Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. im doing my homework for account and i dont unders

Im doing my homework for account and I dont understand the difference in the phrasing...

90.2K

Verified Solution

Question

Accounting

Im doing my homework for account and I dont understand the difference in the phrasing between quietion 1 and 2. When should I use which table.

imageAnd the data is:

imageand

image

Calculate the present value of the following amounts 1. $15,000 at the end of ten years at 6% 2. $15,000 a year at the end of the next ten years at 6% (If using present value tables, use factor amounts rounded to three decimal places, X.XXX. Round your final answers to the nearest whole dollar.) (Click the icon to view Present Value of $1 table. (Click the icon to view Present Value of Ordinary Annuity of $1 table.) I. The present value of $15,000 at the end of ten years at 6% is $ 2. The present value of $15,000 at the end of the next ten years at 6% is $ L

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students