Solutions Manual: James M. Wahlen, Jefferson P. Jones and Donald P. Pagach,
Intermediate Accounting Reporting and Analysis, 5e, 2027, 9798214058955;
Appendix TVM: Time Value of Money
Solutions Manual
JAMES M. WAHLEN, JEFFERSON P. JONES AND DONALD P. PAGACH,
INTERMEDIATE ACCOUNTING REPORTING AND ANALYSIS, 5E, 2027, 9798214058955;
APPENDIX TVM: TIME VALUE OF MONEY
TABLE OF CONTENTS
Content Analysis of Got It? Questions and End-of-Chapter Assignments ..................... 3
Answers to Key Concepts: Got It? ..................................................................................... 13
Answers to Multiple-Choice ...............................................................................................18
Solutions to Review Exercises ...........................................................................................19
RETVM-1 ...................................................................................................................................... 19
RETVM-2...................................................................................................................................... 19
RETVM-3...................................................................................................................................... 19
RETVM-4 ..................................................................................................................................... 19
RETVM-5...................................................................................................................................... 19
RETVM-6 .....................................................................................................................................20
RETVM-7......................................................................................................................................20
RETVM-8 .....................................................................................................................................20
RETVM-9 .....................................................................................................................................20
RETVM-10 ....................................................................................................................................20
RETVM-11 ..................................................................................................................................... 21
RETVM-12 .................................................................................................................................... 21
RETVM-13 .................................................................................................................................... 21
RETVM-14 .................................................................................................................................... 21
Solutions to Exercises ........................................................................................................ 22
ETVM-1 ......................................................................................................................................... 22
ETVM-2 ........................................................................................................................................ 22
ETVM-3 ........................................................................................................................................ 22
ETVM-4 ........................................................................................................................................ 22
ETVM-5 ........................................................................................................................................ 23
ETVM-6 ........................................................................................................................................ 23
ETVM-7 ........................................................................................................................................ 23
ETVM-8 ........................................................................................................................................24
© 2027 1
, Solutions Manual: James M. Wahlen, Jefferson P. Jones and Donald P. Pagach,
Intermediate Accounting Reporting and Analysis, 5e, 2027, 9798214058955;
Appendix TVM: Time Value of Money
ETVM-9 ........................................................................................................................................24
ETVM-10 ......................................................................................................................................24
ETVM-11 ....................................................................................................................................... 25
ETVM-12....................................................................................................................................... 25
ETVM-13....................................................................................................................................... 25
ETVM-14 ......................................................................................................................................26
Solutions to Problems ........................................................................................................ 26
PTVM-1 .........................................................................................................................................26
PTVM-2 ........................................................................................................................................ 27
PTVM-3 ........................................................................................................................................ 27
PTVM-4 ........................................................................................................................................28
PTVM-5 ........................................................................................................................................28
PTVM-6 ........................................................................................................................................28
PTVM-7 ........................................................................................................................................29
PTVM-8 ........................................................................................................................................29
PTVM-9 ........................................................................................................................................30
PTVM-10 [AICPA Adapted] ....................................................................................................... 31
PTVM-11 ....................................................................................................................................... 33
PTVM-12 ....................................................................................................................................... 33
PTVM-13 ....................................................................................................................................... 33
PTVM-14.......................................................................................................................................34
PTVM-15 ....................................................................................................................................... 35
PTVM-16.......................................................................................................................................36
PTVM-17 .......................................................................................................................................36
