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wariber [46]
3 years ago
11

Carol expects to receive $1,000 at the end of each year for 5 years. The annuity has an interest rate of 10%. The present value

of this annuity at Time Zero, the inception of the annuity (rounded to the nearest dollar) is?
Business
1 answer:
Gre4nikov [31]3 years ago
5 0

Answer:

$3,791

Explanation:

Given that

Expected amount received = $1,000

Number of years = 10 years

Rate of interest = 5

So, the present value of this annuity  would be

= Expected amount received × PVIFA factor at 5 years at 10%

= $1,000 × 3.7908

= $3,791

Refer to the PVIFA table

Simply we multiplied the expected amount received by the PVIFA factor

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artcher [175]

Answer:

c. Inelastic demand

Explanation:

Inelastic demand means that the quantity ordered on a product is not affected by changes in price. The demand is relatively constant regardless of a change in price.

Coffee and sugar are complementary goods. Usually, price fluctuation in one of them should affect the demand of the other. In this case, changes in sugar prices have not affected the demand for coffee. If price changes do not affect demand, then the product has inelastic demand.

7 0
4 years ago
Baldwin has negotiated a new labor contract for the next round that will affect the cost for their product Buzz. Labor costs wil
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Answer:

433 units

Explanation:

Information related to production costs are missing, so I looked for it. I found the following:

current sales price = $17

current fixed costs = $7,242

new labor costs per unit = $2.60, which results in a $0.50 increase

new direct materials cost per unit = $5.82, which results in a $1 decrease

total variable costs per unit = $8.42

Baldwin plans to pass 50% of the changes in costs to its customers:

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new sales price = $17 - $0.25 = $16.75

contribution margin per unit = $16.75 - $8.42 = $8.33

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3 0
4 years ago
Take-home pay is equal to
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Answer:

B. gross income - (required deductions + optional deductions)

Explanation:

Take-home refers to the net pay of an individual. Salaried employees are subject to statutory deduction, such as taxes and pensions. An employee may also have voluntary deductions like loans or a mortgage. The net pay that an employee receives after all deductions is the take-home pay.

Take-home is subject to state laws and regulations. Employers are not allowed to deduct employees' pay beyond a certain percentage. The law requires an employee to have a take-home of around 36 percent if his or her net income.

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When we commit to students’ wellbeing and learning through the practice of positive influence, professional judgment and empathy
natulia [17]

Answer:

c. care and protection

Explanation:

The answer to this question is based on the framework of Ethical Standards for those pursuing a teaching profession. It involves four main values; care, respect, trust and integrity. This framework acts as a guide to educators on ethical ways to think, act and make decisions when serving students. Committing to students’ wellbeing and learning through the practice of positive influence, professional judgment and empathy in practice is part of care and protection.  

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