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1 2 The rate of earnings is 12%...

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Accounting

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The rate of earnings is 12% and the cash to be received in 2 years is $87,820. Determine the present value amount, using the following partial table of present value of $1 at compound interest (round to two decimal points). a. $62,527.84 b. $69,992.54 C. $72,539.32 d. $78,423.26 The expected average rate of return for a proposed investment of $736,000 in a fixed asset with a useful life of 4 years, straight-line depreciation, no residual value, and an expected total income of $311,040 for the 4 years is (round to two decimal places) a. 21.13% b. 0.42% C. 0.85% d. 10.57%

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