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What is the value of an investment that promises to pay $88 per year forever if the appropriate required rate of return is 6.5 percent?

What is the value of an investment that promises to pay $88 per year forever if the appropriate required rate of return is 6.5 percent?

a. 1353.85 b. 13.54 c. 82.63 d. 93.72 e. none of the above

What is the Present Value Interest Factor of an Annuity for 32 periods at 21%?

a. 4.7512 b. 92.7891 c. 1399.08491 d. 0.0007 e. none of the above

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