PTVM-18.......................................................................................................................................39
PTVM-19...................................................................................................................................... 40
Answers to Cases ............................................................................................................... 40
CTVM-1........................................................................................................................................ 40
CTVM-2 ........................................................................................................................................ 41
CTVM-3 ........................................................................................................................................42
CTVM-4 ........................................................................................................................................42
CTVM-5 ........................................................................................................................................43
© 2027 2
, Solutions Manual: James M. Wahlen, Jefferson P. Jones and Donald P. Pagach,
Intermediate Accounting Reporting and Analysis, 5e, 2027, 9798214058955;
Appendix TVM: Time Value of Money
CONTENT ANALYSIS OF GOT IT? QUESTIONS AND END-OF-CHAPTER ASSIGNMENTS
TIME
NUMBER TOPIC CONTENT LO ADAPTED DIFFICULTY EST. AACSB AICPA BLOOM’S
TVM-1 Interest Definitions 1 Easy 5 Analytic Measurement Understand
TVM-2 Time Value Definitions 1 Easy 5 Analytic Measurement Understand
of Money
TVM-3 Time Value Definitions 1 Easy 5 Analytic Measurement Understand
of Money
TVM-4 Time Value Definitions 1 Easy 5 Analytic Measurement Understand
of Money
TVM-5 Future Value and Comparison of future 2 Easy 5 Analytic Measurement Understand
Present Value value with present value
TVM-6 Future Value Definitions 2 Easy 5 Analytic Measurement Understand
TVM-7 Future Value Explanations 2 Easy 5 Analytic Measurement Understand
Table Factors
TVM-8 Future Value and Comparison of future 3 Easy 5 Analytic Measurement Understand
Present Value value with present value
TVM-9 Present Value Solving present value 3 Easy 5 Analytic Measurement Understand
problems
TVM-10 Present Value Explanations 3 Easy 5 Analytic Measurement Understand
Table Factors
TVM-11 Annuity Definitions 4 Easy 5 Analytic Measurement Understand
TVM-12 Ordinary Annuity Comparison of present 4 Easy 5 Analytic Measurement Understand
and Annuity Due value of ordinary annuity
with annuity due
© 2027 3
, Solutions Manual: James M. Wahlen, Jefferson P. Jones and Donald P. Pagach,
Intermediate Accounting Reporting and Analysis, 5e, 2027, 9798214058955;
Appendix TVM: Time Value of Money
TIME
NUMBER TOPIC CONTENT LO ADAPTED DIFFICULTY EST. AACSB AICPA BLOOM’S
TVM-13 Future Value of an Definitions, comparison 5 Easy 5 Analytic Measurement Understand
Ordinary Annuity
TVM-14 Future Value of an Explanation 5 Easy 5 Analytic Measurement Understand
Ordinary Annuity
TVM-15 Future Value of an Definitions, comparison 6 Easy 5 Analytic Measurement Understand
Annuity Due
TVM-16 Future Value of an Explanation 6 Easy 5 Analytic Measurement Understand
Annuity Due
TVM-17 Ordinary Annuity Comparison 6 Easy 5 Analytic Measurement Understand
vs. Annuity Due
TVM-18 Present Value of an Explanation, comparison 7 Easy 5 Analytic Measurement Understand
Ordinary Annuity
TVM-19 Present Value of an Explanation 7 Easy 5 Analytic Measurement Understand
Ordinary Annuity
TVM-20 Present Value of an Explanation, comparison 8 Easy 5 Analytic Measurement Understand
Annuity Due
TVM-21 Present Value of an Explanation 8 Easy 5 Analytic Measurement Understand
Annuity Due
TVM-22 Deferred Ordinary Definitions, comparison 9 Easy 5 Analytic Measurement Understand
Annuity
TVM-23 Deferred Ordinary Explanation 9 Easy 5 Analytic Measurement Understand
Annuity
TVM-24 Converted Factor Explanation 9 Easy 5 Analytic Measurement Understand
for Deferred
Ordinary Annuity
© 2027 4
Intermediate Accounting Reporting and Analysis, 5e, 2027, 9798214058955;
Appendix TVM: Time Value of Money
Solutions Manual
JAMES M. WAHLEN, JEFFERSON P. JONES AND DONALD P. PAGACH,
INTERMEDIATE ACCOUNTING REPORTING AND ANALYSIS, 5E, 2027, 9798214058955;
APPENDIX TVM: TIME VALUE OF MONEY
TABLE OF CONTENTS
Content Analysis of Got It? Questions and End-of-Chapter Assignments ..................... 3
Answers to Key Concepts: Got It? ..................................................................................... 13
Answers to Multiple-Choice ...............................................................................................18
Solutions to Review Exercises ...........................................................................................19
RETVM-1 ...................................................................................................................................... 19
RETVM-2...................................................................................................................................... 19
RETVM-3...................................................................................................................................... 19
RETVM-4 ..................................................................................................................................... 19
RETVM-5...................................................................................................................................... 19
RETVM-6 .....................................................................................................................................20
RETVM-7......................................................................................................................................20
RETVM-8 .....................................................................................................................................20
RETVM-9 .....................................................................................................................................20
RETVM-10 ....................................................................................................................................20
RETVM-11 ..................................................................................................................................... 21
RETVM-12 .................................................................................................................................... 21
RETVM-13 .................................................................................................................................... 21
RETVM-14 .................................................................................................................................... 21
Solutions to Exercises ........................................................................................................ 22
ETVM-1 ......................................................................................................................................... 22
ETVM-2 ........................................................................................................................................ 22
ETVM-3 ........................................................................................................................................ 22
ETVM-4 ........................................................................................................................................ 22
ETVM-5 ........................................................................................................................................ 23
ETVM-6 ........................................................................................................................................ 23
ETVM-7 ........................................................................................................................................ 23
