Multiple Choice
You expect to receive $800 at the end of each of the next twenty years.What is the present value of the stream of payments if the interest rate is 6%?
A) $9,175.94
B) $9,411.26
C) $9,305.38
D) $9,687.79
E) $9,550.30
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q91: You have just take out a 30-year,$120,000
Q92: Starting one month from now,you would like
Q93: What is the present value of a
Q94: The present value of an ordinary annuity
Q95: South Penn Tracking is financing a new
Q97: You are late paying a bill for
Q98: You just took out a $12,000 loan
Q99: You just took out a $12,000 loan
Q100: A Silver Hummer H3 sells for $98,000
Q101: Dan plans to fund his individual retirement