Future value = Present value * (1 + R)^{n}
Present value = $921,200 / [(1 + 0.08)^{4}]
Present value = $921,200 / (1.36048896)
Present value = $677,109.50
Sandhill co. should pay $677,109.50
Brief Exercise G-10 Sandhill Co. is considering an investment that will return a lump sum of...
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 $
Messi Company is considering an investment that will return a lump sum of $720,000 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 Messi Company pay for this investment to earn an 9% return? (Round answer to 2 decimal places, e.g. 25.25.) Messi Company should pay $ Click if you would like to Show Work for this question: Open Show Work
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 A-9 x Your answer is incorrect. Try again. Messi Company is considering an investment that will return a lump sum of $820,000 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 amount should Messi Company pay for this investment to earn an 7% return? (Round answer to 2 decimal places, e.g. 25.25.) Messi Company should pay Click If you would like...
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...
Messi Company is considering an investment that will return a lump sum of $880,000 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 amount should Messi Company pay for this investment to earn an 12% return? (Round answer to 2 decimal places, e.g. 25.25.) Messi Company should pay $ ??
Brief Exercise G-9 X] your answer is incorrect. Try again. Mess Company is considering an investment that will return a lump sum of $850,000 3 years from now. Click here to view the factor table (For calculation purposes, se decimal places as displayed in the factor table provided.) What amount should Messi Company pay for this investment to earn an 8% return? (Round answer to 2 decimal places, 6.9. 25.25.) Messi Company should pay, 1070755.20
Brief Exercise G-12 Pharoah Company is considering investing in an annuity contract that will return $28,600 annually at the end of each year for 19 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 Pharoah Company pay for this investment if it earns an 8% return? (Round answer to 2 decimal places, e.g. 25.25.) Pharoah Company should pay $ Click if you would like...