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

Author Question: Calculate the present value of an annuity of 3,900 each year for four years, assuming an opportunity ... (Read 68 times)

ENagel

  • Hero Member
  • *****
  • Posts: 540
Calculate the present value of an annuity of 3,900 each year for four years, assuming an opportunity cost of 10 percent.
 
  What will be an ideal response?

Question 2

Which of the following legal forms of organizations is characterized by unlimited liability?
 
  A) sole proprietorship
  B) limited partnership
  C) corporation
  D) C-corporation



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chereeb

  • Sr. Member
  • ****
  • Posts: 326
Answer to Question 1

PV = (3,900/0.1)1-(1/(1.1)4) = 12,363

Answer to Question 2

A




ENagel

  • Member
  • Posts: 540
Reply 2 on: Jul 10, 2018
Excellent


shewald78

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Gracias!

 

Did you know?

Many of the drugs used by neuroscientists are derived from toxic plants and venomous animals (such as snakes, spiders, snails, and puffer fish).

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

To prove that stomach ulcers were caused by bacteria and not by stress, a researcher consumed an entire laboratory beaker full of bacterial culture. After this, he did indeed develop stomach ulcers, and won the Nobel Prize for his discovery.

For a complete list of videos, visit our video library