You are going to pay $800 into an account at the beginning of each of 20 years. The account will then be left to compound for an additional 20 years. At the end of the 41st year you will begin receiving a perpetuity from the account

If the account pays 14%, how much will you receive each year from the perpetuity (round to nearest $1,000)?
A) $140,000
B) $150,000
C) $160,000
D) $170,000


Answer: C

Business

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What is the correct formula in B7 to determine the probability of rejecting the project?



a) =NORM.DIST(0,C5,C6,FALSE)
b) =NORM.DIST(0,C5,C6,TRUE)
c) =NORM.S.DIST((0-C5)/C6,TRUE)
d) A and B
e) B and C

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If Bill tells Sara that he will give her two days to decide if she wants to buy his car, he cannot sell it to anyone else during that time

a. True b. False Indicate whether the statement is true or false

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In CASE 16.2 Leegin Creative Leather Products, Inc v. PSKS, Inc (2007), the U.S. Supreme Court overturned precedent regarding __________, substituting the __________ treatment for the per se analysis

a. vertical market division, rule of reason b. minimum vertical price fixing, vertical market division c. resale price maintenance, rule of reason d. tying arrangements, rule of reason

Business