This topic contains a solution. Click here to go to the answer

Author Question: Your rich aunt has promised to give you $3,000 a year at the end of each of the next four years to ... (Read 20 times)

809779

  • Hero Member
  • *****
  • Posts: 579
Your rich aunt has promised to give you $3,000 a year at the end of each of the next four years to help with college.  Using a discount rate of 10%, the present value of the gift can be stated as
◦ PV = $3,000 (Annuity PV factor, i = 10%, n = 4).
◦ PV = $3,000 (Annuity FV factor, i = 10%, n = 4).
◦ PV = $3,000 x 10% × 5.
◦ PV = $3,000 (PV factor, i = 4%, n = 4).


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by 809779 on Jan 5, 2020

mcni194

  • Sr. Member
  • ****
  • Posts: 311
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




809779

  • Member
  • Posts: 579
Reply 2 on: Jan 5, 2020
YES! Correct, THANKS for helping me on my review


31809pancho

  • Member
  • Posts: 317
Reply 3 on: Yesterday
Excellent

 

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

For a complete list of videos, visit our video library