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
A partner can be held liable for a partnership obligation only if he or she participated in, or knew about, whatever it was that
Tju [1.3M]

A partner <u>cannot</u> be held liable for a partnership obligation only if he or she participated in, or knew about, whatever it was that gave rise to the obligation.

<h3>What is partnership?</h3>

Partnership arrangements come in many different forms. One type of business where partners may have minimal liability is a partnership where all participants share profits and liabilities equally. Additionally, there is the so-called "silent partner," when one party does not participate in the day-to-day management of the company.

  • An agreement between two or more people to manage a business' operations and divide its assets and liabilities is known as a partnership.
  • All partners in a general partnership corporation split the company's assets and debts equally.
  • Lawyers and other professionals frequently create limited liability partnerships.

A partnership may have tax advantages over a corporation.

To learn more about partnership from the given link:

brainly.com/question/22848646

#SPJ4

8 0
2 years ago
Tony made the following table to compare two career paths that he would like to consider. Review his table. Then, answer the que
andrew-mc [135]

Answer: D- the outlook for accountant jobs is better than for advertising sales agent jobs

8 0
3 years ago
Read 2 more answers
Which is a common use for minerals
Neporo4naja [7]

Answer:

in food they provide day-to-day nutrients that the body needs in order to function

Explanation:

8 0
2 years ago
Read 2 more answers
Mullin, InC., purchases supplies such as paper towels, soap, toilet paper, and seat covers directly from manufacturers and then
coldgirl [10]

Answer:

wholesaler

Explanation:

A wholesaler is part of the downstream supply chain. It operates by purchasing large amounts of certain goods and then reselling them to smaller retailers. Wholesalers act as intermediaries between small retailers that are unable to purchase large amounts from manufacturers, but still need to purchase them at a discount price. Generally, wholesalers do not sell directly to the general public, only to other smaller businesses.

7 0
2 years ago
An extended period of little or no growth in gdp, wages, and prices is a period of?
dolphi86 [110]

An extended period of little or no growth in GDP, wages, and prices is a period of stagnation.

When real economic growth is less than 2% annually it is considered stagnation. Stagnation is a prolonged period of little or no growth in an economy. This no growth economic period affects various sectors of the economy such as GDP, wages, prices etc.

Stagnation can occur as a temporary condition, such as a growth recession or temporary economic shock. Stagnation is a situation which occurs within an economy when total output is either flat, declining, or growing slowly.

Hence, stagnation in economy can occur due to a number of causes.

To learn more about stagnation were:

brainly.com/question/4323624

#SPJ4

3 0
1 year ago
Other questions:
  • Which feature enables you to view only the data you need
    14·1 answer
  • Blair Madison Co. issues $1.9 million of new stock and pays $281,000 in cash dividends during the year. In addition, the company
    5·1 answer
  • A project background and timetables are typical bid proposal elements. True or false?
    9·2 answers
  • Which one of the following best represents the transaction motive for holding cash? A. Buying extra inventory in response to an
    5·1 answer
  • All of the following bacteria can cause foodborne illness except ?
    6·1 answer
  • ABC Corporation has instituted a mentorship program whereby Rita has been assigned to mentor Sally. During a recent conversation
    13·1 answer
  • For a recent year, Wicker Company-owned restaurants had the following sales and expenses (in millions):Sales $38,800Food and pac
    7·1 answer
  • What is an example of secondary data?
    6·1 answer
  • Q 3.53: During the month of August, Jackson Products recognizes $15,000 in revenues. Jackson's accounting staff records these re
    6·1 answer
  • Incapacity or death, bankruptcy, or destruction of property are examples of circumstances where agency terminates by ______.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!