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Other Fields Homework Help Management Topic started by: stranahan on Nov 20, 2016



Title: Which of the following is greater (answers rounded to the nearest cent)?
Post by: stranahan on Nov 20, 2016
Which of the following is greater (answers rounded to the nearest cent)?
A) A future value of $331.00 three years from today, given an interest rate of 10% per year
B) A present value of $248.69
C) An ordinary annuity of $100.00 per year for three years discounted at 10% per year
D) You would be indifferent to the three choices since they all have the same present value when using an interest rate of 10% per year.


Title: Re: Which of the following is greater (answers rounded to the nearest cent)?
Post by: waspchichester on Nov 20, 2016
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Title: Re: Which of the following is greater (answers rounded to the nearest cent)?
Post by: stranahan on Jan 6, 2017
Thank you very much for this. It's really helpful.


Title: Re: Which of the following is greater (answers rounded to the nearest cent)?
Post by: Alex Wang on Oct 10, 2019
Thank you so much!


Title: Re: Which of the following is greater (answers rounded to the nearest cent)?
Post by: treesey on Jan 17, 2020
thank you!