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Author Question: If you are receiving 2,000 per year forever, the present value of that income stream when the ... (Read 58 times)

chads108

  • Hero Member
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  • Posts: 507
on: Jun 30, 2018
If you are receiving 2,000 per year forever, the present value of that income stream when the prevailing interest rate is 7 percent is equal to
 a. 20,000
  b. 62,472
  c. 100,087
  d. 27,000
  e. 28,571

Question 2

If you are planning to visit wildlife preserves in Kenya, you hope the U.S. dollar appreciates against Kenya's currency.
 a. True
  b. False


josephsuarez

  • Sr. Member
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  • Posts: 323
Reply #1 on: Jun 30, 2018
Answer to Question 1

E

Answer to Question 2

A


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