In Order to Compute the Present Value of an Annuity

question 241

Multiple Choice

In order to compute the present value of an annuity, it is necessary to know the

• A) discount rate.
• B) number of discount periods and the amount of the periodic payments/receipts.
• C) both the discount rate and the number of discount periods and the amount of the periodic payments/receipts.
• D) something in addition to the discount rate and the number of discount periods and the amount of the periodic payments/receipts.

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Definitions:

Whorls

Arrangements of leaves, petals, or other plant parts that radiate from a single point and surround or wrap around a stem or axis.

Periphery

The outer limits or edge of an area or object, often used to describe the boundary of something.

Generative Cell

In plants, a cell within the pollen grain that divides to form two sperm cells during fertilization processes.

Pollen Grain

The structure that contains the male gametophytes of seed plants, responsible for the fertilization of the ovule.