1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Bingel [31]
2 years ago
10

Your friend just won the lottery. He has a choice of receiving $50,000 a year for the next 20 years or a lump sum today. The lot

tery uses a 15% discount rate. What would be the lump sum your friend would receive?
Business
1 answer:
lisov135 [29]2 years ago
4 0

Answer:

The lump sum would be $1,000,000.

Explanation:

500000 \times 20 = 1000000

It would be $1,000,000 without the discount rate, but I don't know how to subtract a discount rate from a number. Sorry.

You might be interested in
?daniel has started a small shoe manufacturing company. he does not want the best equipment at the moment, so he is using equipm
Rama09 [41]
In this scenario, Daniel is <span>satisficing.
</span>According to its definition, to satisfice means '<span>decide on and pursue a course of action that will satisfy the minimum requirements necessary to achieve a particular goal.' So, Daniel is weighing his options and looking for the means which will provide him with the best results possible when it comes to his small shoe manufacturing company.</span>
3 0
2 years ago
Employers across diverse industries have common expectations for their employees.<br> True<br> False
aniked [119]

False

Explanation:

cause they're different parts of careers therefore theyd have to have different expectations for each, cause theyre not the same

5 0
2 years ago
Graham Corp. has 1,000 cartons of oranges that were harvested at a cost of $30,400. The oranges can be sold as is for $36,400. T
Readme [11.4K]

Answer:

c. $3,600

Explanation:

The total cost of orange juice = $30,400 + $13,000

The total cost of orange juice = $43,400

So, the profit on the orange juice = $53,000 - $43,400 = $9,600

Profit when oranges are sold without juice = $36,400 - $30,400

Profit when oranges are sold without juice =  $6,000

So, extra income = $$9,600 - $6,000 = $3,600

Thus, the net benefit (additional income) from processing the oranges into orange juice instead of selling as is would be is $3,600

5 0
2 years ago
At UPS, a 12-step process prescribes how drivers should park their trucks, locate the package they are about to deliver, and ste
Alla [95]

Answer:

Programmed decision making

Explanation:

A programmed decision is one that is done by following already laid down rules and procedures. They are Carried out using formal patterns and the goals here are both clear and specific. These rules and routines in UPS are are a good example of how programmed decisions are done. As it can be seen on every aspect of their day to day business activities.

8 0
3 years ago
Using fiscal policy to stabilize the economy is difficult because:a. potential income is known.b. the effects of policy changes
Ray Of Light [21]

Using fiscal policy to stabilise the economy is difficult because there are time lags involved in the use of fiscal policy.

Explanation:

Tax policy applies to the implementation of government spending and tax measures, including competition for goods and services, wages, inflation and economic development to affect the dynamics of the economy.

Taxes policy is decisions of the government on investment and taxes. When a government wants to promote economic growth, spending on goods and services must increase. The need for goods and services would then increase. A reduction in government expenditure would reduce the economy's total demand.

8 0
2 years ago
Other questions:
  • Javonte Co. set standards of 2 hours of direct labor per unit of product and $15.80 per hour for the labor rate. During October,
    5·1 answer
  • Deltan corp. allocates overhead to production on the basis of direct labor costs. deltan's total estimated overhead is $450,000
    13·1 answer
  • An asset for drilling was purchased and placed in service by a petroleum production company. Its cost basis is $60,000, and it h
    5·1 answer
  • Harrison works at a nationally known grocery store chain. He is analyzing sales data from the past five years to determine which
    9·1 answer
  • A small business produces a single product and reports the following​ data: Sales price ​$8.50 per unit Variable cost ​$5.25 per
    5·1 answer
  • The chief financial officer of a company is responsible for managing cash, accounts receivable, and inventory.
    8·1 answer
  • 4. George makes 2.9% commission. Last week, George sold 4 cars at the following prices:
    9·1 answer
  • In the business buying process, the buyer and seller are often __________ one another. equally independent of less dependent on
    11·2 answers
  • The liabilities of Wildhorse Company are $113,000 and the owner’s equity is $235,000. What is the amount of Wildhorse Company’s
    7·1 answer
  • Will give brainliest
    15·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!