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Author Question: In three years you will begin receiving an annual payment of $600 that will be made for two years. ... (Read 133 times)

james0929

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Question 1

In future value or present value problems, unless stated otherwise, cash flows are assumed to be
◦ at the end of the time period.
◦ at the beginning of the time period.
◦ in the middle of the time period.
◦ spread out evenly over a time period.

Question 2

In three years you will begin receiving an annual payment of $600 that will be made for two years. If the annual interest rate is 12%, what will be the balance in your account at the end of the fourth year?
◦ $2,025
◦ $1,344
◦ $1,272
◦ $1,200
◦ $1,260


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Marked as best answer by james0929 on Apr 25, 2021

rnehls

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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.
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james0929

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Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review


Jossy

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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