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    Exam 11: Long-Term Liabilities, bonds Payable, and Classification of Liabilities on the Balance Sheet
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    Using the Present Value Tables,please Compute the Present Value of an Annuity
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Using the Present Value Tables,please Compute the Present Value of an Annuity

Question 105

Question 105

Multiple Choice

Using the present value tables,please compute the present value of an annuity which pays $2,000 per year for 10 years,discounted at 7%.


A) $14,048
B) $19,240
C) $18,180
D) $16,440

Correct Answer:

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