What Is the Present Value (PV)of an Investment That Pays

question 95

Multiple Choice

What is the present value (PV) of an investment that pays $10,000 every year for four years if the interest rate is 7% APR,compounded quarterly?

• A)$33,730
• B)$33,872
• C)$38,680
• D)$40,000
• E)$30,516

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Definitions:

Zoophilia

A sexual interest characterized by an attraction to animals other than humans.

Sexual Pleasure

The physical and/or emotional satisfaction derived from sexual activities or thoughts.

Animals

Multicellular, eukaryotic organisms in the kingdom Animalia or Metazoa, characterized by their ability to move voluntarily and consume organic material.

Exhibitionism

A paraphilia characterized by the recurrent urge or behavior to expose one's genitals to an unsuspecting person for sexual pleasure.