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klasskru [66]
3 years ago
7

You purchase an annuity due for $1,200. The annuity has 11 annual payments of 100 and a larger payment at the beginning of year

12. The effective annual interest rate is 3.50%. What is the present value at the end of the 8th year of the remaining payments?
Business
1 answer:
romanna [79]3 years ago
8 0

Answer:

Give me brainliest pls! I neeed it to rank up jus pls do it!

Explanation:

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TB MC Qu. 08-104 Marlow Company purchased a point of... Marlow Company purchased a point of sale system on January 1 for $3,400.
Fittoniya [83]

Answer:

$680

Explanation:

Calculation to determine What would be the depreciation expense for the first year of its useful life using the double-declining-balance method

Depreciation expense=3400*(100%/10 * 2)

Depreciation expense=3400*.2

Depreciation expense= 680

Therefore What would be the depreciation expense for the first year of its useful life using the double-declining-balance method is $680

3 0
3 years ago
Explain why a city council meeting to discuss hiring more city employees must be open to the public, while a meeting to discuss
ad-work [718]

Answer:

The answer is because people should know who is coming into office, but they do not have the right to know why someone is being fired for private reasons.

Explanation:

It’s important for the hiring discussion to be made public by the city council since it relates to the use of public funds to compensate these additional workforces. In contrast, firing processes do not relate to incurring funds and thus the public does not need to know about the reasons of the firing.

7 0
4 years ago
Why might you want to use an encoder to convert a WAV file to an MP3 file ?
Alona [7]
Mp3 files are more easily assessed and used by the public, making it a more viable option for files which you intend to share. 
8 0
3 years ago
Pinewood Corp. used to have a strict hierarchical structure. Information was only given to those who required it. The new CEO, h
ANEK [815]

Answer:

The correct answer is boundaryless.

Explanation:

A boundaryless organization is an association in which management has managed to eliminate the barriers between internal levels, work functions and departments, as well as reduce external barriers between the association and those with whom it works. The development of a business in an organization without limits could include the creation of a more horizontal management structure, the promotion of interdepartmental projects and the empowerment of staff members.

6 0
3 years ago
Which of the following statements concerning the reduction of Social Security benefits is (are) correct?
tatiyna

Answer:

b) 2 only

Explanation:

The Social Security Act set up the Old Age and Survivors Insurance Trust Fund (OASI), from which retired individuals receive their payments. These benefits are subject to taxes, and can be withheld if a debt is incurred or an over-payment occurs.

5 0
3 years ago
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