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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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mel-nik [20]
No because they aren't Fair
4 0
3 years ago
Which of these savings/investing options has the highest risk
Pavlova-9 [17]

Answer:

STOCKS

Explanation:

US government bond is a government security, therefore the government print more money to pay those who invest in it.

In addition bondholders are creditors of a corporation.

Stockholders, are part owners of a company. In case of bankruptcy, bondholders are given priority.

Savings accounts are protected by the Federal Deposit Insurance Corporation (FDIC) provisions.

Money market accounts are a safe investment because they are insured by the FDIC.

Therefore the investment option that has the highest risk is stocks.

7 0
3 years ago
Using Toyota's formula, you are trying to determine the number of parts per kanban. Here is what you know. Demand for the part i
PilotLPTM [1.2K]

Answer:

45

Explanation:

The formula to compute the number of parts is shown below:

= Demand × lead time × (1 + safety factor) ÷ kanban cards

= 300 units × 45 minutes × (1 + 20%) ÷ 6

= 300 × 0.75 hours × 1.2 ÷ 6

= 45

The 45 minutes would be 0.75 hours i.e 45 minutes ÷ 60 minutes = 0.75 hours.

So we consider all the components which are given in the question. Hence, all the information is relevant

7 0
3 years ago
LO 4.5Why are the overhead costs first accumulated in the manufacturing overhead account instead of in the work in process inven
vivado [14]

Answer  Explanation:

For the manufacturing overhead occurs during the manufacturing process but unlike wages, the actual values are unknow thus, we cannot anticipate in a guarantee amount. Hence, the cost accounting works as follows:

It will stablish a predetermined overhead rate which will be charged against WIP based on another factor which can be measure (like working hours, machine hours, among others)

Then, during the period as the actual cost occurs they will be charged into manufacturing overhead account.

At the end of the period, we will be able to determinate the actual cost and adjust COGS, WIP and FINISHED GOOD if needed to represent the actual cost of the inventory produced.

3 0
3 years ago
Vaughn Manufacturing has the following items at year-end:
Amiraneli [1.4K]

Answer:

$37,100

Explanation:

Calculation for what Vaughn should report as cash and cash equivalents

Cash in bank $36,200

Petty cash 300

Short-term paper with maturity of 2 months 600

Cash and cash equivalents $37,100

Therefore Vaughn should report cash and cash equivalents of:$37,100

5 0
3 years ago
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