Answer: Counteroffer
Explanation: As the primary duties of Pam lies towards her clients, all her efforts should be made to make the deal favorable for her client. Pam should make a counteroffer to the buyer to make the price high enough so at least she"ll be able to ask her client for any negotiation possible. Hence counter offering the client is the best possible way for her .
Answer:
Holly must save $2845.81 at the end of each year
Explanation:
first calculate the value of tuition fees at n = 18
Cash flow formula = Tuition × 
Discounted CF formula = Cash flow ÷ 
10.00% 0
Year Cash flows Discounted CF
0 33,799.32 33799.32
1 36,165.28 32877.52
2 38,696.84 31980.86
3 41,405.62 31108.66
FV = $129,766.37
PV = 0
N = 18
rate = 10%
using PMT function in Excel
Annual contribution = $2845.81
Answer:
2 years and 6 months
Explanation:
after 6months
$1,000 x 10% = $100
$1,000 + $100 = $1,100
after 1 year
$1,100 x 10% = $110
$1,100 + $110 = $1,210
after 1 year and 6 months
$1,210 x 10% = $121
$1,210 + $121 = $1,331
after 2 years
$1,331 x 10% = $133.10
$1,331 + $133.10 = $1,464.10
after 2 years and 6 months
$1,464.10 x 10% = $146.41
$1,464.10 + $146.41 = $1,610.51
Answer:
Beneficiary recognized gain is $510000.
Explanation:
The amount paid by the decedent for the stock = $280000
The market value of the stock at the time of death = $500000
The selling price or the amount received by the beneficiary by the sell of stock = $510000
Since the recognized gain is calculated by subtracting the amount paid by the person to buy the stock from the amount that he receives from the sale of stock. But in this case, the beneficiary pays zero for the stock but gets all the money after selling.
Beneficiary recognized gain = amount received from the sell – the amount paid by the beneficiary.
= $510000 – 0
= $510000
