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belka [17]
3 years ago
9

You will pay $7,000 now to purchase a perpetuity which will pay you and your heirs $340 at the end of each year, forever. What i

s the rate of return on this perpetuity?
Business
2 answers:
Katen [24]3 years ago
5 0

Answer:

4.86%

Explanation:

Interest rate of a perpetuity = amount / present value

$340 / $7,000 = 0.048571 = 4.86%

I hope my answer helps you

Naddika [18.5K]3 years ago
4 0

Answer:

4.86%

Explanation:

Interest rate of a perpetuity = amount / present value

$340 / $7,000 = 0.048571 = 4.86%

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Gus is known to be the fastest worker at the museum. he has worked at the museum for only a few months, but prides himself on be
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4 years ago
You plan to deposit $4,700 at the end of each of the next 25 years into an account paying 10.3 percent interest. a. How much wil
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Answer:

Final Value= $483,603.80

Explanation:

Giving the following information:

You plan to deposit $4,700 at the end of each of the next 25 years into an account paying 10.3 percent interest

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4 0
3 years ago
In an organization that has a ________, a centralized decision-making mechanism helps in the resolution of conflict between subu
Jlenok [28]

We have that the statement is as follows

In an organization that has a ____ functional structure____, a centralized decision-making <em>mechanism </em>helps in the resolution of conflict between subunits.

<h3>Centralized decision-making mechanism</h3>

Generally,Centralized selection making in a useful shape helps in stopping feasible conditions the place disputes can arise.

We see that centralized choice making mechanism does is that every purposeful branch is required to comply with choices that go with the flow down from the pinnacle administration.

Therefore, In an organization that has a ____ functional structure____, a centralized decision-making <em>mechanism </em>helps in the resolution of conflict between subunits.

For more information on Decision

brainly.com/question/13171394

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2 years ago
The managerial function of controlling is performed only by the controller of a company. includes performance evaluation by mana
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Answer:

oh

Explanation:

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2 years ago
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