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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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Efficiency means everyone in the economy should receive an equal share of the goods and services produced.
Rudiy27

Answer:

true

Explanation:

i agree thats equal rights

i think

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2 years ago
Craft, Inc. normally produces between 120,000 and 150,000 units each year. Producing more than 150,000 units alters the company'
Yanka [14]

Answer:

The correct answer to the given question is Relevant range.

Explanation:

Relevant range , in accounting , can be defined as that amount of activity or range of volume where company's fixed expenses would not differ as the volume of activity changes. This term has relevance with the fixed cost, as if a company's volume decreases then company would try to decrease their fixed cost and similarly if the volume increases the company's fixed expenses would also increase.

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2 years ago
A 2014 survey of 1,500 top managers, showed that only approximately _____% of companies achieved breakthrough innovation.
marusya05 [52]

Answer:

c

Explanation:

8 0
2 years ago
Read 2 more answers
What do stocks and bonds do?
denpristay [2]

Answer:

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8 0
2 years ago
Next week, super discount airlines has a flight from new york to los angeles that will be booked to capacity. the airline knows
Setler79 [48]
The cost of underestimating the demand is considered a revenue loss that arises due to cancellation of flight costing $134. Hence, cost of underetimating the demand is C_u=\$134.

The cost of overestimating the demand is known as rewards. For example, free round trip ticket worth $263. Hence, the cost of overestimating the demand is C_o=\$263.

\frac{C_u}{C_u+C_o} = \frac{134}{134+263}  \\  \\ = \frac{134}{397} =0.3375

The z-score that yields a p-value of 0.3375 is -0.4193.

Thus, super discount airlines should overbook the flight by 35 + (-0.4193 x 24) = 35 - 10.0632 = 24.9368 = 25 seats.

Therefore, super discount airlines should overbook the flight by 25 seats.
4 0
3 years ago
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