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3 years ago

12

Dwayne has renters insurance that he must pay twice a year. If each payment is $84, how much money should he set aside each mont

h to cover his renters insurance? Round to the nearest dollar.

2 answers:

vlada-n [284]3 years ago

5 0

Answer:

$7

Explanation:

$84 dollars a year, a year has 12 months, so 84/12 = $7

lozanna [386]3 years ago

4 0

since he has to pay it 2 times a year, it should be divided by 6. so 84/6=14

Answer: C. $14

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kotykmax [81]

Answer:

$199,149.08

Explanation:

a = 100, i=0.06/12=0.005, n=40*12=480, FVA = Future value of annuity

FVA = A*[(1+i)^n - 1/ i]

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FVA = 100 * [9.957454/ 0.005]

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FVA = $199,149.08

So, the amount that will be in his account when he retires at age 62 is $199,149.08.

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3 years ago

A cost-benefit analysis is a way _____.

deff fn [24]

Cost- benefit analysis sometimes called benefit-cost analysis, is a systamti approach to estimating the strengths and weaknesses of alternatives that satisfy translations

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3 years ago

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valina [46]

Answer:

5.34%

The correct option is C,5.60%

Explanation:

The are two requirements here,the first is after cost of debt for the first part of the case study and after tax cost of debt for the second part of the scenario:

1.after tax cost of debt=pretax cost of debt*(1-t)

pretax cost of debt is 9.7%

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after tax cost of debt=9.7%*(1-0.45)=5.34%

2.

The pretax cost of debt here is computed using the rate formula in excel:

=rate(nper,pmt,-pv,fv)

nper is the number of times the bond pays coupon interest which is 15

pmt is the annual coupon interest receivable by investors i.e $1000*12%=$120

pv is the current market price of the bond which is $1,136.50

fv is the face value of the bond at $1000

=rate(15,120,-1136.50,1000)

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Wewaii [24]

Answer:

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Redesigning a product or service does not necessarily have to do with improving employee satisfaction, but it would be great if it does it as a side effect.

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considering a project that is equally as risky as the firm's current operations. The firm has a cost of equity of 15.4 percent a

Svetllana [295]

Answer:

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3 0

3 years ago