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LenKa [72]
2 years ago
9

You plan to deposit $13,000 in a bank account at the end of the year. Next year you will deposit $10,000, then $10,000 in the th

ird year, and $4000 in the fourth year. What is the PV if the discount rate is 5%
Business
1 answer:
AlladinOne [14]2 years ago
3 0

The present value for the investment and deposits as given in the condition above will be $33380.43.

<h3>What is present value?</h3>

The certain amount of the current value of an investment, which is definite to occur in future at a compounded rate of interest for any given period, is known as the present value of an annuity.

The computation of present value for the above condition will be,

\rm Present\ Value= \dfrac{Cash\ Flow}{1+Rate\ of\ Discount\ ^t^i^m^e}\\\\\rm Present\ Value= \dfrac{13000}{1.05}+ \dfrac{10000}{1.05^2}+ \dfrac{10000}{1.05^3}+ \dfrac{4000}{1.05^4}\\\\\rm Present\ Value= \$33380.43

Hence, the computation of the present value is as aforementioned.

Learn more about present value here:

brainly.com/question/17322936

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Which statement is TRUE regarding a 28-year old woman who inherits he grandfather's IRA? A. She may delay distributions until sh
frosja888 [35]

Answer:

C. She may receive distributions over her expected life

Explanation:

The deal that derives that if there is one inherits so IRA could be inherited from the spouse. In this case, the fund would remain in the IRA with no tax outstanding unless the spouse continues for taking the distributions it could be started by age 70 and half.

If we skip the given away option that implies the transfer the IRA in a Beneficiary Distribution Account. Also the distributions arise when there is a depletion over the five years

Since she is 28 years old so the expected life is for another 50 + years or more so it decreases the needed yearly distribution

Therefore the option C is correct

5 0
3 years ago
Which of the following is not a vertebrate
tensa zangetsu [6.8K]

Answer:

none of the above

Explanation:

an eagle is a vertebrate,it has a vertebral column

a whale also has a back bone

symbiosis is a relationship where organisms interact and they both benefit

saprophytism is a state of feeding on dead organisms

4 0
3 years ago
Which technical review is held during the engineering and manufacturing development phase to assess the final design after the “
Alona [7]
The appropriate response is Critical Design Review. A CDR surveys the framework last outline as caught in item determinations for every CI in the framework's item gauge and guarantees that every arrangement thing in the Product Baseline has been caught in the nitty gritty plan documentation.
4 0
4 years ago
Work in process, beginning $14,000 Work in process, ending 20,000 Direct labor costs 4,000 Cost of goods manufactured 8,000 Fact
ohaa [14]

The cost of the direct material that's used will be $2000.

<h3>How to calculate the cost?</h3>

The direct material used will be calculated thus:

= Total manufacturing cost - Factory overhead - Direct labor cost

= 14000 - 8000 - 4000

= 2000

In conclusion, the correct option is 2000.

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brainly.com/question/25109150

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3 0
2 years ago
The unemployment rate in an economy is 7.5 percent. The total population of the economy is 250 million and the size of the civil
Masteriza [31]

The number of employed workers in this economy is A. 13.5 million

Explanation:

The number of unemployed people in the economy means the percentage of people who are actively seeking employment but cannot find a job for sustenance.

Thus, the ones who are seeking a job are the only ones that can be considered here.

So, the total population cannot be considered and the pool that justifies this demographic is the total labor force which is 180 million.

And the number of unemployed people would be calculated by multiplying the percentage of them with the total labor force which would be

7.5 * 180 = 13.5 million people.

Thus 13.5 people in the force are unemployed.

5 0
4 years ago
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