1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
swat32
3 years ago
7

What is the PV of an ordinary annuity with 5 payments of $4,700 if the appropriate interest rate is 4.5%? a. $17,690 b. $18,621

c. $19,601 d. $20,633 e. $16,806
Business
1 answer:
hammer [34]3 years ago
3 0

Answer:

PV= $20,632.89

Explanation:

Giving the following information:

Annual payments= $4,700

Interest rate= 4.5%

Number of years= 5

First, we need to calculate the future value using the following formula:

FV= {A*[(1+i)^n-1]}/i

A= annual payment

FV= {4,700*[(1.045^5) - 1]} / 0.045

FV= $25,712.34

Now, we can determine the present value:

PV= FV/(1+i)^n

PV= 25,712.34/(1.045^5)

PV= $20,632.89

You might be interested in
To an experimenter in frame s′, the meter stick's frame, did you make your two measurements simultaneously? if not, which end di
Likurg_2 [28]

No,  it is not possible to measure simultaneously.we have to measure the left end first.

The meter scale is the apparatus for dimension of the period of any item. instance: The duration of the square is 5 meters. right here, 5 is the magnitude of the period and meter is the unit of length. 1 meter of the meter scale is split into a hundred centimeters. Meter scale is used to degree length.

The metre scale alongside the object in order that the 'zero' mark on the metre scale coincides with one give up of the item and studying at the other cease of the size suggests the duration of the item.

Measurement is the procedure of comparison of the given physical amount with the regarded fashionable quantity of the same nature. as an example, dimension of duration the usage of Vernier Callipers and measurement of diameter of wire using screw gauge.

Learn more about measurements here:- brainly.com/question/26668346

#SPJ4

3 0
1 year ago
Which estimating technique uses a statistical relationship to calculate cost or duration based on historical data and other proj
VashaNatasha [74]

Parametric estimation is a  techniques that uses a statistical relationship to calculate cost or duration based on historical data and other project parameters

Parametric estimation is a quantitative method (statisitical relationship) used to estimate the project cost, resources, and duration based on historical data and other project parameters.

Parametric estimation models are used when:

  1. There is precedent
  2. The model is a unit hence can be scaled up
  3. The parameters required are easily quantifiable

While the other options of this question is incorrect because:

b. grass roots estimating

Cost estimation done by the individuals who will be performing the task being estimated.

c. empirical estimating

Estimation method in which the data is obtained using empirical formulas. It is usually based on an amalgamation of historical data, assumptions, guesses, and personal experience.  

d. analogous estimating

Also called top-down estimating, this is a technique that involves comparing previous projects, personal experiences and cursory cross-referencing observed costs to estimate time resources required. This technique is most useful in the absence of quantifiable data.

You can learn more about project estimation at

brainly.com/question/24322317

#SPJ4

3 0
2 years ago
What quantity will the sellers be able to sell after the imposition of the price floor?
Ray Of Light [21]

If a price control makes production unprofitable or only slightly more lucrative than average, the amount supplied declines. A price limitation does not necessarily make output unprofitable or insufficiently profitable for all producers in a field.

Effects of a pricing floor. The government imposes a price floor to force consumers to pay manufacturers a minimum amount. In cases where the government feels that producers are obtaining an unjust amount, a price floor is created. With the sole purpose of aiding producers, price floors are imposed. Price floors do have certain negative market implications, though.

Price floor and pricing ceiling are both governmental measures of price regulation. But there is a limit or constraint on how low a price can be set for any good. Government-set minimum prices for specific goods and services are required by law in order to protect producers from receiving extremely low prices.

Learn more about the Imposition of the price floor here:

brainly.com/question/14450529

#SPJ4

7 0
2 years ago
The unauthorized use of intellectual property is called a. royalties. b. international franchising. c. foreign licensing. d. cou
padilas [110]

Answer:

Option D: Counterfeit activity

Explanation:

Counterfeiting activities refer to the wide range of activities that violate the intellectual property rights of individuals. They range from illegal product duplication to piracy and illegal production and sale of a patented product.

Counterfeiting does not only harm the Intellectual property owner, it also affects the nation.  This is because counterfeiting activities discourage creators from investing time and other resources to create novel products for the market that can boost the economy.

<em>The other options are not correct. They mean the following:</em>

Royalties refer to the sum of money that is paid to patent holders over the use f their products.

International franchising refers to the process of given permission to individuals around the world to operate and do business under your brand name, under strict adherence to certain codes  of conduct

foreign licensing refers to is the agreement between two companies to sell each other's products outside their home country.

3 0
3 years ago
"the ___________ is the highest-ranking is manager, responsible for all ______ planning in the organization"
stira [4]
1.) CIO
2.) STRATEGIC 
3 0
3 years ago
Other questions:
  • After spending months finalizing a marketing plan, the lead marketing manager presents it to the entire company. It soon becomes
    11·1 answer
  • ________ refers to the total value of all the exports and imports of the world's nations.
    13·1 answer
  • How does a merchandising business act as a collection agency for the state government?
    13·1 answer
  • LinkedIn opens a new office in Los Angeles. At the same time, a new minimum wage is implemented in Los Angeles that increases wa
    14·1 answer
  • Miley's business of gift items is earning her good profits. She is the sole proprietor of the business and wishes to expand it.
    9·2 answers
  • Fahad works for a company that markets all of Celextron's products. Fahad's company acts as the marketing department for Celextr
    15·1 answer
  • Pow Corp. accidentally overstated its 2018 ending inventory by $750. Assume that ending 2019 inventory is accurately counted. Th
    13·1 answer
  • If the number of firms in a monopolistically competitive industry increases and the degree of product differentiation diminishes
    10·1 answer
  • Economies that arise from performing a value creation activity in the optimal place for that activity are referred to as: produc
    15·1 answer
  • Which of the following is a factor that is usually considered in a cost benefit
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!