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Dafna1 [17]
2 years ago
7

the lease on a new office requires an immediate payment of $24,000 (in year 0) plus $24,000 per year at the end of each of the n

ext 10 years. at a discount rate of 14 percent, what is the present value of this stream of lease payments?
Business
1 answer:
Novosadov [1.4K]2 years ago
6 0

Answer:

<em><u>The answer is</u></em>: <u>$ 20,640 every year.</u>

<u />

Explanation:

<u>Leasing a new office requires an immediate payment of $ 24,000 (in year 0)</u>, plus $ 24,000 per year at the end of each of the next 10 years, which would be a total of $ 240,000 in 10 years, with a fee <u>Discount of 14 percent</u>, would be 240,000 x 0.14 = $ 33,600 in those 10 years, which would be $ 3,360 annually, <u>which subtracted from the $ 24,000 annually</u> would be a total of: $ 20,640.

<em><u>The answer is</u></em>: <u>$ 20,640 every year.</u>

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Answer: The answer is as follows:

Explanation:

Each item is classified as follows:

(a) Issuance of ownership shares - Common Stock

(b) Land purchased - Assets

(c) Amounts owed to suppliers - Liabilities (Accounts Payable)

(d) Bonds payable - Liabilities

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3 years ago
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yanalaym [24]

Answer:

Real Estate Law Commissioner

Explanation:

Based on the information in the question it can be said that the source that provides all of this information is the Real Estate Law Commissioner. Other than creating and enforcing real estate law, the commissioner acts as the source that provides all of the information being requested in the question including sewer assessments, liens, utilities to the lot, blanket encumbrances and street maintenance.

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4 0
2 years ago
Once dan kim has successfully tested the concept for a new product, his next step would be
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7 0
3 years ago
An excise tax on alcohol causes the supply of alcohol to decrease and the price of alcohol to decrease.
Ainat [17]

Answer:

False

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Obie accuses Portia, a broker with QT Financial Services, of fraudulently inducing him to invest in Risky Development Company, w
Ghella [55]

Options:

A. Subjective statement

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C. Puffery

D. Seller's talk

Answer:B. Misrepresentation of a fact knowing that it is false.

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