Time Value of Money: Basics Using the equations and tables in Appendix 12A of this...

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Accounting

Time Value of Money: Basics Using the equations and tables in Appendix 12A of this chapter, determine the answers to each of the following independent situations.

Round answers to the nearest whole number (e) A proposed investment will provide cash flows of $30,000, $9,000, and $6,000 at the end of Years 1, 2, and 3, respectively. Using a discount rate of 14 percent, determine the present value of these cash flows. Year 1 $ Answer - 26310

Year 2 $ Answer

Year 3 $ Answer

(f) Find the present value of an investment that will pay $9,000 at the end of Years 10, 11, and 12. Use a discount rate of 12 percent.

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