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lana [24]
3 years ago
14

Your uncle has $500,000 and wants to retire. He expects to live for another 30 years and to earn 6.5% on his invested funds. How

much could he withdraw at the end of each of the next 30 years and end up with zero in the account
Business
1 answer:
Andrei [34K]3 years ago
3 0

Answer:

$38, 288.718

Explanation:

The amount to be withdrawn at the end of each year, for  30 years

The amount of $500,000 represents the present value while yearly withdraws the annuities.

We use a revised formula for calculating annuities.

Applicable formula is

P   = PV × r/( 1 − (1+r)−n

P = annual withdrawals

PV  = $500,000

r = 6.5%

n 30

P = 500,000 x( 0.065/ ( 1- (1 + 0.065) -30)}

p = 500,000 x (0.065/ (1-1+.065)-30)

p= 500,000 x (0.065 / 1-0.1511860661)

P =500,000 x (0.065 /0.848814)

P= 500,000 x 0.076577436

Yearly withdrawals  = $38, 288.718

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Webster, Inc. is considering an eightminusyear project that has an initial afterminustax outlay or afterminustax cost of​ $180,0
Basile [38]

Answer:

No

Explanation:

The estimation of the net present value is shown below:

= Present value of all yearly cash inflows after applying discount factor - initial investment  

where,  

The Initial investment is $180,000

All yearly cash flows would be

= Annual cost savings × PVIFA for 8 years at 12%  

= $35,000 × 4.9676

= $173,886

Refer to the PVIFA table

Now set these values to the formula above

So, the value would equal to

= $173,886 - $180,000

= -$6,134

Since the net present value is negative, so the project should not be accepted

4 0
3 years ago
Creative Sound Systems sold investments, land, and its own common stock for $31 million, $15.1 million, and $40.2 million, respe
wlad13 [49]

Answer:

Net cash provided from Investing activities is 8,900,000

Explanation:

Statement of cash flows from investing activities

                                                        Amount$

Sale of investment                        31,000,000

Sale of land                                    15,100,000

Purchase of equipment               -25,100,000

Purchase of patents                     <u>-12,100,000</u>

Net cash provided from              <u>8,900,000</u>

Investing activities

3 0
3 years ago
The organizations likely to benefit the most from the global reach of e-commerce are those that.
ElenaW [278]

The companies likely to advantage the most from the worldwide attain of e-commerce are those who more than one choice

*have already got physical shops, a website, and in-person and online clients worldwide.

*Perform in towns or other regions that accumulate an excessive income tax for or her items or services.

*promote products or services that can be delivered online, inclusive of ebooks or online instructions.

*previously trusted foot site visitors into one physical save to sell their products.

international attain refers to a commercial enterprise initiative to boom the get right of entry to between an agency and their modern and ability customers thru using the internet. The internet allows the corporation to market themselves and entice new clients to their website where they are able to offer product records and higher customer service.

clients can vicinity orders electronically, consequently reducing luxurious long remote cellphone calls and postage prices of placing orders, even saving time on behalf of the purchaser and employer.

A business enterprise striving to achieve international attain ought to offer a code of ethics, an agency shopping policy, extra contact facts, ok product facts, and charges. The website itself has to be multi-lingual, the customer is easy to use and has the capability to secure information.

worldwide e-commerce is the system of promoting products or services online throughout geopolitical borders to customers in foreign nations. compared to local e-commerce, wherein a store most effectively sells within its united states of starting place, international eCommerce lets traders expand into non-native markets and reach new clients.

Learn more about e-commerce here:brainly.com/question/23369154

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3 0
1 year ago
Intro to Investing Math Quiz
olga nikolaevna [1]

As a result of having increased from a price of $55 to $85, we can say that the stock value increased by<u> 54.55%</u>

The stock was valued at $55 then it increased to $85. First thing to do is to check how much it increased by in dollar terms:

<em>= New price - old price </em>

= 85 - 55

= $30

In percentage terms, this is:

<em>= Increase/ Old price x 100%</em>

= 30 / 55 x 100%

= 54.55%

In conclusion, the stock value increased by 54.55%

<em />

<em>Find out more at brainly.com/question/10273187.</em>

4 0
3 years ago
Match each trade organization or agreement with its description.
Dominik [7]

Answer:

1. World Trade Organization

2. North American Free Trade Agreement

3. The European Union

Explanation:

a. World Trade Organization (WTO): Oversees trade agreements among over 150 member nations and arbitrates trade disagreements among member countries. The world trade organization (WTO) is an intergovernmental organization that set rules, policies and regulates global trade across the world. It was established officially on the 1st of January, 1995.

b. North American Free Trade Agreement (NAFTA): Created a free-trade zone consisting of the United States, Canada, and Mexico with the purpose of eliminating trade barriers between these countries. It officially became effective on the 1st of January, 1994.

c. The European Union (EU): An agreement between over 25 nations, which abolished tariffs among member countries and standardized policies on agriculture, transportation, and business practices. It was established officially on the 1st of November, 1993. Some of its member countries are Sweden, Italy, Germany, Portugal, Croatia, Russia, France, Spain, Netherlands etc.

8 0
3 years ago
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