can you plese show the work + TABLE B.1 Present Value of 1 Rate Perieds 19% 7% 8
ID: 2485235 • Letter: C
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can you plese show the work
+
TABLE B.1 Present Value of 1 Rate Perieds 19% 7% 8% 9% 0.990 0.9804 0.9709 0.9615 0.9524 0.9434 0.9346 0.9259 0.9174 0.909 0.8929 0.8696 0.9803 09612 0.9426 .246 0.9070 0.8900 0.8734 0.8573 0.8417 0.8264 0.7972 0.7561 0.9706 0.9423 .9 08890 0.8638 0.8396 0.8163 0.7938 0.7722 0.7513 0.718 0.6575 0.9610 0.9238 0.8885 0.8548 0.8227 0.792 0.7629 0.7350 07084 0.6830 0.6355 0.5718 0.9515 0.9057 0.8626 0.8219 0.7835 0.7473 0.7130 0.6806 0.6499 0.6209 0.5674 0.4972 0.9420 0.8880 0.8375 0.7903 0.7462 0.7050 0.6663 0.6302 0.5963 0.5645 0.5066 0.4323 0.9327 0.8706 0.813 0.7599 0.7107 0.665 0.6227 0.5835 0.5470 0.5132 0.4523 0.3759 0.9235 0.8535 0.7894 0.73070.6768 0.6274 0.5820 05403 0.5019 0.4665 0.4039 0.3269 0.9143 08368 0.7664 0.70260.6446 0.5919 0.5439 0.5002 0.4604 0.424 0.3606 0.2843 0.9053 0.8203 0.7441 0.6756 0.6139 0.5584 0.5083 0.4632 0.4224 0.3855 0.3220 0.2472 0.8963 0.8043 0.7224 0.6496 0.5847 0.5268 0.475 0.4289 0.3875 0.3505 0.2875 0.2149 0.8874 0.7885 0.7014 0.6246 0.5568 0.4970 0.4440 0.397 0.3555 0.3186 0.567 0.1869 0.8787 0.7730 0.6810 0.6006 0.5303 0.4688 0.4150 0.3677 0.3262 0.2897 0.2292 0.1625 0.8700 0.7579 0. 0.5775 0.505 0.4423 0.3878 0.3405 0.2992 0.2633 0.2046 0.1413 0.8613 0.7430 0.6419 0.5553 0.4810 0.4173 0.3624 0.3152 0.2745 0.2394 0.1827 0.1229 10 12 13 14 15 16 0.8613 0.7430 0.6419 0.4810 04173 0.3624 0.3152 0.2745 0.2394 0.1827 0.1229 0.8528 0.7284 0.6232 0.5339 0.458 0.3936 0.3387 0.2919 0.2519 0.2176 0.163 0.1069 0.8444 0.7142 0.6050 0.5134 0.4363 0.3714 0.3166 0.2703 0.231 0.1978 0.1456 0.0929 0.8360 0.7002 0.5874 0.4936 0.4155 0.3503 0.29590.2502 0.2120 0.1799 0.1300 0.0808 0.8277 0.6864 0.5703 0.4746 0.3957 0.3305 0.2765 0.2317 0.1945 0.1635 0.116 0.0703 0.8195 0.6730 0.5537 0.4564 0.3769 0.3118 0.2584 0.2145 0.1784 0.1486 0.1037 0.0611 0.7798 0.6095 0.4776 0. 0.2953 0.2330 0.1842 0.1460 0.160 0.0923 0.0588 0.0304 0.7419 5 0.4120 0.3083 0.2314 0.174 0.1314 0.0994 0.0754 0.0573 0.0334 0.0151 0.7059 0.5000 0.3554 0.2534 0.1813 0.130 0.0937 0.0676 0.0490 0.0356 0.0189 0.0075 0.6717 0.4529 0.3066 0.2083 0.1420 0.0972 0.0668 0.0460 0.0318 0.022 0.0107 0.0037Explanation / Answer
Here the interest rate is compounded quareterly so it is 4%/4=1% and for 5 years and it is 5*4=20 periods
We have to see table B.2 interest rate is 1% and period is 20 and the factor is1.22
Teh future value=7900*1.22=$9639.5
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