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kozerog [31]
3 years ago
6

Shelley wants to cash in her winning lottery ticket. She can either receive five, $202,000 semiannual payments starting today, o

r she can receive a lump-sum payment now based on a 6% annual interest rate. What is the equivalent lump-sum payment?
Business
1 answer:
Nesterboy [21]3 years ago
4 0

Answer:

$952,853.88

Explanation:

The lump sum payment can be calculated using the present value of annuity formula which shall be calculated as follows:

Present value of annuity=R((1-(1+i)^-n)/i)=lump sum payment today

Where R=semi annual payment=$202,000

n=number of semi annual payments=4 since first payment is to be received today

i=interest rate=3%(6/2) in this case since the payments are semi annual.

Lump-sum payment=202,000+202,000((1-(1+3%)^-4)/3%)

                              =$952,853.88

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Equipment loans are often tied to all of the following except:
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<span>The correct answer is C. Equipment loans are not usually tied to the redevelopment of the business real estate in any way. Equipment and real estate are two distinct classes of business assets. An equipment loan would, however, be tired to the equipment itself as the nature of the equipment would determine the amount of the loan. The equipment would also usually serve as collateral on the loan. The financial position of the borrow and the business's overall cash flow (but mainly its operating cash flow) would also be tied to the equipment loan in that these items would help the bank assess the risk of the loan and therefore determine the interest rate and terms of the loan.</span>
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3 years ago
A client reports foot pain and is diagnosed with arterial insufficiency. The nurse provides teaching about what the client can d
mr Goodwill [35]

Answer:

It is the answer B.  "I will elevate my foot."

Explanation:

8 0
3 years ago
When a principal is partially disclosed Group of answer choices the agent and principal will be jointly and severally liable on
vlabodo [156]

The correct answer is the agent and principal will be jointly and severally liable on the contract.

In general, an agent is not accountable for contracts made; the principal is. However, the agent will be held culpable if he is not or only partially revealed, if the agent lacks or exceeds authorization, or if the agent entered into the transaction in a personal role.

When an agent works on behalf of the principle in interactions with a third party, a contractual relationship is formed between the main and the third party, and the agent is not personally accountable.

Therefore, the correct option is the agent and principal will be jointly and severally liable on the contract.

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8 0
2 years ago
An investment project provides cash inflows of $570 per year for eight years. What is the project payback period if the initial
vekshin1

Answer:

Invest. Cash Flow   Payback  

-$1,675   $570        2,94  

-$3,275   $570          5,75  

-$4,800   $570        8,42  

Explanation:

The payback period method gives the total time necessary to get back the money invested in a project considering the each year cash flows.

As here the Cash flow are the same each year only it's necessary to divide de amount invested by the annual cash flow expected.

Invest. Cash Flow   Payback  

-$1,675   $570        2,94  = $1,675/$570

-$3,275   $570          5,75   = $3,275/$570

-$4,800   $570        8,42   = $4,800/$570

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3 years ago
Place the steps in order to perform a quick sort.
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What’s the quesitos asking? Like I know it’s a quick sort but like about what?
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