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
Yuki888 [10]
3 years ago
5

Property taxes in a particular district are 2​% of the purchase price every year. If you just purchased a ​$150,000 ​home, what

is the present value of all the future property tax​ payments? Assume that the house remains worth ​$150,000 ​forever, property tax rates never​ change, and that a 4​% interest rate is used for discounting. The present value of all the future property tax payments is
Business
1 answer:
baherus [9]3 years ago
8 0

Answer:

the present value of the property taxes is 75,000

Explanation:

We can determinate the present value of all the future payment using the perpetuity formula:

150,000 x 2% = 3,000 property taxes per year as this will be paid indefinitely and the cash flow are equal; it is a perpetuity.

C/r = PV

3,000 / 0.04 = PV = 75,000

You might be interested in
Christie, a marketing executive who was born in 1955, advocated that her company focus on a print campaign for its new line of l
Gemiola [76]

Answer:

The correct answer is the option C: Baby Boomer.

Explanation:

To begin with, the term<em> ''baby boomer''</em> refers to the demographic cohort regarding the generation of people born in the period called ''baby boom'', that occured in some  was after the Second World War and comprehends the years between 1946 until 1964. Moreover, the main characteristic of this period was that around 76 million babies were born in America and that an excessive consumerism began to spread.

To continue, the action that Christie advocates is very common to a person of the baby boom generation due to the fact that those people born and grew in times that there was no internet and therefore they tend to give no importance to the online ads and stuff like that.

8 0
4 years ago
Carol sees a beautiful dress in a store window. she says to the salesperson, "if my boyfriend asks me to attend the prom, i will
Zepler [3.9K]
Yes and no.the store will hold the dress for a certain amount of time before letting go.although whether the store really holds it would be most likely no<span />
7 0
4 years ago
In an appraisal interview, the rating manager should never ________. take any responsibility for an employee's performance assis
Sindrei [870]

Answer:

The correct answer is letter "C": refuse to take some responsibility for an employee's performance if the supervisor neglected to provide regular performance feedback.

Explanation:

Performance appraisals are evaluations managers make of employees to find out if they are meeting the expectations of their duties. These tests aim to measure the efficiency of employees in their day-to-day activities at work, The appraisals have a standard method of rating workers according to their tasks and position in the firm and based on that standard feedback is provided.

<em>Supervisors are in charge of giving workers immediate suggestions on how workers could improve their operations but if they have not done that resulting in poor performance of an employee, the managers conducting the tests must accept part of the responsibility for that to happen relies on the managers.</em>

8 0
4 years ago
decides to use the needs approach to determine how much life insurance to buy. Her cash needs are $30,000; her income needs are
nadya68 [22]

Answer:

$130,000

Explanation:

For determining the additional life insurance required first we need to follow some steps which are shown below:-

Step 1

Total needs = Cash needs + Income needs + Special needs

= $30,000 + $140,000 + $100,000

= $270,000

Step 2

Total assets held = Bank accounts + Retirement plans + Investment accounts

= $20,000 + $30,000 + $40,000

= $90,000

Step 3

Total amount of life = $270,000 - $90,000

= $180,000

and finally

Additional life insurance required =

The Total amount of life - Life insurance provided by the employer

= $180,000 - $50,000

= $130,000

3 0
4 years ago
His photo shows a label that appears on food products in the United States. This label is an example of producer innovation in a
Nady [450]

Answer:

The correct answer would be option C, Regulation by a government agency.

Explanation:

There is no photo given, but i searched it on internet and i found that a photo labeling the Nutritional Facts is attached with this question at some other sites. So taking that into account, it is clear that the label of nutritional facts appear on all products produced by all producers in the country because it is a regulation by a government agency which asks producers to write down the nutritional value for the product they are making to make the people aware of the nutrition of the product which they are going to buy. So option C would be the appropriate answer.

6 0
4 years ago
Read 2 more answers
Other questions:
  • Wells Company reports the following sales forecast: September, $55,000; October, $66,000; and November, $80,000. All sales are o
    13·1 answer
  • A "think global, act global" approach to strategy-making is preferable to a "think local, act local"approach when
    5·2 answers
  • simpson and homer corporation acquired an office building on three acres of land for a lump-sum price of $2,400,000. The buildin
    9·1 answer
  • In the mid 1980s, what emerging product market did a major foreign competitor capitalized on and Kodak miss due to a poor unders
    8·1 answer
  • On December 1, Watson Enterprises signed a $24,000, 60-day, 4% note payable as replacement of an account payable with Erikson Co
    8·2 answers
  • Suppose you are a member of the FOMC and the U.S. economy is entering a recession. Write a directive (at least 4 typed pages, in
    8·1 answer
  • Section 1<br> 1. I like coaching and developing people.
    15·1 answer
  • An organization implements an information system to optimize its supply chain. The system helps the organization decrease wastag
    14·1 answer
  • Portsmouth Company makes upholstered furniture. Its only variable cost is direct materials. The demand for the company's product
    12·1 answer
  • 6) Custom home operates three different departments. The company makes decorative comforters, pillowcases, and tablecloths in a
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!