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

Author Question: An annuity with an infinite life is called (Read 51 times)

BrownTown3

  • Hero Member
  • *****
  • Posts: 564
on: Apr 25, 2021

Question 1

A perpetuity pays $550 at the end of every month. The PV of the perpetuity is $36,000. What is the effective interest rate (EIR) on the perpetuity?
◦ 19.95%
◦ 18.33%
◦ 9.17%
◦ 13.42%
◦ 15.15%

Question 2

An annuity with an infinite life is called
◦ a perpetuity.
◦ a prima.
◦ an indefinite.
◦ a deep discount.
Corporate Finance Online ¦ Eakins, McNally ¦ 2nd Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by BrownTown3 on Apr 25, 2021

jomama

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Apr 25, 2021
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 25% of students answer this correctly


BrownTown3

  • Member
  • Posts: 564
Reply 2 on: Apr 25, 2021
:D TYSM

aruss1303

  • Member
  • Posts: 314
Reply 3 on: Yesterday
Excellent

« previous next »
 

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 B-complex vitamins and vitamin C are not stored in the body and must be replaced each day.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

Elderly adults are at greatest risk of stroke and myocardial infarction and have the most to gain from prophylaxis. Patients ages 60 to 80 years with blood pressures above 160/90 mm Hg should benefit from antihypertensive treatment.

Did you know?

Though methadone is often used to treat dependency on other opioids, the drug itself can be abused. Crushing or snorting methadone can achieve the opiate "rush" desired by addicts. Improper use such as these can lead to a dangerous dependency on methadone. This drug now accounts for nearly one-third of opioid-related deaths.

The life cycle of the early diverging moss genus, Sphagnum, illustrating reproductive adaptations th The life cycle of the early diverging moss genus, Sphagnum, illustrating reproductive adaptations th
The Many Faces of Life The Many Faces of Life
Molecular tree of life Molecular tree of life
The energy cycle of life The energy cycle of life
Life cycle of a fern Life cycle of a fern
Video: Vascular tissues in a corn stem and a buttercup root

For a complete list of videos, visit our video library