Answer:
annuity
Explanation:
Retirement annuities are helpful because they can guarantee a steady income during your retirement years. They can be either fixed retirement annuities (they provide a fix amount of money until you die) or variable annuities where the amount of money depends on how well your investments perform.
<span>Establishments that sell alcoholic beverages packaged to go are called off-premise.
These include convenience stores, gas stations, grocery stores, liquor stores, etc. Here, you can just enter and buy a drink and go somewhere else to drink it, whereas in bars and cafes, you wouldn't be able to do that but rather sit there and finish your drink.
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Answer:
$9,201.6
Explanation:
Calculation for The net present value of the proposed investment is closest to:
Using this formula
Net Present value = (Annual cost saving * PVAF) + (Salvage value * PVIF) - Cost of investment
Let plug in the formula
PVAF (10%,5 years) = 3.7908
PVIF (10%, 5 years) = 0.6209
Net Present value = ($18,000 * 3.7908) + ($8000 * 0.6209) - $64000
Net Present value = $68,234.4+$4,967.2-$64,000
Net Present value = $9,201.6
Therefore The net present value of the proposed investment is closest to:$9,201.6
