1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
mixer [17]
3 years ago
7

You are comparing three investments, all of which pay $100 a month and have an interest rate of 8 percent. One is ordinary annui

ty, one is an annuity due, and the third investment is a perpetuity. Which one of the following statements is correct given these three investment options?A) To be the perpetuity, the payments must occur on the first day of each monthly periodB) The ordinary annuity would be more valuable than the annuity due if both had a life of 10 yearsC) The present value of the perpetuity has to be higher than the present value of either the ordinary annuity or the annuity dueD) The future value of all three investments must be equalE) The present value of all three investments must be equal
Business
1 answer:
Ivan3 years ago
6 0

Answer:

c. The present value of the perpetuity has to be higher than the present value of either the ordinary annuity or the annuity due

Explanation:

Considering the following statements:

  • the ordinary perpetuity, the payments must occur on the first day of each monthly period. Hence this statement is incorrect.
  • The ordinary annuity would be more valuable than the annuity due if both had a life of 10 years. Incorrect.
  • In case of perpetuity the times is not limited, hence would get the higher return.
You might be interested in
Hassock Corp. produces woven wall hangings. It takes 4 hours of direct labor to produce a single wall hanging. Hassock standard
navik [9.2K]

Answer:

Efficiency variance  =$9,860   unfavorable

Explanation:

Labour efficiency variance is the difference between the actual time taken to achieve a given production output less the standard hours allowed for same multiplied by the standard labour rate

                                                                                                  Hours

11,900 units should have take (11,900× 4hrs)                          47,600                      

but did take                                                                              <u>48,180</u>

Difference                                                                                   580  unfavorable

Standard hours                                                                     <u> ×   $17 </u>

Efficiency variance                                                           <u>$9,860   unfavorable</u>

5 0
2 years ago
Research that examined how the National Korean Police operates and the factors that influence its operational police would be co
Alexeev081 [22]

Answer: True

Explanation:

4 0
3 years ago
Read 2 more answers
The average person changes career how many times in a lifetime?
IgorLugansk [536]

Answer:

<h2>Statistics Suggest You Will Change Careers More Frequently</h2><h3>The average person will change careers 5-7 times during their working life according to career change statistics. With an ever increasing number of career choices, 30% of the workforce will now change careers or jobs every 12 months.</h3>
7 0
3 years ago
Read 2 more answers
_______ has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buy
Hoochie [10]

Global market segmentation has been defined as the process of identifying consumers with similar attributes who are likely to exhibit a similar buying behavior.

<h3><u>Explanation:</u></h3>

The process involved in the identification of a particular segment of customers to sell the products refers to the Global Market Segmentation. Those customers of the groups that has the nature of similar behavior in buying of certain products will be grouped together under this process.

The people in the identified group will have the same purchasing behavior. Thus, when the customers of similar buying behaviors are grouped then the targeting process of the business will become easier. Fir example if you are manufacturing chocolates then it will be easier to target on;ly children and the adults.

8 0
3 years ago
The amount of earnings distributed to stockholders can be found in the income statement.
evablogger [386]

Answer:

Unearned membership revenue of $9,000

Explanation:

The sales on credit during January 2017 was valued at $12,000 ($200 x 60).

In March 2017, customers paid $3,000, leaving the balance of $9,000 outstanding.

Since the season for which sales and collections were made starts March 1, 2017, when reporting the financial statements for the period ending March 31, 2017, the Membership Revenue would be $3,000 only and the balance $9,000 would be reported as Unearned Membership Revenue in the Balance Sheet with a further $9,000 reported in the Accounts Receivable to balance the records.

This shows that Unearned Membership Revenue of $9,000 is the only valid statement.

3 0
3 years ago
Other questions:
  • When is a wrecker considered to be an emergency vehicle
    6·2 answers
  • Presented below are two independent situations: A) Sandhill Inc. acquired 10% of the 420,000 shares of common stock of Schuberge
    14·1 answer
  • Zachary Manufacturing Company has an opportunity to purchase some technologically advanced equipment that will reduce the compan
    13·2 answers
  • A company has the following budget information: Sales: $118,800; COGS: $48,500; Depreciation expense: $1,500; Interest expense:
    11·2 answers
  • Recently, a senior software engineer complained that his boss was always in the "command and control" mode: "He doesn't trust us
    14·1 answer
  • Which would you use to estimate the demand for a product at various prices?
    13·1 answer
  • Match the following items.
    7·1 answer
  • Rock industries allocates manufacturing overhead at a predetermined rate of 160% of direct labor cost. Any overallocated or unde
    12·1 answer
  • The interest rate that lenders publish or advertise is usually:
    5·1 answer
  • Differentiate accounts receivable from notes receivable.
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!