Click here to view the factor table.https://education.wiley.com/content/Kieso_Intermediate_Accounting_17e/media/simulations/interest_rate_tables.pdf Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.) (For calculationpurposes, use 5 decimal places as displayed in the factor table provided.)Click here to view the factor table.(a)Your answer is incorrect.What is the present value of $39,000 due 8 periods hence, discounted at 9%? (Round answer to 0 decimal places, e.g. 458,581.)Present value%24

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Business

Accounting

What is the present value of $39,000 due 8 periods hence, discounted at 9%?

FINANCIAL ACCOUNTING

10th Edition

ISBN:9781259964947

Author:Libby

Publisher:Libby

Chapter1: Financial Statements And Business Decisions

Section: Chapter Questions

Problem 1Q

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Question

Click here to view the factor table.

https://education.wiley.com/content/Kieso_Intermediate_Accounting_17e/media/simulations/interest_rate_tables.pdf

Using the appropriate interest table, answer each of the following questions. (Each case is independent of the others.) (For calculation
purposes, use 5 decimal places as displayed in the factor table provided.)
Click here to view the factor table.
(a)
Your answer is incorrect.
What is the present value of $39,000 due 8 periods hence, discounted at 9%? (Round answer to 0 decimal places, e.g. 458,581.)
Present value
%24

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