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DOUBLE DECLINING BALANCE method. Cost=$48,000, SV= $4,000, Life=4 years. Year BV

ID: 2469016 • Letter: D

Question

DOUBLE DECLINING BALANCE method. Cost=$48,000, SV= $4,000, Life=4 years.

Year

BV Beg. of Yr.

Rate

Depr. Expense

Acc. Depr.

Book Value, End of Year

1

2

3

4

Present Value Concepts-- Fill in the table with the correct values. Show your formulas.

PV of $1

PV of Annuity of $1

Periods        6.5%

Periods         6.5%

1

1

2

2

3

3

Future Value Problem
Toni invests $3,000 today in a project that earns 10% per year. How much will Toni’s investment grow to in 4 years?    Show your work.   _________________________

Present Value of a Stream of Unequal Cash Flows
Fred is looking at a project with the following cash flows:

           0

             1

             2

              3

$15,000

     $28,000

        $30,000

PV = $_________

Can you calculate the present value of this stream of unequal cash flows, using a discount rate of 6%? OK to use a present value table for this one.

Year

BV Beg. of Yr.

Rate

Depr. Expense

Acc. Depr.

Book Value, End of Year

1

2

3

4

Explanation / Answer

**Present value factor can be obtained from table

year Cash flow Present value factor@6% Present value *cash flow 1 15000 .94340 14151 2 28000 .89000 24920 3 30000 .83962 25188.6 Present value 64259.60