This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: An annuity with an infinite life is called (Read 60 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
on: Apr 25, 2021

Question 1

A perpetuity pays $550 at the end of every month. The PV of the perpetuity is $36,000. What is the effective interest rate (EIR) on the perpetuity?
◦ 19.95%
◦ 18.33%
◦ 9.17%
◦ 13.42%
◦ 15.15%

Question 2

An annuity with an infinite life is called
◦ a perpetuity.
◦ a prima.
◦ an indefinite.
◦ a deep discount.
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by BrownTown3 on Apr 25, 2021

jomama

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Apr 25, 2021
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.
Answer Preview
Only 25% of students answer this correctly


BrownTown3

  • Member
  • Posts: 564
Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

EAN94

  • Member
  • Posts: 307
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Everyone has one nostril that is larger than the other.

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

The modern decimal position system was the invention of the Hindus (around 800 AD), involving the placing of numerals to indicate their value (units, tens, hundreds, and so on).

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Seven characteristics are common to all life Seven characteristics are common to all life
Do atheists have faith in life from non-life? Do atheists have faith in life from non-life?
Food, friends, and football . . . a way of life Food, friends, and football . . . a way of life
Half-life Formula Half-life Formula
Cancer cells can move to new locations in the body, a process called metastasis Cancer cells can move to new locations in the body, a process called metastasis
A field study of guppy life history evolution. A field study of guppy life history evolution.
Video: Component of feedback systems & Communication and regulation of body systems

For a complete list of videos, visit our video library