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 59 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
Wow, this really help

anyusername12131

  • Member
  • Posts: 327
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Cnidarians have specialized stinging cells called cnidocytes Cnidarians have specialized stinging cells called cnidocytes
Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s Glioma. (a) Illustration of a large glioma (colored area) within the left cerebral hemisphere in a s
Ascomycetes Life Cycle Ascomycetes Life Cycle
Simplified view of retrovirus life cycle Simplified view of retrovirus life cycle
A lesion called a plaque in the brain of an individual with Alzheimer disease. A ring of degeneratin A lesion called a plaque in the brain of an individual with Alzheimer disease. A ring of degeneratin
Butterfly life cycle stages June 6 2023 Butterfly life cycle stages June 6 2023
Video: Cellular defenses (natural killer cells, phagocyte types & process of phagocytosis)

For a complete list of videos, visit our video library