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Author Question: Which of the following decisions would involve the use of the present value of a $1 ordinary annuity table? (Read 71 times)

KimWrice

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on: Apr 12, 2019

Which of the following decisions would involve the use of the present value of a $1 ordinary annuity table?


◦ Your brother buys your car and offers to pay you $500 now or $1,500 in two years.
◦ You win a lawsuit and are offered a lump-sum payment today of $100,000 or $15,000 a year for 20 years.
◦ Your father and mother wish to deposit enough money on the date of your high school graduation to enable you to take a $7,000 cruise when you graduate from college 4 years hence.
◦ You want to have $1,000,000 in order to retire at age 55, but need to know how much you will need to deposit each year from now until your 55th birthday.
Personal Finance ¦ Madura ¦ 6th Edition
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Marked as best answer by KimWrice on Apr 12, 2019

annierak

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Reply #1 on: Apr 12, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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KimWrice

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Reply #2 on: Apr 12, 2019
TY


annierak

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Reply #3 on: Apr 12, 2019
You're welcome


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