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Dahasolnce [82]
3 years ago
12

A retirement plan guarantees to pay you or your estate a fixed amount for 20 years. At the time of​ retirement, you will have​ $

31,360 to your credit in the plan. The plan anticipates earning​ 8% interest annually over the period you receive benefits. How much will your annual benefits​ be, assuming the first payment occurs one year from your retirement​ date?
Business
1 answer:
Annette [7]3 years ago
7 0

Answer:

Annual benefit = $3194

Explanation:

Given data:

Period of annuity = 20 years

Total  Amount of money at retirement time = $31,360

Rate of interest = 8%

annual benefit can be obtained b using given formula:

annual benefit  = \frac{total\ amount}{PV\ factor}

PV factor for given 8% rate for 20 year is 9.8181

Annual benefit =\frac{31,360}{9.8181} = $3194

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ABC stock has just closed at $70.50. A customer has an open order on the Specialist's book (DMM's book) to sell short 100 shares
Rudiy27

Answer:

A) Sell short 100 ABC at 69.45 Stop

Explanation:

When an order is placed below the market (OBLOSS - Open Buy Limits Open Sell Stops) it will be adjusted on the specialist's book for distributions on ex date. This open sell stop order = $70 - $0.55 (dividend) = $69.45

So the adjusted order will be: Sell short 100 ABC at 69.45 stop.

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3 years ago
Joe​: ​"i think the key additional information you need to know in deciding whether the doctor should keep the medical practice
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3 years ago
The unemployment rate is the percentage of the: Group of answer choices population that is unemployed. adult population that is
IRINA_888 [86]

Answer:

labor force that is unemployed.

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed.

The unemployment rate is divided into various types, these include;

1. Cyclical unemployment rate (CU).

2. Frictional unemployment rate (FU),

3. Structural unemployment rate (SU).

4. Actual unemployment rate (AU).

5. Natural Rate of Unemployment (NU).

Hence, the unemployment rate is the percentage of the labor force that is unemployed.

8 0
3 years ago
Read 2 more answers
Dingo Division’s operating results include: controllable margin of $150,000, sales totaling $1,200,000, and average operating as
LekaFEV [45]

Answer:

<u>Dingo should reject this project </u>

<u />

Explanation:

sales - operating expenses = controllable margin

controllable margin/operating asset = return on assets

100,000 sales - 86,000 expenses = 14,000

14,000/200,000 = 0.07 = 7%

This project yield 7% which is lower than Ding required rate of return of 9%

Dingo should reject this project of finance it through a lower cost of capital.

4 0
3 years ago
Breezy Company is disposing of equipment that was originally purchased for $550,000 and has $145,000 of accumulated depreciation
BARSIC [14]

Answer:

$405,000

Explanation:

The calculation of total amount is shown below:-

If the company disposes of the equipment to buy the new equipment, the sunk cost will be the old equipment's book value.

Sunk cost = Book value of the old Equipment

Sunk cost = Cost of equipment - Accumulated Depreciation

= $550,000 - $145,000

= $405,000

Therefore for computing the sunk cost we simply deduct the accumulated Depreciation from cost of equipment

7 0
3 years ago
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