Answer:
The mississippi college savings account program helps children save for more expensive schools by starting a savings account at a very young age.
The Mississippi College Savings Account Plan is helping bridge the economic drive by allowing the students to become familiar with the banking service, getting them used to the banking system and saving accounts.
Math appendix! Hope I helped!!
Land doesn't cease to exist, and it's not depreciated or covered by property insurance because of its Indestructibility. The property insurance coverage might include homeowners insurance, renters insurance, flood insurance, and earthquake insurance. The exception is high-value and the expensive personal property, which is normally covered by purchasing a "rider" to the policy.
If a claim is made, the property insurance policy will either reimburse the insured for the actual cost of the damage or the cost of replacing the problem. The property insurance can include, among the other things, homeowners insurance, renters insurance, flood insurance, and the earthquake insurance.
To learn more about insurance, click here.
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Answer:
<h3>Also known as business operations managers or business directors, business administrators are involved in monitoring day-to-day business operations, interacting with external partners, improving business and employee performance, negotiating contracts, and analyzing financial data.</h3>
Answer:
A. Draw the cash flow diagram.
since the site doesn't include a drawing tool I just prepared a table to depict cash flows associated to years one through four:
Year Cash inflows
1 $50 million
2 $60 million
3 $70 million
4 $100 million
B. What is the present worth of the gains for the first three years?
- the present value of the first three cash flows = $50/1.1 + $60/1.1² + $70/1.1³ = $45.45 + $49.59 + $52.59 = $147.63 million
C. What is the present worth of the gains for all four years?
- the present value of the first three cash flows = $50/1.1 + $60/1.1² + $70/1.1³ + $100/1.1⁴ = $45.45 + $49.59 + $52.59 + $68.30 = $215.93 million
D. What is the equivalent uniform annual worth of the gains through year four?
- equivalent annual worth = (NPV x r) / [1 - (1 + r)⁻ⁿ] = ($215.93 x 0.1) / [1 - (1 + 0.1)⁻⁴] = 21.593 / 0.31699 = $68.12 million
