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dangina [55]
3 years ago
5

You are comparing two annuities that offer regular payments of $2,500 for five years and pay .75 percent interest per month. You

will purchase one of these today with a single lump sum payment. Annuity A will pay you monthly, starting today, while annuity B will pay monthly, starting one month from today. Which one of the following statements is correct concerning these two annuities?
Multiple Choice
a.These annuities have equal present values but unequal future values.
b.These two annuities have both equal present and equal future values.
c.Annuity B is an annuity due.
d.Annuity A has a smaller future value than annuity B.
e.Annuity B has a smaller present value than annuity A.
Business
1 answer:
bixtya [17]3 years ago
8 0

Answer:

E) Annuity B has a smaller present value than annuity A.

Explanation:

The main premise in finances is that the value of money increases in time, e.g. one dollar today is worth more than one dollar tomorrow.

In this case, annuity A is an annuity due (payment is made at the beginning of each period). An annuity due that has the same payments and the same rates, will always have a higher present value than an ordinary annuity.

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Customer discrimination occurs when customers refuse to buy products produced by a racially diverse workforce. a firm pays worke
malfutka [58]

Answer:

customers refuse to buy products produced by a racially diverse workforce

Explanation:

Customer discrimination is an occurrence when customers don't want anything to do with a group of people or a particular race. Any product or service from such people are not appreciated, they don't have interest as a result of feeling superior.

3 0
3 years ago
A July sales forecast projects that 7,300 units are going to be sold at a price of $11.80 per unit. The management forecasts 15%
lana66690 [7]

Answer:

Budgeted sales= $86,140

Explanation:

Giving the following information:

A July sales forecast projects that 7,300 units are going to be sold at a price of $11.80 per unit.

<u>The budgeted sales are calculated by multiplying the sales in units with the selling price per unit:</u>

Budgeted sales= 7,300*11.8= $86,140

6 0
4 years ago
Which one of the following is NOT one of the major business functions or specialized tasks performed by business organizations a
mina [271]
Answer is E

This a process which engages working people through union. They negotiated a contract with owner& the employers to get information details about the term of employment like pay, benefits, house leves,,health, safety policies.

Help to ensure balance work and personal relationship.

Sale HR financial and production are important business functions & supported heavily by information systems.

Collective bargaining is a negotiating process not core business function or specialised task.
8 0
3 years ago
When demand for a commodity decreases and supply remains the same?
OlgaM077 [116]
The equilibrium price and quantity increases
6 0
3 years ago
Suppose that you have been hired to analyze the impact on employment from the imposition of a minimum wage in the labor market.
kolbaska11 [484]

Answer:

The competitive market equilibrium wage is $  10   per hour.

The competitive market equilibrium quantity of labor is 70 thousand workers.

With a minimum wage of $ 12 per hour, the surplus will be 20 thousand workers.

Explanation:

We set up the equation system:

\left \{ {{\a L_d = 100 - 3W} \atop {\a L_s = 7W}} \right.

If Ld = Ls then:

100 - 3w = 7w

100 = 10w

100/10 = w = 10

and now we solve for L

L = 100 - 3*10 = 100-30 = 70

L = 7*10 = 70

(II)

If w = 12

Ld 100 - 3*12 = 64

Ls 7*12 = 84

Surplus 20 thousands

5 0
3 years ago
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