Question
Lora 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
Lora 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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Finite Mathematics and Its Applications
Authors: Larry J. Goldstein, David I. Schneider, Martha J. Siegel, Steven Hair
12th edition
978-0134768588, 9780134437767, 134768582, 134437764, 978-0134768632
