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Crazy boy [7]
3 years ago
6

What is the present value of $2,025 per year, at a discount rate of 7 percent, if the first payment is received 6 years from now

and the last payment is received 23 years from now

Business
1 answer:
Marysya12 [62]3 years ago
7 0

Answer:

The correct answer is $20,369.65.

Explanation:

According to the scenario, the computation of the given data are as follows:

Payment (pmt) = $2,025

Discount rate ( rate) = 7%

Time period ( Nper) ( 6 -23 years) = 18 years

So, we can calculate the Present value by using financial calculator.

Attachment is attached below.

So, Present Value = $20,369.65

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Peter owns an auto dealership. Peter hires Cara as a receptionist, Ben as a salesperson, Stacy as a mechanic, and the "Clean as
drek231 [11]

Answer:

d. Emeralda from " Clean as a Whilte Co." runs over patty Pedestrain in the dealership's parking lot.

Explanation:

Liability is the degree to which a person is responsible for injury that happens to another party in a lawsuit. Peter owns an auto dealership. Peter hires Cara as a receptionist, Ben as a salesperson, Stacy as a mechanic, and "Clean as a Whistle Co." as cleaners.

Peter will be least liable if Emralda from "Clean as a Whistle Co." runs over Patty I'm the dealership's parking lot.

This is because Peter hired the company as a seperate entity from the cleaning company employees. The conduct of employees from the cleaning company is responsibility of "Clean as a Whistle Co."

8 0
3 years ago
These linings contain goblet cells, which secrete ____________ to help trap particles and protect the cells of the lining. Anoth
alexira [117]

Answer:

mucus

Explanation:

These linings contain goblet cells, which secrete mucus to help trap particles and protect the cells of the lining. They are able to do this by secreting mucins which are large glycoproteins formed mostly by carbohydrates and are kept in granules inside the goblet cells. They are kept there until it is time to be released to the lumen of the organ in question.

8 0
3 years ago
Manuel Hoped to graduate from college by age 22 but finds himself enrolling for the first time at age 52. The anxiety Manuel fee
HACTEHA [7]

Answer:

Social clock

Explanation:

The social clock refers to expectations set by society on preferred timings of accomplishing life milestones such as finishing school, getting married, having children etc. For example, because many students graduate from college by the age of 22, Manuel will feel pressured because he will complete college past the average completion age in society. This situation illustrates the social clock.

5 0
3 years ago
What is the maximum loan amount a bank will provide a borrower under the following circumstances: LTV: 70% Appraised Value: $320
valkas [14]

Answer:

$231,000

Explanation:

The maximum loan amount that the borrower would get from a bank is the 70% of the contract price which is computed thus:

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In other words,the borrower should be willing to provide 30% of $330,000 while the bank complements the borrower's efforts withe balance of 70%

5 0
3 years ago
An electronics store wants to clear the warehouse of all television models
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Answer:

$600

Explanation:

just took the test

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