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: E6-5b

Answer

415.625

Work Step by Step

Using the tables in the back of the book, we find: $50,000 X 8.31256 = 415.625$

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