The federal budget starts on October 1 of a calendar year and ends on September 30 of the following calendar year. TRUE FALSE

Suppose you just bought a 25-year annuity of $8,200 per year at the current interest rate of 12 percent per year. What is the va

zhannawk [14.2K]

Answer:

64,313.74 ; 95,559.38 ; 47,283.11

Explanation:

by definition the present value of an annuity is given by:

$a_{n} =P*\frac{1-(1+i)^{-n} }{i}$

where $a_{n}$ is the present value of the annuity, $i$ is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid. so applying to this particular problem, we have:

1. P=8,200, n=25, i=12%

$a_{n} =8,200*\frac{1-(1+12\%)^{-25}}{12\%}$

$a_{n} =64,313.74$

2. P=8,200, n=25, i=7%

$a_{n} =8,200*\frac{1-(1+7\%)^{-25} }{7\%}$

$a_{n} =95,559.38$

3. P=8,200, n=25, i=17%

$a_{n} =8,200*\frac{1-(1+17\%)^{-25} }{17\%}$

$a_{n} =47,283.11$

6 0

3 years ago

Which of the following are not deducted on a typical paystub

Tems11 [23]

The following are deducted from a typical paystub : City income tax, State income tax, Medicare, Social security and Federal income tax.

7 0

3 years ago

Read 2 more answers

If you were in a debate fighting for the rights of something what techniques should you use, just curious?

Crazy boy [7]

Techniques? Hm, well I’d definitely try to reason with them. I’d rely more on logos by giving facts or data that can be proven in some type of way.

This was the best answer I could give for right now, considering that I’m currently typing with one hand. Let me know if you have any further questions.

3 0

3 years ago

Anya is a general manager for a large department store. Each day she plans the number of employees she will have in each departm

Vitek1552 [10]

The process of planning the break schedules and the freight delivery schedules is known as an operational planning.

<h3>What is an operational planning?</h3>

This refers to the outlining of key targets that a firm will undertake during a period of time that is usually one year.

Hence, the process of planning the break schedules and the freight delivery schedules is known as an operational planning.

Therefore, the Option A is correct.

Read more about operational planning

<em>brainly.com/question/15994861</em>

#SPJ3

4 0

1 year ago

What is the correct order that the four parts of a cover letter should appear in? a. Introduction, Heading, Argument, Closing b.

NemiM [27]

I’m thinking (a., because im pretty sure you need to have the heading before make an argument.

6 0

2 years ago