Answer:
- <u><em>$31,858.57</em></u>
Explanation:
1. First calculate the value of a constant annuity of $1,500 for 15 years at the 8% return.
The formula is:
![PV=C[\dfrac{1}{r}-\dfrac{1}{r(1+r)^t}]](https://tex.z-dn.net/?f=PV%3DC%5B%5Cdfrac%7B1%7D%7Br%7D-%5Cdfrac%7B1%7D%7Br%281%2Br%29%5Et%7D%5D)
Where:
- PV is the present value of the annuity
- C is the constant pay,emt: $1,500
- r is the rate of return: 8%/12 = 0.08/12 =
- t is the number of periods: 15 years × 12 moths/year = 180
Substitute and compute:
![PV=\$ 1,500[\dfrac{1}{(0.08/12)}-\dfrac{1}{(0.08/12)(1+0.08/12)^{180}}]](https://tex.z-dn.net/?f=PV%3D%5C%24%201%2C500%5B%5Cdfrac%7B1%7D%7B%280.08%2F12%29%7D-%5Cdfrac%7B1%7D%7B%280.08%2F12%29%281%2B0.08%2F12%29%5E%7B180%7D%7D%5D)

<u>2. Discount to the present year.</u>
You calculate the value of the annuity 20 years from now.
Then, you must discount that value at the same 8% rate to have the price today.

Here, the value in 20 years is $156,960.89, r = 0.08/12, and t = 240 (20 × 12).

The option that's least relevant to develop the reward strategy is C. What were the results of the most recent Homelife customer review ratings?
A reward strategy simply means the designing and implementation of reward policies that are vital in supporting the objectives of an organization.
In this case, it's important to know the compensation programs that should be used to reinforce necessary employee behaviors and how well Homelife's current compensation program matches the company's strategic aims.
It should be noted that the results of the most recent Homelife customer review ratings don't matter in the reward strategy.
Learn more about reward strategy on:
brainly.com/question/25284035
Definition: Capital market is a market where buyers and sellers engage in trade of financial securities like bonds, stocks, etc. The buying/selling is undertaken by participants such as individuals and institutions. ... Generally, this market trades mostly in long-term securities.
I hope this helps pls mark as brainest answer if it is
Answer:
Eight(8) percent
Explanation:
Base on the scenario been described in the question, the fed will need to the supply of money by eight (8) percent in to achieve their target.