True it will tell you how and what you will be doing at the job
Answer:
$38,771.44
To achieve at least the 8% rate Walt can pay until this amount.
Explanation:
The goal would be to calcualte the present value for each cashflow using the expected rate of 8%
![\left[\begin{array}{ccc}-&Cash Flow&Discounted\\Year \: 1&12,500&11,574.0740740741\\Year \: 2&10,000&8,573.38820301783\\Year \: 3&7,500&5,953.74180765127\\Year \: 4&5,000&3,675.14926398227\\Year \: 5&2,500&1,701.45799258438\\Year \: 6&0&0\\Year \: 7&12,500&7,293.62994077667\\Total&50,000&38,771.4412820865\\\end{array}\right]](https://tex.z-dn.net/?f=%5Cleft%5B%5Cbegin%7Barray%7D%7Bccc%7D-%26Cash%20Flow%26Discounted%5C%5CYear%20%5C%3A%201%2612%2C500%2611%2C574.0740740741%5C%5CYear%20%5C%3A%202%2610%2C000%268%2C573.38820301783%5C%5CYear%20%5C%3A%203%267%2C500%265%2C953.74180765127%5C%5CYear%20%5C%3A%204%265%2C000%263%2C675.14926398227%5C%5CYear%20%5C%3A%205%262%2C500%261%2C701.45799258438%5C%5CYear%20%5C%3A%206%260%260%5C%5CYear%20%5C%3A%207%2612%2C500%267%2C293.62994077667%5C%5CTotal%2650%2C000%2638%2C771.4412820865%5C%5C%5Cend%7Barray%7D%5Cright%5D)
<em><u>For example year 3</u></em>
Then we add each cashflow, to get the present value of the project.
To achieve at least the 8% rate Walt can pay until this amount.
Answer:
a. 12% per year
Explanation:
Effective interest rate
r = (1 + i/n)^n - 1
r = effective interest rate
i = simple interest rate compounded monthly
n = number of compound intervals
12.68% = ((1+i/12)^12)-1)
1+0.1268 = ((1+i/12)^12)
1.1268^(1/12) =1+i/12
1.010 = 1+i/12
1.010-1 = i/12
0.010 x 12 = i
i = 0.12 = 12%
Answer:
d. She is discharged from performance because of impossibility of performance.
Explanation:
Alice's refusal to keep Creaky and Toady can be based on fact that She is discharged from performance because of impossibility of performance. Discharge of contract by impossibility of performance usually occurs when the contractual duty cannot be performed due to unforeseen and uncontrollable circumstances, such as death, illness etc, which can lead to the party been released from a contract on the ground that such uncontrollable circumstances have rendered performance impossible.
