Answer:
Ans. The annuity that will be equivalent to the publisher´s advance would be $26.40 per year, for 9 years at 7% interest rate.
Explanation:
Hi, first, let´s bring that $500 to be paid in 9 years to present value, we need to use the following formula.
![PresentValue=\frac{FutureValue}{(1+r)^{n} }](https://tex.z-dn.net/?f=PresentValue%3D%5Cfrac%7BFutureValue%7D%7B%281%2Br%29%5E%7Bn%7D%20%7D)
Where: r is our discount rate (7%) and n the periods from now when she will receive that $500 amount. This should look like this.
![PresentValue=\frac{500}{(1+0.07)^{9} } =271.97](https://tex.z-dn.net/?f=PresentValue%3D%5Cfrac%7B500%7D%7B%281%2B0.07%29%5E%7B9%7D%20%7D%20%3D271.97)
Ok, so the equivalent amount of money today of those $500 in nine years is $271.97, but the author wants $100 today so the remaining amount has to be used to find the equal annual payments to be made in order to be equivalent to re remaining balance ($171.97). We now need to use the following equation.
![Present Value=\frac{A((1+r)^{n}-1 )}{r(1+r)^{n} }](https://tex.z-dn.net/?f=Present%20Value%3D%5Cfrac%7BA%28%281%2Br%29%5E%7Bn%7D-1%20%29%7D%7Br%281%2Br%29%5E%7Bn%7D%20%7D)
And we solve for "A" like this
![171.97=\frac{A((1+0.07)^{9}-1 )}{0.07(1+0.07)^{9} }](https://tex.z-dn.net/?f=171.97%3D%5Cfrac%7BA%28%281%2B0.07%29%5E%7B9%7D-1%20%29%7D%7B0.07%281%2B0.07%29%5E%7B9%7D%20%7D)
![171.97=\frac{A(0.838459212 )}{0.128692145}](https://tex.z-dn.net/?f=171.97%3D%5Cfrac%7BA%280.838459212%20%29%7D%7B0.128692145%7D)
![171.97=A(6.515232249)](https://tex.z-dn.net/?f=171.97%3DA%286.515232249%29)
![A=\frac{171.97}{6.515232249} = 26.40](https://tex.z-dn.net/?f=A%3D%5Cfrac%7B171.97%7D%7B6.515232249%7D%20%3D%2026.40)
Therefore, the equivalent amount of money of $500 in 9 years is $100 today and $26.40 every year, at the end of the year, for nine years.
Best of luck.
Answer:
B
Explanation:
I would assume the correct answer would be B. This is because when you go to a store you typically assume the higher cost item is of higher quality then the lower cost item. For example: One may buy a yeti cooler over an igloo cooler because the very high price tag makes them feel as if the cooler is just that much better then the competitor. If correct please mark brainliest.
Task conflict and interpersonal conflict are the two basic categories of intragroup conflict. Relationship conflicts entail challenges pertaining to individual ideas, attitudes, beliefs, and personality qualities, whereas task conflicts are caused by divergent objectives or an inability to satisfy the standards of the group.
Any sort of dispute involving two or more persons is referred to as interpersonal conflict. Contrasted with an intrapersonal conflict, which is an internal conflict with yourself, this is not the same thing. Interpersonal conflict, whether mild or severe, is a typical result of human contact. The conflict in a tale, which serves as the opposing force, typically falls into one of four categories: conflict with one's own nature, conflict with people, confrontation with the environment, or conflict with supernatural forces. The affiliation, connection, contact, and link between two or more individuals are all considered to constitute interpersonal relationships. There are several varieties of connections. This section emphasizes four different kinds of connections.
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Answer:
(2) 4%
Explanation:
The portfolio is considered to be less risky if its volatility is low. The higher standard deviation the more risky is the project. For Duke Energy and Microsoft the investment portfolio required is risk free investment. To calculate the risk free rate we calculate using the formula;
Var Rp = x1 2Var R1 + x2 2Var R2 +2 x1 x2 Corr (R1, R2) SD1 SD2
Var Rp = 0.14 + 0.44 + 2 (1) * (-1) * 6% * 24%
Solving for this we get the risk free investment at 4%.
Answer:
b. Cash receipts journal.
Explanation:
When cash will be collected from customers net of discounts cash receipts journal will be used.
As at time of sale customers account will be debited and at the time when the payments will be received cash receipts journal will be debited and customer's account will be credited and accordingly, since cash is received and specific it is, General Journal will not be affected, and cash disbursements journal will also not be affected.
Also, as there are no purchases purchase journal will also not be affected, and sales journal will be affected at time of sale but not at he time of receiving payments from customers.
Thus, correct answer is
b. Cash receipts journal.