Answer:
The PV is 125,000
Explanation:
We need to solve for the present value of a perpetuity:
The yearly amounts are 10,000
while the current interest rate is 8% = 8/100 = 0.08
10,000 / 0.08 = 125,000
the perpetuity is worth 125,000 dollars
Note, when the market rate changes the value of the perpetuity also changes as the constant cash flow is dividend over a larger or lower rate generating smaller or higher amounts, respectively
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We help developing international locations reap sustainable boom through financing funding mobilizing capital in worldwide economic markets and imparting advisory services to groups and governments.
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The demand for air travel between two cities doubles. The elasticity of the supply of air travel between these cities will <span>become more elastic, the longer the time since demand doubled</span>. Elasticity is the responsiveness between supply or demand when nothing changes but the price. In this situation, the demand for air travel between two citifies doubled, so, the traveling is elastic because even though the demand rose, so did the price, but the demand didn't start to drop.
Tammy completed 12 jobs.
<h3>What is the substitution method?</h3>
The algebraic approach to solving simultaneous linear equations is known as the substitution method. in this procedure, The value of one variable from one equation is substituted in the second equation.
Given Susanne(S) did 10 jobs, and three girls together did 28 jobs Tammy(T) works twice as fast as Martha(M).
Since the girls each worked for two hours, this indicates that Tammy worked twice as much or held twice as many jobs.
T = 2M ........................equation (1)
M + S + T = 28 ........................equation(2)
S = 10 ..................................equation(3)
By solving the above equation, we get:
Martha(M) = 6
Tammy(T) = 12
Hence, Tammy completed 12 jobs.
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Answer:
$13,000
Explanation:
Consider the movement at year end 2020
2018
Fair value adjustment $4,000 (debit)
Investment in Jedi Jewelers $4,000 ( credit)
2019
Investment in Jedi Jewelers $10,000 ( credit)
Fair value adjustment $10,000 (debit)
2020
Investment in Jedi Jewelers $7,000 ( credit)
Fair value adjustment $7,000 (debit)
<u>Balance in the Fair Value Adjustments :</u>
Balance = ($4,000)+$10,000+7,000
= $13,000