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
umka21 [38]
3 years ago
5

What's the present value, when interest rates are 8.0 percent, of a $160 payment made every year forever? (Round your answer to

2 decimal places.)
Business
1 answer:
stepladder [879]3 years ago
8 0

Answer:

The present value, when interest rates are 8.0 percent, of a $160 payment made every year forever is $2,000.

Explanation:

Payments each year = Cash flow = C = $160

Rate of Interest = r = 8% = 0.08

Present value of Perpetuity = Cash flow / rate of return

Present value of Perpetuity = C / r

Present value of Perpetuity = $160 / 0.08

Present value of Perpetuity = $2,000

So, the present value, when interest rates are 8.0 percent, of a $160 payment made every year forever is $2,000.

You might be interested in
Which of these is an example of a good with elastic supply?
DerKrebs [107]

Answer:

sandwiches

Explanation:

supplier has plenty of spare capacity to increase output

high stocks levels are available to meet raising demand

short production time frame to get products to market

easy of factor substitution is high

8 0
3 years ago
Read 2 more answers
Which of these is a pro of being a wage earner? A. You usually do not get to choose which projects you work on. B. You have a de
gregori [183]

Answer:

The correct answer is letter "C": You are usually not in charge.

Explanation:

Wage-earners are the people who live mainly thanks to the salary they receive. Under this category fall low-range workers whose base income is their source of income. Hardly ever low-range employees are assigned major tasks since they are subordinates, so the success or failure of a project does not rely directly on them since they are not the ones in charge.

3 0
3 years ago
Read 2 more answers
A manufacturing company reports the following items:
QveST [7]

Answer:

The cost of goods sold is  $ 4,800.

Explanation:

This problem requires us to calculate cost of good sold. The opening and closing balance of finished goods is given in the question. The cost of good manufactured is also provided in the question.

The cost of good sold can be calculated by finding the amount transferred from finished good account. Detail calculation is given below.

Finished good inventory begining       $ 1,000

Cost of good manufactured                  $ 5,000

Finished good inventory ending           ($ 1,200)

Cost of good sold                                   $ 4,800

5 0
3 years ago
2 pts Paul and Michael sell magazine subscriptions by telephone. Paul is paid $1.00 for every 5 calls he makes, while Michael is
WITCHER [35]

Answer:

D. Fixed-ratio; variable-ratio

Explanation:

Fixed ratio (FR) schedule, a specific or “fixed” number of behaviors must occur before you provide reinforcement.

Variable Ratio: In a variable ratio (VR) schedule, an average number of behaviors must occur before reinforcement is provided.

8 0
3 years ago
Which of the following statements is correct regarding fair value measurement?
Rashid [163]
Rhxhehxsjxhejdbejfbduf
6 0
3 years ago
Other questions:
  • Lee Holmes deposited $15,000 in a new savings account at 9% interest compounded semiannually. At the beginning of year 4, Lee de
    9·2 answers
  • Acquired $30,000 cash from the issue of common stock. Purchased inventory for $15,000 cash. Sold inventory costing $9,000 for $2
    5·1 answer
  • You are considering the purchase of a new car, the reborn VW Beetle, and you have been offered two different deals from two diff
    12·1 answer
  • Johan Co. has an intangible asset, which it estimates will have a useful life of 10 years, while Abco Co. has goodwill, which ha
    14·1 answer
  • A software firm has an opening for a software programmer. Jason, the HR manager, is making a list of all the tasks, duties, and
    6·1 answer
  • A small company heats its building and spends ​$8 comma 000 per year on natural gas for this purpose. Cost increases of natural
    6·1 answer
  • On June 1, 2017, Pharoah Company was started with an initial investment in the company of $22,350 cash. Here are the assets, lia
    8·1 answer
  • What type of network allows users to share files without the use of a computer server?
    9·1 answer
  • Chris would like to conduct a study on the effectiveness of a new substance-abuse treatment program. He has a sample of particip
    6·1 answer
  • Which knowledge area has been identified by architects, carpenters, and building inspectors as important in their work?
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!