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In Order to Compute the Present Value of an Annuity

question 24

Multiple Choice

In order to compute the present value of an annuity, it is necessary to know the
1) discount rate.
2) number of discount periods and the amount of the periodic payments or receipts.

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Definitions:

Commands

Instructions given by a user or a program to an operating system or software to perform a specific task.

Environment Variable

A variable that describes the environment in which a program runs. It contains a name and a value, where the value is the path to the program identified by the variable name.

Program

A set of instructions that a computer uses to perform a specific task or operation.

Windows

Windows is a series of operating systems developed by Microsoft, providing a graphical interface for users to interact with their computers.

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