Top Posters
Since Sunday
y
2
m
2
m
2
u
2
m
2
B
2
M
2
e
2
k
2
N
2
y
2
m
2
Home Q & A Board Other Fields Homework Help Business Management
New Topic  
stranahan stranahan
wrote...
Go to Answer
Posts: 3324
Rep: 10 0
7 years ago
Johnson has an annuity due that pays $600 per year for 15 years. What is the present value of the cash flows if they are discounted at an annual rate of 7.50%?
A) $9,675.00
B) $9,000.00
C) $5,296.27
D) $5,693.49
Textbook 
Financial Management: Core Concepts

Financial Management: Core Concepts


Edition: 2nd
Author:
Read 196 times
2 Replies
Replies
Answer verified by a subject expert
Decrepit_Decrepit_
wrote...
#1
Posts: 259
Rep: 34 0
7 years ago
Sign in or Sign up in seconds to unlock everything for free
More solutions for this book are available here
1

Related Topics

stranahan Author
wrote...
#2
7 years ago
Thank you for  the help. I had a few questions on a few of them and this really confirmed my answers.
New Topic      
Quick Reply
Explore
Post your homework questions and get free online help from our incredible volunteers
  550 People Browsing
Start New Topic Take the Tour CoursesNew Study Tools Topics Trending Browse by Textbook
Live Chat
Related Images
  
 408
  
 428
  
 1222
Your Opinion
Do you believe in global warming?
Votes: 488
Previous poll results: Who will win the 2024 president election?