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Below Is a Table for the Present Value of $1

question 142

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Below is a table for the present value of $1 at Compound interest. Below is a table for the present value of $1 at Compound interest.  Below is a table for the present value of an annuity of $1 at compound interest.   Using the tables above, what is the present value of $4,000 (rounded to the nearest dollar)  to be received at the end of each of the next four years, assuming an earnings rate of 12%? A)  $2,544 B)  $1,000 C)  $12,148 D)  $14,420Below is a table for the present value of an annuity of $1 at compound interest.
Below is a table for the present value of $1 at Compound interest.  Below is a table for the present value of an annuity of $1 at compound interest.   Using the tables above, what is the present value of $4,000 (rounded to the nearest dollar)  to be received at the end of each of the next four years, assuming an earnings rate of 12%? A)  $2,544 B)  $1,000 C)  $12,148 D)  $14,420 Using the tables above, what is the present value of $4,000 (rounded to the nearest dollar) to be received at the end of each of the next four years, assuming an earnings rate of 12%?


Definitions:

Income

The extraction of financial value, repetitively over time, from working engagements or investment pursuits.

Income Elasticity

A measure of how much the demand for a good or service changes with a change in the consumer's income.

Per Capita

A statistical measure that represents the average per person of a particular indicator, such as income or GDP.

Disposable Income

The sum of funds households can allocate for expenditure and saving once income taxes are deducted.

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