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

Author Question: Your grandmother has promised to give you $2,000 a year at the end of each of the next four years if ... (Read 42 times)

OSWALD

  • Hero Member
  • *****
  • Posts: 580
on: Jan 5, 2020
Your grandmother has promised to give you $2,000 a year at the end of each of the next four years if you earn Cs or better in all of your courses each year. Using a discount rate of 8%, which of the following is correct for determining the present value of the gift?
◦ PV = $2,000 × (Annuity PV factor, i = 8%, n = 4)
◦ PV = $2,000 × 8% × 4
◦ PV = $2,000 × (PV factor, i = 4%, n = 8)
◦ PV = $2,000 × (Annuity FV factor, i = 8%, n = 4)
Managerial Accounting, Canadian Edition ¦ Braun, Tietz, Pyper ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by OSWALD on Jan 5, 2020

HandsomeMarc

  • Sr. Member
  • ****
  • Posts: 360
Reply #1 on: Jan 5, 2020
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 55% of students answer this correctly


OSWALD

  • Member
  • Posts: 580
Reply 2 on: Jan 5, 2020
Thanks for the timely response, appreciate it

atrochim

  • Member
  • Posts: 331
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

The U.S. Pharmacopeia Medication Errors Reporting Program states that approximately 50% of all medication errors involve insulin.

Did you know?

Approximately 25% of all reported medication errors result from some kind of name confusion.

The skullcap from Trinil, Java is the type specimen for H. erectus and is about 900,000 years old. The skullcap from Trinil, Java is the type specimen for H. erectus and is about 900,000 years old.
A levallois core from Kapedo Tuffs, Kenya dates about 130,000 years ago. A levallois core from Kapedo Tuffs, Kenya dates about 130,000 years ago.
Give the world a reason to remember your name Give the world a reason to remember your name
Beak size in finches during dry years increases because of strong selection Beak size in finches during dry years increases because of strong selection
Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ... Last year, Terrific Copying had total revenue of $475 000, while operating at 60% of capacity. ...
What single payment one year from now would be economically equivalent to payments of $1,000 ... What single payment one year from now would be economically equivalent to payments of $1,000 ...
Video: ETC Protein Complexes & Chemiosmosis (Total ATP Production and ATP Synthase)

For a complete list of videos, visit our video library