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4 years ago

Rebecca would like to set up an account to supplement her parents' retirement income for the next 15 years.

Business

1 answer:

vova2212 [387]4 years ago

5 0

Answer:

Explanation:

a.)

This is an annuity type of question. Using a financial calculator, input the following to find the PV of the Ordinary annuity;

Total duration; N = 15*12 = 300

Monthly rate; I/Y = 7.2%/12 = 0.6%

One-time future cashflow; FV = 0

Recurring monthly payment; PMT = 150

then compute present value; CPT PV = $20,845.24

b.) This is an Annuity Due type of question since the recurring monthly payment occur at the beginning of the month.

Using a financial calculator, change the mode to "BEG" and input the following to find the PV of the annuity due;

Total duration; N = 15*12 = 300

Monthly rate; I/Y = 7.2%/12 = 0.6%

One-time future cashflow; FV = 0

Recurring monthly payment; PMT = 150

then compute present value; CPT PV = $20,970.31

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Protecting intellectual property rights is important to a free enterprise system because:

ra1l [238]

Answer:

B. it allows entrepreneurs to profit from their ideas.

Explanation:

Intellectual properties are valuable ideas, innovations, and creations to a business. They are intangible assets that give a business its competitive advantage. Protecting intellectual properties ensure an individual or entity reaps the full benefits of the inventions and creations.

Protecting intellectual properties safeguards a company's ideas from being exploited by its competitors for commercial gains. It gives a business the right to exclusively profits from its innovations. Protecting intellectual properties encourages research and development as entrepreneurs are guaranteed to benefit from their creations.

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3 years ago

If the economy is in an inflationary gap and the government attempts to balance the budget, the effect will be to

Alex17521 [72]

Answer:

To cover budget imbalances, governments borrow money

Explanation:

A government's national debt grows every time it borrows money.

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2 years ago

When needing to complete a currency exchange you should a _____

vampirchik [111]

I think you forgot to give the options along with the question. I am answering the question based on my knowledge and research. When needing to complete a currency exchange you should contact a financial institution like a bank, check online exchange rates and go to a currency exchange store. I hope that the answer has come to your help.

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3 years ago

Where can tourist obtain travel vaccinations

baherus [9]

It would depend on what country you’re currently in.

https://wwwnc.cdc.gov/travel/page/travel-vaccines

Whenever I had to travel abroad, I’d go to a passport health Center.

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2 years ago

Jennifer is divorced and files a head of household tax return claiming her children, ages 4,7, and 17, as dependents. Her adjust

Stells [14]

Answer:

Ans: $ 3900 The correct answer is :

Explanation:

Explanation:

1) For 2018 phaseout limit for AGI is $ 200,000

2) The credit phaseout by $ 50 for each $1000 of MAGI Over thereshold.

3) $ 211,200 - $ 200,000 = $11200

4) $11,200 ÷ $ 1000 = 11.2

= $ 12 (Round it off )

5) $ 12 × $ 50 = $ 600 phase out

6) Child Credit Per child is $ 2000.

7) ( 2 kids x 2,000 each ) - 600 = 3,400

8) 3,400 + 500 (1 kid 17 and over ) = 3,900

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3 years ago