ETVM-8 ........................................................................................................................................24
© 2027 1
, Solutions Manual: James M. Wahlen, Jefferson P. Jones and Donald P. Pagach,
Intermediate Accounting Reporting and Analysis, 5e, 2027, 9798214058955;
Appendix TVM: Time Value of Money
ETVM-9 ........................................................................................................................................24
ETVM-10 ......................................................................................................................................24
ETVM-11 ....................................................................................................................................... 25
ETVM-12....................................................................................................................................... 25
ETVM-13....................................................................................................................................... 25
ETVM-14 ......................................................................................................................................26
Solutions to Problems ........................................................................................................ 26
PTVM-1 .........................................................................................................................................26
PTVM-2 ........................................................................................................................................ 27
PTVM-3 ........................................................................................................................................ 27
PTVM-4 ........................................................................................................................................28
PTVM-5 ........................................................................................................................................28
PTVM-6 ........................................................................................................................................28
PTVM-7 ........................................................................................................................................29
PTVM-8 ........................................................................................................................................29
PTVM-9 ........................................................................................................................................30
PTVM-10 [AICPA Adapted] ....................................................................................................... 31
PTVM-11 ....................................................................................................................................... 33
PTVM-12 ....................................................................................................................................... 33
PTVM-13 ....................................................................................................................................... 33
PTVM-14.......................................................................................................................................34
PTVM-15 ....................................................................................................................................... 35
PTVM-16.......................................................................................................................................36
PTVM-17 .......................................................................................................................................36
PTVM-18.......................................................................................................................................39
PTVM-19...................................................................................................................................... 40
Answers to Cases ............................................................................................................... 40
CTVM-1........................................................................................................................................ 40
CTVM-2 ........................................................................................................................................ 41
CTVM-3 ........................................................................................................................................42
CTVM-4 ........................................................................................................................................42
CTVM-5 ........................................................................................................................................43
© 2027 2
, Solutions Manual: James M. Wahlen, Jefferson P. Jones and Donald P. Pagach,
Intermediate Accounting Reporting and Analysis, 5e, 2027, 9798214058955;
Appendix TVM: Time Value of Money
CONTENT ANALYSIS OF GOT IT? QUESTIONS AND END-OF-CHAPTER ASSIGNMENTS
TIME
NUMBER TOPIC CONTENT LO ADAPTED DIFFICULTY EST. AACSB AICPA BLOOM’S
TVM-1 Interest Definitions 1 Easy 5 Analytic Measurement Understand
TVM-2 Time Value Definitions 1 Easy 5 Analytic Measurement Understand
of Money
TVM-3 Time Value Definitions 1 Easy 5 Analytic Measurement Understand
of Money
TVM-4 Time Value Definitions 1 Easy 5 Analytic Measurement Understand
of Money
TVM-5 Future Value and Comparison of future 2 Easy 5 Analytic Measurement Understand
Present Value value with present value
TVM-6 Future Value Definitions 2 Easy 5 Analytic Measurement Understand
TVM-7 Future Value Explanations 2 Easy 5 Analytic Measurement Understand
Table Factors
TVM-8 Future Value and Comparison of future 3 Easy 5 Analytic Measurement Understand
Present Value value with present value
TVM-9 Present Value Solving present value 3 Easy 5 Analytic Measurement Understand
problems
TVM-10 Present Value Explanations 3 Easy 5 Analytic Measurement Understand
Table Factors
TVM-11 Annuity Definitions 4 Easy 5 Analytic Measurement Understand
TVM-12 Ordinary Annuity Comparison of present 4 Easy 5 Analytic Measurement Understand
and Annuity Due value of ordinary annuity
with annuity due
© 2027 3
, Solutions Manual: James M. Wahlen, Jefferson P. Jones and Donald P. Pagach,
Intermediate Accounting Reporting and Analysis, 5e, 2027, 9798214058955;
Appendix TVM: Time Value of Money
TIME
NUMBER TOPIC CONTENT LO ADAPTED DIFFICULTY EST. AACSB AICPA BLOOM’S
TVM-13 Future Value of an Definitions, comparison 5 Easy 5 Analytic Measurement Understand
Ordinary Annuity
TVM-14 Future Value of an Explanation 5 Easy 5 Analytic Measurement Understand
Ordinary Annuity
TVM-15 Future Value of an Definitions, comparison 6 Easy 5 Analytic Measurement Understand
Annuity Due
TVM-16 Future Value of an Explanation 6 Easy 5 Analytic Measurement Understand
Annuity Due
TVM-17 Ordinary Annuity Comparison 6 Easy 5 Analytic Measurement Understand
vs. Annuity Due
TVM-18 Present Value of an Explanation, comparison 7 Easy 5 Analytic Measurement Understand
Ordinary Annuity
TVM-19 Present Value of an Explanation 7 Easy 5 Analytic Measurement Understand
Ordinary Annuity
TVM-20 Present Value of an Explanation, comparison 8 Easy 5 Analytic Measurement Understand
Annuity Due
TVM-21 Present Value of an Explanation 8 Easy 5 Analytic Measurement Understand
Annuity Due
TVM-22 Deferred Ordinary Definitions, comparison 9 Easy 5 Analytic Measurement Understand
Annuity
TVM-23 Deferred Ordinary Explanation 9 Easy 5 Analytic Measurement Understand
Annuity
TVM-24 Converted Factor Explanation 9 Easy 5 Analytic Measurement Understand
for Deferred
Ordinary Annuity
© 2027 4
