The present value factor of an annuity that will mature in 20 years at an interest rate of 8% is <u>9.8181474.</u>
<h3>What is the present value interest factor?</h3>
It can be found by using the present value of an annuity formula of:
= Amount x ( 1 - ( 1 + rate) ^ - number of periods) / Rate
As there is no amount, solving gives:
= ( 1 - ( 1 + 8%) ⁻²⁰) / 8%
= 9.8181474
In conclusion, it is 9.8181474.
Find out more on present value of annuity at brainly.com/question/25792915.
Answer:
The employees understood why the decision was made.
Explanation:
An advantage of using employees in the group discussion so they can understand why certain decisions are made.
Answer:
false
Explanation:
the $750 reward is an extrinsic reward. extrinsic reward is reward that can be seen, touched or felt. they are physical rewards
Intrinsic rewards are the non-physical rewards.
Answer:
P=24.92 per quarter
Explanation:
this problem can be solved applying the concept of annuity, keep in mind that an annuity is a formula which allows you to calculate the future value of future payments affected by an interest rate.by definition the future value of an annuity is given by:
where 
is the future value of the annuity, 
is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem, we have:
we will asume that deposits are made as interest is compounded it is quarterly thats why we multiply 60 and 4 and also we divide 12% into 4, so:
solving P
P=24.92
Answer:
is unique to the corporate form of business
Explanation:
As we know that the retained earnings is a non-distributed earnings of an organization. It is an accumulated net income of the organization which cant be allocated as a dividend. It can be easily converted into the capital
Therefore it is a unique characteristic of the corporate business form
Hence, the first option is correct
And, the remaining options does not represent for the same.
