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lesantik [10]
3 years ago
15

Your aunt is about to retire, and she wants to sell some of her stock and buy an annuity that will provide her with income of $5

0,000 per year for 30 years, beginning a year from today. The going rate on such annuities is 7.25%. How much would it cost her to buy such an annuity today?a. $574,924b. $605,183c. $635,442d. $667,214e. $700,575
Business
1 answer:
liraira [26]3 years ago
8 0

Answer:

The answer is 605,183.

Explanation:

The aunt has to calculate how much money will cost an annuity of 50,000 for 30 years, at one rate of 7.25%, and she wants to star at the end od the first year. The formula we need is C * (1-(1+i)^{-t} )/i, where C is the annuity, i is the rate, and t is the amount of years of the annuity., So, the calculation is 50,000 * (1-(1,0725)^{-30} )/0,0725 = 50,000 * 12,1036627 = 605,183.

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7. During January 2005, an Italian invested in the Italian stock market and earned a return of 1.47%. During the same month, an
vovangra [49]

Answer:

Escreva a expressão algébrica correspondente a cada sentença abaixo descrita.

a) O quadrado de um número real x.

b) O cubo de um número real y.

c) O triplo de um número adicionado ao dobro de um número k.

d) A terça parte de um número real diminuído 7.

Explanation:

Escreva a expressão algébrica correspondente a cada sentença abaixo descrita.

a) O quadrado de um número real x.

b) O cubo de um número real y.

c) O triplo de um número adicionado ao dobro de um número k.

d) A terça parte de um número real diminuído 7.

5 0
3 years ago
A customer places an order on January 1, 2019. Fifteen days later, that order is received by the manufacturing department. Twent
denis-greek [22]

Answer: 75 days

Explanation:

The total customer-response time (CRT), will be calculated as:

Order received by the manufacturing department = 15 days

Add: Order put into production = 20 days

Add: Processing time = 25 days

Add: Shipping Time = 15 days

Total customer response time = 75 days

6 0
3 years ago
Paying only the minimum balance on your credit card can lead to...
Darya [45]

Answer:

Payment of more interest in future and extension in the term of debt

Explanation:

Credit cards refer to plastic money.Such cards grant the holder the facility to withdraw and make payments greater than their balance of money in the account. Credit cards grant liquidity to the holder but at the same time, the holder is required to pay interest if the money drawn in excess is not paid back to the issuer within a stipulated time.

Minimum balance payment refers to that threshold limit of payment required which keeps the credit card and credit limit operational.

Paying a minimum balance eliminates late fee but interest will have to be paid on the balance remaining outstanding. So gradually, as one keeps paying only the minimum balance, the amount remaining unpaid would rise and thus, the interest to be paid on such outstanding amount shall rise too.

Also, with increasing outstanding dues, the debt term i.e the period by which the holder pays off the entire money due along with interest, will extend. So minimum balance payment may save funds initially, but has adverse long term implications.

5 0
3 years ago
A member in a cartel can earn more profits byA) charging a slightly lower price and raising production.B) producing less than th
zavuch27 [327]

Answer:

The correct answer to the following question is option A) charging slightly lower price and raising production .

Explanation:

A cartel can be defined as a group of firms , that join forces together to decide what level of output should be produced and at what prices they should be sold at. A cartel generally forms in oligopoly market where there are few firms in the market and they all have significant share in the market.

Reason why firms join forces together is because they want to have more dominant position in the market and increase the market power. So these type of cartels forms a monopoly n the market and earn high profits. But there are always chance of firms cheating each other in market, by either increasing the production or decreasing the price by a small percent, which will allow them to earn more profits.

7 0
3 years ago
Assume that the farmer and the rancher can switch between producing pork and producing tomatoes at a constant rate. Assume that
dusya [7]

Answer:

C) 6 pounds of pork and 8 pounds of tomatoes

Explanation:

Explanation:

            Labor hours to make 1 lb. of:          lbs. produced in 24 hours

                 Pork                  Tomatoes              Pork            Tomatoes

Farmer         6                            3                       4                       8

Rancher       4                            4                       6                       6

If both decide to specialize in producing only one good, the farmer will produce 8 pounds of tomatoes per day and the rancher will produce 6 pounds of pork per day.

This way when the rancher trades 4 pounds of pork in exchange for 6 pounds of tomatoes, he is gaining 2 pounds of pork which is equivalent to 8 labor hours.

When the rancher trades 6 pounds of tomatoes in exchange for 4 pounds of pork, he is gaining 2 pounds of tomatoes which is equivalent to 6 labor hours.

3 0
3 years ago
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