<span>student loans will offer a six month grace period after a student/ borrower leaves the school, interest on the loans will add to the cost of the loans on top of what you already owe</span>
Answer and Explanation:
According to the scenario, computation of the given data are as follow:-
A).Present Value of the Cash Flow for the Lump Sum Payout
= Prize of Lottery Amount × (1 -Tax Rate)
= $506,300 × (1 - 0.46)
= $506,300 × 0.54
= $273,402
B).Present Value of the Cash Flows for Annuity Payout is
= Annuity Payment × (1 - Tax Rate) × PVIFA 8%,20 Years × (1 + Rate of Return)
= $37,000 × (1 - 0.26) × 9.8181 × (1 + .08)
= $37,000 × 0.74 × 9.8181 × 1.08
= $290,325
c). According to the analysis, $290,325 is more than the $273,402, So he should be chooses option (b) $290,325 as a payout option.
Answer: is unit elastic
Explanation:
If the percentage increase in the quantity supplied equals the percentage increase in the price, the supply will be said to be unit elastic.
In the unit elastic supply, it should be noted that supply responds perfectly to the changes in price. This simply means that there'll be an equal change between the price change and the quantity that is supplied.
Answer:
-1.10%
Explanation:
Calculation for percentage return on a stock
Stock percentage return=$46.20 + 1.67 - 48.40)/$48.40
Stock percentage return= = -.0110*100
Stock percentage return=-1.10%
Therefore the percentage return on a stock is -1.10%
Answer:
44.44%
Explanation:
Profit is obtained by subtracting cost from revenue.
I,e.,
Profit = revenue - cost.
In this case,
Profit = $135,000 - $75,000
Profit = $60,000
As a percentage of revenue
= $60,000/ $135,000 x 100
= 0.44444 x 100
= 44.44 %
