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Sati [7]
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?
Business
1 answer:
GuDViN [60]3 years ago
6 0

Answer:

hmm idk i dk

Explanation:

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Look Manufacturing Corporation has a traditional costing system in which it applies manufacturing overhead to its products using
LiRa [457]

Answer:

I'm figuring this out for you!

Explanation:

6 0
3 years ago
Yes. Companies should be protected by tariffs.. why?
Reptile [31]

Answer: See explanation

Explanation:

A tariff is a tax that the government imposes on either the imports or the exports of products or sevices.

Apart from the fact that tariff is a way of generating revenue by the government, tariffs help protect the domestic industry. This is because tariffs increases the price of imported goods.

Since there is an increase in the price of the imports, consumers tend to buy from the local manufacturer since their products tend to be cheaper when compared to the imports. This gives an edge to the domestic companies.

4 0
3 years ago
Tony's marginal income tax rate is 24%, and he pays FICA tax on his entire salary (7.65%). Tony's employer offered him a choice
Vlad [161]

Answer: The fringe benefit is worth $182 more than the additional salary.

Explanation:

The Fringe benefit is valued at $3,600.

The additional salary after taxes is:

= 5,000 - (5,000 * 24%) - (5,000 * 7.65%)

= 5,000 - 1,200 - 382.5

= $3,418

The Fringe benefit is worth more than the salary by:

= 3,600 - 3,418

= $182

<em>Options are more probably for a variant of this question. </em>

8 0
3 years ago
Highlight four ways of improving productivity of labour as a factor of production​
UNO [17]

Answer:

Following are the four ways for improving the productivity of the labour is given below

Explanation:

  • If we give the proper resource assignment to each worker at the proper time we will increase the productivity of the labor .
  • Increasing the skills by guiding the labor to the latest technology so they  know the latest or the current technology they will increase the productivity .
  • If we enhancing the physical capital it means if we dependent on the machinery they will increase the productivity .
  • Giving the incentive to labor at the particular interval of time we will increase the productivity.
3 0
3 years ago
Adam borrows $4,500 at 12 percent annually compounded interest to be repaid in four equal annual installments. the actual end-of
Kazeer [188]
Use the formula of the present value of an annuity ordinary which is
Pv=pmt [(1-(1+r)^(-n))÷r]
Pv present value 4500
PMTthe actual end-of-year payment?
R interest rate 0.12
N 4 equal annual installments
Solve the formula for PMT
PMT=pv÷[(1-(1+r)^(-n))÷r]
PMT=4,500÷((1−(1+0.12)^(−4))÷(0.12))
PMT=1,481.55
8 0
3 years ago
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