Assume the Prevailing Interest Rate Is 12% Per Annum

question 39

Multiple Choice

Assume the prevailing interest rate is 12% per annum. A 4-year lease agreement requires you to pay $1,000 up front, followed by payments of $800, $600, and $500 at the end of each of the
Following three years, respectively. What would the payment on a 4-year lease with a constant
Annual payment have to offer for you to be indifferent between the two lease options? Assume
That the first payment on the constant annual payment lease will be made at the end of the first
Year, and round your answer to the nearest dollar.

• A)$839
• B)$1,061
• C)$725
• D)none of the above

Understand the permeability characteristics of the neuronal membrane.

Recognize the basis of electrical activity in neurons.

Learn about the molecular structures that form channels in the cell membrane and their functions.

Understand the production and role of large protein anions within neurons.