Answer:
lump sum money= $52653
Explanation:
Giving the following information:
Your child is going to college in 4 years.
Tuition fees amount to $16,000 a year for each of the 4 years.
You plan on depositing a lump sum of money today in a bank account paying 5% interest a year.
The first tuition fee payment you make will be 4 years from now.
FV= 16000*4= $64000
n= 4 years
i= 0.05
We need to find the annual payments:
PV= FV/(1+i)^n
PV= 64000/1.05^4= $52653
Answer:
Covenant.
Explanation:
A covenant in business context refers to a formal debt agreement between a lender and a company that specific actions will or will not be undertaken.
Answer:
5.75%
Explanation:
First, find the coupon payment amount . Using a financial calculator, key in the following inputs for this the bond valuation.
<em>Note: Make adjustment on the rate and time since the coupon payments are made semi-annually i.e 2 times a year</em>.
Maturity of the bond ; N = 14.5*2 = 29
Semi-annual rate ; I/Y = (5.3%/2) = 2.65%
Face value ; FV = 1000
Price of the bond or PV = -1045
then compute semiannual coupon payment ; CPT PMT = $28.743
Annual coupon rate is therefore = $28.743*2 = $57.486
Coupon rate = coupon payment / face value
Coupon rate = $57.486 / 1000
= 0.05749 or 5.75%
Using a cost-benefit analysis to make ethical decisions about research reflects a(n) Utalitarian perspective.
<h3>What Is Utilitarianism?</h3>
The term Utilitarianism is known to be a kind of a theory that is based on morality and this is known to be one that tends to advocates for actions that brings about happiness or pleasure and it is one that is against actions that leads to unhappiness or harm.
Hence, if directed toward creating social, economic, or political decisions, a utilitarian philosophy is said to often aim for the growth of society as one or as a whole.
Hence, Using a cost-benefit analysis to make ethical decisions about research reflects a(n) Utalitarian perspective.
Learn more about Utalitarian perspective from
brainly.com/question/14453548
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Answer: Lower interest rate are better. Higher interest rate is worse
Explanation:
A lower interest rate is better when borrowing money through credit cards or loans. You will be paying less. High interest rates are only good when you are the lender.