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
If you're unsure of what chart to use for a set of data, what feature does Excel include that will help you to decide? A. Sparkl
meriva

Answer:

B. Recommended Charts

Explanation:

If you are unsure of the best chart option for your data use the Recommend Charts button. It will open the Insert Chart window shown here. When you select a chart, three buttons appear along the right side of the selection

6 0
3 years ago
Which of the following is true about careers in agriculture?
PtichkaEL [24]

the real answer is a

5 0
3 years ago
When Corey runs out of shampoo he buys whatever brand is on sale at his local CVS drugstore. What is his level of involvement in
hodyreva [135]

Answer: A. Extensive

Explanation: When Corey runs out of shampoo he buys whatever brand is on sale at his local CVS drugstore.

From the above question, Corey has an extensive decision making on toothpaste purchase as he does not have any brand loyalty. He buys whatever brand is available for him to buy and he is not particular about the name, the size or content of the product he is buying.

6 0
3 years ago
business ethics chapter 4 friedman's view of the corporate world supports the rights of individuals to make money with their inv
alukav5142 [94]

Answer:

True

Explanation:

Because in Friedman's view making profit is the only social responsibility of the company. He said this because in his view the company has to earn profit for investments and if the company makes investments, it would create jobs and increased exports. So this means this is the best social responsibility in context of a economist, the company can pursue.

3 0
3 years ago
The shadow price measures, per unit increase in the right hand side of the constraint, Select one: a. the change in the value of
MA_775_DIABLO [31]

Answer:

A. the change in the value of the optimal solution.

Explanation:

  • A shadow pricing is associated with each constraint of the model and is the instantaneous changes that occur in the objective model of the optimal solution that is obtained by changing the right-hand side constrained by one unit and a reduced cost is associated with each variable of the model. Also referred to  as a monetary values that is assigned to the current unknowable or difficult to calculate costs.
7 0
3 years ago
Other questions:
  • How should the davises react to adidas' planned acquisition of reebok? what aspects of new balance's operations strategy should
    7·1 answer
  • Which of the following is a benefit of doing business with an online bank? A. 24 hours/7 days a week business hours
    11·2 answers
  • On January 1, 2018, Red Inc. issued stock options for 280,000 shares to a division manager. The options have an estimated fair v
    14·1 answer
  • Look at your personal fact sheet. In which areas do you have the most room for improvement? What methods can you use to improve
    9·1 answer
  • The primary purpose of the legal reserve requirement is toa. Prevent banks from hoarding too much vault cash.b. Provide a means
    13·1 answer
  • Simple Random Sampling: The EAI data has information on the annual
    9·1 answer
  • How might taxes have an impact on your financial plan?
    5·1 answer
  • lantwide rate unit cost, using direct labor hours? Relative to the plantwide rate, the cost increased for Form A and decreased f
    12·1 answer
  • which factor in the business environment does be wiser need to address in order to stay abreast minimum wage
    13·1 answer
  • Naomi weighed 50 patients for a medical study using a scale that measures to the nearest whole pound. She then calculated the me
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!