Arun wants to have $500 at the END of every year for 20 years. The bank pays 11% interest, compounded annually. Arun calculates that the present value of the ordinary annuity is $3,981.67. What would be the present value if payments were to be received at the BEGINNING of every period rather than the END?
A) $5,183.91
B) $5,525.98
C) $4,043.26
D) $4,419.65
D
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George and Erin divorced in 2020, and George is required to pay Erin $20,000 of alimony each year. George earns $75,000 a year. Erin is required to include the alimony payments in gross income although George earned the income.
Answer the following statement true (T) or false (F)
Identify and briefly describe, in order, each of the four major stages of the venture capital process.
What will be an ideal response?
The manager of a cost center is responsible for controlling costs and generating revenues for the company
Indicate whether the statement is true or false
Homebound, a home decor company, annually donates blankets to various nonprofit organizations. These nonprofit organizations distribute the blankets among the poor. Given this information, Homebound's gesture is an example of:
A. consumerism. B. corporate responsibility. C. corporate philanthropy. D. freeganism.