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Nutka1998 [239]
3 years ago
7

You have your choice of two investment accounts. Investment A is a 9-year annuity that features end-of-month $2,180 payments and

has an interest rate of 8 percent compounded monthly. Investment B is an annually compounded lump-sum investment with an interest rate of 10 percent, also good for 9 years. How much money would you need to invest in B today for it to be worth as much as Investment A 9 years from now
Business
1 answer:
PtichkaEL [24]3 years ago
5 0

Answer:

Hence, $ 145548.77 should be invested in B today for it to be worth as much as investment A 9 years from now.

Explanation:

Future value of investment A

=2180*(((1+(8%/12))^(9*12)-1)/(8%/12))

=343196.39

How much money would you need to invest in B today

=343196.39/(1+10%)^9

=145548.77

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Which action would a government most likely take to reduce its
Rudik [331]
A; sounds like the best option
4 0
3 years ago
Teri, Doug, and Brian are partners with capital balances of $20,000, $30,000, and $50,000, respectively. They share income and l
mixer [17]

Answer:

$20,000

Explanation:

For computing the Doug withdrawal amount, first, we have to compute the net income or net loss which is shown below:

Net income/loss = Revenue - expense

                           = $350,000 - $380,000

                            = -$30,000

Now Doug share in net loss = Net loss × (his share ÷ total share)

                                               =  - $30,000 × (2 ÷ 6)

                                               =  - $10,000

We knew that the Doug capital is $30,000 and his share in loss is $10,000

So, its withdrawal amount = $30,000 - $10,000 = $20,000

                   

7 0
4 years ago
"Clothing maker The Gap states that its purpose as an organization is to "create emotional connections with customers around the
alexdok [17]

Answer:

mission statement

Explanation:

Mission statement -

It is the statement about the organization , as why is the organization in existence , determining the goal of the operation , the type of product ans service that the organisation provides , find the overall goal and the primary market and customer , is known as the Mission statement .

Hence , from the question , The Gap , the clothing maker have certain motto , i.e. , create emotional connections with the customer ,

Therefore , it is the company's Mission statement .

8 0
3 years ago
Emily Boyce, a project manager at an insurance firm, regularly satisfices while making decisions. She often comes across complic
grigory [225]

Answer:

B) search for solutions that are reasonable

Explanation:

When Emily solves her work problems by satisficing a large number of decisions, it means that she makes the decisions that are barely adequate to solve the issues. She doesn't take the time to make the best possible ones. Since she has a very tight work schedule, she doesn't have the time to search all the necessary information nor to search all the possible options. She doesn't have the time to analyze which alternative is best, she will take whatever option she finds first.

3 0
3 years ago
A professional theater company wants to hire a young actor to play an important part in a play. Many actors have expressed an in
SSSSS [86.1K]

Answer: C. An actor who comes from a respected talent agency.

Explanation:

Talent Agencies are professionals in the field. The people they send have been put through training programs that the Talent Agency knows will serve them well because they are in that same industry. For this reason, actors from Talent Agencies send the strongest signals.

Look at it this way, would you take investment advice from an investment banker or from an entrepreneur? Both could present very strong cases but the Investment Banker has expertise in the subject and is more likely to be picked.

It is the same here. The Talent Agency is believed to have expertise and so when they send someone, that person is considered first.

5 0
3 years ago
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