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Rina8888 [55]
3 years ago
7

Compute the present value of an $1,350 payment made in nine years when the discount rate is 11 percent. (Do not round intermedia

te calculations. Round your answer to 2 decimal places.)
Business
1 answer:
xeze [42]3 years ago
3 0

Answer:

<h2>The present value of PV in this case is $527.76 approximately.</h2>

Explanation:

The mathematical or accounting formula of Present Value(PV)=\frac{FV}{(i+r)^{n} } where FV denotes the future cash payment to be made,r represents the discount rate and n is the number of years in which the future payment has to made.Here,the future cash payment of FV is given as $1350,the discount rate is 11% or 0.11 and the number of years in which the FV has to be paid is 9 years.

Hence,PV in this case=\frac{1350}{(1+0.11)^{9} }=\frac{1350}{(1.11)^{9} }=\frac{1350}{2.5580 }=527.76 dollars approximately

Therefore,based on the information given the PV in this case is $527.76 approximately.

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sentiment analysis

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Refer to Landfall Service. Because the company is known for its ability to produce lawn furniture more efficiently than any othe
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The company must have absolute advantage.

Having been in business for a while, Landfall Service is a provider of outdoor furniture. Greater than any other company in the country, it is renowned for its capacity to make furniture quickly. The truth is that no rival businesses exist in any other country. Many of the items offered by Landfall Service have been exported. Actually, sales outside of the United States account for 80% of company income. In order to support domestic businesses, the Italian government has slapped a tax on imported furniture. On the other hand, because the government wanted a piece of the action, the Brazilian government levied taxes on Landfall Service items.

Learn more about Absolute Advantage Here

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Karina looked at her paycheck stub. Her gross pay was $245 and her net pay was $200. How much did she have in deductions?
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In the sequential method, it should be noted that a company allocates the service costs one department at a time. Once the service department cost is allocated by the accountants, the department won't get any other costs from the other service departments.

The statement that is false about the order in which management determines the sequencing of support department allocations under the sequential method of allocating support department costs to production departments is that the departments with more employees are allocated earlier.

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