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Elementary,Middle School,High School,College,University,PHD
| Teaching Since: | May 2017 |
| Last Sign in: | 408 Weeks Ago, 2 Days Ago |
| Questions Answered: | 66690 |
| Tutorials Posted: | 66688 |
MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Show transcribed image text The future a $2,000 annuity due deposited at 8-percent compounded annually for each of the next 10 years is . $28,974 $31,291 $14,494 $13,420 The future value of a $10,000 annuity due deposited at 12 percent compounded annually for each of the next 5 year is . $36,050 $63,530 $40 J76 $71,152 Mary will receive $12,000 per year for the next 10 years as royalty foe her work on a finance book. What is the present value of her royalty income if the opportunity cost is 12 percent $120,000 $ 67.800 $ 38,640 $ 72.560 What is the prevent value of an annuity of $120 received at the end of each year for 11 years Assume a discount rate of TV The first payment will be received one year from today (round to nearest SI) $250 $400 $570 $900 Bill plans to fund his individual retirement account (IRA) with the maximum contribution of $2,000 at the end of each year for the next 20 years. If Bill can cam 12 percent on his contributions, how much will he have at the end of the twentieth year $19,292 $14,938 $40,000 $144,104 The present value of an ordinary annuity of $2,350 each year for eight years, assuming an opportunity cost of 11 percent, is $1,020 $27,869 $18,300 $12,093
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