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Kitty [74]
3 years ago
8

Carrie Tune will receive $31,000 for the next 11 years as a payment for a new song she has written. Use Appendix D for an approx

imate answer, but calculate your final answer using the formula and financial calculator methods. a. What is the present value of these payments if the discount rate is 12 percent?
Business
1 answer:
r-ruslan [8.4K]3 years ago
6 0

Answer:

$184,068.70

Explanation:

Given that

Annual payments = $31,000

Discount rate = 12%

Time period = 11 years

The computation of the present value is shown below:

= Annual payments  × PVIFA factor for 11 years at 12%

= $31,000 × 5.9377

= $184,068.70

Simply we multiplied the annual payments with the PVIFA factor so that the present value could arrive

Refer to the PVIFA table

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You have been offered an investment that will pay you a lump sum of $30,000 25 years from today, along with a payment of $1,000
leva [86]

Answer:

$5,793.40

Explanation:

The amount you invest is called the Principle Value (PV). Therefore the question requires us to determine the Principle Amount that will pay you a lump sum of $30,000 25 years from today.

<em>FV = $30,000</em>

<em>N = 25</em>

<em>PMT = ($1,000)</em>

<em>P/Yr = 1</em>

<em>I = 6 %</em>

<em>PV = ?</em>

Using a Financial Calculator to input the values as shown above, the Principle Value (PV) is calculated as $5,793.40.

Therefore, you will be willing to invest $5,793.40 today to have this investment in your portfolio

6 0
3 years ago
3. Vegetables wilt or soften and their color intensifies as they
maks197457 [2]

[] Answer []

\boxed{Boil}

[] Explanation []

<u><em /></u>

<u><em>Vegetables wilt or soften and their color intensifies as they boil</em></u>.

      When boiling vegetables, the food will be sitting in a pot of water with the heat on low, medium, or hight. Once the water gets warmer, the water will cook the vegetables, causing them to get tender and softer. This will cause the vegetables color to get darker, and go limp.

       When boiling vegetables, the flavor will not intensify, just the color, and it's shape. The water will drain any tase from the vegetable, but it will cause the food to go limp and get softer. Boiling is a famous way to cook your favorite vegetables, although the taste is not highly favored among lots of people.

\boxed{[] \ Eclipsed \ []}

8 0
3 years ago
Debts and obligations of a business are referred to as:.
sertanlavr [38]

Answer:

Liabilities

Explanation:

Liabilities are the debts and obligations that a business owes.

4 0
2 years ago
Suppose that a profit-maximizing monopoly firm undergoes a substantial technological change that reduces its marginal and averag
Svetradugi [14.3K]

Answer:

Rise

Explanation:

A monopoly is defined as a market situation where only one seller determines the supply and price of a product, because they are the only ones that produce it.

When forms make technological advancements, they are able to make processes cheaper. So there is more money saved that can be used to increase production.

In this scenario for every product manufactured there is a $40 saved. This excess cash can be put back into the production to increase the output and profit.

4 0
3 years ago
Which of the following real estate investments involves purchasing real estate and selling it for profit within a short period o
coldgirl [10]

Answer:

b

Explanation:

when you flip you buy at a low price, fix it up then sell at a higher price for profit. usually in less than 6 months

5 0
2 years ago
Read 2 more answers
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