Unformatted text preview: If you have a "business" calculator, additionally verify your calculations using the present value functions included with your calculator. (b) Show how your answer to part (a) would differ if you change the assumption to "beginning of year" payments. (c) Using the present value tables, calculate how your answer to part (a) would differ if you change the assumption to eight semiannual (end of period) payments, with the 6% annual rate being revised to 3% for each semiannual period....
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 Spring '11
 hudack
 Accounting, Present Value Tables, subsequent payments, appropriate present value

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