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bixtya [17]
3 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]3 years ago
6 0

Answer:

The answer is D

Explanation:

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