This topic contains a solution. Click here to go to the answer

Author Question: Suppose the present value of a 2-year ordinary annuity is 100. If the discount rate is 10, what must ... (Read 114 times)

NClaborn

  • Hero Member
  • *****
  • Posts: 560
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

C

Answer to Question 2

Answer: TRUE




NClaborn

  • Member
  • Posts: 560
Reply 2 on: Jul 10, 2018
:D TYSM


at

  • Member
  • Posts: 359
Reply 3 on: Yesterday
Gracias!

 

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Only 12 hours after an egg cell is fertilized by a sperm cell, the egg cell starts to divide. As it continues to divide, it moves along the fallopian tube toward the uterus at about 1 inch per day.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

For a complete list of videos, visit our video library