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Home / Answered Questions / Other / pv-table-2-present-value-of-1-1-1-1-wi-1-0-1-0-99010-2-0-98030-3-0-97059-4-0-96098-5-0-95147-1-5-2-0-aw899

(Solved): PV = TABLE 2 Present Value Of $1 $1 (1+1)" Wi 1.0% 1 0.99010 2 0.98030 3 0.97059 4 0.96098 5 0.95147...


PV = TABLE 2 Present Value of $1 $1 (1+1) wi 1.0% 1 0.99010 2 0.98030 3 0.97059 4 0.96098 5 0.95147 1.5% 2.0% 2.5% 3.0% 3.5%TABLE 4 Present Value of an ordinary Annuity of $1 1- +17 PVA== wi 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.0% 7.0Lincoln Company purchased merchandise from Grandville Corp. on September 30, 2021. Payment was made in the form of a noninter

PV = TABLE 2 Present Value of $1 $1 (1+1)" wi 1.0% 1 0.99010 2 0.98030 3 0.97059 4 0.96098 5 0.95147 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 0.98522 0.98039 0.97561 0.97087 0.96618 0.96154 0.97066 0.96117 0.95181 0.94260 0.93351 0.92456 0.95632 0.94232 0.92860 0.91514 0.90194 0.88900 0.94218 0.92385 0.90595 0.88849 0.87144 0.85480 0.92826 0.90573 0.88385 0.86261 0.84197 0.82193 4.5% 5.0% 5.5% 6.0% 7.0% 0.95694 0.95238 0.94787 0.94340 0.93458 0.91573 0.90703 0.89845 0.89000 0.87344 0.87630 0.86384 0.85161 0.83962 0.81630 0.83856 0.82270 0.80722 0.79209 0.76290 0.80245 0.78353 0.76513 0.74726 0.71299 8.0% 0.0% 0.0% 11.0% 12.0% 20.0% 0.92593 0.91743 0.90909 0.90090 0.89286 0.83333 0.85734 0.84168 0.82645 0.81162 0.79719 0.69444 0.79383 0.77218 0.75131 0.73119 0.71178 0.57870 0.73503 0.70843 0.68301 0.65873 0.63552 0.48225 0.68058 0.64993 0.62092 0.59345 0.56743 0.40188 6 0.94205 0.91454 0.88797 0.86230 0.83748 0.81350 0.79031 0.76790 0.74622 0.72525 0.70496 0.66634 0.63017 0.59627 0.56447 0.53464 0.50663 0.33490 7 0.93272 0.90103 0.87056 0.84127 0.81309 0.78599 0.75992 0.73483 0.71068 0.68744 0.66506 0.62275 0.58349 0.54703 0.51316 0.48166 0.45235 0.27908 8 0.92348 0.88771 0.85349 0.82075 0.78941 0.75941 0.73069 0.70319 0.67684 0.65160 0.62741 0.58201 0.54027 0.50187 0.46651 0.43393 0.40388 0.23257 9 0.91434 0.87459 0.83676 0.80073 0.76642 0.73373 0.70259 0.67290 0.64461 0.61763 0.59190 0.54393 0.50025 0.46043 0.42410 0.39092 0.36061 0.19381 10 0.90529 0.86167 0.82035 0.78120 0.74409 0.70892 0.67556 0.64393 0.61391 0.58543 0.55839 0.50835 0.46319 0.42241 0.38554 0.35218 0.32197 0.16151 11 0.89632 0.84893 0.80426 0.76214 0.72242 12 0.88745 0.83639 0.78849 0.74356 0.70138 13 0.87866 0.82403 0.77303 0.72542 0.68095 14 0.86996 0.81185 0.75788 0.70773 0.66112 15 0.86135 0.79985 0.74301 0.69047 0.64186 0.68495 0.66178 0.63940 0.61778 0.59689 0.64958 0.62460 0.60057 0.57748 0.55526 0.61620 0.58468 0.55491 0.52679 0.47509 0.42888 0.38753 0.35049 0.31728 0.28748 0.13459 0.58966 0.55684 0.52598 0.49697 .44401 0.39711 0.35553 0.31863 0.28584 0.25668 0.11216 0.56427 0.53032 0.49856 0.46884 0.41496 0.36770 0.32618 0.28966 0.25751 0.22917 0.09346 0.53997 0.50507 0.47257 0.44230 0.38782 0.34046 0.29925 0.26333 0.23199 0.20462 0.07789 0.51672 0.48102 0.44793 0.41727 0.36245 0.31524 0.27454 0.23939 0.20900 0.18270 0.06491 16 17 18 19 20 0.85282 0.78803 0.72845 0.67362 0.62317 0.57671 0.53391 0.494470.45811 0.42458 0.39365 0.33873 0.84438 0.77639 0.71416 0.65720 0.60502 0.55720 0.51337 0.47318 0.43630 0.40245 0.37136 0.31657 0.83602 0.76491 0.70016 0.64117 0.58739 0.53836 0.49363 0.45280 0.41552 0.38147 0.35034 0.29586 0.82774 0.75361 0.68643 0.62553 0.57029 0.52016 0.47464 0.43330 0.39573 0.36158 0.33051 0.27651 0.81954 0.74247 0.67297 0.61027 0.55368 0.50257 0.45639 0.41464 0.37689 0.34273 0.31180 0.25842 0.29189 0.25187 0.21763 0.27027 0.23107 0.19784 0.25025 0.21199 0.17986 0.23171 0.19449 0.16351 0.21455 0.17843 0.14864 0.18829 0.16312 0.05409 0.16963 0.14564 0.04507 0.15282 0.13004 0.03756 0.13768 0.11611 0.03130 0.12403 0.10367 0.02608 TABLE 4 Present Value of an ordinary Annuity of $1 1- +17 