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labwork [276]
3 years ago
12

Geraldo recently won a lottery and chose to receive $100,000 today instead of an equivalent amount in 10 years, computed using a

n 8 percent rate of return. today, he learned that interest rates are expected to increase in the future. use exhibit 3.1. is this good news for geraldo given his decision?
Business
1 answer:
azamat3 years ago
3 0

This is good news for Geraldo's choice. On the off chance that Geraldo deferred the $100,000 at a 8 percent interest rate, the expansion in loan fees would have lessened the present estimation of the lottery rewards. The proportionate sum in 10 years at 8 percent is roughly $216,000. In the event that this sum was discounted back to display an incentive at 10 percent (rather than 8 percent), the present esteem would be just about $83,000.

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3 years ago
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Which of the following describes the management function that includes determining which tasks will be done, who will do them, h
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Planning management function

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geniusboy [140]

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3 years ago
Olive Maccones dies without a will. She has three sons and seven grandchildren. She owned a substantial amount of property. What
navik [9.2K]

Answer:

The property will be transferred according to the Statute of Descent and Distribution.

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Intestacy is the situation where a person dies without leaving a will for the sharing of his estate.

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The line of descent is the order of beneficiaries that are from an ancestor. The line of descent can be direct such as sons, or collateral such as cousins.

In this case where Olive Maccones dies without a will and she has three sons and seven grandchildren, her estate will be distributed by a court based on the line of descent of her sons and grandchildren.

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I would say D.
  
I hope this helps.
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