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  1. business
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  3. your company will generate $62,000 in annual reven

Your company will generate $62,000 in annual revenue each year for the next eight years...

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Accounting

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Your company will generate $62,000 in annual revenue each year for the next eight years from a new information database. If the appropriate interest rate is 825 percent, what is the present value of the savings? (Do not round intermediate calculations and round your final answer to 2 decimal places. (e.g., 32.16))You are considering an annuity which costs $97,767 today. The annuity pays $6,400 a year. The rate of return is 6 percent. What is the length of the annuity time period? (Do not round intermediate calculations.) 12.70 years 42.62 years 143.65 years 15.28 years 21.31 years You just paid $356,000 for a policy that will pay you and your heirs $12.800 a year forever. What rate of return are you earning on this policy? 3.87 percent 3.47 percent 3.60 percent 3.35 percent 2.00 percent

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