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7. A. If the discount rate appropriate for an annuity of $3,000 that starts at t=7 and has a life of 4 years is 20%,
7. A. If the discount rate appropriate for an annuity of $3,000 that starts at t=7 and has a life of 4 years is 20%, what is the PV of the annuity? (6 points) 1 7. B. provide the following current numbers (5 points) a. Inflation b. Prime Rate c. Rate of Unemployment d. Duration of Unemployment e. Federal Funds Rate
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