The present value of an ordinary annuity of 2,350 each year for 8 years, assuming an opportunity cost of 11 percent, is: (Round to the nearest whole dollar.)
A) 1,020
B) 27,869
C) 18,800
D) 12,093
Question 2
The table shows a series of deposits at different dates into a savings account. If the account pays 10.5 interest (compounded annually), what is their future value at year 6?
Year Cash Flow
1 35,000
2 7,000
3 13,000
4 15,000
5 5,000
A) 109,477.35
B) 99,074.53
C) 75,000.00
D) 107,569.55
E) 97,790.50
The Upper Cave at Zhoukoudian yields ages of about 25,000 years for Homo sapiens.
Growth of the body and brain is dramatic over the first 2 years.
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A non-interest-bearing five-year note for $54600.00 issued May 1, 2015, is discounted April 1, ...
The Serial Numbers for Each Day of the Year
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