For questions 3-4, consider the three sequences of incomes below ( P, Q, and R). Each sequence provides a stream of incomes for you, specified below, over the three years. P. Q R 2021 $520 $500 $480 $500 2022 $500 $500 2023 $480 $500 $520 3. Assume that the interest rate is 1%. If we rank the three sequences of payments according to their present value of sequence of payments over the three years, A. P>Q>R. B. R>Q> P. C. P>R> Q. D. R >P> Q. 4. Assume that the interest rate is 3%. If we rank the three sequences df payments according to their present value of sequence of payments over the three years, A. P>Q>R. B.R>Q>P. C. P>R>Q. D. R>P>Q.

For questions 3-4, consider the three sequences of incomes below ( P, Q, and R). Each sequence provides a stream of incomes for you, specified below, over the three years. P. Q R 2021 $520 $500 $480 $500 2022 $500 $500 2023 $480 $500 $520 3. Assume that the interest rate is 1%. If we rank the three sequences of payments according to their present value of sequence of payments over the three years, A. P>Q>R. B. R>Q> P. C. P>R> Q. D. R >P> Q. 4. Assume that the interest rate is 3%. If we rank the three sequences df payments according to their present value of sequence of payments over the three years, A. P>Q>R. B.R>Q>P. C. P>R>Q. D. R>P>Q.

ENGR.ECONOMIC ANALYSIS

14th Edition

ISBN:9780190931919

Author:NEWNAN

Publisher:NEWNAN

Chapter1: Making Economics Decisions

Section: Chapter Questions

Problem 1QTC

See similar textbooks

Similar questions

What is the Deferred Savings Plan?
Of the following, which good has the most elastic demand? A) a specific brand of cereal O B) cereal O C) breakfast food O D) food
What are standard deductions?
how you know what c value to look at
Typed plz and asap thanks
Find APS if savings is $505 and the income is $810
how to calculate future value
What is a transfer payment?
how did you get 30.205?
Calculate the value of APS when savings is $2500 and income is $2800