A person or team can only develop a vision for certain types of jobs, work units, or organization.

Under which life settlement option does the insurer retain the death benefit but pays the beneficiary the earnings on the death benefit?

A. Interest only option B. Accumulate with interest option C. Life income option D. Cash option

Central Mass Ambulance Service can purchase a new ambulance for $200,000 that will provide an annual net cash flow of $50,000 per year for five years. Calculate the NPV of the ambulance if the required rate of return is 9%

(Round your answer to the nearest $1.) A) $50,000 B) $(5,061) C) $(5,517) D) $5,517