Assuming interest rates were 6% per annum, what would be the present value of the $50,000 per year for 30 years payment stream? Use the tables or a financial calculator
A) $688,242
B) $1,500,000
C) $700,002
D) $693,974
Answer: A
Business
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When an agency decides to promulgate a rule and the draft is ready, the agency publishes it as a proposed rule in the:
A. Code of Federal Regulations. B. Official Congressional Directory. C. United States Reports. D. Federal Register.
Business
When compared to merchant wholesalers, brokers and agents ________
A) perform more extensive functions B) do not take title to goods C) deal only in services and not products D) do not engage in any negotiation of wholesale deals E) rarely specialize in one product category or customer type
Business