You Are the Recipient of an Inheritance That Will Pay

question 13

Multiple Choice

You are the recipient of an inheritance that will pay you and your heirs $13,000 a year forever.What is this inheritance worth today at a discount rate of 5.85 percent?

• A)$222,222.22
• B)$239,250.00
• C)$211,953.94
• D)$241,141.41
• E)$236,004.98

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Definitions:

Table Design View

A database view that allows for the detailed definition and modification of a table's structure, including fields, types, and properties.

Field Properties Pane

A user interface section in database and form design tools that allows users to set and modify the attributes or properties of a database field.

Required Property

A setting in programming and database fields that indicates a field must have a value before a record can be saved or a form submitted.

Field

A component of a database table that holds individual pieces of data, serving as the smallest unit of data storage, like an email address or ID number, in a structured format.