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Author Question: Mary will receive $12,000 per year for the next ten years as royalty for her work on a finance book. ... (Read 28 times)

Marty

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on: Apr 25, 2021

Question 1

Marla borrows $4,500 at 12 percent annually compounded interest to be repaid in four equal annual installments. The actual end of year payment is (Round to the nearest whole dollar.)
◦ $942.
◦ $1,125.
◦ $1,482.
◦ $2,641.

Question 2

Mary will receive $12,000 per year for the next ten years as royalty for her work on a finance book. What is the present value of her royalty income if the opportunity cost is 12 percent? (Round to the nearest whole dollar.)
◦ $120,114
◦ $67,803
◦ $65,640
◦ $56,793
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Marked as best answer by Marty on Apr 25, 2021

Silverbeard98

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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.
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Marty

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Reply 2 on: Apr 25, 2021
Great answer, keep it coming :)

tkempin

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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