the correct answer is A.bonita will pay less interest with the adjusted balance method and average daily balance method, but not with the previous balance method. i just took the test
Answer
Miguel must set aside $62,745 annually
Explanation
N = Number of years till Miguel would retire = 43 years
FV = Future Value = $1,000,000
r = Interest rate = 10%
PMT = Annual payments (at the ending of the year) = ?? The question asks us to calculate this
We would use the future value ordinary annuity formula to calculate PMT
FV = PMT
1000000 = PMT
PMT ≅ $62,745
Miguel must set aside $62,745 annually
The fish cannery will use the recycling method, regardless of who has the property rights: TRUE
<h3>
What is recycling?</h3>
- Recycling is the process of gathering and converting resources into new goods that would otherwise be thrown away as waste.
- Both the environment and your community may benefit from recycling.
<h3>
Given situation:</h3>
"Suppose the fish cannery has the property rights to the lake, including the right to pollute it.
In this case, assuming the two firms can bargain at no cost, the fish cannery will use the recycling method, and the resort will pay the fish cannery between $300 and $800 per week.
The resort will make the most economic profit when it has property rights to a clean lake."
Therefore, the following statement "the fish cannery will use the recycling method, regardless of who has the property rights is TRUE.
Know more about economic profits here:
brainly.com/question/24477585
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Answer:
Hello some parts of your question is missing attached below are the missing parts
You are considering the purchase of a small income-producing property for $150000 that is expected to produce the following net cash flows
End of year cash flow
1 $50000
2 $50000
3 $50000
4 $50000
Answer : a) $5122.28 (b) 12.59% (c) You should make the investment
Explanation:
Internal rate of return = 11 %
initial cash flows = $150000
period = 4 years
Find the NPV (net present value )( using present value tables)
= preset value of cash flows - initial cash flows
= ∑ present cash flows for 4 years - $150000
= $155122.28 - $150000 = $5122.28
The going-in internal rate of return on investment
N (number of years ) = 4
pv ( present value ) = $150000
PMT = -$50000
Fv ( future value ) = 0
IRR = 12.59% ( making use of the cash flow list in our financial calculator )
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