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Please answer the following question:

Question 1: What is the future value of 22 periodic payments of $4,310 each made at the beginning of each period and compounded at 8%?

Question 2: What is the present value of $3,510 to be received at the beginning of each of 28 periods, discounted at 10% compound interest?

Question 3: What is the future value of 15 deposits of $3,480 each made at the beginning of each period and compounded at 10%? (Future value as of the end of the 15th period.)

Question 4: What is the present value of 9 receipts of $3,700 each received at the beginning of each period, discounted at 9% compounded interest?

Note: Please show how to work it out.

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M91164847

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