This topic contains a solution. Click here to go to the answer

Author Question: Your rich aunt has promised to give you $3,000 a year at the end of each of the next four years to ... (Read 36 times)

809779

  • Hero Member
  • *****
  • Posts: 579
Your rich aunt has promised to give you $3,000 a year at the end of each of the next four years to help with college.  Using a discount rate of 10%, the present value of the gift can be stated as
◦ PV = $3,000 (Annuity PV factor, i = 10%, n = 4).
◦ PV = $3,000 (Annuity FV factor, i = 10%, n = 4).
◦ PV = $3,000 x 10% × 5.
◦ PV = $3,000 (PV factor, i = 4%, n = 4).


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by 809779 on Jan 5, 2020

mcni194

  • Sr. Member
  • ****
  • Posts: 311
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 55% of students answer this correctly




809779

  • Member
  • Posts: 579
Reply 2 on: Jan 5, 2020
:D TYSM


jackie

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Great answer, keep it coming :)

 

Did you know?

The term bacteria was devised in the 19th century by German biologist Ferdinand Cohn. He based it on the Greek word "bakterion" meaning a small rod or staff. Cohn is considered to be the father of modern bacteriology.

Did you know?

Many people have small pouches in their colons that bulge outward through weak spots. Each pouch is called a diverticulum. About 10% of Americans older than age 40 years have diverticulosis, which, when the pouches become infected or inflamed, is called diverticulitis. The main cause of diverticular disease is a low-fiber diet.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

For a complete list of videos, visit our video library