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Travka [436]
3 years ago
9

Explain what is meant by the present value of an ordinary annuity. Choose the correct answer below. A. It is the value of any si

ngle annuity payment. B. It is the sum of the paid balance on an annuity at the specified point in time. C. It is the value of the sum of all the annuity payments before any interest is earned. D. It is the value of the unpaid balance on an annuity at the specified point in time.
Business
1 answer:
likoan [24]3 years ago
7 0

Answer:

<u>Letter D is correct.</u>  It is the value of the unpaid balance on an annuity at the specified point in time.

Explanation:

An ordinary annuity is the making of fixed payments over a fixed period of time. To specify the value of an annuity present in an ordinary annuity, one must know the established interest rates. When interest rates are higher, the present value of the ordinary annuity is reduced, and when interest rates are lower the present value is higher.

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On October 1, 2009, the Nintendo Wii's Japanese price dropped from ¥25,000 to ¥20,000. In the three months after the price drop,
kykrilka [37]

Answer:

B) 0.7; inelastic

Explanation:

The computation of the absolute value of the price elasticity of demand is shown below:

Elasticity is

= [(Sales - prior sales) ÷ ( Sales + prior sales) ÷ 2] ÷ [(price - dropped price) ÷ (price - dropped price) ÷ 2

= [(1,040,000 - 890,000) ÷ (1,040,000 + 890,000) ÷ 2] ÷ [(25,000 - 20,000) ÷ (25,000 + 20,000) ÷ 2]

= (150,000 ÷ 965,000) ÷ (5,000 ÷ 22,500)

= 0.15 ÷ 0.22

= 0.7

It is less than one so the demand is inelastic

4 0
3 years ago
Hadley Corporation, which has only one product, has provided the following data concerning its most recent month of operations:
ELEN [110]

Answer:

the total period cost for the month under variable costing is $52,610

Explanation:

Under Variable Costing Period Cost consist of, All Non-Manufacturing Costs and Fixed Manufacturing overheads.Fixed Manufacturing overheads are included in product costs only in full costing.

<u>Calculation of Total Period Costs :</u>

Variable selling and administrative expense ($ 14×1,010)  $14,140

Fixed selling and administrative expense                         $22,220

Fixed manufacturing overhead                                           $16,250

Total                                                                                      $52,610

3 0
3 years ago
Programs designed to create a workplace that enhances employee well-being are referred to as ________ programs.
Flauer [41]

Answer: quality of work life programs

I hope this helps :D

6 0
2 years ago
A Federally assisted disaster relief program is trying to streamline its services and provide one-stop shopping for residents wi
irakobra [83]
Based on the given situation above for those people who have special needs to be attended to, I can say that the business presented is very beneficial, but what makes it disadvantageous is the distance that will require these people with special needs to travel far. Therefore, this can only be permissible if the facility is located on a major public transportation route. Answer is D.
5 0
3 years ago
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topjm [15]

Answer:

demographics

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