1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
frosja888 [35]
4 years ago
14

(ignore income taxes in this problem.) peter wants to buy a computer which he expects to save him $4,000 each year in bookkeepin

g costs. the computer will last for five years, and at the end of five years it will have no salvage value. if peter's required rate of return is 12%, what is the maximum price peter should be willing to pay for the computer now?
Business
2 answers:
Tanya [424]4 years ago
8 0
To answer this item, we should be able to calculate for the present worth of the item that is expected to give an annuity of $4,000.

The equation that would allow us to calculate for the present worth from simple annuity is,

                                P = A x ((1 + i)^n - 1) / i(1 + i)^n))

Substituting the known value for A, i and n.

                               P = ($4000) x ((1 + 0.12)^5 - 1)/ 0.12(1 + 0.12)^5))

                               P = 14,419

Thus, Peter would have to be willing to pay for the computer for $14,419. 
Zinaida [17]4 years ago
7 0

Answer:

14419

Explanation:

You might be interested in
What primary risk are business owners taking when selling shares of their companies?
4vir4ik [10]

answer:

giving away a percentage of their company and maybe losing their power as only one leader.

explanation:

  • this question was already answered
  • credits: brainly.com/question/1957314

5 0
3 years ago
Wanna be friends lolll
Ann [662]

Answer:

nope but thanks for asking

Explanation:

6 0
3 years ago
Read 2 more answers
A lender will normally lend funds if he needs it to make a purchase?<br>True<br>O<br>False​
olga nikolaevna [1]

Answer:

False​

Explanation:

A lender is any individual or institution that advances funds to another entity on conditions that they repay. Most lenders are commercial institutions that make funds available to individuals and firms at a cost. In other words, lenders provide credit services to households and businesses.

Borrowers seek funds from lenders. It is the borrower who requires funds to finance planned activities.

3 0
3 years ago
During January, the solar cell factory begins 57,000 solar cells, and completes 53,000 of them. The remaining 4,000 solar cells
pogonyaev

Answer:

"2000 units" is the right solution.

Explanation:

The given values are:

Transferred from WIP,

= 53,000 units

Units sold,

= 61,000 units

Beginning inventory,

= 10000 units

Now,

The total number of finished goods will be:

= ( Beginning \Inventory + Transferred \ from \ WIP - Units \ Sold )

On substituting the values, we get

= ( 10000 + 53000 - 61000 )

= 2000 \ Units

4 0
3 years ago
Aurora and Oscar separated in 2017 and divorced in October 2019. She earned $40,000 in wages and paid more than half the cost of
Delvig [45]

Answer: The answer is C credit for other dependents

Explanation:

This is a reduction in tax liability given by the government to the tax payers for each of their children who still depends on the parent for some kind of support. The reduction in the tax liability given to parents include a sum of $500 for each of the children who still depend on their parents. This form of tax credit is given to children who is between the ages of 17- 23 years like in the case of Milo who is 17 years and unmarried. The chiidren who will enjoy this reduction in tax liability must be a students like in the case of Milo who is a full - time student working towards a degree in computer information system.

The tax credit criteria for qualification also include that the tax payers must be the one responsible for half of the dependent support, in addition, the dependent income must be low like in the case of Milo above whose income was $3,800 in wages and $400 of dividend income. This tax reduction can also be given to tax payers in respect of parents or grand parents who still depends on the tax payers for support. To also qualify for the tax reduction the dependent in question must be a United States citizens and must have a valid social security numbers like in the case of Milo above and Aurora the parent who are both U.S citizens and also they possess a valid social security numbers

5 0
4 years ago
Other questions:
  • Which of the following is an example of the use of fiscal policy by the U.S. government? A. Congress makes it illegal for the po
    7·2 answers
  • When a seller breaches a sales contract, the Uniform Commercial Code (UCC) provides the buyer with an option to take immediate s
    11·1 answer
  • Pablo had strong social connections and community ties throughout his adult life and mentored many individuals while in his care
    10·1 answer
  • Which of the following events would be likely to increaseincrease the supply of​ money?
    10·1 answer
  • Which is incorrect about Prezi? a. Prezi had an educational license for teachers and students with .edu emails b. Classic versio
    5·1 answer
  • In the last decade of the century, ____ became a major force in the economy in regard to business.- reduced business profits- hi
    5·2 answers
  • Verslas is a firm operating in a monopolistically competitive market. It is currently maximizing profit with an output of 1,200
    7·1 answer
  • If you were an investor during the dot revolution, and you invested primarily in technology stocks, what fundamental principle o
    11·1 answer
  • All of the following statements are true EXCEPT:_________.
    9·1 answer
  • True or false. In the marketing strategy planning process model, the elements on the left side of the model (Context, Customers,
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!