Bayt.com

Start networking and exchanging professional insights

Register now or log in to join your professional community.

Follow

You want to buy an ordinary annuity that will pay you $4,000 a year for the next 20 years.

 You expect annual interest rates will be8 percent over that time period. The maximum price you would be willing to pay for the annuity is closest to

 

$32,000.

 

$39,272.

 

$40,000.

 

$80,000.

ERP Audit Management Project Management Business Development Management
user-image
Question added by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company
Date Posted: 2015/03/22
Upvote (2) Views (32) Followers (5) Answers (4) Report Question
Write an Answer
Register now or log in to answer.
Deleted user

The correct answer is $39272

Deleted user

Agree with your answer

Thanks

Wasi Rahman Sheikh
by Wasi Rahman Sheikh , WAREHOUSE SUPERVISOR , AL MUTLAQ FURNITURE MFG

Agreed with Mr. Emad<<<<<<<<<<<<<<<<<<<<

Emad Mohammed said abdalla
by Emad Mohammed said abdalla , ERP & IT Software, operation general manager . , AL DOHA Company

>>>>>>> The answer will be $39,272.

Write Your Answer
More Questions Like This

Do you need help in adding the right keywords to your CV? Let our CV writing experts help you.

Get Help