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nikdorinn [45]
3 years ago
9

An investment offers $6,700 per year for 15 years, with the first payment occurring one year from now. a. If the required return

is 6 percent, what is the value of the investment today
Business
1 answer:
VARVARA [1.3K]3 years ago
8 0

Answer: $65070

Explanation:

Based on the information given in the question, the value of the investment today will be:

= amount × pvaf , 1/(1+ rate )^t

= 6700 × pvaf (1/1+6%) ^15

= 6700 × pvaf (1/1.06)^15

= 6700 × 9.712

= $65070

Therefore, the value of the investment today is $65070

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The process that falls between buying for a new need and making a routine repurchase is called
Archy [21]

Answer:

Modified Rebuy

Explanation:

Modified rebuying is the process whereby an individual or an organization makes a purchase that have been previously purchased but this times makes changes to some elements different from the previous purchase like change of suppliers, terms, price and so on. In this case, the buyer reviews the buying situation. Here, the buyer is interested in modifying the specifications of goods previously purchased.

7 0
3 years ago
Read the following except from a warranty. What time period is this warranty for? "This warranty is given by XYZ motors. The Zoo
ArbitrLikvidat [17]

Answer:

The warranty period is for three years.

Explanation:

A warranty is a promise a buyer receives from the seller that the latter will repair or replace the product should it develop defects within a stated period. Warranties are granted with specific conditions. The universal condition is that the defects in the product are a result of the manufacturing process and not the buyers' misuse. The defect must occur within a stated period.

In the case of XYZ, the stated period is three years. However, the seller has introduced another condition of "or 30,000 miles whichever comes first." For business reasons, and from market experience, the seller expects that XYZ will use the vehicle at an average rate of 10,000 miles per year. At this rate, the warranty will last for three years. Should the buyer use the vehicle at a faster rate than this, the 30,000 miles will be exhausted earlier, which will bring the warranty to an end. If XYZ uses the vehicle at a slower or the expected rate, the warranty will last for three years.

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3 years ago
A order comes in for two bean burritos and one crunchy taco the starter starts grilling the
Setler [38]

An order comes in for two bean burritos and one crunchy taco the starter starts grilling the tortilla. Assembling is the best move. This is further explained below.

<h3>What is Assembling?</h3>

Generally, to assemble in one area for a shared objective.

In conclusion, The starter begins grilling the tortilla as an order comes in for two bean burritos and one crispy taco. It's smartest to band together.

Read more about Assembling

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Aliun [14]

Answer:

The correct answer is c. Derived demand .

Explanation:

Derived demand is the demand for goods and services that is generated as a result of the demand for other goods and services. This type of demand usually corresponds to the demand for factors or products, since the demand for a good or service may be related to the process necessary to produce another good or service, although it can affect both producers and consumers.

Derived demand can sometimes lead to an increase in the price of a marginal product, since the demand for the resources needed to produce a physical product also increases.

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Aleksandr-060686 [28]

Answer:

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