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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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1 year ago
Business Manager HeatherGuite expects her employees to be displeased or even hostile when she announces a new work schedule that
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Answer:

explain all background information first

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Heather must deal with her employees' tolerance levels, and their is a difference between absolute and relative tolerance. Absolute tolerance refers to tolerating other people's behavior just because you are polite and you don't want to cause more trouble, and relative tolerance refers to tolerating a bad situation because you know that there is valid cause for it. Heather must rely on her employees' relative tolerance.

8 0
3 years ago
determine the present value now of an investment of $3,000 made one year from now and an additional $3,000 made two years from n
GrogVix [38]

The present value of the investment is $5,658.29.

The present value is the value of an investment today. It is determined by adding the sum of the discounted cash flows of the investment.

Present value of year 1 cash flows= $3000 / 1.04 = $2,884.62

Present value of year 2 cash flows=$3000 / 1.04² = $2,773.67

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2 years ago
Jimmy has completed the headline section of his text ad and is now writing the description section. What are three factors that
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Text ads is been used by a company to promote their business, this usually include the description about their products and services.

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1 year ago
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kirill115 [55]

Answer:an increase the unemployment rate.

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