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9 ) What is the PV of a eight - period annual annuity of $ 9 , 0 0 0 if the interest rate per

9)What is the PV of a eight-period annual annuity of $9,000 if the interest rate per period is 6% and the first payment is made today? a.$41,441.21 b.$27,145.49 c.$59,241.43 d.$43,381.70
10) When subtracting an assets accumulated depreciation from its historic cost, the resulting value is termed the: a.Market value of the asset b.Depreciation Expense c.Net book value of the asset d.Current asset value

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