Question
lara is going to receive $10,000 a year at the end of each of the next five years from her education cost.using a discount rate
lara is going to receive $10,000 a year at the end of each of the next five years from her education cost.using a discount rate of 14% the present value of the receipts can be stated as:
a. annuity FV factor, i=14%, n=5
b. PV factor i=14% ,n=5
c. annuity PV factor, i=14%, n=5
d. FV factor, i=14%, n=5
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Financial Accounting and Reporting
Authors: Barry Elliott, Jamie Elliott
14th Edition
978-0273744535, 273744445, 273744534, 978-0273744443
