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
SpyIntel [72]
3 years ago
12

The Maybe Pay Life Insurance Co. is trying to sell you an investment policy that will pay you and your heirs $25,000 per year fo

rever. If the required return on this investment is 5.8 percent, how much will you pay for the policy
Business
1 answer:
Sati [7]3 years ago
4 0

Answer:

the amount that should be paid for the policy is $431,034.48

Explanation:

The computation of the amount that should be paid for the policy is given below:

Present value of perpetual cash flow = Perpetual cash flow ÷ Rate of return

= $25,000 ÷ 5.8%

= $431,034.48

Hence, the amount that should be paid for the policy is $431,034.48

The same should be considered and relevant

You might be interested in
During 2013, its first year of operations, Neko's Bakery had revenues of $60,000 and expenses of $33,000. The business paid divi
loris [4]

Answer: the correct answer is $7,000

Explanation:

Revenues          $60,000

Expenses         ($33, 000)

Paid Dividens   ($20,000)

Equity                   $7,000   ($60,000-$33,000-$20,000)

4 0
3 years ago
The primary goal of ________ is to get the right people interested in working for an organization or in a specific job, then per
-BARSIC- [3]

Recruiting.

Recruiting is the process of attracting, screening, selecting, and retaining top talent for jobs.

4 0
3 years ago
Read 2 more answers
Discuss three factors a company must consider when attempting to find an endorser for their products
Arte-miy333 [17]

Answer:- three factors a company must consider when attempting to find an endorser for their products is the endorsers reputation, popularity, health, and minimal injury history.

Explanation:

Hope I helped you

6 0
3 years ago
Compensation paid in proportion to the number of units of personal output best describes:_______.
mart [117]

Compensation paid in proportion to the number of units of personal output best describes piece rates. When an employee is paid on a piece rate, they are paid per unit.

This means that the worker is paid based on how much is picked, packed, pruned, or made. The piece rate system boosts employee productivity by making sure they are focused on achieving their goals. A worker can be employed to work shifts that are paid hourly and on a piece rate basis.

An employee is compensated on a piece rate basis. This indicates that the amount picked, packed, pruned, or made determines the employee's compensation rate. Piece rates are used instead of the hourly or weekly pay rate when payment is made.

To learn more about piece rate, click here.

brainly.com/question/18492078

#SPJ4

3 0
2 years ago
Caroline Watts is an employee of Lavender Creek Farm. She has come to you, the payroll accountant, for advice about her health i
rusak2 [61]

Answer:

All health insurance premiums must be deducted on a pre-tax basis.

The premium amounts are reduced by deducting them on a pre-tax basis.

The employee’s income that is subject to income tax(es) is reduced.

Explanation:

Health care premiums are deducted on a pre-tax basis, reducing the amount that both employees and employers must pay on federal income taxes, state taxes and FICA taxes.

Since your health premiums reduce your total taxes, they real amount you pay for them is reduced. Similar logic to interests paid by a company that reduce corporate taxes.

5 0
3 years ago
Other questions:
  • Consumer surplus
    14·1 answer
  • When steve discusses the "buyer for outdoor" and the "buyer for running," what does he mean?
    11·1 answer
  • Referral management transforms the bureaucratic paper-shuffling referral process into a disciplined and effective workflow that
    7·1 answer
  • Cashier's checks are generally required for
    8·1 answer
  • In evaluating how well a company's strategy is working, the best place to start is
    13·1 answer
  • Helmway company purchased equipment and these costs were incurred: cash price $21,500 sales taxes $1,800 insurance during transi
    5·1 answer
  • You recently purchased a stock that is expected to earn 20 percent in a booming economy, 15 percent in a normal economy, and los
    8·1 answer
  • Birds Unlimited has an accounts payable period of 60 days. The firm has expected sales of $17,800, $22,100, $24,400 and $28,800,
    15·1 answer
  • Select the statement below that explains how to use the Income Summary account. Multiple choice question. The Income Summary acc
    14·1 answer
  • How long do you have to be employed to buy a house.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!