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3 years ago

Logan is working on a game development team that will be in charge of creating

Business

1 answer:

Alborosie3 years ago

5 0

Logan is working in the Pre-Production team

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9 . Implied interest rate and period Consider the case of the following annuities, and the need to compute either their expected

vodomira [7]

Answer:

IRR 6% for Jabob

His friend will need 12 years saving cash to obtain their collegue funds.

Explanation:

We will solve for the rate being the annuity of 3 payment of 800

and the present value 2,138.41

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 800

time 3

PV 2,138.41

rate ?

$800 \times \frac{1-(1+x)^{-3} }{x} = 2,138.41\\$

To solve we can use excel, a financial calculator or trial and error

For excel we will do the following:

write the list of cash through the loan life:

-2,138.41

+800

then we write in the empy cell

=IRR(

select the values and press enter

This will give the IRR which is 6%

For the second assignment:

we need to solve for time:

$C \times \frac{1-(1+r)^{-time} }{rate} = PV\\$

C 3,800

time n

rate 0.06

PV $31,897

$3800 \times \frac{1-(1+0.06)^{-n} }{0.06} = 31,897\\$

We work out the formula:

$(1+0.06)^{-n} = \frac{31,897\times 0.06}{3,800}$

Now we solve the right side and apply logarithmic properties

$-n = \frac{log0.503636842
}{log1.06}$

-n = -11.77128325

n = 11.77

It will take 12 years to obtain their target amount

3 0

3 years ago

The forces in _________ collisions with another vehicle, tree or pillar are enormous as the momentum and built up energy are rel

Volgvan

A.) head-on.
rear-ending cars are going the same direction as you, so they don't hit as hard.
trees aren't part of multi-vehicle crashes (hopefully)

3 0

3 years ago

A person who saves money for the future by buying a whole life policy A. pays the same premium for the same amount of term cover

Karolina [17]

Answer:

B. is able to accumulate tax-free interest earnings on cash values.

Explanation: whole life insurance policy also known as permanent life insurance,is an insurance policy where people who buy the policy are deferred from paying tax,this policy ensure that you pay the same amount of premium throughout the policy,it is a policy that is not termed and it doesn't expire it can last up to 120years.

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3 years ago

WILL GIVE BRAILIEST

Korvikt [17]

C. Current status and intermediate goals

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3 years ago

Which of the following statements comparing debit cards to credit cards is TRUE?

djverab [1.8K]

Using a credit card is like borrowing money, while debit cards let you draw directly from your bank account

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3 years ago

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