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Vladimir [108]
3 years ago
12

What's the present value of a 4-year ordinary annuity of $2,250 per year plus an additional $3,000 at the end of Year 4 if the i

nterest rate is 5%? Select one: a. $9,428 b. $10,446 c. $8,509 d. $8,957
Business
1 answer:
jarptica [38.1K]3 years ago
3 0

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Cash flow= $2,250

n= 4

i= 5%

Additional investment= $3,000

<u>First, we need to calculate the future value using the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

FV= {2,250*[(1.05^4) - 1]} / 0.05

FV= 9,697.78 + 3,000

FV= $12,697.78

<u>Now, the present value:</u>

PV= FV/(1+i)^n

PV= 12,697.78/(1.05^4)

PV= $10,446.5

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andrezito [222]

Answer:

The recommended actions for success in informational interviews are;

1. Dress neatly and arrive on time

2. Let him/her talk about himself briefly

3. Ask elaborate questions about the career

Explanation:

An informational interview can be defined as a brief conversation with a pioneer in a professional career that you consider pursuing. They can be considered as a short summary of what that particular profession entails and how to succeed in that particular field. Informational interviews are form a very integral part of a networking plan, especially if you want to consider those specific careers. The following actions can be taken towards a successful informational interview;

1. Dress neatly and arrive on time

This gives the impression that you take the interview seriously and that you are responsible. Always remember first impressions matter

2. Create a personal relationship

Most people are always excited about talking about themselves especially if they know that someone else thinks that their career choice is interesting. This gives the interviewee a kind of personal space to talk about their personal choices. This helps relieve tension and makes him/her open up more which creates a personal relationship.

3. Ask elaborate questions about the career

This is the point where one needs to ask challenging questions that has been thoroughly researched so that you sound interested and committed towards the career path. The interviewee will feel respected.

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4 years ago
Suppose all the producers sell toasters through Wal-Mart, and WalMart lets producers choose from 2 options. With Option A, a pro
Marta_Voda [28]

Answer:

see explaination

Explanation:

1. A low-quality producer will not provide any warranty, because he knows there will be more warranty claims.

He will choose option B.

Example:

Option B:

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Warranty Expense (let's say, due to multiple times claims) = $1500

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2. A high-quality producer will provide any warranty because he knows there will be very very few warranty claims.

He will choose option B.

3. Yes, the act of offering free warranty will go a long way in conveying a positive signal to customers that the brand is providing quality product & it trusts its product.

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3 years ago
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Which of the following most accurately explains why fiat money has value ?
rodikova [14]

Answer:

MRCORRECT has answered the question

Explanation:

Fiat money has value because the government declares that it has value.

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3 years ago
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