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xxMikexx [17]
2 years ago
6

You just won the lottery. congratulations! the jackpot is $10,000,000, paid in eight equal annual payments. the first payment on

the lottery jackpot will be made today. in present value terms, you really won —assuming annual interest rate of 8.00%.
Business
1 answer:
USPshnik [31]2 years ago
6 0

Answer:

An annuity that pays $1,000 at the beginning of each year

PTM of the annuity selling for 2,541.15 $   437.50

Present value of the Jackpot:    $62,063,701

Explanation:

Because is at the beginning, the 1,000 will be generating interest right away.

So even the 500 at the beginning will have a slightly higher rate, it cwon't compensate the 1,000 upfront.

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As of 2019, Tom Craddick, the representative with the longest tenure of service, has served ______ years.
Hunter-Best [27]

Answer: 50

Explanation: He is the longest tenure of service

3 0
2 years ago
I have question with it can you help me please??​
Simora [160]

Answer:

Pick-up Later:

Set a pickup date

Process the transaction

Place all the items in the pickup area near the front of the store

Place a note on the items indicating they are sold.

Explanation:

The purpose of the above procedure is to enable the customer to take delivery of purchased goods hitch-free.  The pick-up area needs to be covered against rain so that the mulch and topsoil do not degrade.  It is assumed that the customer's contact information and payment have been secured before the arrangement for pick-up later.

5 0
3 years ago
A company that creates education products is planning to create a suite of books to help customers prepare for high-stakes tests
GalinKa [24]

Answer:

Explanation:

Since they do not have enough writers to create all of the books then the best option would be to focus on and create Prep for the Grad School Entry Test, Prep for the Law School Entry Test, and Prep for the Medical School Entry Test. This would be the best option since the Grad School Entry Test will prepare students of a wide range of different careers. On the other hand, the two hardest and longest careers are that of Law and Medical School which should get their own books in order for the students to be better prepared.

6 0
3 years ago
Outstanding stock of the West Corporation included 40,000 shares of $5 par common stock and 10,000 shares of 5%, $10 par non-cum
Assoli18 [71]

Answer:

Dividend paid = (5%× 10,000 × $10) = $5000.

Explanation:

<em>Preference shares entitles the holders to  participate in a fixed dividend out of the profit made by the company. The divide is always a fixed percentage of the nominal value of the preference shares</em>

It can be cumulative and non-accumulate.

Cumulative <em>simply implies that should the company misses the payment of dividend in a particular year such unpaid dividend would be carried carried forward and paid in arrears in the following year/</em>

Non-cumulative i<em>s the exact opposite of the case . Here, unpaid dividends are not paid in arrears in fact such are forfeited for life.</em>

Dividend in Year 1

Dividend paid in Year 1 was $ 4000 but ought to be $5,000 (5%× 10,000 × $10). An arrear of $1000

Dividend in Year   2

Dividend paid = (5%× 10,000 × $10) = $5000.

Note that the unpaid dividend of $1,000 in year 1 is lost forever

3 0
3 years ago
Marisol recently put her house on the market at an asking price of $260,000. She realizes, however, that in order to sell the ho
lukranit [14]

Maria recently put her house on the market at an asking price of $260,000. She realizes, however, that in order to sell the house, she may have to use price skimming

<h3>What is price skimming?</h3>

Price skimming is a pricing strategy that a company can use when launching a new product or service.

Price skimming is commonly used for new technologies. DVD players are an excellent example of this. When DVD players first became available in the late 1990s, they could cost up to $1,000. If you do a quick search on Amazon, you'll find that a new DVD player costs only $33.

The pricing strategy will be influenced by the stage of the product's life cycle. The process of charging a relatively high price for a product is referred to as price skimming. When a product is new to the market, skimming is commonly used (in its introduction or growth phase)

To know more about price skimming follow the link:

brainly.com/question/24263055

#SPJ4

3 0
1 year ago
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