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

Author Question: Your pension plan has two alternative payout methods. The first is a lump sum of 300,000 on your ... (Read 91 times)

cherise1989

  • Hero Member
  • *****
  • Posts: 555
on: Jul 10, 2018
Your pension plan has two alternative payout methods. The first is a lump sum of 300,000 on your 65th birthday. The second is ordinary annuity with the first payment on your 66th birthday and the last payment on your 85th birthday.
 
  If the interest rate is 10.5, then what size annuity payment would equate the value of the two alternatives?
  A) 36,447.98
  B) 35,911.96
  C) 37,059.21
  D) 35,237.89
  E) 34,687.32

Question 2

In addition to those risks faced by domestic corporations, multinational corporations face
 
  A) political risk.
  B) exchange risk.
  C) Both A and B are correct.
  D) All domestic and multinational corporations face similar risk profiles.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dlook33

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jul 10, 2018
Answer to Question 1

A

Answer to Question 2

C


cherise1989

  • Member
  • Posts: 555
Reply 2 on: Jul 10, 2018
YES! Correct, THANKS for helping me on my review

shewald78

  • Member
  • Posts: 340
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

Research Methods Research Methods
Recipients of Marshall Plan Aid, 1948–19 Recipients of Marshall Plan Aid, 1948–19
Methods of Contraception Methods of Contraception
The U.S. Department of Agriculture offers the SuperTracker tool to help you track, analyze, and plan ... The U.S. Department of Agriculture offers the SuperTracker tool to help you track, analyze, and plan ...
Tropomyosin gene organization (rat) and seven alternative splicing pathways Tropomyosin gene organization (rat) and seven alternative splicing pathways
Body plan of an aquatic snail and micrograph of a radula Body plan of an aquatic snail and micrograph of a radula
Video: Digestive System Animation

For a complete list of videos, visit our video library