Mary will receive $12,000 per year for the next ten years as royalty for her work on a finance book. What is the present value of her royalty income if the opportunity cost is 12 percent? (Round to the nearest whole dollar)
A) $120,114
B) $67,803
C) $65,640
D) $56,793
B
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Consider the standard dynamic model of money in which the economy is in a steady state with constant levels of output, inflation, and the nominal interest rate. Suppose initially that the steady-state nominal interest rate is 4 percent, the steady-state inflation rate is 2% percent, and the growth rate of the money supply is 2 percent. How will an unanticipated permanent decline in the growth rate of the money supply to 0 percent affect the level of output, the inflation rate, and the nominal interest rate?
What will be an ideal response?
A physical, functional, and operational description are included in this type of presentation
A) processes/procedures B) incidents C) ideas D) tools/mechanisms
The market planning process should be completed before the strategic planning process begins.
Answer the following statement true (T) or false (F)
There are 100 white male applicants for the job and 60 were selected. There were 20 African-American male applicants for the job and 10 were selected. Is there evidence for disparate impact against African-Americans based on the Four-Fifths Rule?
A. Yes, because the white male hiring rate was above the black male hiring rate. B. Yes, because the hiring rate of African-American males is more than 80 percent of the white male hiring rate. C. No, because the black male hiring rate was above the white male hiring rate. D. Yes, because there were fewer African-American applicants. E. No, because the hiring rate of African-American males is within 80 percent of white males.