Answer:
$240,885.11
Explanation:
The formula to be used is = annual payment x annuity factor
Annuity factor = {[(1+r) ^N ] - 1} / r
R = interest rate = 8.2 percent
N = number of years = 25
[(1.082^25) - 1 ] / 0.082 = 75.276598
75.276598 x $3,200 = $240,885.11
I hope my answer helps you
Answer:
Sam's producer surplus is $3
Explanation:
A producer surplus is the difference between the amount a producer is willing to sell a product for and the price of the product in the market that consumers are willing to pay if the consumer price is higher.
Mathematically, it is represented as; market price - willing price
= 18 - 15 = $3.
That statement is true
In legal term, deposition refers to an investigation that demands a sworn truth from the opposing party. The cost of pursuing legal actions tend to be realy huge. By doing disposition, we could reduce witness testimony into writing form in order to minimize discovery time.
Answer:
The answer is "Option D".
Explanation:
The amount accrued in the pension system until now 
Danger or security account proportion 
The percentage of the amount kept in a safe account 
Number of investment years owned by 
Risk-free return rate 
Combined total amount up to age 63 (formula for the current value) = 
The contribution is 
a year and the employer corresponds with the same amount for the pension plan.
Total annual contribution 
Risk-free or healthy account proportion
Amount invested annually 
Annual deposit amount (n) for years
Returns free of risk
An cumulative sum due to an annuity
Total amount accumulated in safe account 
of annuity
