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Author Question: Suppose the present value of a 2-year ordinary annuity is 100. If the discount rate is 10, what must ... (Read 44 times)

NClaborn

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on: Jul 10, 2018
Suppose the present value of a 2-year ordinary annuity is 100. If the discount rate is 10, what must be the annual cash flow?
 
  A) 65.45
  B) 82.64
  C) 57.62
  D) 53.78
  E) 79.22

Question 2

Most consumer loans payments are monthly.
 
  Indicate whether the statement is true or false.


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angrybirds13579

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Reply #1 on: Jul 10, 2018
Answer to Question 1

C

Answer to Question 2

Answer: TRUE


NClaborn

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Reply 2 on: Jul 10, 2018
Excellent

mcarey591

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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