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 118 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
Great answer, keep it coming :)


laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Famous people who died from poisoning or drug overdose include, Adolf Hitler, Socrates, Juan Ponce de Leon, Marilyn Monroe, Judy Garland, and John Belushi.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

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?

There can actually be a 25-hour time difference between certain locations in the world. The International Date Line passes between the islands of Samoa and American Samoa. It is not a straight line, but "zig-zags" around various island chains. Therefore, Samoa and nearby islands have one date, while American Samoa and nearby islands are one day behind. Daylight saving time is used in some islands, but not in others—further shifting the hours out of sync with natural time.

For a complete list of videos, visit our video library