Answer:
$ 1,723.76
Explanation:
Given:
Interest factor = 4.641
Rate of interest, r = 10%
Future value of the annuity = $ 8,000
Now,
The future value of annuity is calculated as
=
Where,
P = Principal payable
r = interest rate
n = number of payments
thus, on substituting the values, we get
$8,000 = P × Interest factor
or
$ 8,000 = P × 4.641
or
Annual payment, P = $ 1,723.76
Answer:
d customer
Explanation:
because people buy memberships to the gym
hope it helps
Find a convenient and reasonable unit of measurement to use, then divide the cost of the package by the number of units chosen in that package.
A sole proprietor has unlimited personal liability for all business debts and obligations.
<h3>Who is a
sole proprietor?</h3>
A sole proprietor is the owner of a sole proprietorship. A sole proprietorship is a type of business that is owned by one person.
A sole proprietor and the business are regarded as a single person under the law. Thus, a sole proprietor has an unlimited liability. An unlimited liability means that in event of default, both the e property of the business and the sole proprietor can be seized.
To learn more about sole proprietorship , please check: brainly.com/question/1428023
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