WE ARE TALKING ABOUT THE WORLD SERIES. The team will gain more followers, popularity, will play more games, and that means MORE MONEY gained for them!
Answer:
Present value of the obligations $ 697,064
Cash contributions (annuity-due):
Annual payment $ 259,126.684
Explanation:
We solve for the PV of each annuity:
Tinkers
PV $205,553.5493
Evers:
PV $237,671.2914
we now discount for the deferred year:
Maturity $237,671.00
time 1.00
rate 0.12000
PV 212,206.2500
Chance
PV $269,789.0335
now, we deffer for the two year period
Maturity $269,783.00
time 2.00
rate 0.12000
PV 215,069.3559
<em><u>We add then:</u></em>
215,069 + 269,789 + 212,206.2500 = 697,064
The firm will make the first payment on Dec 31,2024 thus this will be an annuity due.
PV 697,064.00
time 3
rate 0.12
C $ 259,126.684
Ian is a uniquely good position here: the truth happens to be one of the best explanations he could possibly give. The fact that he quit his job to look after his sick mother, assuming that his former employer has positive things to say about him, is a solid reflection of his character and a sign that he was out of the job market not due to a lack of options, but a need to take care of a sick family member.
Ian should tell the truth, and explain the decision thoroughly to demonstrate the kind of person he is to the prospective employer, and what his priorities are.
Answer: 16%
Explanation:
Interest rate on long term treasury securities is calculated below using following formula:
Interest rate = Real risk-free rate + inflation premium + default risk premium + liquidity premium + maturity risk premium
= 3% + 8% + 2% + 2% + 1%
= 16%
Interest rate on long term treasury securities is 16%.