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Viefleur [7K]
3 years ago
8

You have just won the lottery and will receive $560,000 in one year. You will receive payments for 22 years, and the payments wi

ll increase 3 percent per year. If the appropriate discount rate is 10 percent, what is the present value of your winnings?
Business
1 answer:
spin [16.1K]3 years ago
5 0

Answer:

$6,116,915

Explanation:

to solve this question you can use an excel spreadsheet to determine the 22 payments. Just type 560000 in the first cell and the second cell = A1 * 1.03, then you drag down until the 22th cell.

Once you have completed the 22 cells, you just go to financial formulas and look for NPV and enter 10% rate and select the 22 cells.

=NPV(10%,560000,...1041765) = $6,116,915

The NPV function actually doesn't give you the NPV it only calculates the present value of the cash flows.

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En que afecta la venta de mascotas exoticas a la biodiversidad?
andrew11 [14]

Answer:

Explanation:

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8 0
3 years ago
Nick, a skilled welder, had been working for 12 years in a factory that recently closed. This has caused high unemployment in hi
pychu [463]

Answer:

move to a place where his welding skills will be valued and in demand in the marketplace

Explanation:

If Nick wants to maximize his human capital (Labour) and his wealth accumulation (income) and since he got unemployed since their is high unemployment in his town and region, he needs to move or relocate somewhere else where he can get a job to maximize his Labour and earn an income

6 0
3 years ago
How are SAE programs expanded and/or diversified?
harkovskaia [24]

Answer:

The SAE programs could be extended even diversified using the following techniques.  

Explanation:

  • Increased self-employment has led to something like the SAE programs.  
  • Rather than growing the breadth of this. The concept seems to be the volume, gross margin, quantity of acres, respectively.  
  • By introducing or growing new goods as well as companies. This would be referred to those as diversification.  
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8 0
3 years ago
in the U.S. cash takes which forms? bills and coins /bonds and treasuries /dollars and Euros/reserves and treasuries
Eva8 [605]
I believe it is Bills and Coins.
7 0
3 years ago
A company is considering building a new factory, which department is most likely going to be in charge of evaluating options to
mamaluj [8]

Answer:

Explanation:

Sunk, or past, costs are monies already spent or money that is already contracted to be spent. A decision on whether or not a new endeavor is started will have no effect on this cash flow, so sunk costs cannot be relevant.

For example, money that has been spent on market research for a new product or planning a new factory is already spent and isn’t coming back to the company, irrespective of whether the product is approved for manufacture or the factory is built.

Committed costs are costs that would be incurred in the future but they cannot be avoided because the company has already committed to them through another decision which has been made.

5 0
3 years ago
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