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
NeTakaya
3 years ago
14

. Find the accumulated present value of a continuous income stream that earns 4.2% interest annually, when $4000 is deposited pe

r year for 30 years in the account.
Business
1 answer:
Mars2501 [29]3 years ago
4 0

Answer:

The accumulated present value is $67,518.99.

Explanation:

Investment opportunities that require a series of payments of a fixed amount for a specific number of periods are known as annuities.

The Present Value of this annuity can be calculated as :

Fv = $0

n = 30

r = 4.2 %

Pmt = - $4,000

P/ yr = 1

Pv = ?

Using a financial calculator, the  Present Value (PV) of the annuity is $67,518.9948 or $67,518.99.

You might be interested in
For each of the following transactions that occur in their lives, identify whether it is included in the calculation of U.S. GDP
melisa1 [442]

Answer:

Transactions included in the calculation of U.S. GDP:

Transaction C I G X M

1.  X

2. M

3.  I

4. C

5. G

Explanation:

a) GDP constituents:

Consumption (C) = private consumption expenditures by US households and non-profit-making organizations.

Investment (I) = business expenditures by profit-making organizations for purchase of capital goods or input for further processing.

Government purchases (G) = government spendings for public goods.

Exports (X) = Goods and services moved from the US to other countries.

Imports (M) = Goods and services from other countries into the US.

6 0
3 years ago
Managers and leaders perform many tasks as a result of their goals and objectives. Even though many tasks may be completed as a
uysha [10]

Answer:

a). Paul - Planning

b). Santiago - Organizing

c). Mathew - Planning

d). Chioe - Organizing

e). Kelly Tomasz - Leading

f). Ava - Controlling

g). Michelle - Organizing

Explanation:

Planning is described as the process of setting up the goals for the organization and formulating a course of action to achieve the intended goals.

Organizing is followed by planning which aims to assign the resources in a specific manner to ensure the effective accomplishment of the goal.

Leading is the process of providing guidance or direction to the staff, employees, and workers and keeps them motivated to ensure the smooth functioning of the process and achievement of optimum output.

Controlling is the last step in which the performances are governed and assessed as per the standards to find any variation.

8 0
4 years ago
Mentor Corp. has provided the following information for the current year: Units produced 3,500 units Sale price $ 200 per unit D
sasho [114]

Answer:

$ 145

Explanation:

Units produced 3,500 units

Sale price $ 200 per unit

Direct materials $ 70 per unit

Direct labor $ 55 per unit

Variable manufacturing overhead $ 20 per unit

Variable Costs = $ 145

Variable selling and administrative costs $ 30 per unit

Total Variable Cost = $ 175* 3500= $ 612500

Fixed manufacturing overhead $ 350,000 per year

Fixed selling and administrative costs $ 150,000 per year

Total Costs             $1112500

Total Unit Cost = $112500/3500= $ 317.85

7 0
4 years ago
Interview a business owner in your local community on the negative impact of crime on her business​
earnstyle [38]
What is the question
4 0
3 years ago
Which action will be least helpful if you’ve been the victim of identity theft?
MAXImum [283]
Report the fraud to each credit bureau
3 0
3 years ago
Read 2 more answers
Other questions:
  • Industries are defined by _____.
    11·2 answers
  • P. Daves Inc's stock is currently sells for $45 per share. The stock's dividend is projected to increase at a constant rate of 4
    5·2 answers
  • Wilson, Bart, and Susan Fields decide to set up a corporation together called Fields, Inc. They follow the correct procedures fo
    14·1 answer
  • Bert sells his car to Conrad for $5,000 and his bike to Del for $600. Bert sells his vinyl record collection to Elena for $1,000
    5·1 answer
  • Phoenix’s recovery will be complete by 2021, and there will be no further growth in free cash flow. a. Calculate the PV of free
    13·1 answer
  • What happens if you don't pay your insurance premium for your car?
    11·1 answer
  • Four percent of the customers of a mortgage company default on their payments. a sample of five customers is selected. what is t
    13·1 answer
  • A Cajun trinity, used in many Louisiana Creole and Cajun dishes such as gumbo, contains
    14·1 answer
  • Which of the following are key economic statistics that are used to describe the state of the macroeconomy? I) Gross domestic pr
    14·2 answers
  • . For this project, assume that an organization has five servers. Server 1 has a TCO of $25,000, Server 2 and 3 have a TCO of $3
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!