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
Len [333]
3 years ago
8

4. An investment offers $10,000 per year for 20 years. If an investor can earn 6 percent annually on other investments, what is

the current value of this investment
Business
1 answer:
telo118 [61]3 years ago
8 0

Answer:

PV= $114,699.21

Explanation:

Giving the following information:

Annual payment= $10,000

Number of years= 20

Interest rate= 6%

<u>To calculate the present value, we need to use the following formula:</u>

PV= A*{(1/i) - 1/[i*(1 + i)^n]}

A= annual payment

PV= 10,000*{(1/0.06) - 1 / [0.06*(1.06^20)]}

PV= $114,699.21

You might be interested in
Planning: Assessing Audience Needs [LO-2] For each communication task that follows, write brief answers to three questions: Who
Mice21 [21]

Answer:

a. Audience’s: Appliance producer  

Audience’s general mentality towards subject: The apparatus maker must treat this on need, as lawful results are related with it  

Audience’s has to know: The objective that has occurred in the installment procedure and the purpose for the postponement  

b. Audience’s: Smartphone shoppers and devotees  

Audience’s general mentality towards subject: The customers will pay attention to the promotion on the off chance that they have a prerequisite for a cell phone. The general fans will be worried about the one of a kind highlights of the contribution  

Audience’s has to know: The highlights offered and the cost at which the item will be accessible  

c. Audience’s: Top administration  

Audience’s general disposition towards subject: The top administration must be interested to comprehend the target behind the proposition of combining 4 deals locales into 2  

Audience’s has to know: The target of the proposition and the advantages that the organization may procure from it  

d. Audience’s: Citizens in the area  

Audience’s general demeanor towards subject: The individuals needing such administrations will be energized with the decreased rates. The individuals not having any such prerequisite, won't give it much thought  

Audience’s has to know: The rate in decrease of cost just as the rundown of administrations offered in that cost  

e. Audience’s: Hiring supervisor of organization  

Audience’s general mentality towards subject: The enlisting supervisor will show intrigue on the off chance that he has an opportunity for comparable profile  

Audience’s has to know: The ranges of abilities and skills of the candidate and the properties, which makes him not the same as the others  

f. Audience’: Accounting directors  

Audience’s general demeanor towards subject: The bookkeeping supervisors will esteem the correspondence, as it is very basic for their work  

Audience’ has to know: The administrations offered by the counseling firm and the value charged by them

8 0
3 years ago
Ups devices typically have capacities that may run up to __________ va.
Brut [27]
<span>Ups devices typically have capacities that may run up to  1000 va.

UPS (uninterrupted power supply) is designed so an electrical equipment could still provide an emergency source of power in case the main power input fails to do so. In order to fulfill this function, a UPS device requires a pretty high voltage capacity.</span>
7 0
3 years ago
Selected current year company information follows:
koban [17]

Answer:

b. 2.81 times

Explanation:

Calculation to determine Total stockholders' equity, end-of-year 121,851

Total asset turnover is:

First step is to calculate the Total assets

Beginning Ending

Total liabilities $83,932 $103,201

Total equity 198,935 121,851

Total assets $282,867 $225,052

Now let determine the Total asset turnover

Total asset turnover = $712,855/[($282,867 + $225,052)/2]

Total asset turnover= 2.81 Times

Therefore Total stockholders' equity, end-of-year 121,851

Total asset turnover is:2.81 Times

6 0
2 years ago
How do changes in consumer income and tastes affect movement of the demand curve?
dezoksy [38]

Answer:

Explanation:

An outward shift in demand will occur if income increases, in the case of a normal good; however, for an inferior good, the demand curve will shift inward noting that the consumer only purchases the good as a result of an income constraint on the purchase of a preferred good.

4 0
3 years ago
What is the maximum amount a 45-year-old taxpayer and 45-year-old spouse can put into a Traditional or Roth IRA for 2016 (assumi
tangare [24]

Answer:

$5,500 USD

Explanation:

Since traditional Roth IRA accounts cannot be owned jointly, then both individuals must have their own account. That being said they can still contribute to each other's Roth IRA accounts on behalf of their spouse. You can contribute a total of 100% of your earned income up to a limit of $5,500 USD. Pensions are not allowed as contributions. Individual's over the age of 50 have a limit of $6,500

6 0
3 years ago
Other questions:
  • In one or two sentences, describe how the first-come, first-served distribution method works.
    10·2 answers
  • Institutions specialize in raising money for governments and corporations by issuing securities.
    13·2 answers
  • On the first day of its fiscal year, Chin Company issued $10,000,000 of five-year, 7% bonds to finance its operations of produci
    13·1 answer
  • If you were using a simple exponential smoothing forecast model (alpha value equal to 0.30) that generated a forecast of 25.10 u
    6·1 answer
  • Classify each of the following financial statement items based upon the major balance sheet classifications. select a major bala
    11·1 answer
  • The ________ phase of the strategic marketing process usually results in a(n) ________ that sets the direction for the marketing
    7·1 answer
  • An investor invests 70% of her wealth in a risky asset with an expected rate of return of 15% and a variance of 0.05 and she put
    8·1 answer
  • The Whistling Straits Corporation needs to raise $70 million to finance its expansion into new markets. The company will sell ne
    9·1 answer
  • A minimum acceptable rate of return for an investment decision is called the: Multiple Choice Internal rate of return. Average r
    7·1 answer
  • When shipments from a number of sources are combined into one larger shipment going to a single location, the operation is known
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!