Dorothy Taylor has won a state lottery and will receive a payment of $93,000 every year, starting today, for the next 20 years.
If she invests the proceeds at a rate of 5.76 percent, what is the present value of the cash flows that she will receive? (Round factor values to 4 decimal places, e.g. 1.5212 and final answer to nearest whole dollar, e.g. 5275.)
2 answers:
Answer: The answer is $1,092,865.5426
To the nearest whole dollar, we have:
$1,092,866
Explanation: from the question above, we will be calculating the present value of a cashflow of $93,000 over a period of 20 years, at a rate of 5.76%.
We will be performing a discounting operation.
Refer to the attached files below to see the calculations and how we arrived at the answer above.
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The net total change in total assets comes out to 1,27,0000 when the change in assets and liabilities is computed.
<h3>What do you mean when you say "assets" and "liabilities"?</h3>A company's assets are everything it possesses. They may be located on the balance sheet's left side. Liabilities are all debts that a company owes, both now and in the future. They may be found on the balance sheet's right side.
Current and fixed assets are the two categories of assets.
- Current assets are those that can be turned into cash immediately. For example, Cash accounts receivable, and inventory is among them.
Current and long-term obligations are the two categories of liabilities.
- Credit lines, loans, wages, and accounts payable are examples of current obligations that must be paid back within a year.
Thus,
According to the aforementioned circumstances, There will be a total shift of 1,27,0000 in assets.
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Answer:
The answer is "Option D, F, E, B, A, and C".
Explanation:
please find the complete question in the attached file.
Please find the choice order in the attached file.
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