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sergij07 [2.7K]
3 years ago
10

When they are first​ born, Grandma gives each of her grandchildren a ​$4 comma 000 savings bond that matures in 18 years. For ea

ch of the following​ grandchildren, what is the present value of each savings bonds if the current discount rate is 4.5​%?
Business
1 answer:
ladessa [460]3 years ago
5 0

Answer:

The answer is $1811.20

Explanation:

PV = C( 1+i)^-n

PV = 4000(1.045)^-18 = $1811.20

You might be interested in
.3Simba and Zola are married but file separate returns. Simba received $80,000 of salary and $1,200 of taxable dividends on stoc
Sidana [21]

Answer:

Zola's gross income is worked out under community property state;

Explanation:

community property state

Dividends ($1200/2)                               $600

Interest on certificate of deposit  ($900/2)     $450

Salary               ($80,000/2)                          $40,000

Gross income                                         $41,050

Under community law system, all the property is deemed to be community property and is held jointly by the spouses unless the property is acquired before marriage or inheritance or gift.

For federal tax purposes, each spouse is taxed one and half of the property belonging to community. Therefore Zola is taxed 50% for the incomes of her spouse as well including the interest on certificate of deposit.

6 0
3 years ago
AJ Manufacturing Company incurred $54,000 of fixed product cost and $43,200 of variable product cost during its first year of op
kvv77 [185]

Answer:

Explanation:

The preparation of the income statement is presented below using the generally accepted accounting Principles (GAAP) :

Sales $176,000

Less: Cost of goods sold ($97,200)         ($54,000 + $43,200)

Gross margin $78,800

Less: Selling and administrative cost ($31,000)    ($17,200 + $13,800)

Net income $47,800

Hence, we considered all the given information

8 0
3 years ago
A study by the National Bureau of Economic Research (NBER) examined the responsiveness of consumers to changes in gasoline price
Y_Kistochka [10]

Answer:

Gasoline consumption will decrease by a small amount.

Explanation:

A coefficient of elasticity of less than one indicates that demand is inelastic.

Inelastic demand means that there's little or no change in quantity demanded when there's a change in the price of a product.

Quantity demanded has little or no sensitivity to changes in price.

If the coefficient of elasticity is greater than one, demand is elastic.

Elastic demand is when a small change in price has a greater effect on the quantity demanded.

If the coefficient of elasticity were equal to one, it means that demand is unit elastic.

Unit elastic demand means a change in price leads to the same proportional change on quantity demanded.

I hope my answer helps you

3 0
3 years ago
A researcher who is conducting observations to test her own hypothesis may see or pay more attention to behavior that tends to s
siniylev [52]

Answer:

The answer is option C) Sampling Bias

Explanation:

A researcher who is conducting observations to test her own hypothesis may see or pay more attention to behavior that tends to support that hypothesis, so she must guard against observer bias

Observer bias is the tendency to allow how we feel or what we expect influence what we see.

As a researcher conducting observations to test her own hypothesis, it is possible that she may feel or think a certain way that will influence her observation.

knowledge of observation bias and how to guard against it will help her eliminate such error.

8 0
3 years ago
If an excise tax is imposed on restaurant meals, a. fewer meals will be produced and sold b. more meals will be produced and sol
solniwko [45]

Answer:

Correct option is (a)

Explanation:

Excise tax is an indirect tax which is not imposed on customers directly. Excise tax is imposed on producers or sellers for goods produced and they in turn transfer the burden of tax on customers in the form of higher prices. That is why, it is called indirect tax.

It is usually imposed on those goods such as liquor and tobacco whose consumption the Government needs to decrease. If excise tax is imposed on restaurant meals, then the restaurant will be able to produce and sell less at the same price it was charging earlier. If the restaurant wishes to sell more, then it will have to charge higher price.

6 0
3 years ago
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