37. The interest rate is 8 percent. What is the future value? An effective. $58,471. B. $62,440. C. $67,435. D. $72,435.
38. Ambrin Corp. expects to receive $2,000 per year for 10 years and $3,500 per year for the next 10 years. What is the present value of this 20 year cash flow? Use an 11% discount rate. (więcej…)