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

Author Question: 5-year regular annuity has a present value of $1,000, and if the interest rate is 10%, what is the ... (Read 255 times)

Jipu 123

  • Hero Member
  • *****
  • Posts: 569

Question 1

________ is an annuity with an infinite life making continual annual payments.
◦ Amortized loan
◦ Principal
◦ Perpetuity
◦ APR

Question 2

5-year regular annuity has a present value of $1,000, and if the interest rate is 10%, what is the amount of each annuity payment?
◦ $240.42
◦ $263.80
◦ $300.20
◦ $315.38
◦ $346.87


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by Jipu 123 on Apr 25, 2021

smrtceo

  • Sr. Member
  • ****
  • Posts: 344
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 52% of students answer this correctly




Jipu 123

  • Member
  • Posts: 569
Reply 2 on: Apr 25, 2021
:D TYSM


miss_1456@hotmail.com

  • Member
  • Posts: 289
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

The horizontal fraction bar was introduced by the Arabs.

Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

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

For a complete list of videos, visit our video library