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
Ilya [14]
2 years ago
8

Future value.   A speculator has purchased land along the southern Oregon coast. He has taken a loan with the​ end-of-year payme

nts of ​$7 comma 000 for 8 years. The loan rate is 5 ​%. At the end of 8 ​years, he believes that he can sell the land for ​$50 comma 000 . If he is correct on the future​ price, did he make a wise​ investment?
Business
1 answer:
NemiM [27]2 years ago
3 0

Answer: Not a wise investment as Cost exceeds Receipts.

Explanation:

As the amount is a constant payment, it is an annuity and as it is in future we are looking for the future value of an annuity:

Future Value of Annuity = Annuity * [ ( 1 + rate ) ^ time period - 1] / rate

= 7,000 * [ ( 1 + 5%)⁸ - 1] / 5%

= $66,843.76

Speculator pays $66,843.76 for loan and sells for $50,000.

The speculator would be paying more for the loan than they will sell the land for so this is not a wise investment.

You might be interested in
People in the united states score considerably higher on extraversion than do people in spain. select one:
Korvikt [17]

People living in  the united states score considerably higher on extraversion than do people in spain.------. false

Option A is correct

What is the purpose of extraversion?

Namely, extraversion  basically appears to facilitate people's goals  and objectives to possess fun, to engage  with other people, and to entertain people . Furthermore, these goals strongly predicted increases in state positive affect.

What is the extraversion theory?

In the big 5 theory of personality, extroversion (often referred to as extraversion) is one of the greatest five core traits believed to form up human personality. Extroversion is characterized by it' s sociability, talkativeness, assertiveness, and excitability.

What is a extraversion personality?

Extraversion could  be  defines as a broad personality trait that encompasses a number of most  specific characteristics like  sociability, assertiveness, high activity level, positive emotions, and impulsivity

Learn more about extraversion:

brainly.com/question/7375078

#SPJ4

3 0
1 year ago
In many​ corporations, there is​ "separation of ownership from​ control." what does this​ mean
sesenic [268]
<span>This means shareholders own the corporation, but it is controlled by managers.</span>
3 0
2 years ago
Lamborghini is a classic example of Question 2 options: selective distribution exclusive distribution intensive distribution ind
Leviafan [203]

Lamborghini is a classic example of exclusive distribution.

Selective distribution is a method of product distribution where more than one distributor is present in a given area. Brands of televisions, furniture, and home appliances frequently use it.

Exclusive distribution, on the other hand, describes a distribution strategy that only uses one distributor, retailer, or wholesaler in a particular region. Designer clothing, cars, and even home appliances frequently go through exclusive distribution.

A corporation may use an intensive distribution marketing plan to try to sell its goods from a small vendor to a large retailer. A customer will almost always be able to find the merchandise wherever he travels.

The sale and transfer of a product from a producer to a wholesaler, retailer, and ultimately to the customer is known as indirect distribution.

Hence, Lamborghini is a classic example of exclusive distribution.

Learn more about distribution:

brainly.com/question/14650242

#SPJ1

6 0
1 year ago
Look at the following picture and think about the organizational structure. Your task is to advise someone on how that organizat
Veseljchak [2.6K]

Answer:

top down management

Explanation:

This organizational structure seen in the picture is a representation of top down management. In this structure, the individual at the top of the hierarchy has the most power and full command. Instructions are passed down the chain of command. For example, the CEO is in charge of the company and gives orders to the Managers (Production and Marketing). These managers follow that order and decide what orders to give the individual's under their supervision in the chain of command. These individuals are represented by the connecting lines in the diagram to the Managers. Once these individuals (Foremen and Sales Officer's) receive their orders, they create and relay their own orders down to the Workers and Salespeople.

4 0
2 years ago
I need to know the total monthly payment
Sphinxa [80]
Its C $990 Good luck

4 0
3 years ago
Other questions:
  • Henry is demonstrating his gross motor skills when he picks up cheerios from his high-chair tray.
    12·1 answer
  • Which complex number is represented by the point graphed on the complex plane below? mc010-1.jpg
    11·2 answers
  • 12. the market for rice in an east asian country has demand and supply given by Qd = 28 -4P and Qs = -12 + 6P, where quantities
    9·2 answers
  • What are some of the reasons businesses fail?
    6·1 answer
  • You have $22,000 to invest in a stock portfolio. Your choices are Stock X with an expected return of 11 percent and Stock Y with
    11·1 answer
  • Umatilla Bank and Trust is considering giving Pronghorn Corp a loan. Before doing so, it decides that further discussions with P
    13·1 answer
  • On January​ 1, 2018, Wonderland Sales issued $28,000 in bonds for $20,300. These are eight−year bonds with a stated interest rat
    12·1 answer
  • Henry and Charlotte are both 28 years old.
    15·1 answer
  • The element of the four c's is associated with the promotion element of th marketing mix
    9·1 answer
  • What remarketing audiences cannot be defined by default?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!