What Is the Present Value of $1000 Per Year Annuity

question 84

Multiple Choice

What is the present value of $1000 per year annuity for five years at an interest rate of
12%?

• A) $6,352.85
• B) $3,604.78
• C) $567.43
• D) None of the above

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Definitions:

Sexually Transmitted Diseases

Infections transmitted through sexual contact, caused by bacteria, viruses, or parasites.

Condoms

Barrier device commonly used during sexual intercourse to reduce the probability of pregnancy and spreading sexually transmitted infections.

Protective Against

Offering a defense or guard from harm, damage, or disease, typically in a health context.

Paraphilia

A condition characterized by abnormal sexual desires, typically involving extreme or dangerous activities.