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VLD [36.1K]
3 years ago
9

John's job provided the main income for his family. He died unexpectedly and had no life insurance. The probable financial conse

quence for his wife and two children does not include:
Business
1 answer:
Leto [7]3 years ago
8 0

Answer:

An increase in income and expenses

Explanation:

When the main provider of a family dies and he/she doesn't have any type of life insurance, then the whole family's economy will suffer. Their total income will probably plummet. Besides losing John's income, his family must all the  expenses related to his death, e.g. burial. As a terrible consequence, John's family will see their standard of living decrease.

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Your friend was injured in an accident, and the insurance company has offered him the choice of $25,000 per year for 15 years, w
katovenus [111]

Answer:

PV=$237,228.84

Explanation:

Giving the following information:

Annual payment= $25,000

Number of periods= 15 years

Interest rate= 7.5%

<u>To calculate the value of the payments today (PV), we need to use the following formula:</u>

<u></u>

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

PV= 25,000*{(1/0.075) - 1/ [0.075*(1.075^15)]} * 1.075

PV=$237,228.84

4 0
3 years ago
You are considering how to invest part of your retirement savings.You have decided to put $ 400 comma 000 into three​ stocks: 56
slamgirl [31]

Answer:

Explanation:

Money invested in Gold finger = 56% of $400,000 = $224,000

No. of stocks of Gold finger purchased = $224,000 /$16 = 14,000 shares.

Money invested in Moose head = 18% of $400,000 = $72,000.

No. of stocks of Moose head = $72,000/$77 = 935 shares

Money invested in Venture Associates = 400,000-(224,000-72,000) = $104,000

No. of stocks of Venture Associates = $104,000/$4 = 26000 shares

New value of portfolio = (14,000 shares × $41) + (935 shares×$69) +(26000 shares×$17)

= $574,000 + $64,515 + $ 442,000

= $1,080,515

1. Thus portfolio value after all changes in stock prices are accounted for = $1,080,515

2. % change in portfolio = (1080515-400000)/400000 = 170%

3. Weight of each stock in the portfolio:

Weight of Gold finger = (574,000)/1080515 = 53.12%

Weight of Moose head = (64,515)/1080515 = 5.97%

Weight of Venture Associates = (442,000)/1080515 = 40.91%

5 0
3 years ago
A company has developed a new smart clock. If the clock is successful, the present value of the payoff (at the time the product
timama [110]
The correct answer is letter C
5 0
2 years ago
Tidewater Distributors is successfully using short-term financing to buy inventory for resale. As sales climb, the managers real
zysi [14]

Answer:

A) repay the short-term obligations out of the sales revenue.

Explanation:

Tidewater should use their profits to try to lower their total debts, specially short term obligations. The problem with short term obligations is that the company continuously needs an inflow of cash to repay them.

It is not something unusual for retailers to take 1-3 month credits to purchase and resell merchandise, but they always have the risk of not being able to sell enough merchandise one month to cover their costs and their debt payments.

Long term debt is always more manageable since you have more than a year to pay them back and the interest rates are usually lower.

8 0
3 years ago
Read 2 more answers
Which of these are functions of an entrepreneur?
lorasvet [3.4K]

Answer:

both

Explanation:

an entrepreneur primarily does the first, but the second is true because taxes are collected on materials which are sold.

3 0
3 years ago
Read 2 more answers
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