Assuming interest rates were 6% per annum, what would be the present value of the $50,000 per year for 30 years payment stream? Use the tables or a financial calculator

A) $688,242
B) $1,500,000
C) $700,002
D) $693,974


Answer: A

Business

You might also like to view...

The vast proportion of outward FDI, about two-thirds, still originates from the ____________.

Fill in the blank(s) with the appropriate word(s).

Business

Which of the following creates requirements from "as-is" process documents?

A) document analysis B) nominal group technique C) interface analysis D) focus group

Business

How can a code of conduct encourage ethical behavior in an organization?

What will be an ideal response?

Business

The statute of limitations:

a. varies with time b. varies by crime c. varies by county d. varies by state e. varies by district

Business