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Screen Shot 2018-03-29 at 11.39.12 AM.png - ABE Company...

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Unformatted text preview: ABE Company sold the rights to use one of their patented processes that will result in them receiving cash payments of $2B,Bflfl at the end of every six months for each of the next five years and a lump sum payment of $14,3flfl at the end of the sixth year. Calculate the total present value of these payments if the interest rate is 12% compounded semi-annually. Use the time value of loney factors posted in canvas to ans-er this question- To access these factorsII click nodules and then scroll to neek 11- Click on the link labeled present E future value table factors. Ho credit Iill be awarded for this questien using a means other than these table factors to ansner this question. ...
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