Answer:
Today, the investment is worth $31,997.29
Explanation:
Giving the following information:
An investment offers $5,900 per year for 15 years, with the first payment occurring one year from now. The required return is 6 percent
First, we need to calculate the final value, using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual pay= 5,900
n= 15
i= 0.06
FV= {5,900*[(1.06^15)-1]} / 0.06= $137,328.22
Now, we can determine the present value:
PV= FV/ (1+i)^n
PV= 137,328.22/ 1.06^25= $31,997.29
Answer:
The answer is C. only liable on pre-formation debt until a novation occurs.
Explanation:
The corporation and the third-party agree to release the promoter from liability and to substitute the corporation in place of the promoter as the party liable on the contract. May be express or implied.
<u>Solution and Explanation:</u>
Most money related specialists characterize a terrible FICO rating as anything beneath a 600, however, every loan specialist has its own principles while checking on applications. The normal American has a FICO assessment of 687, which helps put the range into viewpoint.
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<span>In order to compute the gestational age of their
fetus by determining the time of last menstrual period. Gestational age is also
called the menstrual age which measures the age of the fetus. Gestational age
is usually being computed by the date of the last menstrual period of the
mother and by doing an obstetric ultrasound to verify the size of the fetus and
thru this it can estimate the gestation age of the fetus. </span>
Answer:
Personal ethics
Explanation:
Personal ethics is a basically the philosophy behind each action of an individual. The degree of right and wrong each person denotes their actions with.
In the above question, Joe uses personal ethic in the form of business ethic. According to him, these are right actions that would be bring him career prosperity and a loyal customer base which would indirectly effect effect his reputation along with the companys' reputation.
