Calculate the Present Value of a Growing Annuity Given the Following

question 118

Multiple Choice

Calculate the present value of a growing annuity given the following information: annual cash flows = $120,000; cash flow growth rate = 2%; required rate of return = 9%; timeframe = 20 years.

• A) $1,059,762
• B) $1,259,762
• C) $1,459,762
• D) $1,659,762
• E) $1,859,762

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A psychological theory that explains personality in terms of conscious and unconscious forces, such as unconscious desires and beliefs.

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