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netineya [11]
2 years ago
14

What is the value today of $1,300 per year, at a discount rate of 9 percent, if the first payment is received 8 years from now a

nd the last payment is received 25 years from today
Business
1 answer:
mars1129 [50]2 years ago
5 0

Answer:

$6,226.52

Explanation:

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow year 1 to 7 = 0

Cash flow each year from year 8 to 25 = 1300

I = 9%

PV = $6,226.52

To find the PV using a financial calculator:

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

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Answer:

Corporate income tax

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A corporate income tax (CIT) is levied by federal and state governments on business profits, which are revenues (what a business makes in sales) minus costs (the cost of doing business).

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3 years ago
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3 years ago
This information relates to Cheyenne Real Estate Agency.
gregori [183]

Answer and Explanation:

The Journal entry is shown below:-

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2. No Journal Entry is required

3. Office furniture Dr,          $3,740

       To Accounts payable           $3,740

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(Being customer billed for service is recorded)

5. Cash                                $185  

            To credit revenue       $185

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6. Accounts payable $800  

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3 years ago
It is most accurate to say that successful niche marketing relies on a firm's ________ and its ________.
Neporo4naja [7]

It is most accurate to say that successful niche marketing relies on a firm's Greater knowledge of customers need and its special reputation.

<h3>What is a marketing niche?</h3>

A niche has to do with the particular brand or the particular trade that a person that is focused on buying and selling does.

This is to say that the person that is focused here would be successful if they know what their customers demand from them and the ways that they can carry out their activities for a greater reputation. The niche has the brand of the business.

Read more on business niche here: brainly.com/question/1519816

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weqwewe [10]
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