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ACCT 550 Intermediate Accounting Week 4 Homework Assignment
ACCT 550 Intermediate AccountingWeek 4 Homework Assignment E6-5 (Computation of Present Value) Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated periods. (a) $30,000 receivable at the end of each period for 8 periods compounded at 12%. This is a case of annuity because the person is receiving the amount at the end of each period. ^^w}F3_'
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