Answer:
b. In an ordinary annuity payments occur at the end of the period
Explanation:
<u>Why the other options are false:</u>
A.- On annuity due, the payment occurs at the beginning of the period.
B.- The perpetuity will not mature. It will yield interest for an indefinite period of time
C.- The present present value of a perpetuity is calculate as follow:
cash inflow/ interest rate = perpetuity
On an ordinary annuity, the payment occur at the end of the period, which is correct.
30% off. 14,200 multiplied by 0.7 equals 9,940. 1.0 - 0.7 = 0.3
Explanation:
znzlsoaksndndkskskskdndndbbdndndjdkskso
Answer:
A.)wage-earning employees receive pay based on the number of hours worked
Explanation: