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olasank [31]
3 years ago
9

You want to buy an annuity that will pay you $1000 per year for 20 years. You find an account that will pay 4% per year, compoun

ded annually. How much must you deposit today in order to fund this annuity?
Business
1 answer:
tresset_1 [31]3 years ago
3 0

Answer:

The amount to be deposited today = $13,590.33

Explanation:

<em>The amount to be paid for the annuity would the sum equal to the present value of the cash flow from the annuity.</em> The present value of an ordinary annuity is determined using the relationship below:

PV of annuity = A× ( (1-(1+r)^(-n) )/r

A- Annual cash flow

r- interest rate per annul

n- Number of years

PV- Present Value of annuity'

DATA

A-1000

r- 4%

n- 20

PV = 1,000 ×( (1 - 1.04^(-20))/0.04 =$13,590.33

The amount to be deposited today = $13,590.33

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What mechanism will you putin place if your new hire is under performing, e.G, on -line job trainingg
miskamm [114]

Answer:

Job training

Explanation:

Job training is an important procedure for an employee to understand the work and their job profile. Providing job training helps to develop the career profile of an employee and also the prospective growth of the organization.

When some one in the organization performance is lower or if he or she is under performing, then the best way to increase the productivity of the employee is to provide a job training so that the employee learns and practices the work culture and work effectively for the individual growth as well as the organizational growth.

5 0
3 years ago
Suppose a country has a money demand function ( M/P )^d = kY , where k is a constant parameter. The money supply grows by 12 per
mote1985 [20]

Answer:

Part A)

Inflation Rate = 12% - 4%

Inflation rate = 8%

Part B)

If the genuine income was higher, the expansion level would diminish subject to the buyer's spending limitations. As such, they will make a similar measure of cash yet their buying power per dollar will increase.  

Part C)

in the current scenario, increment in cash would cause the expansion rate to increment. On the off chance that we consider the past and occasions, for example, hyperinflation, take a gander at what the reason was. Governments were printing cash to pay obligations, which was diminishing the estimation of their money. Right now, would get paid and race to the store to go through their cash in light of the fact that their dollars today may just be worth 50 pennies tomorrow or at times, the following hour. Thus, our answer is if the speed of cash continues developing, expansion will continue developing also. These two factors are star repetitive with one another significance they move together.

5 0
3 years ago
First, we will start with annual depreciation. We will always use straight-line depreciation in this course Consider a firm that
NARA [144]

Answer:

Annual Depreciation expense = $15695.7692  rounded off to  $15695.77

Explanation:

We first need to calculate the cost of the equipment. The cost at which an equipment or asset should be recorded should include all the costs incurred to bring the asset into the place and condition necessary for its use as intended by the management. Thus the cost of the equipment will be,

Cost = 165891 + 42172

Cost = $208063

Now we can calculate the depreciation expense per year based on the straight line depreciation method using the following formula,

Annual Depreciation expense = (Cost - Salvage Value) / Estimated useful life

Annual Depreciation expense = (208063 - 4018) / 13

Annual Depreciation expense = $15695.7692  rounded off to  $15695.77

6 0
3 years ago
Question 5 of 10
worty [1.4K]
I think the answer is D
4 0
3 years ago
Read 2 more answers
A decline in the Index of Supplier Deliveries is typically an indicator of a future _____ in economic production, and a narrowin
Umnica [9.8K]

Answer:

D. slowdown; slowdown

Explanation:

Based on the scenario been described in the question, a decline in the index of supplier deliveries will definitely slowdown economic production because it will lead to delay in delivery and also it is an indicator that future production will be slow. Also, the narrowing of the interest rate spread between 10years treasury note the three months bill is clearly an indicator that future economic production will be slow

4 0
3 years ago
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