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

Author Question: What is the present value of a 5-year ordinary annuity with annual payments of $200, evaluated at a ... (Read 81 times)

KimWrice

  • Hero Member
  • *****
  • Posts: 579

Question 1

What is the present value of a $50 perpetuity if interest rates are 7%?
◦ $1.21
◦ $18.12
◦ $714.29
◦ $3.50
◦ $593.23

Question 2

What is the present value of a 5-year ordinary annuity with annual payments of $200, evaluated at a 15 percent interest rate?
◦ $670.43
◦ $842.41
◦ $1,169.56
◦ $1,348.48
◦ $1,522.64


Related Topics

Need homework help now?

Ask unlimited questions for free

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

cascooper22

  • Sr. Member
  • ****
  • Posts: 312
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 39% of students answer this correctly




KimWrice

  • Member
  • Posts: 579
Reply 2 on: Apr 25, 2021
YES! Correct, THANKS for helping me on my review


patma1981

  • Member
  • Posts: 292
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

If all the neurons in the human body were lined up, they would stretch more than 600 miles.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Did you know?

The first war in which wide-scale use of anesthetics occurred was the Civil War, and 80% of all wounds were in the extremities.

Did you know?

The Food and Drug Administration has approved Risperdal, an adult antipsychotic drug, for the symptomatic treatment of irritability in children and adolescents with autism. The approval is the first for the use of a drug to treat behaviors associated with autism in children. These behaviors are included under the general heading of irritability and include aggression, deliberate self-injury, and temper tantrums.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

For a complete list of videos, visit our video library