What is the value of an investment after 3 years for a $6,000 ordinary annuity at 8%?

a. $13,478.40

b. $12,480

c. $6,480

d. $19,478.40


b

Business

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One of the most exciting projects in the Central American region in 2014 was:

A) the enlargement of the Panama Canal. B) Central America's effort to revive its common market. C) the five original members' decision to reestablish the CACM. D) the establishment of Guatemala as region's headquarter. E) the Free Trade Agreement with the United States.

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O'Bryan Company began the year with a balance of $18,000 in Salaries and Wages Payable and ended the year with $11,000 in the account. Salaries and Wages Expense for the period amounted to $91,000 . Under the direct method, O'Bryan will report cash payments for salaries and wages of:

a. $84,000 b. $102,000 c. $109,000 d. $98,000

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Prediction is an important component of theory because it allows ______.

A. people to see what the process looks like B. people to think about what will happen in the future C. people to think about what is currently happening D. people to think of what can or cannot be changed

Business

An advantage of the net present value method is that it considers the time value of money

Indicate whether the statement is true or false

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