Answer:
$ 146,998.94
Explanation:
The applicable formula in this case is the present of annuity due.The amount of annual lease rental needs to be stated to present value equivalence by discounting all future cash flows of lease rentals to today's equivalent worth.
PV=PMT*(1/i-1/i(1+i)^n)*(1+i)
i is the rate of return of 8% OR 0.08
n is the number of years which is 7
PMT is the yearly lease rental of $26143
PV=26143*(1/0.08-1/0.08(1+0.08)^7)*(1+0.08)
PV=26143*(1/0.08-1/0.137106)*(1+0.08)
PV=26143*(12.5-7.293629941
)*(1.08)
PV=26143*5.206370059
*1.08
PV= 146,998.94
Federal direct student loans are the most suitable option for students who need to borrow money to spend for college. Unlike private student loans, federal direct student loans don't need a credit history or a co-signer. They also show borrowers more repayment options and protections to control default.
<h3>
What is the risk of the federal student loan?</h3>
Unfortunately, student loan capital won't be yours forever, and the lending institution will usually be expecting repayment. The student loan will be an expense to spend as well as any regular bills until the loan is paid for. If you skip a payment, your credit score may get more destructive.
To learn more about federal student loans visit the link
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Judd works in the warehouse at home depot. What would be an external equity pay comparison is <u>employees in other organizations are paid for doing the same general job</u><u>.</u>
<h3>What is an external equity pay comparison?</h3>
External equity compares pay in your business against the external market. With external equity, you can see what the external market is paying for similar jobs within your industry.
Therefore, the correct answer is as given above
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No fear Shakespeare, king lear
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a. The population of this study consists of all subscribers to Bloomberg Newsweek in North America.
b. Quantitative variables are those that can be measured numerically. Annual income is a quantitative variable since it can be expressed in numbers.
c. Categorical variables are those that can’t be quantified. They can only take on a fixed number of values. In this case, the question ‘do you own an American express credit card’ can take on only two values – Yes or No. So, the ownership of an American Express credit card is a categorical variable.
d. The data above gives two different values that describe the same population at the same time, it involves cross-sectional data.
Time-series data refers to data that is collected at equally spaced time intervals. For e.g. production of wheat in each year for the last 10 years, the amount of rainfall received over each of the last five years etc.
Cross-sectional data refers to data from many (similar)individual groups at one given point in time. For e.g. Prices of different varieties of corn on a particular day.
e. On the basis of the survey, Bloomberg Newsweek might infer that at least some of its subscribers with an income of $75,000 or more have an American Express credit card.