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Home Q & A Board Other Fields Homework Help Business Accounting
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LiChan LiChan
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7 years ago
Present Value of an Annuity of 1
Periods   8%   9%   10%
6   4.6229   4.4860   4.3553
7   5.2064   5.0330   4.8685
8   5.7467   5.5349   5.3350
9   6.2469   5.9953   5.7591
10   6.7101   6.4177   6.1446

Present Value of 1
Periods   8%   9%   10%
6   0.6302   0.5963   0.5645
7   0.5835   0.5470   0.5132
8   0.5403   0.5019   0.4665
9   0.5002   0.4604   0.4241
10   0.4632   0.4224   0.3855

Project A requires an initial investment of $30,000 and will provide cash inflows of $5,420 per year for eight years. What is the project's present value factor for use with the internal rate of return method?
A) 5.3350
B) 5.5350
C) 0.5350
D) 0.1807
Textbook 
Survey of Accounting: Making Sense of Business

Survey of Accounting: Making Sense of Business


Edition: 1st
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hol23hol23
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7 years ago
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LiChan Author
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#2
7 years ago
How do you know this stuff so well, wish I was as smart
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