ghaidaasabra ghaidaasabra
  • 21-11-2020
  • Business
contestada

Using a discount rate of 8% per year, what is the present value of an annuity
of $100 per year with 10 payments?​

Respuesta :

tiffanyleigh2222
tiffanyleigh2222 tiffanyleigh2222
  • 21-11-2020

Answer:

$920

Explanation:

8% off of $100 is $92 after then you would multiply 92 by 10 which would be 920

Answer Link

Otras preguntas

the captain of a boat is 1 meter above sea level.A diver is 8 meters below sea level. What is the difference in elevation of the diver and the captain?
The new number, 200, is 400 less than the original number. What is the approximate percent change
Sound waves strike a glass and cause it to shatter. This phenomenon illustrates (1) resonance (3) reflection (2) refraction (4) diffraction
Which was one major reason the United States entered World War I on the Allied side? a. Woodrow Wilson wanted to be a peacemaker. b. France invaded Germany and
Describe the solutions of 6+y <10 in words
Which worker is most likely to be paid at the legal minimum wage rate? a. A doctor in a hospital b. A teacher in a high school c. A judge in a courtroom d. A ca
What were the 4 New England colonies?
When conducting research for a thesis paper, what is the best way to determine the author’s point of view?
The sum of three consecutive integers is 63. What is the lowest of the three integers?
Enlightenment philosophers employed __________ to distill scientific truths through experimentation and observation. a. Greek mythology b. Galilean proofs c. re