Top Posters
Since Sunday
5
o
5
4
m
4
b
4
x
4
a
4
l
4
t
4
S
4
m
3
s
3
New Topic  
kaykay41 kaykay41
wrote...
Posts: 134
Rep: 0 0
A year ago
Dina Jones just learned that she received an inheritance from her grandmother. The inheritance provides for Dina to receive $5,000 per year at the end of the year for each of the next 5 years.  Assuming a discount rate of 10%, what is the value of this inheritance to Dina today?

Type of Cash FlowPeriodsInterest RateFactor
PV of $1510%0.6209
FV of $1510%1.6105
PV ordinary annuity510%3.7908
FV ordinary annuity510%6.1051
PV annuity due510%4.1699


▸ $30,526

▸ $20,849

▸ $18,954

▸ $15,523
Textbook 
Managerial Accounting

Managerial Accounting


Edition: 4th
Author:
Read 31 times
1 Reply
Replies
Answer verified by a subject expert
kady_kelsey2kady_kelsey2
wrote...
Posts: 151
Rep: 0 0
A year ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

kaykay41 Author
wrote...

A year ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
wrote...

Yesterday
Smart ... Thanks!
wrote...

2 hours ago
this is exactly what I needed
New Topic      
Explore
Post your homework questions and get free online help from our incredible volunteers
  1086 People Browsing
Related Images
  
 42
  
 279
  
 886
Your Opinion
Which of the following is the best resource to supplement your studies:
Votes: 249

Previous poll results: Do you believe in global warming?