In order to compute the present value of an annuity, it is necessary to know the 1. discount rate. 2. number of discount periods and the amount of the periodic payments or receipts. ○ 1 O something in addition to 1 and 2 O both 1 and 2 ○ 2

FINANCIAL ACCOUNTING
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ISBN:9781259964947
Author:Libby
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Chapter1: Financial Statements And Business Decisions
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In order to compute the present value of an annuity, it is necessary to know the
1.
discount rate.
2.
number of discount periods and the amount of the periodic payments or receipts.
○ 1
O something in addition to 1 and 2
O both 1 and 2
○ 2
Transcribed Image Text:In order to compute the present value of an annuity, it is necessary to know the 1. discount rate. 2. number of discount periods and the amount of the periodic payments or receipts. ○ 1 O something in addition to 1 and 2 O both 1 and 2 ○ 2
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