Maurice Tutor

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Teaching Since: May 2017
Last Sign in: 408 Weeks Ago, 3 Days Ago
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Management Posted 06 Jan 2018 My Price 3.00

rich aunt

Your rich aunt has promised to give you $2,000 a year at the end of each of the next four years to help you pay for college. Using a discount rate of 12%, the present value of the gift can be stated as

a. PV = $2,000 (PV factor, i = 4%, n = 12).

  1. PV = $2,000 (Annuity PV factor, i = 12%, n = 4).

  2. PV = $2,000 (Annuity FV factor, i = 12%, n = 4). d. PV = $2,000 x 12% x 4.

 

 
 

Answers

Maurice Tutor
(5)
Status NEW Posted 06 Jan 2018 09:01 PM My Price 3.00

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