Answer:
Nour rich aunt has promised to give you $5,000 per year at the end of each of the next four years to help you pay for college. Using a discount rate of 7%, what is the present value of the gift. If the JPEG file doesn't open, Appendix A in your book has full Present Value tables. PV.Tables-Lumo-Ann PG 54,278 $12,411 $20,000 $16.935 Table A-1 Present Value of $1 Preser Periods 1% 2% 3% 4% 5% 6% 7% 1 2 3 4 5 0.990 0.980 0.971 0.961 0.951 0.971 0.943 0.915 0.888 0.863 0.962 0.925 0.889 0.855 0.822 0.952 0.907 0.864 0.823 0.784 0.943 0.890 0.840 0.792 0.747 0.935 0.873 0.816 0.763 0.713 0.980 0.961 0.942 0.924 0.906 0.888 0.871 0.853 0.837 0.820 OOOOO OOOOO 6 7 8 9 10 0.942 0.93 0.923 0.914 0.905 0.837 0.813 0.789 0.766 0.744 0.790 0.760 0.731 0.703 0.676 0.746 0.711 0.672 0.645 0.614 0.705 0.665 0.627 0.592 0.558 0.666 0.623 0.582 0.544 0.508 Table A-2 Present Value of Ordinary Annuity of $1 Pre Periods 15 2 3% 4% 5% 65 7% 0.943 1 2 0980 1942 2.884 3.808 4.713 0.952 1.886 2.775 3.630 4.452 0.952 1859 2.723 3.546 4320 0915 1.80 2624 2673 3.065 4.212 4 5 3387 0.990 1970 2.941 3.902 4.853 5.795 6.728 7,652 8.566 4100 0.971 1.91 2620 3.712 4.580 5.417 6.210 7020 7.796 8.530 6 7 5.601 6.472 7.325 8.16 5.242 6.002 6.733 7.435 8.111 5076 5.786 6.463 7.108 7.722 4.917 5.582 6.210 6.802 7.50 4.767 5.389 5.971 6.515 7.024 9 10 11 10 9.787 9.253 8760 8.306 7.39
Answer:
b is the answer ur looking
Explanation:
you're welcome have a wonderful rest of your week God loves you and Merry Christmas
Answer:
Mortgagor
Explanation:
A mortgagor is a person that borrows money from a lender usually called a mortgagee for a real estate purposes.
In a mortgage transaction, the borrower is the the mortgagor while the lender is the mortgagee.
In the case of the above question, Tom is a mortgagor because he is borrowing money from Joe who is a lender and even providing a security for the loan.
Cheers
Answer:
Site B should be chosen based on the IRR criterion
Explanation:
Please check the attached image for the complete question
The internal rate of return is the discount rate that equates the after tax cash flows from an investment to the amount invested.
When comparing projects, the project with the highest IRR should be chosen.
I hope my answer helps you
Answer:
b. unit-level drivers
Explanation:
The drivers that explain changes in costs as units produced change are called unit-level drivers. Therefore the costs and the number of units produced are correlated. Such examples of this can be seen in many everyday situations such as direct labor hours, seeing as the more hours you work the more money you will recieve.
