Author Question: If you are receiving 2,000 per year forever, the present value of that income stream when the ... (Read 67 times)

chads108

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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

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Answer to Question 1

E

Answer to Question 2

A



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