Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. accounting
  3. the present value of 568,000 to be received in two

The present value of 568,000 to be received in two years, at 12% compounded annually,...

60.1K

Verified Solution

Question

Accounting

image
The present value of 568,000 to be received in two years, at 12% compounded annually, is (rounded to nearest dolar). Use the following table, if needed. Present Value of $1 at Compound interest a. 599,394 b. 180,520 c. 554,200 d. 345,19

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

Algebra
1.2K views

Find the mode of the following set of numbers: 23, 21, 25, 34, 21, 37.(A)...

Chemistry
1.2K views

What are the enzymatic regulations in breakdown of glycogen?

Psychology
1.2K views

Carl Rogers assumed the position that people are innately good. Given your experience in world events,...

Basic Math
1.2K views

Draw a scatter diagram and find r for the data shown in the table Round...

Basic Math
1.2K views

A company employs 650 people and wishes to survey a sample of its employees about...

Calculus
1.2K views

Find a in degrees 7 XX 15 Round to the nearest hundredth Ente

Accounting
1.2K views

Meyer Company was started on November 1st of the current year, by owner, Annie Meyer....

Accounting
1.2K views

Bank Reconciliation The following data were accumulated for...

Accounting
1.2K views

12-27 Variable and fixed costs. Consolidated Motors specializes in producing one specialty vehicle. It is...

Accounting
1.2K views

Tax Drill - Adjustments to Property Transactions Peyton sells an office building and...

Accounting
1.2K views

Distinguish between document flowcharts, system flowcharts, data flow diagrams, and program flowcharts. How are they...

Finance
1.2K views

Which type of chart is best to describe the economic conditions of each country?