Answer
248.382
Work Step by Step
Using the tables in the back of the book, we obtain:
$
50,000 \times 4.96764 = 248.382 $
Intermediate Accounting 14th Edition
by Kieso, Donald E.; Weygandt, Jerry J.; Warfield, Terry D.
Published by
Wiley
ISBN 10:
0470587237
ISBN 13:
978-0-47058-723-2
Chapter 6 - Accounting and the Time Value of Money - Exercises - Page 344: E6-5a
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