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Ksivusya [100]
3 years ago
12

Sunland Company makes an investment today (January 1, 2020). They will receive $77000 every December 31st for the next six years

(2020 – 2025). If Sunland wants to earn 9% on the investment, what is the most they should invest on January 1, 2020?
Business
1 answer:
ELEN [110]3 years ago
6 0

Answer:

see explanation

Explanation:

The most they should invest on January 1, 2020 is called the Present value Amount. Thus calculate the Present Value.

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3 years ago
In a perfectly competitive market
lawyer [7]

Answer:

D. No seller can influence the price of the product

Explanation:

A perfect market for competition is a market which has a high level of competition.  

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1. With regard to the market, knowledge is perfect in this rivalry between producer and consumer.  

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5. There is no transport cost

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6 0
3 years ago
After an initial investment of $20,000, Joseph's bank account has earned $16,000 in interest over the last 10 years. At what rat
Daniel [21]

Answer:

what rate is he earning interest

Interest rate is 8%

Explanation:

I = C·i·t,

C Initial Investement

i Anul interest rate

t time

 

16000=20000*i*10

16000=200000*I

I=16000/200000

I=0,08

I=8%

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