What is the present value of an asset that yields $1,500 in five years and $3,000 in 10 years if the discount rate is 8%
1 answer:
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Answer:
Step-by-step explanation:
We have been given four choices out of which we need to select the choice which is trinomial.
Trinomial means polynomial having three terms.
A) c2 + c + 6
It has 3 terms.
B) c2 − 16
It has 2 terms.
C) −8c
It has 1 term.
D) c3 + 4c2 − 12c + 7
It has 4 terms.
We see that only choice A) has three terms.
Hence correct choice is