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Part 1. On the right are six diagrams representing six different present and future value concepts stated on the left. Identify the diagrams with the concepts by writing the identifying letter of the diagram on the blank line at the left. Assume n = 4 andi 8%. Concept Diagram of Concept 1. Future value of 1. $1 a. 2. Present value of 1. 3. Future value of an annuity $1 $1 $1 $1 b. |- H due of 1. + - 4. Future value of an ordinary annuity of 1. $1 $1 $1 $1 5. Present value of an ordinary c. + + ---I annuity of 1. 6. Present value of an annuity $1 $1 $1 $1 due of 1. d. + + + $1 e. F $1 $1 $1 $1 f. F +

Part 1. On the right are six diagrams representing six different present and future value concepts stated on the left. Identify the diagrams with the concepts by writing the identifying letter of the diagram on the blank line at the left. Assume n = 4 andi 8%. Concept Diagram of Concept 1. Future value of 1. $1 a. 2. Present value of 1. 3. Future value of an annuity $1 $1 $1 $1 b. |- H due of 1. + - 4. Future value of an ordinary annuity of 1. $1 $1 $1 $1 5. Present value of an ordinary c. + + ---I annuity of 1. 6. Present value of an annuity $1 $1 $1 $1 due of 1. d. + + + $1 e. F $1 $1 $1 $1 f. F +

Excel Applications for Accounting Principles
Excel Applications for Accounting Principles
4th Edition
ISBN:9781111581565
Author:Gaylord N. Smith
Publisher:Gaylord N. Smith
Chapter27: Time Value Of Money (compound)
Section: Chapter Questions
Problem 2R
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Part 1. On the right are six diagrams representing six different present and future value concepts stated on the left. Identify the diagrams with the concepts by writing the identifying letter of the diagram on the blank line at the left. Assume n = 4 and i = 8%. Concept Diagram of Concept 1. Future value of 1. $1 + a. 2. Present value of 1. 3. Future value of an annuity $1 $1 $1 $1 b. |- - - H due of 1. + 4. Future value of an ordinary annuity of 1. ? $1 $1 $1 $1 5. Present value of an ordinary c. + ---I annuity of 1. 6. Present value of an annuity $1 $1 $1 $1 d. + due of 1. $1 e. F $1 $1 $1 $1 f. H + + Part 2. For each of the Concepts above provide an explanation of what it represents and include an example for each of a use in financial reporting.
Transcribed Image Text:Part 1. On the right are six diagrams representing six different present and future value concepts stated on the left. Identify the diagrams with the concepts by writing the identifying letter of the diagram on the blank line at the left. Assume n = 4 and i = 8%. Concept Diagram of Concept 1. Future value of 1. $1 + a. 2. Present value of 1. 3. Future value of an annuity $1 $1 $1 $1 b. |- - - H due of 1. + 4. Future value of an ordinary annuity of 1. ? $1 $1 $1 $1 5. Present value of an ordinary c. + ---I annuity of 1. 6. Present value of an annuity $1 $1 $1 $1 d. + due of 1. $1 e. F $1 $1 $1 $1 f. H + + Part 2. For each of the Concepts above provide an explanation of what it represents and include an example for each of a use in financial reporting.
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