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

Author Question: Dina Jones just learned that she received an inheritance from her grandmother. The inheritance ... (Read 111 times)

blkth103

  • Full Member
  • ***
  • Posts: 156
on: Feb 5, 2023

Question 1

Given a present value factor of 3.7907, assuming a 10% discount rate, the present value of an annuity of $20,000 payment each year for five years is
◦ $26,380.
◦ $75,814.
◦ $379,070.
◦ $5,276.

Question 2

Dina Jones just learned that she received an inheritance from her grandmother. The inheritance provides for Dina to receive $5,000 per year at the end of the year for each of the next 5 years.  Assuming a discount rate of 10%, what is the value of this inheritance to Dina today?

Type of Cash FlowPeriodsInterest RateFactor
PV of $1510%0.6209
FV of $1510%1.6105
PV ordinary annuity510%3.7908
FV ordinary annuity510%6.1051
PV annuity due510%4.1699

◦ $30,526
◦ $20,849
◦ $18,954
◦ $15,523
Managerial Accounting ¦ Davis ¦ 4th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by blkth103 on Feb 5, 2023

kalimarie

  • Full Member
  • ***
  • Posts: 150
Reply #1 on: Feb 5, 2023
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 45% of students answer this correctly


blkth103

  • Member
  • Posts: 156
Reply 2 on: Feb 5, 2023
:D TYSM

bblaney

  • Member
  • Posts: 323
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

Your heart beats over 36 million times a year.

Did you know?

Medication errors are three times higher among children and infants than with adults.

Did you know?

Patients should never assume they are being given the appropriate drugs. They should make sure they know which drugs are being prescribed, and always double-check that the drugs received match the prescription.

Maternal inheritance in the four-o'clock plant. Maternal inheritance in the four-o'clock plant.
Cytoplasmic Inheritance Cytoplasmic Inheritance
Traits With Single-Gene Dominant–Recessive Inheritance Traits With Single-Gene Dominant–Recessive Inheritance
These photos show a rat burying a test object from which it has just received a single mild shock. These photos show a rat burying a test object from which it has just received a single mild shock.
Common Characteristics of the Inheritance of Autosomal Common Characteristics of the Inheritance of Autosomal
The X-linked genetic model of Morgan’s eye-color inheritance The X-linked genetic model of Morgan’s eye-color inheritance
Video: Male Reproductive System - Testosterone

For a complete list of videos, visit our video library