment SeriesArithmetic GradientCompoundPresentWorthFactorFind PSinkingFundCapitalRecoveryFactorFind ACompoundAmountFactorPresentWorthFactorFind PGradientUniformGradientAmountFactorFind FPresentFactorSeriesFind AGiven GWorthFind PGiven GP/GFind AFind FGiven PF/PGiven FGiven FA/FGiven PA/PGiven AGiven AP/FFIAP/AA/G952490708638822778351.00001.0500LO002.0503. 1524.3105.5261.2.1050L1021,15848783172232018100.9521.8592.7233.546537836720.4880.9671.4391.0020.907D26353.1.2161.276282023105.1038.2374.3295,0765.7866.46311.96816.232197017281547140712956.S028.1429.54911.02712.57823581.3401.40714771:3511629746271076768147012281047090707952.8053.2443.67620.97026.12731.6528.6.64467.1081061397.722400910

The question is based on the concept of future value calculation and repayment in form of annuity…

Your company Loans $180,000 from a Bank, interest at 5% Compounded Annually. The company agrees to pay it back by paying 6 Equal Annual Payments, the First being due at the end of 10 Years.What is the annual payments 608 APPENDIX C: COMPOUND INTEREST TABLES Compound Interest Factors 5% 5% Single Payment Uniform Payment Series Arithmetic Gradient Compound Amount Factor Find F Given A Gradient Uniform Series Find A Gradient Present Worth Factor Present Worth Factor Find P Given A PIA Sinking Fund Compound Amount Factor Capital Recovery Factor Find A Given P Present Worth Find P Given G P/G Factor Find A Find P Given F Find F Given G Given P Given F F/P P/F A/F A/P FIA A/G 1. 1.000 2.050 3.152 4310 0.952 1.859 2.723 3.546 4.329 1.0000 4878 1,0500 5378 1.050 9524 9070 8638 8227 7835 1. 0.907 2635 5.103 8.237 0488 L102 1,158 1.216 3172 2320 3672 2820 2310 0.967 1.439 1.902 4. 1:276 1810 5.526 2358 2.805 3.244 3.676 4099 5.076 L1968 6.802 8.142 9549 11.027 12.578 1470 .1970 7462 7107 6768 16.232 20970 26.127 31.652 1.340 7. 5.786 6.463 1728 A547 1407 1295 1228 1047 1477 1:351 1629 801 L0907 0795 6446 10 7.722 6139 10

Your company Loans $180,000 from a Bank, interest at 5% Compounded Annually. The company agrees to pay it back by paying 6 Equal Annual Payments, the First being due at the end of 10 Years.What is the annual payments 608 APPENDIX C: COMPOUND INTEREST TABLES Compound Interest Factors 5% 5% Single Payment Uniform Payment Series Arithmetic Gradient Compound Amount Factor Find F Given A Gradient Uniform Series Find A Gradient Present Worth Factor Present Worth Factor Find P Given A PIA Sinking Fund Compound Amount Factor Capital Recovery Factor Find A Given P Present Worth Find P Given G P/G Factor Find A Find P Given F Find F Given G Given P Given F F/P P/F A/F A/P FIA A/G 1. 1.000 2.050 3.152 4310 0.952 1.859 2.723 3.546 4.329 1.0000 4878 1,0500 5378 1.050 9524 9070 8638 8227 7835 1. 0.907 2635 5.103 8.237 0488 L102 1,158 1.216 3172 2320 3672 2820 2310 0.967 1.439 1.902 4. 1:276 1810 5.526 2358 2.805 3.244 3.676 4099 5.076 L1968 6.802 8.142 9549 11.027 12.578 1470 .1970 7462 7107 6768 16.232 20970 26.127 31.652 1.340 7. 5.786 6.463 1728 A547 1407 1295 1228 1047 1477 1:351 1629 801 L0907 0795 6446 10 7.722 6139 10

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter19: Lease And Intermediate-term Financing

Section: Chapter Questions

Problem 17P

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