6. Which group tends to experience poverty most often?

The super prize in a contest is $10 million. This prize will be paid out in equal yearly payments over the next 20 years. If the

Angelina_Jolie [31]

Answer:

contest sponsors have to deposit $6795163.17 in the escrow account

Explanation:

given data

amount = $10 million

time = 20 year

rate = 4 %

to find out

how much do the contest sponsors have to deposit in the escrow account

solution

we know Cash flow per period = 10000000/20 = $500000

we will apply here future value formula to find amount

future value = cash flow × $\frac{1-(1+r)^{-t}}{r}$

here r is rate and t is time

put here value

future value = 500000 × $\frac{1-(1+0.04)^{-20}}{0.04}$

future value = 6795163.1724

so contest sponsors have to deposit $6795163.17 in the escrow account

4 0

4 years ago

The County legislature approved its 2020 budget. Revenues from property taxes are estimated to be $800,000. The assessed value o

marin [14]

Answer:

The County

The property tax rate per $1,000 of net assessed value that the County must charge to collect sufficient property taxes to meet its $800,000 estimate is:

D. $26.67 for each $1,000 of net assessed value.

Explanation:

a) Data and Calculations:

Estimated Revenues from Property Taxes = $800,000

Assessed value of property in the county = $40 million

Exempted property in the county:

Homestead = $3.0 million

Veterans = 1.3 million

Old age = 0.7 million

Nonprofits = 5.0 million

Total exemptions = $10 million

Therefore, net assessed value = $30 million ($40 - 10 million)

Chargeable Rate per $1,000 = $800,000/$30,000,000 * 1,000 = $26.67

7 0

3 years ago

By monitoring ad campaign performance, an advertiser may obtain the information needed to:

lidiya [134]

Is a Google Adwords Fundamental exam answer.
The correcta answer is:
determine if campaigns are meeting overall marketing and conversion goals

Explanation and more info:
http://www.certificationanswers.com/en/by-monitoring-ad-campaign-performance-an-advertiser-may-obtai....

8 0

4 years ago

John has an auto which is covered for collision losses subject to a $250 deductible. Kate's auto also has collision coverage but

Andrej [43]

Answer:

Kate policy will pay 1500 dollars while Johns policy will pay 250 dollars

Explanation:

kates policy will pay 1500 dollars while johns policy will pay 250 dollars.

Since Kates deductible is 500 dollars, this deductible will be subtracted from the 2000 dollars collission loss that occurred when John borrowed her car. which gives $1500. therefore her policy will get to pay 1500 dollars. while johns policy will have to pay $250

8 0

3 years ago

The Organization for Economic Cooperation and Development (OECD) has become more focused on global issues, social policy, and la

Virty [35]

Answer:

All of the above

Explanation:

All the actions described in the question are necessary to advance the OECD goal of focusing more on global issues, social policy, and labor market regulations.

Actions against bribery help address problems in labor markets and social policy because in many countries bribery is endemic in these sectors.

Helping member nations assess their economic policy, and forming committees to establish social policies is useful to improve economic, social, and labor conditions in member nations, advancing the goals described above.

6 0

4 years ago