The present value of $75, 000 received at the end of eight years discounted at 12% is
A) $ 29, 523
B) $ 30, 291
C) $ 32, 544
D) $185, 697
Correct Answer:
Verified
Q3: Interest compounded on a $10, 000 principal
Q4: Molly will receive an insurance settlement of
Q5: Lori Miller deposits $2, 000 each year
Q6: The future amount of $6, 000 deposited
Q7: Each of the following compound interest factors
Q9: To compare the value of amounts received
Q10: Simple interest on a $20, 000, 8%,
Q11: Compound interest is
A)calculated by multiplying the principal
Q12: The method of converting a future dollar
Q13: An annuity is a
A)series of equal payments
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