« previous next »

Author Question: If you are receiving 2,000 per year forever, the present value of that income stream when the ... (Read 55 times)

chads108

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

E

Answer to Question 2

A


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Elderly adults are living longer, and causes of death are shifting. At the same time, autopsy rates are at or near their lowest in history.

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

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.

The nitrogen cycle. Numbers represent fluxes as 1012 g N per year (data from Schlesinger 1991, after The nitrogen cycle. Numbers represent fluxes as 1012 g N per year (data from Schlesinger 1991, after
The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own
Household Income in the United States by Quintiles, 2009 Household Income in the United States by Quintiles, 2009
Desert Stream Channel Desert Stream Channel
Percentage of higher-income Canadian households Percentage of higher-income Canadian households
Video: Secondary Active Transport

For a complete list of videos, visit our video library