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
notsponge [240]
2 years ago
13

what is the present value of an annuity of $27 received at the beginning of each year for the next six years? The first payment

will be received today
Business
1 answer:
goldenfox [79]2 years ago
7 0

Answer:

$129.35

Explanation:

Here is the full question :

What is the present value of an annuity of $27 received at the beginning of each year for the next six  years? The first payment will be received today, and the discount rate is 10%

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

Cash flow each year from year 0 to 5 = $27

I = 10%

PV = $129.35

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  

You might be interested in
A consumer who is reluctant to take chances has a high level of what?
Alex_Xolod [135]
I think A risk aversion would be the answer
5 0
3 years ago
Read 2 more answers
A company purchased a weaving machine for $248,170. The machine has a useful life of 8 years and a residual value of $13,500. It
zloy xaker [14]

Answer:

Depreciation for second year = $34,875

Explanation:

Total amount of depreciation to be charged in useful life = Cost of machine - Residual Value

= $248,170 - $13,500 = $234,670

Total expected units to be produced during the life of machine = 757,000 bolts

Depreciation per unit bolt = $234,670/757,000 = $0.31

When depreciation is based on units of production method, it will be charged based on units of production.

Depreciation for second year = Units produced in second year X Rate of depreciation per unit of production

= 112,500 X $0.31 = $34,875

$34,875

6 0
3 years ago
Allie is shopping when she finds a pair of running shoes priced at $90. When Allie uses her debit card to pay, it is declined be
ZanzabumX [31]

Answer: B.) Scarcity

Explanation: Scarcity simply refers to the limited availability of a commodity or resource such that demand or want exceeds the level of supply or availability. In the context above, Allie's situation exemplifies a situation or condition Scarcity whereby the level of want or desire exceed the available resource. Allie's insufficient resource or bank balance was unable to cater for her want (pair of running shoes).

3 0
3 years ago
All of the following are benefits of workforce diversity except? a. better problem solving b. improved marketing efforts c. enha
Sergio039 [100]

All of the following are benefits of workforce diversity except enhanced communication.

Diversity in the workforce refers to the distinctive personality traits that each employee possesses. Gender, race, ethnicity, religion, age, sexual orientation, physical prowess, and ideologies can all be included in the definition of workforce diversity. Since it recognizes the unique strengths and potential of each employee, a diverse workplace is a valuable asset. A diverse skill set enables a company to provide a broader and more flexible range of goods and services. Teams with more diversity are more effective and perform better as they highlight a more tremendous potential for professional and personal development. Individuals can benefit from one another's knowledge and experiences thanks to diversity. Including various viewpoints and ideas improves problem-solving.

Learn more about diversity in the workforce brainly.com/question/5260641

#SPJ4

7 0
10 months ago
Research at least two articles on the topic of Information systems infrastructure: evolution and trends. Write a brief synthesis
sergij07 [2.7K]

Explanation:

In the 1960s computers developed from mainframes to mini-computers and personal computers and today's iPhone is the progression of information technology over the last 50 years.

In addition to the so-called EDP to information management system, the electronic data processing was popularly known as MIS technology, and made life easier and better.

In comparison to EDP, the use of computers is called automated data processing or information processing, for the compilation, analysis, interpretation and description of data.

Next followed the management and accounting processes for revenue and inventory and transaction data processing.

MIS was born and provides management with reports and knowledge to make business decisions.

The growth of decision support systems in technology has led to the development of product pricing, risk analysis and performance forecasts.

Soon came the period of desktop computers and Microsoft began to use tablets like Excel, Words and other software to promote strategic planning by handling information systems.

Next came corporate resource planning popularly referred to as ERP and today's robotics , artificial intelligence and human work equipment.

Today world over eCommerce is gaining ground and doing very well in USA and India with companies like amazon,Flip-kart and Alibaba clocking more than billion dollar sales every year giving a run to brick and mortar Companies a run for their money.

Today's manufacturers and refineries use less workers and more production highly automated.

All of the above are changes in networks and innovations in the information system and certain systems outdated problems in the old technology. Some occupations are becoming redundant and new circumstances are emerging and a new set of skills on demand are being developed.

4 0
2 years ago
Other questions:
  • Free cash flow is the measure of operating cash flow available for corporate purposes after providing sufficient fixed asset add
    6·1 answer
  • In A competitive balance sheet,the ending cash was315000 in 2011 and270000 in 2012 the net increase or decrease is:
    5·1 answer
  • When the consumer price index falls, the typical family has to spend fewer dollars to maintain the same standard of living.
    14·1 answer
  • After a tragic event in which an armed intruder storms into a mall and fatally shoots several people, the city of Belmonte insti
    7·1 answer
  • Suppose gold​ (G) and silver​ (S) are substitutes for each other because both serve as hedges against inflation. Suppose also th
    12·1 answer
  • Question 19 of 40
    14·1 answer
  • It is January 2nd and senior management of Baldwin meets to determine their investment plan for the year. They decide to fully f
    11·1 answer
  • A marketing plan details marketing goals and strategies for reaching them.<br> True<br> False
    7·2 answers
  • 1. Analyse the benefits and challenges of establishing a company versus other forms of ownership​
    10·1 answer
  • Larry was shopping at a Target store when he suddenly remembered he had an appointment with his Law 240
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!