Brief Exercise G-10
Blossom Company earns 8% on an investment that will return
$430,000 7 years from now.
Click here to view the factor table.
(For calculation purposes, use 5 decimal places as
displayed in the factor table provided.)
What is the amount Blossom should invest now to earn this rate of
return? (Round answer to 2 decimal places, e.g.
25.25.)
Blossom Company should invest | $enter an amount to be invested in dollars rounded to 2 decimal places |
Future value | 430000 | |
X PV factor 8% | 0.58349 | =1/1.08^7 |
Blossom Company should invest | 250900.70 |
Brief Exercise G-10 Blossom Company earns 8% on an investment that will return $430,000 7 years...
Brief Exercise G-10 Lloyd Company earns 6% on an investment that will return $465,000 9 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Lloyd should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Lloyd Company should invest $
Brief Exercise G-10 Lloyd Company earns 12% on an investment that will return $453,000 9 years from now. Click here to view the factor table (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Lloyd should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Lloyd Company should invest $ LINK TO TEXT Brief Exercise G-11 Robben Company is considering investing in an annuity...
Brief Exercise G-12 Carla Vista Co. earns 10% on an investment that pays back $81,000 at the end of each of the next 10 years. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Carla Vista Co. invested to earn the 10% rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Carla Vista Co. invested $enter an amount invested in dollars rounded...
Cullumber Company earns 11% on an investment that will return $450,000 6 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What is the amount Cullumber should invest now to earn this rate of return? (Round answer to 2 decimal places, e.g. 25.25.) Cullumber Company should invest
Brief Exercise G-10 Crane Company is considering an investment that will return a lump sum of $864,800, 7 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Crane Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places, e.g. 25.25.) Lincoln Company should pay Click if you would like to Show Work for this question: Open...
Brief Exercise G-9 Lincoln Company is considering an investment that will return a lump sum of $713,100,5 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Lincoln Company pay for this investment to earn an 10% return? (Round answer to 2 decimal places, e.g. 25.25.) Lincoln Company should pay $
Brief Exercise A-9 Messi Company is considering an investment that will return a lump sum of $940,000 6 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Messi Company pay for this investment to earn an 6% return? (Round answer to 2 decimal places, e.g. 25.25.) Messi Company should pay $
Sunland Company is considering an investment that will return a lump sum of $863,000, 8 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Sunland Company pay for this investment to earn an 9% return? (Round answer to 2 decimal places, e.g. 25.25.) Lincoln Company should pay $enter the amount that should be invested rounded to 2 decimal places
Brief Exercise G-10 Sandhill Co. is considering an investment that will return a lump sum of $921,200, 4 years from now. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Sandhill Co. pay for this investment to earn an 8% return? (Round answer to 2 decimal places, e.g. 25.25.) Lincoln Company should pay Click if you would like to Show Work for this question: Open...
Brief Exercise G-11 Robben Company is considering investing in an annuity contract that will return $34,000 annually at the end of each year for 17 years. Click here to view the factor table. (For calculation purposes, use 5 decimal places as displayed in the factor table provided.) What amount should Robben Company pay for this investment if it earns an 12% return? (Round answer to 2 decimal places, e.g. 25.25.) Robben Company should pay $