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bonufazy [111]
3 years ago
8

Prizes are often not "worth" as much as claimed. Place a value on a prize of $5,000,000 that is to be received in equal annual p

ayments over the next 20 years, with the first payment beginning today. Assume an interest rate of 7 percent over the 20-year period.A) $2,212,652B) $2,648,504C) $2,833,899D) $2,950,567A
Business
1 answer:
denis23 [38]3 years ago
6 0

Answer:

C) $2,833,899

Explanation:

This is an "annuity due " type of question, it is asking for  the Present value (PV) or present worth of an annually recurring equal payment; PMT.

First, divide 5,000,000 by 20 to get equal payment = 250,000

Using a financial calculator on "BGN" mode, input the following;

N= 20

I/Y = 7%

PMT = 250,000

FV = 0

then compute present value; CPT PV = 2,833,898.81

Therefore, it will be worth $2,833,899

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An energy company is seeking to build a pipeline across multiple Canadian provinces and U.S. states. Though __________________ m
sp2606 [1]

Answer:

The correct word for the blank space is: stakeholder mapping.

Explanation:

Stakeholder mapping is the act by which companies look for investors so they can finance their projects. The mapping allows entrepreneurs to verify if their project plan is good enough to attract capital and the process also helps to identify who of those investors are serious in making the plan become a reality.

7 0
3 years ago
Match the job titles with the career clusters
Lerok [7]

<u>Business Management and Administration</u>: general manager and executive secretary

<u>Finance</u>: accountant, loan officer

<u>Marketing, sales, and service</u>: survey researcher and purchasing agent

<u>Transportation, distribution, and Logistics</u>: storage and distribution manager and cargo and freight attendant

7 0
3 years ago
Read 2 more answers
Identify the risks exist in the conversion cycle of Central Production Limited.
11111nata11111 [884]

Answer:

Authorization of transactions:- Because of unclear subjugation, there is a potential risk of entering a money transfer again and again. To minimize this, all workers should adopt the rules for specific purchases, such as maintaining a set pricing list and guarantee a limited error distance.

Explanation:

The following are the risks which currently exist in the Central Production Limited conversion cycle:-

  • Lack of a "Maker and Checker" concept:- It is important because it executes the role of a sort account executive to check that the instructions and demands presented are correct and are not replicated. It would be extremely effective that someone in a position of power and authority might supervise certain rates and with certain operations.
  • Use of Hard-copies:- The production center supervisor will temporarily suspend the use of such hard copies for each production process. It is not only a resource loss, but risks being lost or duplicated as well. It really would give them a better chance if all online requests could be collected which would be far more effective and could be seen by all stakeholders. It will also lead to better leadership and faster distribution of information.
  • Wastage:- Tests should be in place to determine why additional material is needed above the normal volume, and it should be approved by a senior authority to the superintendent of the production line.
  • Supply Chain Management:- Interactions between a variety of agencies are too many. Use an ERP (Enterprise Resource Planning) device to help in streamlining the entire process flow will serve them well.
5 0
3 years ago
Lindsay​ Electronics, a small manufacturer of electronic research​ equipment, has approximately 6 comma 800 items in its invento
nignag [31]

Answer:

97.8 or 98 items

Explanation:

A items:

= Percent of items in inventory × No. of items

= 0.1 × 6,800

= 680

B items:

= Percent of items in inventory × No. of items

= 0.31 × 6,800

= 2,108

C Items:

= Percent of items in inventory × No. of items

= 0.59 × 6,800

= 4,012

Units to be counted everyday:

=\frac{A\ items}{workings\ days} + \frac{B\ items}{workings\ days} + \frac{C\ items}{workings\ days}

=\frac{680}{22} + \frac{2,108}{61} + \frac{4,012}{124}

      = 30.90 + 34.55 + 32.35

      = 97.8 or 98 items

7 0
3 years ago
Why does human want change over a period of time ?​
Mrac [35]

Every human has a desire for better standards of living. For this, they need to change with their desires and wants for the better in terms of food, clothing, and living
5 0
3 years ago
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