ghaidaasabra ghaidaasabra
  • 21-11-2020
  • Business
contestada

Using a discount rate of 8% per year, what is the present value of an annuity
of $100 per year with 10 payments?​

Respuesta :

tiffanyleigh2222
tiffanyleigh2222 tiffanyleigh2222
  • 21-11-2020

Answer:

$920

Explanation:

8% off of $100 is $92 after then you would multiply 92 by 10 which would be 920

Answer Link

Otras preguntas

Meade gave 1/2 of a candy bar to Max and then ate 1/6 of the candy bar himself. What fraction of the candy bar is left? There is ___ of the candy bar left.
is KNO a strong acid?
Electric vehicles are emission free compared to plug-in hybrid electric vehicles. True False
Which development best illustrates why World War Iis classified as a total war? A. Most Europeans believed their country would quickly win the war when it began
What is the simplified expression for:
This is for my music appreciation class.The two songs used were "Lose Yourself" by Eminem & "U Can't Touch This" by MC Hammer. What things were similar betw
SBC is an isosceles triangle with main vertex S. → Let D be the symmetric of B with respect to C and A the symmetric of C with respect to B. 1) Compare AB and C
I NEED HELP PLEASE I NEED TO KNOW HOW U GOT THE ANSWER PLEASE
Can anyone help me with this math problem?
A graph is shown. Which of the following equations are represented by the graph?