The answer is the first one
Answer:
5.5%
Explanation:
This is an Annuity Due question. In an annuity due, recurring payments occur at the beginning of the yearIt is asking for the RATE. Using a financial calculator(on BEG mode), input the following;
Duration; N = 25
Recurring payment; PMT = 23.6
Present value ; PV = -334
One-time future cashflow; FV = 0
Then compute the interest rate; CPT I/Y = 5.499%
Therefore, the lottery commission is using about 5.5% interest rate.
Saving refers the method of accumulating one's capital for future use and this is done by either no spending part of one’s income or cutting down certain costs.
- Money which are saved are either in cash at hand, in a deposit account or being invested in financial instruments such as Money market etc
- According to Statistics from a reputable sources, for June 2021, the personal saving rate in the United States is 9.4 percent while in May, there was 10.3 percent in saving rate.
In conclusion, the factor that contributes to decrease in saving rate is the continuous rise of goods and services (Inflation) while income remain constant.
Learn more about Saving rate here
<em>brainly.com/question/6696594</em>
Answer:
Explanation:
(1)
FV = PV x (1 + r)^N
FV = $75,000
PV = $35,000
r = 8%
75,000 = 35,000 x (1.08)^N
(1.08)N = 2.1429
N ln 1.08 = ln 2.1429
N = ln 2.1429 / ln 1.08 = 0.33 / 0.033 = 10 years
(2)
FV = Annual payment, A x PVA
FV = $43,700
n = 6 years
A = 8,000
43,700 = 8,000 x PVA
PVA = 5.4625
PVIFA (6 years, r%) = 5.4172
r=3%.
(3)
PV = Annual payment, A x PVIFA (r%, n years)
PV = $18,000
n = 6 years
r = 9%
$18,000 = A x PVIFA (9%, 6 years) = A x 4.4859 [From PVIFA table]
A = $18,000 / 4.4859 = $4,012.57
Answer:
Dramaturg
Explanation:
Dramaturg is the term which is defined as the editor or the literary adviser in the film company, theatre or opera, who researches, texts, selects, interprets scripts and printed programmes, does the public relations work.
So, in this case, the member of the production team who helps the directors, actors as well designers to better understand the specifications of the play is referred to the Dramaturg.
