Answer:
Which of the following activities of a finance manager determines the types of assets the firm holds?
C. investment decisions
Explanation:
Select the type of assets in which the funds will be invested by the firm is termed as the investment decision
<span>Net worth is calculated by adding all of your assets together and then subtracting your total amount of debt. In this case, your net worth are the items you own and how much value they are worth. The car ($3200) and the investments ($7500) added together make a total of $10700. Your total debts are $1300 from your credit cards. Subtracting debts from assets ($10700 - $1300) you have a total net worth of $9400.</span>
I personally strongly disagree because you might control yourself but you can’t control what other people do around you.
Answer:
Annuity will be $33112.644
Explanation:
We have given future value ( FV ) = $4000000
Rate of interest r = 5% = 0.05
Number of periods n = 40
We know that future value is given by ![Futurte\ value(FV)=\frac{A}{r}[(1+r)^n-1]](https://tex.z-dn.net/?f=Futurte%5C%20value%28FV%29%3D%5Cfrac%7BA%7D%7Br%7D%5B%281%2Br%29%5En-1%5D)
Here A is annuity
So ![4000000=\frac{A}{0.05}[(1+0.05)^{40}-1]](https://tex.z-dn.net/?f=4000000%3D%5Cfrac%7BA%7D%7B0.05%7D%5B%281%2B0.05%29%5E%7B40%7D-1%5D)
![200000=A[(1+0.05)^{40}-1]](https://tex.z-dn.net/?f=200000%3DA%5B%281%2B0.05%29%5E%7B40%7D-1%5D)
So annuity will be $33112.644
