1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nina [5.8K]
2 years ago
12

Your parents have made you two offers. The first offer includes annual gifts of $4,000, $4,500, and $5,200 at the end of each of

the next three years, respectively. The other offer is the payment of one lump sum amount today. You are trying to decide which offer to accept given the fact that your discount rate is 9.7 percent. What is the minimum amount that you will accept today if you are to select the lump sum offer
Business
1 answer:
____ [38]2 years ago
5 0

The minimum amount that you will accept today if you are to select the lump sum offer is $11,324.66.

<h3>What is the present value of the cash flows?</h3>

The minimum amount that you will accept today if you are to select the lump sum offer is known as the present value of the cash flows. Present value is the sum of discounted cash flows.

Present value = ($4000 / 1.097) +  ($4500 / 1.097²) +  ($5200 / 1.097³) = $11,324.66

To learn more about present value, please check: brainly.com/question/26537392

You might be interested in
kim buys a treadmill with a faulty latch. when thinking about her rights as a consumer, kim is most likely concerned about
nlexa [21]

In the above scenario, Kim is most likely concerned about quality and price of the product to replace the faulty one.

<h3>What is consumers right?</h3>

This is known to be the Right to Choose from any goods and services of one's choice.

Note that there are a different kinds of quality products and services at competitive prices and as such, In the above scenario, Kim is most likely concerned about quality and price of the product to replace the faulty one.

Learn more about right from

brainly.com/question/19681204

#SPJ1

3 0
2 years ago
When the CEO of an organization redesigns the organizational chart to define different reporting relationships among the organiz
alex41 [277]

Answer:

The correct answer is: command groups.

Explanation:

Formal groups are created by the organization and are intentionally designed to direct members towards an important objective of the organization. A type of formal group is referred to as a group of commands (that is, those that can legitimately give orders to others). Formal organization group can also be formed around a specific task. This group is known as a task group. Unlike command groups, a work group can be made up of people with some special interest or experience in a given area, regardless of their positions in the hierarchy of the organization. It consists of managers, subordinates, or both, with close relationships between group members that influence the behavior of individuals in the group.

6 0
3 years ago
.Dorothy Fonda is an unmarried head of household with the following income for the year: Wages $34,500 Bank interest $275 Munici
anygoal [31]

Answer:

$33,850.00

Explanation:

The computation of the Adjusted gross income (AGI) is shown below:

= Wages + bank interest + lottery price - standard deduction

= $34,500 + $275 + $325 - $1,250

= $33,850

The standard deduction is a contribution to her traditional IRA. All other items which are given in the question are not relevant. Hence, we ignored it

4 0
3 years ago
Read 2 more answers
According to the Centers for Disease Control and Prevention, "SIDS is defined as the sudden death of an infant less than 1 year
SSSSS [86.1K]

Answer: True

Explanation:

According to the CDC, Sudden Infant Death Syndrome (SIDS) is the leading cause of children dying unexpectedly and without immediately apparent causes and is said to happen to an 3,700 infants annually.

Sudden Infant Death Syndrome (SIDS) is defined by the CDC as <em>the sudden death of an infant less than 1 year of age that cannot be explained after a thorough investigation is conducted</em>.

SIDS falls under Sudden Unexpected Infant Death (SUID) which is the unexplained death of a child before investigation and as well as SIDS can include infections and accidental suffocation.

5 0
3 years ago
Andrew Flint is the CEO of a small, publicly held company based in Idaho Falls, Idaho. Flint earned $76,000 last year as CEO. In
Natasha2012 [34]

Answer:

D, Flint can simply write ot the SEC to voice his concerns.

Explanation:

Since Flint does not have a case that warrants a court challenge but rather an observation, Flint can simply write to the SEC to intimate them about his observations and/or findings, as well as let the SEC know the position of his company on the rule being proposed by it.

Cheers.

6 0
3 years ago
Other questions:
  • Dallas Company uses a job order costing system. The company's executives estimated that direct labor would be $3,750,000 (250,00
    8·1 answer
  • Ronen Consulting has just realized an accounting error that has resulted in an unfunded liability of $ 398 comma 930 due in 28 y
    11·1 answer
  • Economic nationalism called for nations to strike trade deals with other nations colonies
    7·1 answer
  • Companies racing against rivals for global market leadership need strategic alliances and collaborative partnerships with compan
    13·1 answer
  • Which of the following statements is true of the Age Discrimination in Employment Act?
    11·1 answer
  • Juno Markets is offering 900 shares in a Dutch auction IPO. The following bids have been received: How much will Bidder B have t
    15·1 answer
  • If Sweet Catering had recorded transactions using the Accrual method, how much net income (loss) would they have recorded for th
    7·1 answer
  • WILL GIVE BRAINLIEST!! NEED ASAP
    15·1 answer
  • Which of the following is a similarity between an industrial metrologist and a legal metrologist?
    5·1 answer
  • Suppose Nike, Inc. reported the following plant assets and intangible assets for the year ended May 31, 2022 (in millions): othe
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!