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monitta
3 years ago
14

Two annuities have equal present values and an applicable discount rate of 7.25 percent. One annuity pays $2,500 on the first da

y of each year for 15 years. How much does the second annuity pay each year for 15 years if it pays at the end of each year
Business
1 answer:
nignag [31]3 years ago
5 0

Answer:

$2681.30 approx.

Explanation:

The first annuity is case of annuity due

For the first annuity, $2500 + 2500 × cumulative present value factor at 7.25% for 14 years

= $2500 + 8.6158 × 2500

= $24040 approx

The second annuity is the case of deferred annuity wherein payments are made at the end of the year.

Payment amount of second annuity = Present Value of first annuity ÷ cumulative present value annuity factor at 7.25% for 15 years

This will be equal to 24,040/8.9658 = $2681.30 approx.

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After identifying and performing the preliminary classification of an organization’s information assets, the analysis phase move
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Answer:

threats

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Based on the information provided can be said that the analysis phase moves on to an examination of the threats facing the organization. This is the process of focusing on the individuals or organizations that may cause problems for the organization in the future, in order to design a plan on how to tackle those situations.

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Time Remaining 1 minute 56 seconds00:01:56 Item 1Item 1 Time Remaining 1 minute 56 seconds00:01:56 You Save Bank has a unique ac
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Answer:

Future value = 16007.81437

Explanation:

we have to compound all the rates for the time period together as the 7,750 as exposed to this rate and their interest generated in one period are taking into consideration for the subsequent period interest calculations.

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we now can solve for future value:

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6 0
3 years ago
Under the georgia safety responsibility law, if you cannot satisfy a claim filed against you for damages resulting from a motor
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Under the Georgia safety responsibility law, if you cannot satisfy a claim filed against you for damages resulting from a motor vehicle collision, your license will be suspended for one year.

Each state has their own standard of laws and what they do as far as license suspencion. Georgia will suspend the license for one year even if another state does it for a shorter or longer period time. Keep in mind each state is different and by checking their moter vehicle websites you can find information regarding their standards of moter vehcile collisions.

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Read 2 more answers
Don executes a will leaving half of his farm to his spouse Elsie and the rest to his sons, Frank and Greg, in equal shares. The
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Answer:

Don executes a will leaving half of his farm to his spouse Elsie and the rest to his sons, Frank and Greg, in equal shares. The will disinherits a third son, Hal. Don and Elsie divorce, but Don dies before changing his will. Under the Uniform Probate Code:

c. Frank and Greg receive the entire estate in equal shares.

Explanation:

  • Uniform Probate Code is applicable in almost 18 states of the United States that was developed to standardize the laws of wills, trusts, and intestacy.
  • The option a is not correct as Elsie can't get the half of the farm as Don and Elsie were divorced.
  • The option b is also incorrect as Elsie can't get the half of farm as well as Hal will not get the share.
  • The option c is correct as it is in accordance with Uniform Probate Code.
  • The option d is incorrect as state can't inherits the entire estate in the presence of heirs.
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3 years ago
A good change control process will include:
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Answer: A. All of these

Explanation: Change Control is the process companies uses to document, identify and authorize changes to an environment or process. It assists in reducing the chances of unauthorized modifications, disruptions and errors in the system/process and therefore follows a specific pattern towards its implementation. This would include: Change request identification, assessment, analysis, approval or rejection, and finally implementation. All these from start to finish is usually documented in the change request log.

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