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
alina1380 [7]
3 years ago
15

You are in talks to settle a potential lawsuit. The defendant has offered to make annual payments of $38,000, $42,000, $86,000,

and $129,000 to you each year over the next four years, respectively. All payments will be made at the end of the year. If the appropriate interest rate is 3.4 percent, what is the value of the settlement offer today?
Business
1 answer:
vagabundo [1.1K]3 years ago
3 0

Answer:

ctcrftctctvzvzvzvbzvtgzb

You might be interested in
Consider three bonds with 5.50% coupon rates, all making annual coupon payments and all selling at face value. The short-term bo
Liono4ka [1.6K]

Answer:

a. $965.74

b. $939.11

Explanation:

In this question we use the Present value formula i.e shown in the attachment below:

1. Given that,  

Future value = $1,000

Rate of interest = 6.5%

NPER = 4 years

PMT = $1,000 × 5.5% = $55

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the price would be $965.74

2. Given that,  

Future value = $1,000

Rate of interest = 6.5%

NPER = 8 years

PMT = $1,000 × 5.5% = $55

The formula is shown below:

= -PV(Rate;NPER;PMT;FV;type)

So, after solving this, the price would be $939.11

6 0
3 years ago
In 2003, the fraudulent accounting practices at ____________, a Houston-based energy company, was the largest of several busines
oksano4ka [1.4K]

Answer: Enron

Explanation:

Enron scandal was an accounting scandal that involved Enron Corporation, which was an American energy company that was based in Houston, Texas.

Enron hid huge amount of trading losses, which led to its bankruptcy. The company used fraudulent accounting practices in order to inflate the revenue of the company and.hid the debt that the company incurred.

4 0
2 years ago
A piece of labor-saving equipment has just come onto the market that Mitsui Electronics, Ltd., could use to reduce costs in one
alexandr402 [8]

Answer:

Mitsui Electronics, Ltd.

1a. Payback period = 5.6 years

1b. No.  The equipment would not be purchased if the company requires a payback period of four years or less.

2a. Simple rate of return = 17.86%

2b. Yes. The equipment would be purchased if the company's required rate of return is 13%.

Explanation:

a) Data and Calculations:

Purchase cost of the equipment = $ 448,000

Annual cost savings that will be provided by the equipment = $ 80,000

Life of the equipment = 10 years

1a. Payback period = 5.6 years ($448,000/$80,000)

1b. No.  The equipment would not be purchased if the company requires a payback period of four years or less.

Annual return = $80,000

Initial cost of the equipment = $448,000

2a. Simple rate of return = 17.86% ($80,000/$448,000 * 100)

2b. Yes. The equipment would be purchased if the company's required rate of return is 13%.

6 0
3 years ago
The tax return filing requirements for individual taxpayers depend on the taxpayer’s gross income. True or False
son4ous [18]

Answer:

True

Explanation:

First of all, your tax filing status affects your tax rates, the more you earn, the higher your tax bracket. On the other hand, if your income is very low, you might not even have to file your taxes. For example, if you are over 65 years old, and your income is less than the standard deduction ($12,200) you do not need to file your taxes. If your income is above a certain threshold, you might start losing some tax benefits and deductions, e.g. child care and tax credit.

4 0
3 years ago
Macroeconomics DeShawn has spent $600 purchasing and repairing an old fishing boat, which he expects to sell for $900 once the r
Lisa [10]

Answer:

The answer is: If he pays the extra $400 needed to complete the repairs, DeShawn will reduce his losses to $100 ($900 - $1,000). It is better than losing $200.

Explanation:

If DeShawn sells the boat now for $400 he will have lost $200. But if he decides to complete the repairs on the boat, investing the extra $400, and sells the boat for $900, he will have only lost $100.

If he pays the extra $400 needed to complete the repairs, DeShawn will reduce his losses to $100 ($900 - $1,000). It is better than losing $200.

5 0
3 years ago
Other questions:
  • During the meeting, the manager exclaims "I am in charge" in order to initiate structure, set goals, assign tasks, and take conc
    8·1 answer
  • The balance in the prepaid insurance account, before adjustment at the end of the year, is $18,290. The year end is March 31. Jo
    9·1 answer
  • Elliot wants to open a checking account.
    8·2 answers
  • Hardy lumber has a capital structure that includes bonds, preferred stock, and common stock. which one of the following rights i
    5·1 answer
  • Molly Grey (single) acquired a 30 percent limited partnership interest in Beau Geste LLP several years ago for $56,000. At the b
    11·1 answer
  • A company developed the following per-unit standards for its product: 2 pounds of direct materials at $4 per pound. Last month,
    12·1 answer
  • Sarah, the cofounder of a start-up company that sells sports goods, prepares a mission/purpose statement for the company. In the
    7·1 answer
  • What is the normal balance for the allowance for doubtful accounts (debit or credit), and why?
    6·1 answer
  • ¿Qué documentos en el Archivo son productos de una actividad Administrativa, comercial y política de una sociedad?
    15·1 answer
  • What type of changes are not usually included within the scope of change management?
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!