Using a present value table, your calculator, or a computer program presents value functions. Verify that the present value of $100,000 to be received in five years at an interest rate is 16%, compounded annually, is $47,610. Calculate the present value of $100,00 for each of the following items (part a-f) using these facts, except a. Interest is compounded semiannually b. Interest is compounded quarterly c. A discount rate of 12% is used d. A discount rate of 20% is used e. The cash will be received in three yrs. f. The cash will be received in seven yrs.

Net income and owner's equity for four businesses four different proprietorships, jupiter, mars, saturn, and venus, show the same balance sheet data at the beginning and end of a year. these data, exclusive of the amount of owner's equity, are summarized as follows: total assets total liabilities beginning of the year $550,000 $215,000 end of the year 844,000 320,000 on the basis of the preceding data and the following additional information for the year, determine the net income (or loss) of each company for the year. (hint: first determine the amount of increase or decrease in owner's equity during the year.) jupiter: the owner had made no additional investments in the business and had made no withdrawals from the business. mars: the owner had made no additional investments in the business but had withdrawn $36,000. saturn: the owner had made an additional investment of $60,000 but had made no withdrawals. venus: the owner had made an additional investment of $60,000 and had withdrawn $36,000. jupiter net income $ mars net income $ saturn net income $ venus net income $