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
kykrilka [37]
2 years ago
10

Bill wants to give Maria a $500,000 gift in seven years. If money is worth 6% compounded semiannually, what is Maria's gift wort

h today
Business
1 answer:
faltersainse [42]2 years ago
3 0

Answer:

PV= $332,528.56

Explanation:

Giving the following information:

Future value= $500,000

Number of periods= 7 years

Discount rate= 6% compounded annually

<u>To calculate the present value, we need to use the following formula:</u>

<u></u>

PV= FV/(1+i)^n

PV=  500,000 / (1.06^7)

PV= $332,528.56

You might be interested in
Analyst 1 suggested that the demand curve for newspapers in Baltimore might have shifted to the right because people were becomi
krek1111 [17]

Answer:

A shift to the right of the demand curve can be caused by any factor other than price that increases the willingless of consumers to purchase a product of service (in this case newspapers).

Two other events can result in a shift to the right of the demand curve for newspapers:

  • Local elections are held in Baltimore - when local elections are held, people become more interested in following local news in order to decide their vote, therefore, they are willing to purchase more newspapers.
  • A dramatic event occurs in Baltimore - it could be a natural disaster, a massacre, or an economic crisis, if things become too far from normal, people will want to learn about what is happening, and will look out for information in newspapers.

8 0
3 years ago
Your company rents computers to local businesses and schools. You have 3,000 computers with a book value of $177,500. As a resul
pantera1 [17]

Answer:

The answer is $61,000

Explanation:

An impairment loss is recognized when the carrying amount of an asset is less than its fair value(prevailing market price).

The difference between the carrying value and fair value is written off. Carrying amount is the cost of acquiring an asset minus any subsequent depreciation and impairment charges.

Impairment Loss = Book Value – Market Value

Impairment Loss = $177,500 - $116,500

Impairment loss is $61,000

5 0
3 years ago
2. Because of the tender meat required, which of these cooking methods are the most expensive?
Vlada [557]

Answer:

The correct answer is letter "C": Steaming and broiling.

Explanation:

Steaming and broiling is the process by which food -in this case, meat- is cooked by placing it above a stove that is in heat. It enables to keep the natural flavor of the food and its nutrients. Besides, the shape and the color of the food do not suffer dramatic changes. Though, steaming ovens are expensive. Usually the cost more than $2000 (USD).

4 0
3 years ago
Read 2 more answers
The world is organized by countries and with globalization the world is organized by multinational organizations. First explain
AVprozaik [17]

Answer:

Countries typically have greatest power of inspirations for the most part because of their control and magistrates powers and powerful controls like variations in restrictive setting to satisfy national financial wants. but they'll be limited by Global bodies complete authorizations similar to however United Nations agency bailed out Ellas with non-indulgence measures, however United Nations obligatory authorizations on varied smaller countries, etc.

Correspondingly even massive transnational companies have influence because of their sturdy political association, media backing, generous market portion and client base, Depending concern in minds of state because of their disappointment if any which might cause common negative consequences, but this power is proscribed once direction sees various players UN agency cn additional such massive companies.

5 0
3 years ago
The real-balances effect suggests that a
Anettt [7]

Answer:

A

Explanation:

real-balance effects do not have to so with the valuation of financial assets.

8 0
3 years ago
Other questions:
  • Domebo Corporation has entered into a 7 year lease for a piece of equipment. The annual payment under the lease will be $3,000,
    6·1 answer
  • What economic system is demonstrated by the work at the New York Stock Exchange?
    7·1 answer
  • A manager wants to motivate the maintenance staff to be more productive. She starts by providing training and assures employees
    11·1 answer
  • You have been running a landscaping business called Trim Grass for about two years. You have developed a special blend of grass
    9·1 answer
  • Under its executive stock option plan, N Corporation granted options on January 1, 2021, that permit executives to purchase 12.0
    15·1 answer
  • Your grandmother tells you a dollar doesn't go as far as it used to. She says the " purchasing power" of a dollar is much less t
    11·1 answer
  • Why is that 0.8 in fractional form is 8/10​
    6·1 answer
  • Ken Larch is a tailor. He bought two industrial sewing machines from his father. He placed both machines in service in the same
    10·1 answer
  • The sum of all five terms of an arithmetic sequence is $55$. Find the sum of the first three terms of the sequence if the sum of
    5·1 answer
  • which among these is not a key skills in management .(a) technical skills (b) human skills (c) writing skills​
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!