To determine the appropriate discount factor using tables

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To determine the appropriate discount factor(s) using tables, click here to view Tables I, II, III, or IV in the appendix. Alternatively, if you calculate the discount factor(s) using a formula, round to six (6) decimal places before using the factor in the problem. (Round your answers to the nearest dollar amount.)

Required

a. The future value of $17,000 invested at 6 percent for 11 years.

b. The future value of eight annual payments of $1,400 at 7 percent interest.

c. The amount that must be deposited today (present value) at 8 percent to accumulate $35,000 in five years.

d. The annual payment on a 9-year, 8 percent, $35,000 note payable.

Reference no: EM131920944

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