P = 190,000(P/F,4%,4) + 120,000(P/F,4%,8) = 190,000(0.8548) + 120,000(0.7307) = $250,096
What will be an ideal response?
F = 18,000(F/P,12%,4) + 26,000(F/P,12%,3) + 42,000(F/P,12%,2)
= 18,000(1.5735) + 26,000(1.4049) + 42,000(1.2544)
= $117,535
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What will be an ideal response?
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Fill in the blank(s) with the appropriate word(s).