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
lidiya [134]
3 years ago
14

A building owner charges net rent of $20 in the first year, $21 in the second year, and $22 in the third year. Using a 10 percen

t discount rate, what is the effective rent over the three years
Business
1 answer:
Ronch [10]3 years ago
7 0

Answer:

$20.94

Explanation:

first we must determine the present value of the the 3 rent amounts:

PV = $20/1.1 + $21/1.1² + $22/1.1³ = 52.07

then you need to calculate the payment considering the following values:

  • principal = $52.07
  • n = 3
  • i = 10%

using a loan calculator payment = $20.9381 ≈ $20.94

You might be interested in
Question 10 (5 points)
Shkiper50 [21]

Answer:

I think it's a store manager who is paid an hourly rate

Explanation:

5 0
2 years ago
Read 2 more answers
Your favorite ice cream travels from the producer, who manufacturers the product, through several other organizations before arr
malfutka [58]

This set of organizations called Marketing channel

Explanation:

A marketing channel is used to move the control of goods from either the point of origin to the place of purchase by individuals, organizations and acts. The way goods meet the customer, the end-user, is however known as a sales channel.

Marketing channels allow organisations to increase their scope and profits. Each communications platform, though, offers a different visibility and output ratio, so that it can be combined together. Current delivery structures–like manufacturer, wholesaler and seller–or versions that include one or two parts, can be part of marketing networks.

For example, companies such as Dell and Avon prohibit wholesalers and retailers from marketing to customers with their own stores and salespeople.

5 0
3 years ago
You are given the following information with respect to a bond: par value: 1000 term to maturity: 3 years annual coupon rate 6%
Minchanka [31]

Answer:

Tha annual effective yield rate for the bond is:

= 6.2%

Explanation:

a) Data and Calculations:

Bond par value = $1,000

Annual coupon rate = 6%

Annual spot interest rates = 7%, 8%, and 9% for year 1, year 2, and year 3 respectively

Current value of bond = $970 ($1,000 * 99% * 99% * 99%)

Annual coupon payments = $60 * 3 = $180

Effective rate for the three years = $180/$970 * 100 = 18.6%

Annualized effective yield rate = 6.2% (18.6%/3)

OR

Annualized effective yield rate = (Annual coupon payments/Current value of bonds)

= 6.2% ($60/$970)

5 0
2 years ago
I’ll pay somebody 50$ if somebody do this now.
laila [671]

Answer:

I can help if you want..

Explanation: So did someone already do this for you or something? If not I can do it. I just want to know if someone answered the question or you just did it. Please lmk.

3 0
2 years ago
Pauline’s parents perform tasks of which order in this scenario? Pauline’s family is fairly liberal. Her parents have set certai
sdas [7]

Answer:

The reason is that the Pauline's parents are performing parental orders which includes the imposition of conditions. These imposed conditions and rules for the children are for their benefit and will help them in forming habits and protect themselves from the world evil beings. All the habits structuring of Pauline which her parent desire are of immense importance for her future life. Neither of the condition or rule mentioned in the case are unethical and are what a proactive person possesses and are also desirable. This shows that the parents are working hard with their children to let them have a good set of habits and reflects good parenting. Though initiallt it seems that the liberty of Pauline is diminished but will ensure its future safety and liberty in the long run. People have choice to drink wine but this doesn't mean that the childrem must also taste them. This is because its not good for health and that the lack of good parenting will affect them most.

3 0
3 years ago
Other questions:
  • Mackenzie resolves to start exercising three times a week when her membership at a local gym begins, in two weeks. in which stag
    6·1 answer
  • Van pays the following medical expenses this year:
    13·1 answer
  • ____ is the amount of data that can be transferred in a fixed time period.
    5·1 answer
  • The trial balance of Barger Company at the end of the accounting period, immediately prior to recording closing entries, showed
    9·1 answer
  • 1. The level of prices and the value of money
    14·1 answer
  • Why do central banks play an important role in the global economy?
    14·1 answer
  • 9. Amir also needs to calculate the commissions paid each month. If the company earns $275,000 or more in a month, the commissio
    14·1 answer
  • If a bond is purchased at a premium, the yield to maturity is A) the same as the current yield. B) lower than the nominal yield.
    6·1 answer
  • Total Output Price Marginal Revenue Average Total Cost Marginal Cost 1 $ 100 $ 100 $ 100.00 $ 30 2 90 80 63.00 26 3 80 60 52.67
    13·1 answer
  • In a designed experiment, a(n) _____ measures the difference that a factor has on the response.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!