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Rina8888 [55]
3 years ago
7

Ana has won a lottery. she was offered two options to receive the award: she can either take it in five installments of $60,000

annually, starting from now; or she can take a lump-sum of $271,000 now. assuming (a) interest at an annual rate of 5% compounded annually, or (b) interest at an annual rate of 6% compounded continuously, which option should she choose under the consideration of cash value only?
Business
1 answer:
ANTONII [103]3 years ago
8 0
She should choose to<span> take a lump-sum of $271,000 now. This is the best option since the other option would have a present value less than $271,000. If you use the present value annuity calculator, you can get the present value of the installment option to be </span>$259,768.60. Therefore, the the lump – sum payment option is the most appropriate.<span> </span>
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An office building has $66,000 of net income and sold for $550,000. What was the rate of return? 12% 8.3% 10% 11.1%
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Answer:

8,3

Explanation:

its less then 10%

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3 years ago
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C) breaks even.

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Cost-volume-profit analysis is also known as the break even analysis, it is an important tool in predicting the volume of activity, the costs to be incurred, the sales to be made, and the profit to be earned is. It is used to determine how changes in differing levels of activities such as costs and volume affect a company's operating income and net income.

Hence, if revenues are greater than total variable costs of production but less than total costs, a firm breaks even because the amount of money being generated is greater than the cost of running the business.

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3 years ago
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Which of the following is not normally considered an area of personal finance?
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4 0
3 years ago
When a company receives an interest-bearing note receivable, it will
matrenka [14]

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a. debit Notes Receivable for the face value of the note

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Also this note represent the right to claim cash from the person who sign the note, so <u>it is an asset for the company.</u>

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3 0
3 years ago
The process of approving the Constitution is best described as
nordsb [41]

The process of approving the Constitution is best described as Difficult

<h3>Further explanation </h3>

A constitution is fundamental principles set according to the nation or a state or an organization is acknowledged to be governed. Ratification is the process of approving the constitution . It is a principal's approval of an act of its agent that lacked the authority to bind the principal legally and it is where the constitution of a state is taken over the legislature for consideration through specially elected state conventions of the people

The process of ratification initiated by the congress It was happened by putting the constitution to the state legislatures for consideration through the use of the specially elected for the state of convection of the people. The process is involved a five-state convection, which voted to approve the constitution immediately.

The process of approving the constitution is best described as  difficult because the ones who came up with the constitution realizes that only in exceptional circumstances should it need to be amended. The constitution is best described as difficult because it will only open the doors for more repression by government

<h3>Learn more</h3>
  1. Learn more about ratification brainly.com/question/3281819

<h3>Answer details</h3>

Grade:  9

Subject:  

Chapter: ratification

Keywords:  ratification

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