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ID: 2556881 • Letter: D

Question

d Bing Yahoo Google Wikipedia Facebook Twitr Yahool gold-soulia women's swi... shophearts Job Description Clou and Saved Present and future value tables of $1 at 3% are presented below: 1.03000 0.97087 1.0000 0.97087 1.0300 1.00000 31.09273 0.91514 3.0909 2.82861 3.1836 2.91347 1.12551 0.88849 5 1.15927 0.862615.3091 4.5797 5.4684 4.71710 1.19405 10.83748 | 6.4684 | 5.41719 6.6625 5.57971 7 1.22987 0.81309 7.66256.230287.8923 6.41719 81.26677 0.78941 8.8923 7.01969 9.1591 7.23028 0.76642 10.1591 7.78611 10.4639 8.01969 10 1.34392 0.74409 11.46398.53020 11.8078 8.78611 11 1.38423 0.72242 12.8078 9.25262 13.1920 9.53020 12-42576-70138 14.1920 | 9.95400 | 14.6178 10.25262 13 1.46853 0.68095 15.6178 10.63496 16.0863 10.95400 14 1.51259 0.66112 17.0863 11.29607 17.5989 11.63496 15 1.55797 0.64186 18.5989 11.93794 19.1569 12.29607 16 1.60471 0.62317 20.1569 12.56110 20.7616 12.93794 0 8

Explanation / Answer

Answer:

Investment = $140000

Interest rate = 6%

Compounded semiannually

Present value = $140000 x PVIF (3%,12 Years)

Present value = $140000 x 0.70138 = $98193.2