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

Author Question: Calculate the present value of an annuity of 3,900 each year for four years, assuming an opportunity ... (Read 22 times)

ENagel

  • Hero Member
  • *****
  • Posts: 540
on: Jul 10, 2018
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
Reply #1 on: Jul 10, 2018
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
YES! Correct, THANKS for helping me on my review

anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

You should not take more than 1,000 mg of vitamin E per day. Doses above this amount increase the risk of bleeding problems that can lead to a stroke.

Did you know?

Your chance of developing a kidney stone is 1 in 10. In recent years, approximately 3.7 million people in the United States were diagnosed with a kidney disease.

Did you know?

Children with strabismus (crossed eyes) can be treated. They are not able to outgrow this condition on their own, but with help, it can be more easily corrected at a younger age. It is important for infants to have eye examinations as early as possible in their development and then another at age 2 years.

Did you know?

In the United States, there is a birth every 8 seconds, according to the U.S. Census Bureau's Population Clock.

During drought years on the Galapagos, small, easily eaten seeds become rare, le During drought years on the Galapagos, small, easily eaten seeds become rare, le
Abundant cave art after about 30,000 years ago is evidence of the importance of symbolic behavior fo Abundant cave art after about 30,000 years ago is evidence of the importance of symbolic behavior fo
Portrait of Typical 12-year-old Boy and Girl, 1981 and 2007-2009 Portrait of Typical 12-year-old Boy and Girl, 1981 and 2007-2009
Percentage of youth age 15 to 19 years with at-risk levels of body composition & fitness Percentage of youth age 15 to 19 years with at-risk levels of body composition & fitness
Calculate the number of sodium ions in 0.375moles of Na2CO3.10H20 Calculate the number of sodium ions in 0.375moles of Na2CO3.10H20
What amount was invested 35 years ago at 7% compounded semiannually if the value of the ... What amount was invested 35 years ago at 7% compounded semiannually if the value of the ...
Video: Ultrasound of a Fetus (Sonogram)

For a complete list of videos, visit our video library