Answer:
He should pay $18,086.88 for the investment.
Explanation:
Giving the following information:
Yearly cash flow= $4,650
Number of years= 5
Rate of return= 9%
To determine the price to pay for the investment, we need to determine the present value of the cash flow.
First, we need to calculate the final value using the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual cash flow= 4,650
i= 0.09
n= 5
FV= {4,650*[(1.09^5)-1] / 0.09}
FV= $27,828.90
Finally, the present value:
PV= FV/ (1+i)^n
PV= 27,828.90/ 1.09^5
PV= $18,086.88
He should pay $18,086.88 for the investment.
Answer:
c) $86,823
Explanation:
The balance in the lease payable after two years will be: $86,823
Answer:
D. 50,000
Explanation:
Units started and completed=50000-5000=45000
Ending work in process= 5000
Equivalent units of material= 50000
Answer:
SCENERIO 1=BOND
SCENERIO 2=LOAN
SCENERIO 3=STOCK
SCENERIO 4=SECURITIES WHICH ARE GUARANTEED BY LOANS
SCENERIO 5=LOAN
Explanation:
Bond is a type of loan or a financial instrument through which large corporations or Government Institutions borrow money from the public with the aim of paying with a fixed interest rate in a given period.
A Loan is amount requested by an organisation from a financial institution with the aim of paying back with some percentage of interest over a given period of time.
Stocks are also known as shares which forms parts of a particular Company sold to the public with the aim of raising capital, SHARES OR STOCK HOLDERS HAVE CERTAIN RIGHTS TO DIVIDEND AND VOTING TO REPLACE BIARD NENBERS ETC WHEN THE NEED ARISE IN THE ORGANISATION.
Answer:
Nick pay maximum $930
so correct option is d. $930
Explanation:
given data
health care policy = $250
co-insurance provision = 80 %
it mean claim to be paid by insurance company = 80%
and claim to be paid by Nick = 20 %
co payment cap = $1,000
claim insurance = $600
company paid = $280
total bills = $5,000
to find out
How much will Nick have to pay for the second claim
solution
we get first amount to be paid by insurance company and nick is
amount to be paid by insurance company and nick = $600 - $250
amount to be paid by insurance company and nick = $350
and
we know here 80% of $350 paid by insurance company
so paid by insurance company = 80% of $350 = $280
and paid by Nick = $350 - $280 = $70
so Limit available to co payment = $1000 - $70
Limit available to co payment = $930
so Nick pay maximum $930
so correct option is d. $930