1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Leno4ka [110]
3 years ago
10

The maybe pay life insurance co. is trying to sell you an investment policy that will pay you and your heirs $39,000 per year fo

rever. if the required return on this investment is 5.8 percent, how much will you pay for the policy? (do not round intermediate calculations. round your answer to 2 decimal places,
e.g., 32.16.)
Mathematics
2 answers:
GenaCL600 [577]3 years ago
7 0

Answer:

Step-by-step explanation:

Given that,

Investment policy pay

PV= $39,000/year

% investment return =5.8%

r= 5.8% =5.8/100 = 0.058

Even though we need to calculate the value for one year, so we need to use one years as the number of periods. To find the FV of a lump sum, we use:

FV=PV/r

FV=39,000/0.058

FV= $672,413.7931

To 2d.p

FV=$672,413.79

Lorico [155]3 years ago
5 0
This cash flow is a perpetuity. To find the present value of perpetuity, we use the equation of
Pv=C÷r
Pv=39,000÷0.058
Pv=672,413.79
You might be interested in
Which polygons have no right angles?
asambeis [7]

Answer:

Rhombus,and pentagon

Step-by-step explanation:

a rhombus has only obtuse or acute angles same with the pentagon.

4 0
3 years ago
Read 2 more answers
The pair of linear equations 2x-3y = 14 and 3x - 2y = 4 has solution(s).<br><br>answer plz....​
Lesechka [4]

Answer:

2x -3y =1 and 3x-2y= 4 has

Step-by-step explanation:

The pair of linear equations 2x-3y=1 and 3x-2y=4 has one unique solution. , then it has a unique solution other wise not. Since , , it means the pair of linear equations has only one unique solution. Hence, the pair of linear equations 2x-3y=1 and 3x-2y=4 has only one unique solution.

a1/a2= 2/3

b1/b2= 3/-2 (-) cancle so it remains

c1 / c2 = 1/4

a1/a2 = b1/b2 not equal to c1/c2 as no solution

8 0
3 years ago
A parabola can be represented by the equation y2 = –x. What are the coordinates of the focus and the equation of the directrix?
Vilka [71]
(y-k)²=4p(x-h)
(h,k) is vertex
and since we got the y term squred, it is facing left or right
when p is positive, then focus is to right of veretx
p is distance from focus to vertex and from vertex to dirextix

y²=-x
(y-0)²=4(-1/4)(x-0)
vertex is (0,0)
p is negative so then focus to left of vertex
so the focus is (-1/4,0)
dirextix is x=1/4
8 0
3 years ago
Read 2 more answers
Solve the equation:<br> 12=19-√3x-11
Alekssandra [29.7K]
The answer is x=20. You isolate the square root. Eliminate the radical on the left handside. And then solve it!
4 0
3 years ago
Read 2 more answers
Please help me in this question, pleaee
-Dominant- [34]

Answer:

They will meet in 5:30.

Step-by-step explanation:

'Cause you have to fin the LCM (least common multiple). And in this case the LCM is 30.

7 0
3 years ago
Other questions:
  • An elevator starts at the lobby and makes 4 stops. The positive numbers stand for going up, and the negative numbers stand for g
    7·1 answer
  • Jose is going to rent a truck for one day. There are two companies he can choose from, and they have the following prices. Compa
    10·1 answer
  • Write a proportionality statement for the following triangles:
    9·1 answer
  • Solve for x: -3(x + 3) = -3(x + 1) - 5.
    10·1 answer
  • One - fifth as a percentage?
    9·2 answers
  • Any one knows the answer to this
    14·1 answer
  • What is the median of the following numbers? 6, 4, 1, 9, 3, 8, 3, 5, 10
    8·2 answers
  • conducted an experiment with orange, purple and blue colored lights to grow spinach. During their experiment, they conducted a c
    7·1 answer
  • Spencer and Hanna buy a pizza for $18 that is half pepperoni and half veggie. They cut the pizza into 8 slices.
    11·1 answer
  • A person invest 7900 in an account growing at a rate allowing the money to double every 8 years. How much money would be in the
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!