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exis [7]
3 years ago
11

correct,P5-23 (similar to) Value of a retirement annuity Personal Finance Problem An insurance agent is trying to sell you an​ a

nnuity, that will provide you with ​$9 comma 800 at the end of each year for the next 25 years. If you​ don't purchase this​ annuity, you can invest your money and earn a return of 5​%. What is the most you would pay for this annuity right​ now?
Business
1 answer:
tia_tia [17]3 years ago
6 0

Answer:

  • What is the most you would pay for this annuity right​ now?

$ 138.121  

Explanation:

The annuity formula is as follows:

Annuity : Annuity * ((1-1/(1+r)^t)/r    where

r : Rate of return

t : Quantity of years of the annuity.

Annuity : ( ( 1- 1/ (1+0,05) ^ 25 ) / 0,05   = ( 1 - 0,295 ) / 0,05 =  14,09

$9,800 * 14,09 =  $ 138,121

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If the price charged for a candy bar is p cents, then x thousand candy bars will be sold in a certain city, where p = 8 - . how
coldgirl [10]

992 candy bars must be sold to maximize revenue.

<h3>What is revenue?</h3>
  • The total amount of income generated by the sale of goods and services related to the primary operations of the business is referred to as revenue in accounting.
  • Commercial revenue is also known as sales or turnover.
  • Some businesses make money by charging interest, royalties, or other fees.

To find how many candy bars must be sold to maximize revenue:

The price of a candy bar is determined by the quantity sold:

  • p(x) = 124 - (x/16) where x is in 1000s.

If the candy bar's price is p(x), the revenue function is:

  • R(x) = p(x) · x = 124 · x - x²/16

Find the solution of R'(x) = 0 to maximize R(x):

  • R'(x) = 124 - x/8
  • 124 -  x/8 = 0
  • x = 992

Therefore, 992 candy bars must be sold to maximize revenue.

Know more about revenue here:

brainly.com/question/25623677

#SPJ4

The correct question is given below:
If the price of a candy bar is p(x) cents then x thousand candy bars are sold. The price p(x) = 124-(x/16). How many candy bars must be sold to maximize revenue?

6 0
1 year ago
Simon, the CEO of a consumer electronics firm, receives a huge positive response from the industry experts and consumers for int
Anastasy [175]

Answer:

creative

Explanation:

He could either be a humble, extroverted, born or creative leader. From these options the most intuitive answer would be that he is a creative leader given that he has introduced "breakthrough technologies" in the companies products which would only be possible through a great amount of initiative and creativity.

The term "breakthrough technologies" is the key word in answering this question as it refers to innovation that has never been seen before. Thus, it would require a great deal of creativity to think of and successfully introduce and implement into a company.

7 0
3 years ago
A large corporation that has its headquarters in Boston, manufacturing plants in Indonesia, and regional offices and retail stor
Alla [95]
Multinational company
6 0
3 years ago
Okay is it just me or is anyone else getting so many exams and redos right now
Oksanka [162]

Answer:

ufff

Explanation:

exam s are over Best Of Luck ! ❤️❤️

8 0
3 years ago
When perfect competition prevails, which characteristic of firms are we likely to observe? They are all price takers. They all t
andrezito [222]

Answer:

They are all price takers. 

Explanation:

A perfect competition is characterised by many buyers and sellers of homogenous goods and services.

Market price is set by the forces of demand and supply. Therefore, firms are price takers. Because all firms sell identical goods, no seller can set the price for her goods. If a seller attempts to sell above the market price, it would lose patronage. A seller would have no incentive to sell below market price because they would be earning losses.

Perfect competition produces at : price = marginal cost = marginal revenue.

I hope my answer helps you

5 0
2 years ago
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