Answer:
a. QUARTERBACK'S CONTRACT
Year Cashflow [email protected]% PV
$'m $'m
1-5 (3.60) 3.7908 (13.65)
PV (13.65)
b. LESS FAMOUS RECEIVER
Year Cashflow [email protected]% PV
$'m $'m
0 (4.00) 1.00 (4.00)
1-5 (2.60) 3.7908 (9.86)
PV (13.86)
The less famous receiver is better paid because he received the highest present value.
Explanation:
In this case, there is need to calculate the present value of each contract by multiplying the annual cash outlay by the discount factor. The discount factor is obtained from the present value of annuity factor table of 10% for 5 years.
Here is some advice. Do not sound too pushy. Maybe choose two of those to give to her, and then bring her to a restaurant that you think she will like.
Answer:
False
Explanation:
Caleb is liable for negligence if the accident wasn't caused by him, but was caused by another vehicle.
For negligence theory to be true in this case the following must happen;
1. Caleb must make a mistake
2. The mistake must cause damage to Duffy
3. The mistake must not be of catastrophe
The additional amount over the amount borrowed that the consumer must repay. This includes fees, interest, and other charges.
