Each of the following compound interest factors has the same number of periods (n) at the same interest rate (i). Which one is the table factor for the present value of a single sum?
A. 1.500730
B. 7.153291
C. 0.666342
D. 4.766540
Answer: C
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Jackie's parents loaned her $80,000 to fund her college education. Her parents are not charging interest. They desire to be paid one lump sum of $80,000 when Jackie can accumulate that amount. Jackie established a savings plan that earns 8% compounded annually. Her new job promises to pay an annual holiday bonus that will enable her to make equal annual, year-end deposits of $6,400. Approximately how many years will it take Jackie to accumulate the $80,000?
A. 8 years B. 8.5 years C. 9 years D. 12.5 years
Compute the total and annual returns on the described investment.Five years after paying $14,077 for shares in a new company, you sell the shares for $8877.
A. Total Return: -35.09% Annual Return: -8.37% B. Total Return: -29.55% Annual Return: -7.05% C. Total Return: -38.79% Annual Return: -9.25% D. Total Return: -36.94% Annual Return: -8.81%
Find the exact value of the expression.cos 
A. 
B. 
C. 
D. 
?The future value of an ordinary annuity is higher if the discount rate is higher.
Answer the following statement true (T) or false (F)