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Len [333]
3 years ago
8

A new investment opportunity for you is an annuity that pays $550 at the beginning of each year for 3 years. You could earn 5.5%

on your money in other investments with equal risk. What is the most you should pay for the annuity?
Business
1 answer:
faltersainse [42]3 years ago
6 0

Answer:

$1,565.48

Explanation:

This is an annuity due type of question since the recurring payments are made at the beginning of each year unlike Ordinary annuity whose payments occur at the end of each period.

With a financial calculator on beginning mode "BGN", use the following inputs to find the PV;

Total duration of investment; N = 3

Recurring payment; PMT = 550

Interest rate; I/Y = 5.5%

One time cashflows; FV = 0

then compute for Present value ; CPT PV = 1,565.476

Therefore, the most you should pay is $1,565.48

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Im not sure what you mean by that? be specific please and i will be sure to help ;)
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3 years ago
Why is it important to compute real GDP?
levacccp [35]

Answer:

C. To find out if there is a change in the actual number of goods, services, and structures produced from one year to the next

Explanation:

Real GDP calculates the monetary value of all goods and services that a country produce within one year after adjusting it to inflation or deflation.

Knowing Real GDP often used as a measurement to find out the economic growth of a country. If the Real GDP is increased, it indicates that the people in that country become more productive and it is most likely that their disposable income is also increased.

3 0
3 years ago
Kayak is a company that allows customers to efficiently search databases to find the best airline and hotel deals all over the W
maria [59]

Answer: (D) Marketing channel or channel of distribution

Explanation:    

 The marketing channel is one of the type of organization that perform various types of activities for purpose of transmission of the products and the services from the manufacturer to the customer or the end user.

It is also known as the distribution channel and it include the various types of business strategies for promoting the product.

According to the given question, the Kayak is one of the type of organization that publicly allow their database for the purpose of searching the best deals for the hotels or airline.

Therefore, The kayak is one of the part of marketing channel or the channel of distribution.    

7 0
3 years ago
Thornton, Inc., had taxable income of $128,267 for the year. The company's marginal tax rate was 35 percent and its average tax
valentinak56 [21]

Answer:

$30784.08

Explanation:

Taxable income can be refer to as the amount of income used to calculate how much tax an  organisation owes to the government in a particular tax year.

Thornton Inc. had taxable income of $128,267 for the year

The company's marginal tax rate is 35 percent

The company's average tax rate is 24 percent

To know how much did the company have to pay in taxes for the year, we multiply the Taxable income by the Company Average tax rate for the year.

=$128,267 * 24%

=$128,267 * 0.24

=$30784.08

Thornton Inc will pay $30784.08 for the year.

8 0
3 years ago
PLEASE HELP ASAP ITS A TEST
skelet666 [1.2K]

Answer:

A is the right answer so right it

8 0
3 years ago
Read 2 more answers
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