Multiple Choice
What is the present value today of an ordinary annuity cash flow of $3,000 per year for forty years at an interest rate of 10.0% per year if the first cash flow is six years from today?
A) $120,000.00
B) $1,327,777.67
C) $45,138.89
D) $33,730.40
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q21: Willis has won the $4,700,000 state lottery
Q24: You just won a lottery-CONGRATULATIONS! Your parents
Q28: Your parents have an investment portfolio of
Q51: You have decided to endow the insert
Q52: What type of loan requires both principal
Q66: The main variables of the TVM equation
Q68: The present value of a $100 three-year
Q74: The future value of a combination of
Q78: If we discount the annual payments from
Q125: Given a positive interest rate and a