Using the Present Value Tables,please Compute the Present Value of an Annuity

question 105

Multiple Choice

Using the present value tables,please compute the present value of an annuity which pays $2,000 per year for 10 years,discounted at 7%.

• A) $14,048
• B) $19,240
• C) $18,180
• D) $16,440

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Definitions:

Long-term Organization Goals

Strategic objectives an organization aims to achieve over an extended period, which guide its direction, operations, and efforts for future development and success.

Strategic Management

The continuous planning, observing, analyzing, and evaluating of everything required for a company to achieve its aims and objectives.

Leadership Responsibility

The duty of leaders to guide, support, and drive their teams or organizations towards achieving shared goals.

Company CEO

The Chief Executive Officer, the highest-ranking individual in a company or organization, responsible for making major corporate decisions.