Answer :
The equivalent annual annuity of GSU-3300 = 6,520.30
Explanation :
The computation of the equivalent annual annuity of the GSU -3,300 is shown below:
As per the data given in the question,
For GSU-3300, Cash flow =$25,010
Time = 8 years
Cost = $99,984
For UGA-3300, Cash flow = $28,975
Time = 9 years
Cost $123,069
Based on this,
The equivalent annual annuity of GSU-3300 is
= -$99,984 × 9.63% ÷ {1 -1 ÷ (1 + 9.63%)^8} + $25,010
= 6,520.299
= 6,520.30
Answer:
The correct answer is Bond indenture.
Explanation:
The bond indenture is a contract through which a person called a guarantor is obliged to respond for the obligation of the principal debtor, it is an accessory obligation under which one or more persons respond to an obligation of another, committing to the creditor to comply with it in whole or in part, if the principal debtor does not comply.
The bond is held for the purpose of guaranteeing a third party obligation, but in which the creditor can only charge the guarantor when the principal debtor of the obligation does not comply.
Answer:
The correct answer is: 36 months or 3 years.
Explanation:
The Department of Treasury Circular 230 establishes the regulations for all those professionals who represent individuals before the Internal Revenue Service (<em>IRS</em>) such as <em>lawyers </em>and <em>accountants</em>. In section 10.29 there is a retention requirement in front of conflict of interest that implies waivers or consents to be retained by the tax professional for <em>3 years post-representation</em> and made available to the IRS if requested.
Answer:
You must invest each month, starting next month, for 3 months at a rate of 5% compounded monthly $975.36, in order to just covert the cost of the camp of your child.
Explanation:
Hi, we need to equal the future value of an annuity to the value of $1,000 per month, for 3 months in month 6, in order to pay from month 7 through 9 for the camp, using a discount rate of 5% APR, (which is 0.05/12=0.004167 or 0.4167% effective monthly). The equation we need to solve for "A" is as follows.
So, you need to invest $975.36, for 3 months, starting next month, in order to pay all three months of camping, starting in month 7 (included) through month 9, at 5% APR (compounded monthly).
Best of luck.
Answer:
if the FED wants to increase interest rates, it will generally engage in a contractionary monetary policy. This means that it will decrease the money supply in the economy. A contractionary monetary policy takes place when the FED starts to sell US securities and that way it will take away money from the economy. But in order to make more people want to purchase the securities, it will generally increase the interest rates.
Explanation:
