Major advantage of flexible spending accounts

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Reference no: EM131958571

1. You are given an investment to analyze. The cash flows from this investment are End of year

1. $15,630

2. $1,950

3. $15,030

4. $28,720

5. $4,540

What is the present value of this investment if 5 percent per year is the appropriate discount rate?

2. A major advantage of flexible spending accounts is

1. dependent care expenses are covered

2. unused funds revert to a 401 K

3. unused funds revert to the employer

4. it is regulated by the employer

5. none of the above.

Reference no: EM131958571

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