The Present Value of an Ordinary Annuity of $2,350 Each

question 70

Multiple Choice

The present value of an ordinary annuity of $2,350 each year for eight years, assuming an opportunity cost of 11 percent, is ________.

• A) $ 1,020
• B) $27,869
• C) $18,800
• D) $12,093

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An organized event dedicated to the screening and appreciation of films, usually focusing on specific genres, themes, or filmmakers.

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The process of nullifying or terminating an order, subscription, service, or agreement.

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The connection or relationship between two events where one is understood to be a consequence of the other.

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