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TABLE B.1 Present Value of 1 Rate Perieds 19% 7% 8% 9% 0.990 0.9804 0.9709 0.961

ID: 2482001 • Letter: T

Question

TABLE B.1 Present Value of 1 Rate Perieds 19% 7% 8% 9% 0.990 0.9804 0.9709 0.9615 0.9524 0.9434 0.9346 0.9259 0.9174 0.909 0.8929 0.8696 0.9803 09612 0.9426 .246 0.9070 0.8900 0.8734 0.8573 0.8417 0.8264 0.7972 0.7561 0.9706 0.9423 .9 08890 0.8638 0.8396 0.8163 0.7938 0.7722 0.7513 0.718 0.6575 0.9610 0.9238 0.8885 0.8548 0.8227 0.792 0.7629 0.7350 07084 0.6830 0.6355 0.5718 0.9515 0.9057 0.8626 0.8219 0.7835 0.7473 0.7130 0.6806 0.6499 0.6209 0.5674 0.4972 0.9420 0.8880 0.8375 0.7903 0.7462 0.7050 0.6663 0.6302 0.5963 0.5645 0.5066 0.4323 0.9327 0.8706 0.813 0.7599 0.7107 0.665 0.6227 0.5835 0.5470 0.5132 0.4523 0.3759 0.9235 0.8535 0.7894 0.73070.6768 0.6274 0.5820 05403 0.5019 0.4665 0.4039 0.3269 0.9143 08368 0.7664 0.70260.6446 0.5919 0.5439 0.5002 0.4604 0.424 0.3606 0.2843 0.9053 0.8203 0.7441 0.6756 0.6139 0.5584 0.5083 0.4632 0.4224 0.3855 0.3220 0.2472 0.8963 0.8043 0.7224 0.6496 0.5847 0.5268 0.475 0.4289 0.3875 0.3505 0.2875 0.2149 0.8874 0.7885 0.7014 0.6246 0.5568 0.4970 0.4440 0.397 0.3555 0.3186 0.567 0.1869 0.8787 0.7730 0.6810 0.6006 0.5303 0.4688 0.4150 0.3677 0.3262 0.2897 0.2292 0.1625 0.8700 0.7579 0. 0.5775 0.505 0.4423 0.3878 0.3405 0.2992 0.2633 0.2046 0.1413 0.8613 0.7430 0.6419 0.5553 0.4810 0.4173 0.3624 0.3152 0.2745 0.2394 0.1827 0.1229 10 12 13 14 15 16 0.8613 0.7430 0.6419 0.4810 04173 0.3624 0.3152 0.2745 0.2394 0.1827 0.1229 0.8528 0.7284 0.6232 0.5339 0.458 0.3936 0.3387 0.2919 0.2519 0.2176 0.163 0.1069 0.8444 0.7142 0.6050 0.5134 0.4363 0.3714 0.3166 0.2703 0.231 0.1978 0.1456 0.0929 0.8360 0.7002 0.5874 0.4936 0.4155 0.3503 0.29590.2502 0.2120 0.1799 0.1300 0.0808 0.8277 0.6864 0.5703 0.4746 0.3957 0.3305 0.2765 0.2317 0.1945 0.1635 0.116 0.0703 0.8195 0.6730 0.5537 0.4564 0.3769 0.3118 0.2584 0.2145 0.1784 0.1486 0.1037 0.0611 0.7798 0.6095 0.4776 0. 0.2953 0.2330 0.1842 0.1460 0.160 0.0923 0.0588 0.0304 0.7419 5 0.4120 0.3083 0.2314 0.174 0.1314 0.0994 0.0754 0.0573 0.0334 0.0151 0.7059 0.5000 0.3554 0.2534 0.1813 0.130 0.0937 0.0676 0.0490 0.0356 0.0189 0.0075 0.6717 0.4529 0.3066 0.2083 0.1420 0.0972 0.0668 0.0460 0.0318 0.022 0.0107 0.0037

Explanation / Answer

Amount Borrowed = Future Value PV F @ year 10

= $10000 * .8203

= $8203