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vovangra [49]
3 years ago
12

Mike Carlson will receive $12,000 a year from the end of the third year to the end of the 12th year (10 payments). The discount

rate is 10%. The present value today of this deferred annuity is ______.
Business
1 answer:
Virty [35]3 years ago
8 0

Answer:

$60,936

Explanation:

Provided information,

$12,000 will be received at each year end from third year to 12th year end.

The discount rate provided = 10%

Therefore PVAF of 10% for third year end to 12th year end will be for $1

= \frac{1}{(1 + 0.10)^3} + \frac{1}{(1 + 0.10)^4} + \frac{1}{(1 + 0.10)^5} + \frac{1}{(1 + 0.10)^6} + ............. \frac{1}{(1 + 0.10)^1^2} = 5.078

Here 0.10 = 10% discount rate

Value for $12,000 = $12,000 \times 5.078

Present Value of $12,000 will be

= $60,936

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Answer:

Please see explanation below

Explanation:

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True or false Decentralization refers to the degree to that decision making is concentrated to the top of the organization
MatroZZZ [7]

Decentralization refers to the degree to that decision-making is concentrated to the top of the organization: False.

<h3>What is a decentralized organization?</h3>

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This ultimately implies that, decentralization refers to the degree to that decision-making is concentrated to all the areas of an organization.

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Lapatulllka [165]
What affects the egg coagulation in custards and creams!
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Answer:

C) Total assets are overstated.

Explanation:

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