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
Umnica [9.8K]
4 years ago
15

A rich relative has bequeathed you a growing perpetuity. the first payment will occur in a year and will be $ 3 comma 000$3,000.

each year after​ that, you will receive a payment on the anniversary of the last payment that is nbsp 4 % 4% larger than the last payment. this pattern of payments will go on forever. assume that the interest rate is 16 %16% per year.
a. what is​ today's value of the​ bequest?
b. what is the value of the bequest immediately after the first payment is​ made?
Business
1 answer:
MAVERICK [17]4 years ago
8 0
A. For knowing today's value of the bequest we need to know the period of time.
When the first payment occure and how many payments were made. 
b. Immediate value of bequest is $3,000 After one year it needto be 1.16*3,000=$3,480 Plus the second payment will be 1.04*3,000=$3,120
You might be interested in
​When Julius hears that there are going to be cutbacks in his department, he immediately calls his supervisor and asks for an ap
Darya [45]

Answer:

maladaptive coping

Explanation:

7 0
3 years ago
If you cause a car accident, which type of insurance will require you to pay the least out of pocket
WARRIOR [948]
A low deductible plan is the type of insurance that will require the driver to pay less out of pocket. If a person has a high deductible plan, the out of pocket payment would be a lot higher. A low deductible plan has much higher premiums that must be paid. The high deductible insurance has much lower premiums. After a wreck that is caused by the driver, most insurances will raise the premiums paid. Unless you with an insurance company that accident forgiveness plans. The correct answer to this question is B. Low Deductible Plan. 
3 0
3 years ago
Read 2 more answers
2020 Under what conditions is it ethically defensible to outsource production to the developing world where labor costs are lowe
fomenos

Answer:

Morally, how about we start with business morals. Extensively business morals spin around progressively the estimation of the business to investors or partners (contingent upon the type of private enterprise). In the event that redistributing work diminishes costs and converts into expanded benefits for the organization, that is sufficient to consider it in accordance with the all-encompassing order of the business whether or not there is a decrease in cost for the buyer.  

Is it morally wrong to use innovative advances to build creation productivity when request in a market is generally inelastic? Cultivating used to be 40% of American employments. Presently it's generally 2% but then out creation has developed.  

Long haul the pulverization of a class of business is regularly counterbalanced by the formation of another classification the requires increasingly psychological assets. Actually, whole new enterprises can be made. So it is additionally not so much exact to restrict your view to simply the individuals who are dislodged from their occupations. It is completely conceivable that the net impact on the economy is sure.  

Be that as it may, again morals are increasingly emotional and have to do with the type of private enterprise to which one buys in, political way of thinking, and perspective on social duty of business.

7 0
3 years ago
Read 2 more answers
Under the allowance method of accounting for uncollectible accounts, a. the cash realizable value of accounts receivable is grea
pentagon [3]

Answer:

c. the cash realizable value of accounts receivable in the balance sheet is the same before and after an account is written off.

Explanation:

Under the allowance method of accounting for uncollectible accounts, the cash realizable value of accounts receivable in the balance sheet is the same before and after an account is written off and bad debt expenses is debited.

This means that in the period in which an account previously written off is collected, the income is unaffected.

Also, under the allowance method of accounting, total assets will remain unchanged when a particular account is being written off.

8 0
3 years ago
When current output is greater than potential output, which of the given monetary policies is the Federal Reserve (the Fed) like
choli [55]

When the current output is more than the potential output the fed is likely to enact decreasing reserves to increase interest rates.

The reason why they would have to do this is based on the fact that when the actual output in the economy is more than the potential output, It means that there is an inflationary gap.

In order to close this gap, the fed would have to reduce the aggregate demand, thereby raising the rate of interest. This would in turn lead to the fall in consumption and fall in saving.

Read more on brainly.com/question/11417698?referrer=searchResults

7 0
3 years ago
Other questions:
  • In order to communicate clearly with a resident who has hearing loss, the resident assistant should:
    8·1 answer
  • Rosenthal Company manufactures bowling balls through two processes: Molding and Packaging. In the Molding Department, the uretha
    6·1 answer
  • Havermill Co. establishes a $330 petty cash fund on September 1. On September 30, the fund is replenished. The accumulated recei
    8·1 answer
  • Define business cycle
    11·2 answers
  • What are high-risk loans?
    7·2 answers
  • How do price changes drive markets toward equilibrium?
    5·1 answer
  • Which of the following is a business strategy in which a product in its most basic version is provided free of charge but the co
    7·1 answer
  • Choose the statements that CORRECTLY describe a business organization.
    7·2 answers
  • Question 1: Special order Sales volume in units 120 Revenue $8,400 Variable costs $2,400 Contribution margin $6,000 Fixed costs
    8·1 answer
  • Failure by a promissory notes maker to pay the amount due at maturity is known as?
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!