Author Question: What is the rate of return on an investment of $16,278 if the company expects to receive $3,000 per ... (Read 94 times)

fnuegbu · **on:** Apr 25, 2021

Question 1

What is the present value of an ordinary annuity that pays $1,000 per year over each of the next twenty years if the discount rate is 10%? (Round to the nearest whole dollar.)
◦ $8,364
◦ $385
◦ $424
◦ $8,514
◦ $1,537

Question 2

What is the rate of return on an investment of $16,278 if the company expects to receive $3,000 per year for the next ten years?
◦ 18 percent
◦ 13 percent
◦ 8 percent
◦ 3 percent
◦ 10 percent

lindahyatt42 · **Reply #1 on:** Apr 25, 2021

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