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

Author Question: Dina Jones just learned that she received an inheritance from her grandmother. The inheritance ... (Read 97 times)

blkth103

  • Full Member
  • ***
  • Posts: 156
on: Feb 5, 2023

Question 1

Given a present value factor of 3.7907, assuming a 10% discount rate, the present value of an annuity of $20,000 payment each year for five years is
◦ $26,380.
◦ $75,814.
◦ $379,070.
◦ $5,276.

Question 2

Dina Jones just learned that she received an inheritance from her grandmother. The inheritance provides for Dina to receive $5,000 per year at the end of the year for each of the next 5 years.  Assuming a discount rate of 10%, what is the value of this inheritance to Dina today?

Type of Cash FlowPeriodsInterest RateFactor
PV of $1510%0.6209
FV of $1510%1.6105
PV ordinary annuity510%3.7908
FV ordinary annuity510%6.1051
PV annuity due510%4.1699

◦ $30,526
◦ $20,849
◦ $18,954
◦ $15,523
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by blkth103 on Feb 5, 2023

kalimarie

  • Full Member
  • ***
  • Posts: 150
Reply #1 on: Feb 5, 2023
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 45% of students answer this correctly


blkth103

  • Member
  • Posts: 156
Reply 2 on: Feb 5, 2023
YES! Correct, THANKS for helping me on my review

helenmarkerine

  • Member
  • Posts: 324
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

All patients with hyperparathyroidism will develop osteoporosis. The parathyroid glands maintain blood calcium within the normal range. All patients with this disease will continue to lose calcium from their bones every day, and there is no way to prevent the development of osteoporosis as a result.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

The inheritance of snail coiling direction as an example of a maternal effect gene. The inheritance of snail coiling direction as an example of a maternal effect gene.
The Learned Helplessness Procedure The Learned Helplessness Procedure
Ben Jones, Black Face and Arm Unit. Ben Jones, Black Face and Arm Unit.
Inheritance karyotype Inheritance karyotype
Autosomal recessive inheritance Autosomal recessive inheritance
Z/W inheritance of feather form in poultry is revealed by analysis of reciprocal crosses Z/W inheritance of feather form in poultry is revealed by analysis of reciprocal crosses
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library