Your company Loans $180,000 from aBank, interest at 5% Compounded Annually.The company agrees to pay it back bypaying 6 Equal Annual Payments, the Firstbeing due at the end of 10 Years.What is theannual payments608 APPENDIX C: COMPOUND INTEREST TABLES5%Compound Interest Factors5%Single PaymentCompoundArithmetic GradientUniform Payment SeriesPresentWorthGradientPresentWorthFind PSinkingFundCapitalRecoveryFactorFind AGiven PCompoundAmountFactorPresentGradientWorthFactorFind PAmountUniformFactorFactorSeriesFind AGiven GFactorFind FGiven PF/PFind PFind AFind FGiven FP/FGiven AGiven FA/FGiven AGiven GA/PF/AP/AA/GP/G9524907086388227.78350.9521.8592.7233.5464.3291.0501.00001.05001.0001.1021.15853783672282023102.0503.15248783172232018100.4880.9670.9073.2.6351.2164.3101.4395.1031.2765.5261.9028.237.746271071.340.147012281970172815472.3582.8053.2443,6766,8025.07611.96868.1429.54911.02712.5785.7866.4637.1081.40716.23220.97026.12731.65281.4776768104781.5511.62964466139090707959.140710.12957.7224.09910$51,700.4$50,300.3$55,800.2O $54,9981 O

In this question annual payments needs to be followed one way to solve this is first find out the…

Your company Loans $180,000 from a Bank, interest at 5% Compounded Annually. The company agrees to pay it back by paying 6 Equal Annual Payments, the First being due at the end of 10 Years.What is the annual payments 608 APPENDIX C: COMPOUND INTEREST TABLES 5% Compound Interest Factors 5% Single Payment Compound Arithmetic Gradient Uniform Payment Series Present Sinking Fund Factor Find A Given F A/F Capital Recovery Factor Find A Compound Amount Factor Gradient Gradient Present Worth Find P Given G Present Amount Factor Find F Worth Worth Uniform Factor Find P Factor Series Find F Find P Find A Given P Given F Given P A/P Given A Given A Given G F/P P/F F/A P/A A/G P/G 1.050 1.102 1.158 9524 1.0000 1.0500 1.000 2.050 3.152 0.952 1.859 2.723 3.546 5378 4878 3172 2320 0,488 0.967 1.439 1.902 0.907 2.635 5.103 9070 8638 .8227 7835 3672 2820 2310 4. 1.216 1.276 4.310 1810 5.526 4.329 8.237 2.358 2.805 3.244 1.340 7462 5.076 5.786 .1470 .1970 6.802 11.968 6 1728 .1547 .1407 1295 7107 1228 1047 8.142 9.549 11.027 1.407 16.232 20.970 26.127 31.652 1.477 1.551 .6768 6.463 7.108 7.722 8 8 .6446 0907 3,676 10 1.629 6139 0795 12.578 4.099 10 $51,700 .4 $50,300 .3 $55,800 .20 $54,998 1 0

Your company Loans $180,000 from a Bank, interest at 5% Compounded Annually. The company agrees to pay it back by paying 6 Equal Annual Payments, the First being due at the end of 10 Years.What is the annual payments 608 APPENDIX C: COMPOUND INTEREST TABLES 5% Compound Interest Factors 5% Single Payment Compound Arithmetic Gradient Uniform Payment Series Present Sinking Fund Factor Find A Given F A/F Capital Recovery Factor Find A Compound Amount Factor Gradient Gradient Present Worth Find P Given G Present Amount Factor Find F Worth Worth Uniform Factor Find P Factor Series Find F Find P Find A Given P Given F Given P A/P Given A Given A Given G F/P P/F F/A P/A A/G P/G 1.050 1.102 1.158 9524 1.0000 1.0500 1.000 2.050 3.152 0.952 1.859 2.723 3.546 5378 4878 3172 2320 0,488 0.967 1.439 1.902 0.907 2.635 5.103 9070 8638 .8227 7835 3672 2820 2310 4. 1.216 1.276 4.310 1810 5.526 4.329 8.237 2.358 2.805 3.244 1.340 7462 5.076 5.786 .1470 .1970 6.802 11.968 6 1728 .1547 .1407 1295 7107 1228 1047 8.142 9.549 11.027 1.407 16.232 20.970 26.127 31.652 1.477 1.551 .6768 6.463 7.108 7.722 8 8 .6446 0907 3,676 10 1.629 6139 0795 12.578 4.099 10 $51,700 .4 $50,300 .3 $55,800 .20 $54,998 1 0

EBK CONTEMPORARY FINANCIAL MANAGEMENT

14th Edition

ISBN:9781337514835

Author:MOYER

Publisher:MOYER

Chapter19: Lease And Intermediate-term Financing

Section: Chapter Questions

Problem 20P

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