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
mr Goodwill [35]
3 years ago
5

Lisa's opportunity cost rate is 10 percent compounded annually. How much must she deposit in an account today if she wants to re

ceive $3,200 at the end of each of the next 12 years? Use the equation method to determine the amount to be deposited today.
a) $18,725
b) $14,868
c) $23,252
d) $17,226
e) $21,804
Business
1 answer:
oksian1 [2.3K]3 years ago
6 0

Answer:

e) $21,804

Explanation:

Annuity payments at the end of each year is an Ordinary Annuity . Using a financial calculator, input the following;

Total duration; N = 12

Interest rate; I/Y = 10%

Onetime future value ; FV = 0

recurring payment ;  PMT = 3,200

then compute Present value; PV = 21,803.814

Therefore, she would deposit  $21,804 in her account today. This makes choice E correct.

You might be interested in
A study in your town found that 54 in 1,762 people have a post office box. what percent of the people in town have a post office
puteri [66]

Reports of study in my town have shown that out of the 1,762 people in the town, 54 have a post office box.

 

Therefore, the percent of the people in town have a post office box

= 54 / 1762 X 100

= 3.06%

4 0
3 years ago
Read 2 more answers
Is used to record and accumulate all the costs assigned to a specific job.
Mashutka [201]
The Correct Answer is Option D. (Job-Cost record)
6 0
3 years ago
"Jobs Now is an employment website. Like its competitors, it offers free listings in every category, which is free for job seeke
Savatey [412]

Answer:

A revenue model

Explanation:

A revenue model is a business organizational framework and strategy  for balancing a business expenditure and income generation per revenue stream outlined by the business by identification of the veritable revenue sources, the structure of the pricing for the access to the value derived from the revenue source, as well as how customers are to pay for the value of the services of the revenue source

In essence, a revenue model maps value to buyers of a given valuable product.

8 0
3 years ago
Nancy aspires to be a business development manager. What job requirements does Nancy need to fulfill? To become a business devel
Solnce55 [7]

Answer:

Nancy needs to have a bachelor’s degree or master’s degree in<u><em> business administration</em></u> and good <u><em>communication</em></u> skills.

Explanation:

The major roles that a business development manager has to perform are:

  • Interpret the sales lead
  • maintain good contacts with the clients and provide information to the new clients.

<em>To get a job as a business development manager, a person should have a degree in business management, administration or another degree pf equivalent value.</em>

<u><em>A person aspiring for this shall have a vast knowledge about business and also should have good communication skills.</em></u>

<u />

5 0
3 years ago
When it comes to investments, does Boudreaux believe your age should dictate your risks?
Stella [2.4K]

Answer:

He believed that the risk appetite depends on every individual nature and hence has no correlation with the age of each individual.

Explanation:

Boudreaux because of his research conducted on the age and the risk appetite of each individual, depending upon the age concluded that there is no existence of any correlation between age and risk appetite. And that the risk appetite is natural thing in human behavior and is not influenced by their age.

6 0
4 years ago
Other questions:
  • __________ involves working with and through people to accomplish organization goals.
    14·1 answer
  • Question 1 Saved
    15·1 answer
  • Which of the following best describes an economic system?
    13·2 answers
  • Phillips Equipment has 75,000 bonds outstanding that are selling at par. Bonds with similar characteristics are yielding 7.5 per
    6·1 answer
  • Lower than normal blood pressure is called?
    15·1 answer
  • AIDA, the indirect strategy for persuasive messages, seeks to gain the attention, interest, ________, and action of the audience
    8·1 answer
  • In 2019, Aurora received a $25,000 bonus computed as a percentage of profits. In 2020, Aurora’s employer determined that the 201
    14·1 answer
  • If a perfectly competitive firm with constant returns to scale was reorganized as a​ monopoly, its monopoly price would be​ ____
    12·1 answer
  • 1. Control of temperature, endocrine activity, metabolism, and thirst are functions associated with (1 point). the medulla oblon
    14·2 answers
  • 1. Arrange the following income statement items so they are in the proper order of an income statement:Taxes Earnings per shareS
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!