Computing the Present Value: $50,000 receivable at the end

I need assistance in doing this:

Using the appropriate interest table, compute the present values of the following periodic amounts due at the end of the designated periods. (Round only the final answer for (c) to 2 decimal places, e.g. 10,250.25.)


(b) $50,000 payments to be made at the end of each period for 16 periods at 9%

(c) $50,000 payable at the end of the seventh, eighth, ninth, and tenth periods at 12%

Solution Summary

Your tutorial is in Excel, attached. I used the tables in my book. You can verify that your tables use the same number of decimal places (some use four and some use five).