Present value For the case shown in the following table, calculate the present value of the cash flow, discounting at the rate given and assuming that the cash flow is received at the end of the period noted. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) The present value is $ Single cash flow $101,000 (Round to the nearest cent.) Discount rate 12% End of period (years) 22

Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
ChapterA3: Time Value Of Money
Section: Chapter Questions
Problem 11E
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Present value For the case shown in the following table, calculate the present value of the cash flow, discounting at the rate given and assuming that the cash flow
is received at the end of the period noted. (Click on the icon here
in order to copy the contents of the data table below into a spreadsheet.)
The present value is $
Single cash flow
$101,000
(Round to the nearest cent.)
Discount rate
12%
End of period (years)
22
Transcribed Image Text:Present value For the case shown in the following table, calculate the present value of the cash flow, discounting at the rate given and assuming that the cash flow is received at the end of the period noted. (Click on the icon here in order to copy the contents of the data table below into a spreadsheet.) The present value is $ Single cash flow $101,000 (Round to the nearest cent.) Discount rate 12% End of period (years) 22
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