Answer:
The project is worth $2,738.57.
Explanation:
Giving the following information:
You have been offered a project paying $300 at the beginning of each year for the next 20 years. The rate of return is 9%.
To calculate the present value, first, we need to calculate the final value:
FV= {A*[(1+i)^n-1]}/i
A= annual pay= 300
n= 20
i= 0.09
FV= {300*[(1.09^20)-1]}/0.09
FV= $15,348.06
Now, we can calculate the present value:
PV= FV/(1+i)^n
PV= 15,348.06/1.09^20= $2,738.57
Accounting information system integration is the process of standardizing the procedure for recording transactions and disseminating financial information. <span />
Answer:
Infrastructure as a service
Explanation:
Answer:
False
Explanation:
Commodity money is money whose value comes from a commodity of which it is made. Commodity money consists of objects having value or use in themselves (intrinsic value) as well as their value in buying goods.
Fiat money is a currency without intrinsic value that has been established as money, often by government regulation. Fiat money does not have use value.
Answer:
d) stocks
Explanation:
Stocks, which are shares in a company that may pay dividends once a year after liquid profits are accounted for. Investments in bank checking accounts are similar to earning interest like a saving account. Investing in market company stocks would give the investor an aggressive option of investing his money, as this type of investment is high risk with high return.
