At Westonci.ca, we make it easy for you to get the answers you need from a community of knowledgeable individuals. Join our Q&A platform and get accurate answers to all your questions from professionals across multiple disciplines. Our platform offers a seamless experience for finding reliable answers from a network of knowledgeable professionals.
Sagot :
Present Value of a Perpetuity = Annual Payment ÷ Discount Rate
=$40,000 ÷ 6.75
=$ 5925.92
Present inheritance = $5925.92
What does receiving an inheritance mean?
An inheritance is the collection of assets you might receive from a loved one when they pass away. It can include such things as: Cash. investment assets such as stocks or bonds. Real property, including land and real estate.
What is a beneficiary of an inheritance?
Beneficiary is the legal term for someone who will inherit assets from you, regardless of whether the asset has a beneficiary designation on it or not. Another commonly used term is heir, although in legal terms, this refers to the family members who inherit under state law from those who pass away without a will.
Learn more about inheritance of recipient :
brainly.com/question/25997947
#SPJ4
Thank you for choosing our service. We're dedicated to providing the best answers for all your questions. Visit us again. We appreciate your time. Please revisit us for more reliable answers to any questions you may have. We're dedicated to helping you find the answers you need at Westonci.ca. Don't hesitate to return for more.