Answer:
$34,244.98
Explanation:
For computing the settlement worth in present value terms first we have to determine the future value which is shown below:
Value at year 4 = Annuity × [1 - 1 ÷ (1 + interest rate)^number of years] ÷ interest rate
= $7,275 × [1 - 1 ÷ (1 + 0.07)^7] ÷ 0.07
= $7,275 × [1 - 0.6227497419
] ÷ 0.07
= $7,275 × 5.3892894016
= $39207.08
Now the present value is
As we know that
Future value = Present value × (1 + interest rate)^number of years
$39,207.08 = Present value × (1 + 0.07)^2
So, the present value is
= $39,207.08 ÷ 1.1449
= $34,244.98
We simply applied the above formula so that the present value comes i.e today's value
<span>B. Debt
</span>A credit<span> risk is the risk of </span>default<span> on a </span>debt<span> that may arise from a borrower failing to </span>make<span> required payments.</span>
Answer:
Explanation:
The two attached pictures shows the explanation for this problem. I hope it help you. Thank you
Answer:
Quantity variance.
Explanation:
The difference between actual and standard cost caused by the difference between the actual quantity and the standard quantity is called the Quantity variance.
For instance, if Tony needs a standard quantity of 50 pounds of iron to construct a burglary, but only used 51 pounds, then the quantity variance is 1 pound of iron.
<em>Hence, the quantity variance is simply the difference between the actual quantity of materials that should be used and the quantity of materials that was used. </em>
It is that your pay stubs might b wrong
