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shusha [124]
3 years ago
13

(1) The future value of the ordinary annuity is ​$22713.1822713.18. ​(Round to the nearest​ cent.) ​(2) The future value of the

annuity due is ​$25211.6325211.63. ​(Round to the nearest​ cent.) b. Compare your findings in parts a​(1) and a​(2). All else being​ identical, which type of annuity is preferable as an​ investment? ​(Select the best answer​ below.) Ordinary​ annuity, because it yields a greater future value. Annuity​ due, because it yields a greater future value.
Business
1 answer:
NISA [10]3 years ago
7 0

Answer:

Annuity​ due, because it yields a greater future value.

Explanation:

Given that the future value of the ordinary annuity is ​$22713.1822713.18

Rounded off to the nearest cent we get

22713.18 $ from ordinary equity

The future value of the annuity due is ​$25211.6325211.63.

Rounded off to the nearest cent we get

25211.63 $

Assuming all else are identical , we prefer to select the one which gives more future annuity.

On comparison we find that annuity gives more future value.

So answer is

Annuity​ due, because it yields a greater future value.

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New Age Computers manufactures and sells pagers and radio paging systems which include a 180 day warranty on product defects. It
alukav5142 [94]

Answer:

Given that,

sold a paging system = $4,500

Sold extended warranty = $1,400

The journal entry to record this transaction would include:

(i) cash account Dr. $4,500

       To Sales A/c                 $4,500

(To record the sales)

(ii) Cash A/c Dr. $1,400

       To Unearned revenue A/c $1,400

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7 0
3 years ago
Whitney has an A.A. in early childhood education and wants a full-time job. She is a social person and wants to work in a fun en
dangina [55]

Answer:

C. She wants to work with a different group of adults.

Explanation:

Whitney has an associate degree in early childhood education, so she is qualified for the job, the pay is $35,000 which is above her least requirement and she likes to work with children which the company does so, however she does not want to work with such group of adults (employees) who are not comfortable working with the children as she is a social person and wants to work in a fun environment with happy people.

5 0
3 years ago
If the form of a will is made orally, and written down by a witness, how is it called?
kvv77 [185]
<span>If the form of a will is made orally, and written down by a witness, it is called </span>nuncupative (non-culpatory) - meaning oral or dictated; often limited to sailors or military personnel.
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A​ ________ pays out cash flows from a collection of assets in different​ tranches, with the highestminus−rated tranch paying ou
katovenus [111]
<span>A CDO pays out cash flows from a collection of assets in different​ tranches, with the highestminus−rated tranch paying out​ first, while lower ones paid out less if there are losses on the underlying assets.
CDO is collateralized debt obligation.It is a type of ABS (asset-backed securities). CDO's are created in tranches and tranches are number of securities offered for a same transaction.</span>
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3 years ago
Brenda sees a television advertised around $500. when she finally buys one for $450, she feels she got a good deal. in this case
Butoxors [25]

Brenda sees a television advertised around $500. when she finally buys one for $450, she feels she got a good deal. in this case, the $500 price acted as an anchor.

A cognitive bias known as the anchoring effect describes a common human tendency to excessively rely on the initial piece of information proposed when making a decision.

Anchoring occurs when people base subsequent judgments on an earlier piece of information during decision-making. Once an anchor is established, subsequent decisions are made by moving away from it, and there is a bias toward framing subsequent data in relation to the anchor.

To learn more about  anchor click here :

brainly.com/question/24182125

#SPJ4

7 0
1 year ago
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