1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Shalnov [3]
3 years ago
6

Martin wants to provide money in his will for an annual bequest to whichever of his living relatives is oldest. That bequest wil

l provide $ 9 comma 000 in the first​ year, and will grow by 7 ​% per​ year, forever. If the interest rate is 10 ​%, how much must Martin provide to fund this​ bequest?
Business
1 answer:
strojnjashka [21]3 years ago
5 0

Answer:

$300,00

Explanation:

In a situation where the interest rate is said to be 10% the amount that Martin must provide in order to fund this​ bequest will therefore be:

Bequest first year $9,000/(Interest rate 10%-

Increase of 7 ​% per​ year)

Hence:

$9,000/0.03

=$300,000

Therefore $300,00 will be provided to fund the bequest

You might be interested in
Which product is an example of a consumer good? stock share in a tech company dog food for a pet boarding facility paint sprayer
Tamiku [17]

The product that is an example of a consumer good is shop gallon of milk to use in a bowl of cereal. Consumer goods are mostly consumed immediately.

<h3>What are consumer goods?</h3>

Consumer goods are products or goods that are bought for consumption. Consumer goods are mostly finished products from a factory such as buscuit, cereals, milk, bread that can be sell on retail to the consumer.

The products are ate and mostly bought for personal use from a supermarket, store or exhibition.

Most of the consumer products can be consumed without any further processing.

Areas with high rate of consuming consumer products will have economic growth this is because the increase in it's demand help to improve economy.

Therefore, The product is an example of a consumer good is shop gallon of milk to use in a bowl of cereal.

Learn more on product below

brainly.com/question/25922327

#SPJ1

4 0
2 years ago
If your company does not have a manual that describes all the major product warranties, you should:
bagirrra123 [75]

Answer:

C. Decide on a general, neutral comment you can make if customers ask you about a warranty

Explanation:

The comment might be that each product contain the warranty within the box.

3 0
4 years ago
On January 1, 2020, Korsak, Inc. established a stock appreciation rights plan for its executives. It entitled them to receive ca
kykrilka [37]

Answer:

$570,000

Explanation:

Missing question: <em>"On December 31, 2022,50,000 SARs are exercised by executives. What amount of compensation expense should Korsak recognize for the year ended December 31, 2020"</em>

Amount of compensation expense = [(33-20)*120,000*3/4] - [(30-20)*120,000*2/4]

Amount of compensation expense = [13*120,000*3/4] - [10*120,000*2/4]

Amount of compensation expense = 1,170,000 - 600,000

Amount of compensation expense = $570,000

So. the amount of compensation expense that Korsak should recognize for the year ended December 31, 2020 is $570,000.

8 0
3 years ago
A firm that uses ___________ segmentation divides a market into groups based on life stage, race, or profession.
Triss [41]

Answer:

Demographic

Explanation:

Demographic segmentation is often used in marketing to group customers according to demographic factors. The demographic factors include- age, gender, occupation, race, religion and income.

Other forms of segmentation includes :

1. Behavioural segmentation

2. Geographic segmentation

3. Psychographic segmentation

I hope my answer helps you

7 0
3 years ago
nvestment from abroad Select one: a. is a way for poor countries to learn the state-of-the-art technologies developed and used i
spin [16.1K]

The correct option is (d); All of the above are correct.

<h3>What is meant by investment from abroad?</h3>

A foreign direct investment (FDI) occurs when a business or investor from outside the country buys a stake in the company.

The phrase typically refers to a commercial decision to buy a sizable portion of a foreign company or to buy it altogether in order to expand its operations to a new area.

Role of the foreign investment for a country are-

  • FDI enables the transfer of technology that is not possible through financial investments or trade in products and services, notably in the form of new types of capital inputs.
  • The domestic input market can become more competitive with FDI as well.
  • In contrast to heavily regulated economies, open economies provide a qualified workforce and high growth prospects for investors.
  • There is a long-term commitment involved because there are no short-term capital gains goals.
  • FDI increases the manufacturing and service sectors, which leads to job growth and lower unemployment rates in the nation.
  • Increased employment increases earnings and gives the populace greater purchasing power, which strengthens a nation's overall economy.

To know more about the primary purpose of foreign direct investment, here

brainly.com/question/14525125

#SPJ4

I understand the question you are looking for-

Investment from abroad Select one: a. is a way for poor countries to learn the state-of-the-art technologies developed and used in richer countries. b. is viewed by economists as a way to increase growth. c. often requires removing restrictions that governments have imposed on foreign ownership of domestic capital. d. All of the above are correct.

5 0
2 years ago
Other questions:
  • You are a consulting firm intern and your job is to help a client choose investment projects. Your client, RealEstate, is a youn
    10·1 answer
  • Quad Enterprises is considering a new three year expansion project that requires an initial fixed asset investment of 2.32 milli
    6·1 answer
  • TB MC Qu. 3-209 Chavez Corporation reported the ... Chavez Corporation reported the following data for the month of July: Invent
    14·1 answer
  • Thomas Kratzer is the purchasing manager for the headquarters of a large insurance company chain with a central inventory operat
    7·1 answer
  • Identify the following as cash inflows or outflows to a privately-owned water company: well drilling, maintenance, water sales,
    13·1 answer
  • Observations about "youth gone wild" have lead to recent calls to reduce the age of responsibility to allow for younger violent
    9·1 answer
  • International Paper's land management strategy included investments in hunting and game preserves which were not part of IP's bu
    15·1 answer
  • Daniel Hair Stylists' adjusted trial balance and income statement follow. Prepare Daniel's statement of retained earnings for th
    15·1 answer
  • Brenda likes to download her music from a(n ____ site and then transfer it to her portable digital media player so that she can
    5·1 answer
  • g If there is a breach of contract, the objective of the remedy in the breach contract case will be to: Question 21 options: pla
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!