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bixtya [17]
2 years ago
7

Your rich aunt has promised to give you $ 2 comma 000 per year at the end of each of the next four years to help you pay for col

lege. using a discount rate of 12​%, the present value of the gift can be stated as
a. pv​ = $ 2 comma 000 x 12​% x 4.

b. pv​ = $ 2 comma 000 ​(pv factor, i​ = ​4%, n​ = 12​).

c. pv​ = $ 2 comma 000 ​(annuity pv​ factor, i​ = 12​%, n​ = 4).

d. pv​ = $ 2 comma 000 ​(annuity fv​ factor, i​ = 12​%, n​ = 4). click to select your answer.
Business
1 answer:
Mekhanik [1.2K]2 years ago
6 0

Answer:

The answer is D

Explanation:

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B) 8 percent.

Explanation:

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We are asked precisely for what rate are we receiving if held at maturity so we receive the yield to maturity.

That is a rate at which the discounted coupon payment and maturity payment matches the price we urchase the bonds.

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Answer:

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3 years ago
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The entry that Lane will make to record the receipt of cash will include a credit to the: a. Accounts Receivable.

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Inconclusion the entry that Lane will make to record the receipt of cash will include a credit to the: a. Accounts Receivable.

Learn more about account receivable here:brainly.com/question/24848903

7 0
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