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Leni [432]
2 years ago
6

Shelley wants to cash in her winning lottery ticket. She can either receive eight $100,000 semiannual payments starting today, o

r she can receive a single-amount payment today based on a 6% annual interest rate. What is the single-amount payment she can receive today?
Business
1 answer:
Aleksandr-060686 [28]2 years ago
6 0

Answer:

single-amount payment $925,160

Explanation:

Given data:

Amount $100,000

Rate 6%

interest semi annually 3%

Number of period 5

Lumpsum Payment = A\times {PVAF@ I,n}

                                = A\times {PVAF@ 3\%,5}

calculation for PVAF

PVAF @ I,N =\frac{(1-(1+I)^-N)}{I}

[email protected] 3%,5 = \frac{(1-(1+0.03)^{-5})}{0.03}

                          =4.58

                   

Lumpsum Payment =202000*4.58

                               =925160

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Which of the following is the correct statement about fixed costs? The fixed cost per unit will decrease when volume increases.
Montano1993 [528]

Answer:

The correct statement is: "The fixed cost per unit will decrease when volume increases."

Explanation:

Total fixed costs remain the same within a relevant range, but the <em>fixed cost per unit</em> decreases as production increases, because the same fixed costs are spread over more units produced.

6 0
3 years ago
Select the items that describe perfect competition.
MA_775_DIABLO [31]
C) open entry and exit.
4 0
3 years ago
Petra's Programming competes on cost with WonderWeb in the web design industry. Both firms operate on a 90 percent learning curv
vladimir1956 [14]

Answer:

The correct answer is (D)

Explanation:

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7 0
3 years ago
Big Tree Lumber has earnings per share of $1.36. The firm's earnings have been increasing at an average rate of 2.9 percent annu
GalinKa [24]

Answer:

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Explanation:

A valuation metric for determining the relative trade-off between the price of a stock, the earnings generated per share (EPS), and the company's expected growth are referred to as the 'PEG ratio' (price/earnings to growth ratio).

Generally, a company with a higher growth rate would have a higher P/E ratio.

PE ratio = Stock price/EPS

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PEG ratio = PE ratio/ Earning growth ratio

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PEG ratio    = 5.93

3 0
3 years ago
Come up with 3 companies you would like to invest and why?
Sonbull [250]
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(good luck and hope this helps)
3 0
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