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The Following Figure Shows a Graph That Compares the Present

Question 102

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The following figure shows a graph that compares the present values of two ordinary annuities of $800 quarterly as functions of the number of quarters. One annuity is at an annual rate of 6% compounded quarterly, and the other is at an annual rate of 9% compounded quarterly. Use the graph below to estimate the difference between the present values of these annuities for 25 years (100 quarters) . ​
The following figure shows a graph that compares the present values of two ordinary annuities of $800 quarterly as functions of the number of quarters. One annuity is at an annual rate of 6% compounded quarterly, and the other is at an annual rate of 9% compounded quarterly. Use the graph below to estimate the difference between the present values of these annuities for 25 years (100 quarters) . ​ ​   ​ A)  $36,000 B)  $4,800 C)  $30,000 D)  $125 E)  $9,586


A) $36,000
B) $4,800
C) $30,000
D) $125
E) $9,586

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