What is the present value of an annuity of $12 received at the end of each year for seven years? Assume a discount rate of 11%. The first payment will be received one year from today (round to the nearest $1)
A) $25
B) $40
C) $57
D) $118
Answer: C
Business
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Indicate whether the statement is true or false
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A major human relations problem noted with multitasking is that it often
A) creates a strong bond between the receiver and sender of the message. B) creates an ethical problem for the receiver and sender of the message. C) trivializes the person with whom the multitasking person is dealing. D) over-inflates the ego of the person with whom the multitasking person is dealing.
Business