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

Author Question: Which of the following decisions would involve the use of the present value of a $1 ordinary annuity table? (Read 54 times)

KimWrice

  • Hero Member
  • *****
  • Posts: 579
on: Apr 12, 2019

Which of the following decisions would involve the use of the present value of a $1 ordinary annuity table?


◦ Your brother buys your car and offers to pay you $500 now or $1,500 in two years.
◦ You win a lawsuit and are offered a lump-sum payment today of $100,000 or $15,000 a year for 20 years.
◦ Your father and mother wish to deposit enough money on the date of your high school graduation to enable you to take a $7,000 cruise when you graduate from college 4 years hence.
◦ You want to have $1,000,000 in order to retire at age 55, but need to know how much you will need to deposit each year from now until your 55th birthday.
Personal Finance ¦ Madura ¦ 6th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by KimWrice on Apr 12, 2019

annierak

  • Sr. Member
  • ****
  • Posts: 340
Reply #1 on: Apr 12, 2019
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 39% of students answer this correctly


KimWrice

  • Hero Member
  • *****
  • Posts: 579
Reply #2 on: Apr 12, 2019
TY


annierak

  • Sr. Member
  • ****
  • Posts: 340
Reply #3 on: Apr 12, 2019
You're welcome


« previous next »
 

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

The heart is located in the center of the chest, with part of it tipped slightly so that it taps against the left side of the chest.

Did you know?

A headache when you wake up in the morning is indicative of sinusitis. Other symptoms of sinusitis can include fever, weakness, tiredness, a cough that may be more severe at night, and a runny nose or nasal congestion.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

The heme group is present in myoglobin, hemoglobin, and many other proteins The heme group is present in myoglobin, hemoglobin, and many other proteins
Latest Periodic Table Latest Periodic Table
Electronegativity Chart (Periodic Table) Electronegativity Chart (Periodic Table)
Wash all surfaces in a massage room daily, including the massage table. Wash all surfaces in a massage room daily, including the massage table.
How to determine if a table of values represents a linear or quadratic relationship How to determine if a table of values represents a linear or quadratic relationship
Consumerism and Sustainability: Food from Farm to Table Consumerism and Sustainability: Food from Farm to Table
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library