Answer:
The present value of the annuity is $73,091.50
Explanation:
Use the following formula to calculate the present value of the annuity
Present value of annuity = ( Annuity Payment x Annuity factor for first 6 years ) + [ ( Annuity Payment x Annuity factor for after 6 years ) x Present value factor for 6 years ]
Where
Annuity Payment = $1,000
Annuity factor for first 6 years = 1 - ( 1 + 16%/12 )^-(6x12) / 16%/12 = 46.10028344
Annuity factor for after 6 years = 1 - ( 1 + 13%/12 )^-((17-6)x12) / 13%/12 = 70.0471029820
Present value factor for 6 years = ( 1 + 16%/12)^-(6x12) = 0.385329554163
Placing values in the formula
Present value of annuity = ( $1,000 x 46.10028344 ) + [ ( $1,000 x 70.0471029820 ) x 0.385329554163 ]
Present value of annuity = $46,100.28 + $26,991.22
Present value of annuity = $73,091.50
Answer:
Workmen Compensation
Explanation:
The insurance of government which provides the medical care aid and the income to the employees who get injured at the job is the workers compensation insurance covers .
It is that cost of rehabilitation and medical care for employees injured at the place of job. It also compensates the employees for lost wages and give death benefits for their dependents.
The online exchange of goods and information between final consumers is called consumer-to-consumer. A business model known as "consumer to consumer" (C2C) allows for the private customers to deal for goods or services without the involvement of a business on either end of the transaction. Today, online businesses handle the majority of C2C transactions.
The two most well-known instances of consumer-to-consumer are Amazon, which functions as both a B2C and a C2C marketplace, and eBay, an online auction site. Since its founding in 1995, eBay has enjoyed success, and it has always been a C2C.Therefore, customers offer businesses a service.
To learn more about consumer-to-consumer, click here.
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She didn't wind up plainly resistant to streptococcal contaminations after the primary episode since when she initially got it, she may have become a few episodes of strep throat, her living condition may at present have streptococcal, it could likewise be that her own particular uncle was tainted and contaminated to Fredrica again by embracing her, and she didn't take every one of the solutions. She can get tainted once more; a few people can get contaminated 6 clocks for each year.
Answer:
Total cushion built into the project is as follows:
Cushion by project team = 20%
First cushion by manager = 20% of 120 (100+20)% = 24%
Second cushion by manager = 20% of (100+20+24)% = 28.8%
Total cushion = (20 + 24 + 28.8)% = 72.8%
Explanation:
Cushion in project planning is a concept that is based on the assumption that things will go wrong or more time will be spent than initially envisaged.
This cushion attempts to take into consideration some unexpected events that may arise.
For example, it may take normally 8 hours to travel from New York to Wyoming by bus. But, due to traffic delays and other unforeseen circumstances, the driver could take 9 hours to get to Wyoming.
The extra hour, if it was initially calculated into the projected arrival time is the cushion hour. The bus driver could then tell somebody in Wyoming waiting to collect a parcel from New York that he would be arriving in 9 hours' time. He has cushioned the arrival time by one hour.