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
netineya [11]
2 years ago
15

Your rich aunt has promised to give you $2,000 per year at the end of each of the next four years to help you pay for college. U

sing a discount rate of 12%, the present value of the gift can be stated as:_______ A. PV = $2,000 (Annuity FV factor, i = 12%. n = 4). B. PV = $2,000 (Annuity PV factor, i = 12%, n = 4). C. PV = $2,000 (PV factor, i = 4%, n = 12). D. PV = $2,000 times 12% times 4.
Business
1 answer:
jonny [76]2 years ago
6 0

<u>B.</u> (Annuity PV factor, I = 12%, n = 4) PV = $2,000

<h3><u>What Is an Annuity's Present Value Interest Factor?</u></h3>

When the periodic payment amount is multiplied by the present value interest factor of an annuity, the present value of a series of annuities can be calculated. The initial deposit accrues interest at the interest rate (r), which may be expressed as the following formula and perfectly finances a sequence of (n) successive withdrawals:

PVIFA is equal to (1 - (1 + r)n) / r.

Another factor used to calculate the present value of a typical annuity is PVIFA. A PVIFA table, which quickly displays the value of PVIFA, contains the most typical values for both n and r. This table is a very helpful tool for contrasting various scenarios with varied n and r values.

Learn more about the annuity PV factor with the help of the given link:

brainly.com/question/15432294

#SPJ4

You might be interested in
How do banks make money off of the credit they issue
LenaWriter [7]

Answer:

The primary way that banks make money is interest from credit card accounts. When a cardholder fails to repay their entire balance in a given month, interest fees are charged to the account. ... When a retailer accepts a credit card payment, a percentage of the sale goes to the card's issuing ban

Explanation:

3 0
2 years ago
What could this sign is on the left side
Mnenie [13.5K]

Answer:

well the sign on the left showes a coffee and on the right they said twi dollars for the brewed coffee

4 0
2 years ago
Paul's Landscaping purchased $500 of office supplies on credit. The company's policy is to initially record prepaid and unearned
sattari [20]

Answer:

(C) Debit Office supplies, $500; credit Accounts payable, $500

Explanation:

Businesses maintain the office supplies inventory of supplies and record the supplies purchased into this account and expense it afterward with the usage of inventory. In this question offices supplies purchased will be debited to office supplies account. As it is purchased on account so it will be credited to account payable account to make a liability against the transaction.

6 0
3 years ago
Compute the Work-in-Process transferred to the finished goods warehouse on April 30 using the following information:
malfutka [58]

Answer:

$1,100

Explanation:

Computation for the Work-in-Process transferred to the finished goods warehouse on April 30

Work-In-Process Inventory, April 1 300

Direct materials used in production 225

Direct labor costs incurred 400

Manufacturing overhead costs 350

Less Work-In-Process Inventory, April 30 ($175)

Work-in-Process transferred to the finished goods warehouse $1,100

Therefore the Work-in-Process transferred to the finished goods warehouse on April 30 will be $1,100

4 0
3 years ago
A firm improves product quality and adds new product features and models. it also shifts some advertising from building product
marin [14]
The product life cycle (PLC) has 5 stages: product development stage, introduction stage, growth stage, maturity stage and decline stage.<span>
The strategy that includes shifting some advertising from building product awareness to building product conviction and purchase is part of the growth stage of the product life cycle. I</span><span>f the new product satisfies the market, it enters this  growth stage. In the growth stage the sales will start climbing quickly.</span>
6 0
3 years ago
Read 2 more answers
Other questions:
  • ________ refer to people in an organization's buying center who affect the buying decision; they often help define specification
    13·1 answer
  • A limitation of using past performance as a basis for judging actual results is that​ ________. A. future conditions can be diff
    15·1 answer
  • Managers perform an external analysis so that they know about​ ________.
    10·1 answer
  • Which of the following is an aspect of the Project Life cycle Select one: Value to the business being assessed and product innov
    12·1 answer
  • Suppose a bank gets a new deposit of $100 cash and it has a 20% required reserve ratio. If
    8·1 answer
  • An office manager is concerned with declining productivity. Despite the fact that she regularly monitors her clerical staff four
    6·1 answer
  • An example of automatic fiscal policy is Question 19 options: the unemployed automatically become eligible for unemployment bene
    8·1 answer
  • Principal Printing produces custom labels and stationery for companies. In conducting CVP analysis of its Personalized Package,
    6·1 answer
  • Even if it is making economic losses, a perfectly competitive firm should keep operating in the short run so long as the price i
    5·1 answer
  • The two accounting principles that are critical to the adjusting process used in accrual accounting are:_______
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!