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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.

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3 years ago
Managerial accounting information is generally prepared for a. shareholders b.creditors c.managers d.regulatory agencies
amm1812

Answer:

Correct option is (c)

Explanation:

Managerial accounting reports are prepared for the internal use by managers within different departments in the organization. They may or may not be published for external users like creditors or customers.

These reports need not comply to any established authorities like GAAP or IFRS. They are used by managers for various decision making purposes, so they can be prepared as per the manager's convenience.

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3 years ago
NuKere, a nuclear plant, accidentally leaks hazardous waste onto a nearby property, despite having recently passed a rigorous se
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Answer:

a.) Nukere should be held liable because of the dangerous nature of hazardous waste. Regardless of safety checks, the accident happened.

Explanation:

"Nuclear power plants" are known to be<em> the most reliable source of electricity</em> there is in the world. However, they pose some<em> risks</em> especially when it comes to the possibility of a nuclear accident happening.

When it comes to "nuclear third party liability," a strict liability of the nuclear operator means that the victim has no fault in any situation that might occur. This means that <em>the operator is responsible or liable</em> of the power plant's dangerous nature of hazardous wastes.

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This explains the answer.

4 0
3 years ago
What education does a childcare director need
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Answer:

An associate's or bachelor's degree in early childhood education is needed to work as a child care director.

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4 0
3 years ago
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On January 1, 2021, Badger Inc. adopted the dollar-value LIFO method. The inventory cost on this date was $101,600. The ending i
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Answer:

a. An additional layer of $12,760 is added to the 12/31/2021 balance.

Explanation:

The computation of the inventory balance is given below:

2021 Base year cost is

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Additional layer is

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= $12,760

Therefore the first option is correct

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3 years ago
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