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3 years ago

5

Cathy wants to purchase an annuity where she can withdraw $15,000 at the beginning of each year for the next 25 years. She expec

ts to earn 8% compounded annually on her investment. How much should she pay for the annuity?

1 answer:

GuDViN [60]3 years ago

6 0

Answer:

hmm idk i dk

Explanation:

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Why should you memorize your social security number rather then carry your social security card in your wallet? Explain why you

kakasveta [241]

Answer:

Hmm.

Explanation:

Why should you memorize your social security number rather than carry your social security card in your wallet?

One big reason why you should NOT carry your social security number on you is that you could get robbed at ANY moment. And if someone has your Social security number, then they could slander your name.

Explain why you will need to provide your social security number to employers.

You will need to provide your social security number to employers because they need to make sure that you are you.

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3 years ago

Hoi Chong Transport, Ltd., operates a fleet of delivery trucks in Singapore. The company has determined that if a truck is drive

Anvisha [2.4K]

Explanation:

The computation of the fixed cost and the variable cost per hour by using high low method is shown below:

Variable cost per hour = (High Operating cost - low operating cost) ÷ (High driven in kilometers - Low driven in kilometers)

where,

High operating cost = 114,000 km × 12.7%

= $14,478

Low operating cost = 76,000 km × 14.8%

= $11,248

So,

= ($14,478 - $11,248) ÷ (114,000 km - 76,000 km)

= $3,230 ÷ 38,000 km

= $0.085 per km

Now the fixed cost equal to

= High operating cost - (High driven in kilometers × Variable cost per km)

= $14,478 - (114,000 km × $0.085)

= $14,478 - $9,690

= $4,7882

2. The equation is as follows

Y = a + bx

So,

Total cost = $4,788 + 0.085X

3.

Y = a + bx

= $4,788 + 0.085 × 95,000

= $4,788 + $8,075

= $12,863

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3 years ago

If sales are $904,000 in 2019 and this represents a 13% increase over sales in 2018, what were sales in 2018?

Allisa [31]

<span>The sales in 2018 will be $800,000. Let the sales in 2018 be x and 13% increase shows 1.13x and the calculation will be done by dividing 904000 with 1.13 and the answer will be 800000. This is simple calculation as the question is showing that the sales in 2018 were less so that answer is also checked.</span>

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2 years ago

Read 2 more answers

The University could continue to use the present bus for the next seven years. Whether the present bus is used or a new bus is p

Nonamiya [84]

Answer:

If the present bus is repaired, the present value of the annual cash operating costs associated with this alternative is calculated as follows;

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2 years ago

Sara spends $25 for an all-day ticket to an amusement park. After one ride, it begins to rain and she wishes she had never come.

iren2701 [21]

Answer:

False.

Explanation:

False, it is given that Sara spends $25 for all-day ticket in the amusement park. However, this is a shuck cost that she can not recover. Moreover, she has taken one ride so marginal analysis shows that all his $25 is not wasted. She has utilized some portion of their money so we can not say that she has wasted all his money.

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3 years ago