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topjm [15]
4 years ago
9

Your parents have made you two offers. The first offer includes annual gifts of $5,000, $6,000, and $8,000 at the end of each of

the next three years, respectively. The other offer is the payment of one lump sum amount today. You are trying to decide which offer to accept given the fact that your discount rate is 6.2 percent. What is the minimum amount that you will accept today if you are to select the lump sum offer?
Business
1 answer:
expeople1 [14]4 years ago
7 0

Answer: $16,707

Explanation:

Given the given discount rate of 6.2%, the minimum amount that we shall accept today is the Present Value of the annual cashflows,

PV = \frac{5000}{1.062} + \frac{6000}{(1.062)^{2} } + \frac{8000}{(1.062)^{3} } = $16,707

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2(10-24x)+y2evaluate the expression when x=3 and y=5
Semenov [28]

your correct answers is 114


4 0
3 years ago
A(n) _____ exists when a country is the most efficient producer of an item.
kompoz [17]

A Absolute Advantage exists when a country is the most efficient producer of an item.

3 0
4 years ago
Sarah found success as an entrepreneur by employing a relationship marketing strategy. The goal of this strategy is to:_______
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Answer:

work closely with existing customers to better satisfy their wants and needs.

Explanation:

Relationship marketing is simply the development, growth, and sustaining of long-term, cost-effective relationships with individual customers, suppliers, employees, and other partners for mutual benefit of parties involved. It emphasize is placed more in retaining or sustaining customers because new customers are more expensive compared to existing customers and can help an organisation have long-term, cost-effective links with individual customers for benefits between both sides.

7 0
3 years ago
Assume that the U.S. population is 300 million. If 70 million individuals are legally classified as unable to work (or are less
Step2247 [10]

Answer: Option (E) is correct.

Explanation:

Given that,

U.S. population = 300 million

Individuals classified as unable to work =  70 million

Individuals classified as unwilling to work = 80 million

Unemployed = 14 million

Labor force = U.S. population - Individuals classified as unable to work  - Individuals classified as unwilling to work

                   = 300 million - 70 million - 80 million

                   = 150 million

Unemployment rate = \frac{Unemployed}{Labor\ force} \times100

                                 = \frac{14}{150} \times100

                                 = 9.3%

3 0
4 years ago
Erkkila Incorporated reports that at an activity level of 6,800 machine-hours in a month, its total variable inspection cost is
Mashutka [201]

Answer:

27.79

Explanation:

According to the given situation, the computation of average fixed inspection cost per unit is shown below:-

Average fixed cost of inspection = Inspection cost ÷ Machine hous in a month

= $197,309 ÷ 7,100

= 27.79

Therefore for computing the average fixed inspection cost per unit we simply applied the above formula.

3 0
3 years ago
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