All categories

3 years ago

To receive an annuity of $8000 for 3 years if interest is earned at 10% annually how much should you invest

Business

2 answers:

Valentin [98]3 years ago

8 0

Take the $8,000 for the total of aunnity receiving and the 3 year interest rate of aunnity as you will multiply.

8,000 x 3= 24,000

Then once you have that amount of aunnity, what if the 10% was added up to the increase of aunnity receiving.

So, you have to divide the total amount of aunnity and 10% increase chance of having amount of aunnity received.

24,000 ÷ 0.10 <-----(always put the 0.10 for a decimal NOT 10)24,000 ÷ 0.10= 240,000YOUR ANSWER IS 240,000 of how much did this person received a aunnity.

All credit to Jacksonyrita.....^

-IronWolfX

Tems11 [23]3 years ago

5 0

Take the $8,000 for the total of aunnity receiving and the 3 year interest rate of aunnity as you will multiply.

8,000 x 3= 24,000

Then once you have that amount of aunnity, what if the 10% was added up to the increase of aunnity receiving.

So, you have to divide the total amount of aunnity and 10% increase chance of having amount of aunnity received.

24,000 ÷ 0.10 <-----(always put the 0.10 for a decimal NOT 10)

24,000 ÷ 0.10= 240,000

YOUR ANSWER IS 240,000 of how much did this person received a aunnity.

You might be interested in

Is shift work involved for lawyers??

Mamont248 [21]

Answer:

I think so.

Explanation:

This may be depending on the job you have in the Lawyer Occupation, but because they must do different types of work and must go to several different clients, I would say yes. Sorry if this is wrong, but I hope it helps!

4 0

4 years ago

Using the PACED decision-making tool, what does the A stand for

sergiy2304 [10]

Hey There!

The A stands for "List alternatives".

Thank You!

8 0

3 years ago

Read 2 more answers

Eskimo joe's sells branded, ready-to-wear clothing, hats, drink ware, coasters, and other products directly to end consumers

Leokris [45]

<span>These product categories represent the breadth of Eskimo Joe's product assortment. The breadth of product assortment refers to the amount of product lines, not necessarily the amount of a single product. Here, Eskimo Joe's frequently sells different product lines (clothing, hats, etc.). Thus, these categories represent the breadth of his assortment.</span>

8 0

3 years ago

Costs associated with the manufacture of miniature high-sensitivity piezoresistive pressure transducers is, $73,000 per year. A

Ilia_Sergeevich [38]

Answer:

$58,149

Explanation:

Calculation to determine the present worth of the savings

First step is to calculate for Present worth before

Present worth before= 73,000(P/A,10%,5)

Present worth before= 73,000(3.7908)

Present worth before= $276,728

Second step is to calculate for Present worth after

Present worth after= 16,000 + 58,000(P/F,10%,1) + 52,000(P/A,10%,4)(P/F,10%,1)

Present worth after= 16,000 + 58,000(0.9091) + 52,000(3.1699)(0.9091)

Present worth after=16,000+52,728+149,851

Present worth after= $218,579

Last step is to calculate for Present worth of savings using this formula

Present worth of savings=Present worth before-Present worth after

Let plug in the formula

Present worth of savings = 276,728–218,579

Present worth of savings= $58,149

Therefore the present worth of the savings will be $58,149

3 0

3 years ago

when darren met the ceo of his company for the first time, he made sure to give the boss a firm handshake and a smile. darren wa

Igoryamba

Impression management was practised by darren.

Impression management is the subconscious or conscious effort to influence other people's perceptions, decisions, and opinions.

Impression management (also known as self-presentation) refers to the processes by which people control how others perceive them. People are more motivated to control how others perceive them when they believe that their public images are important in achieving desired goals, the goals for which their impressions are important, and there is a gap between how they want to be perceived and how others perceive them. The actions people take to persuade others to think about a concept in a certain way are referred to as impression management. People use impression management to either reinforce or change their current opinions, depending on their goals.

brainly.com/question/2725280

#SPJ4

8 0

1 year ago