How much would you invest today in order to receive $30,000 in each of the following independent scenarios: 10 years at 9% 8 years at 12% 14 years at 15% 24 years at 10% Use the appropriate EXCEL spreadsheet in the Chapter11 TVOM Examples.xlsx  downloadto complete the following table:   Present Value (PV) Rate Time (Years) Future Value (FV) A   9% 10 $30,000.00 B   12% 8 $30,000.00 C   15% 14 $30,000.00 D   10% 24 $30,000.00 PLEASE NOTE: All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67). Use the present value of $1 table in the Appendix B PV FV Tables  downloadand verify that your answers above are correct:   Future Value (FV) Rate Time (Years) FV Factor (from Table) Present Value (PV) A $30,000.00 9% 10     B $30,000.00 12% 8     C $30,000.00 15% 14     D $30,000.00 10% 24     PLEASE NOTE: All PV Factors will be rounded to three decimal places (i.e. 1.234). All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
Publisher:OpenStax
Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 11EA: How much would you invest today in order to receive $30,000 in each of the following (for further...
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How much would you invest today in order to receive $30,000 in each of the following independent scenarios:

  1. 10 years at 9%
  2. 8 years at 12%
  3. 14 years at 15%
  4. 24 years at 10%

Use the appropriate EXCEL spreadsheet in the Chapter11 TVOM Examples.xlsx  downloadto complete the following table:

  Present Value (PV) Rate Time (Years) Future Value (FV)
A   9% 10 $30,000.00
B   12% 8 $30,000.00
C   15% 14 $30,000.00
D   10% 24 $30,000.00

PLEASE NOTE: All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).

Use the present value of $1 table in the Appendix B PV FV Tables  downloadand verify that your answers above are correct:

  Future Value (FV) Rate Time (Years) FV Factor (from Table) Present Value (PV)
A $30,000.00 9% 10    
B $30,000.00 12% 8    
C $30,000.00 15% 14    
D $30,000.00 10% 24    

PLEASE NOTE: All PV Factors will be rounded to three decimal places (i.e. 1.234). All dollar amounts will be with "$" and commas as needed and rounded to two decimal places (i.e. $12,345.67).

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