PVA== wi 1.0% 1.5% 2.0% 2.5% 3.0% 3.5% 4.0% 4.5% 5.0% 5.5% 6.0% 7.0% 8.0% 9.0% 0.0% 11.0% 12.0% 20.0% 1 2 3 4 5 0.99010 0.98522 1.97040 1.95588 2.940992.91220 3.90197 3.85438 4.85343 4.78264 0.98039 1.94156 2.88388 3.80773 4.71346 0.97561 1.92742 2.85602 3.76197 4.64583 0.97087 1.91347 2.82861 3.71710 4.57971 0.96618 0.96154 0.95694 1.899691.886091.87267 2.80164 2.77509 2.74896 3.67308 3.62990 3.58753 4.51505 4.45182 4.38998 0.95238 1.85941 2.72325 3.54595 4.32948 0.94787 1.84632 2.69793 3.50515 4.27028 0.94340 0.93458 1.83339 1.80802 2.67301 2.62432 3.46511 3.38721 4.212364.10020 0.92593 1.78326 2.57710 3.31213 3.99271 0.91743 0.90909 0.90090 0.89286 1.75911 1.73554 1.71252 1.69005 2.53129 2.48685 2.44371 2.40183 3.239723.16987 3.10245 3.03735 3.88965 3.79079 3.69590 3.60478 0.83333 1.52778 2.10648 2.58873 2.99061 6 7 8 9 10 5.79548 5.69719 6.72819 6.59821 7.651687.48593 8.56602 8.36052 9.47130 9.22218 5.60143 5.508135.417195.32855 5.24214 5.157875.07569 4.99553 4.91732 4.76654 4.62288 4.48592 4.35526 4.23054 4.11141 3.32551 6.47199 6.34939 6.23028 6.11454 6.00205 5.89270 5.78637 5.68297 5.582385.389295.20637 5.03295 4.86842 4.71220 4.56376 3.60459 7.32548 7.170147.019696.87396 6.73274 6.595896.46321 6.33457 6.209795.97130 5.74664 5.53482 5.33493 5.14612 4.96764 3.83716 8.16224 7.970877.78611 7.607697.435337.268797.10782 6.95220 6.80169 6.51523 6.24689 5.99525 5.759025 .53705 5.32825 4.03097 8.982598.75206 8.53020 8.31661 8.11090 7.91272 7.721737.537637.360097.02358 6.710086.41766 6.14457 5.88923 5.65022 4.19247 11 10.36763 10.07112 9.78685 9.51421 9.252629.00155 8.76048 8.52892 8.30641 8.09254 7.88687 7.49867 7.13896 6.80519 6.49506 6.20652 5.93770 4.32706 12 11.25508 10.90751 10.57534 10.25776 9.95400 9.663339.385079.11858 8.863258.6185 13 14 15 12.13374 13.00370 13.86505 11.73153 12.54338 13.34323 11.34837 12.10625 12.84926 10.98319 11.69091 12.38138 10.63496 11.29607 11.93794 10.30274 10.92052 11.51741 9.98565 10.56312 11.11839 9.68285 10.22283 10.73955 9.39357 9.89864 10.37966 9.11708 8.85268 8.35765 9.589659.294988.74547 10.03758 9.71225 9.10791 7.90378 8.24424 8.55948 7.48690 7.78615 8.06069 7.10336 6.74987 6.42355 4.53268 7.36669 6.98187 6.62817 4.61057 7.60608 7.19087 6.81086 4.67547 16 14.71787 14.13126 17 15.56225 14.90765 18 16.39827 15.67256 19 17.22601 16.42617 20 18.04555 17.16864 13.57771 13.05500 14.29187 13.71220 14.99203 14.35336 15.67846 14.97889 16.35143 15.58916 12.56110 13.16612 13.75351 14.32380 14.87747 12.09412 11.65230 12.65132 12.16567 13.18968 12.65930 13.70984 13.13394 14.21240 13.59033 11.23402 11.70719 12.15999 12.59329 13.00794 10.83777 11.27407 11.68959 12.08532 12.46221 10.46216 10.86461 11.24607 11.60765 11.95038 10.105909.44665 8.85137 8.31256 7.82371 7.37916 6.97399 4.72956 10.47726 9.76322 9.12164 8.54363 8.02155 7.54879 7.11963 4.77463 10.82760 10.059099.371898.75563 8.20141 7.701627.24967 4.81219 11.15812 10.33560 9.60360 8.95011 8.36492 7.839297.36578 4.84350 11.46992 10.59401 9.81815 9.12855 8.51356 7.96333 7.46944 4.86958 Lincoln Company purchased merchandise from Grandville Corp. on September 30, 2021. Payment was made in the form of a noninterest-bearing note requiring Lincoln to make six annual payments of $5,200 on each September 30, beginning on September 30, 2024. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answer to nearest whole dollar amount.) Required: Calculate the amount at which Lincoln should record the note payable and corresponding purchases on September 30, 2021, assuming that an interest rate of 11% properly reflects the time value of money in this situation. Amount recorded


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The non interest bearing note required Lincoln to make payment of $5200 for 6 years starting from September 30, 2024. T
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