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
Serga [27]
2 years ago
9

As a result of an injury settlement with your insurance you have the choice between (1) receiving $5,000 today OR (2) $6,500 in

three years. If you could invest your money at 8% compounded annually, which option should you pick
Business
1 answer:
Murljashka [212]2 years ago
8 0

Answer:

option 2

Explanation:

to determine the better option, calculate the present value of option 2. The more suitable option is the option with the higher present value

Present value is the sum of discounted cash flows

Present value = future value / ( 1 + r)^n

r = interest rate

n = number of years

6500 / ( 1.08^3) = 5159.91

the present value of option 2 is higher than that of option 1,, so pick option 2

You might be interested in
Zach is very concerned about how others view him. he spends a great deal of time strategically choosing clothing and other produ
allochka39001 [22]
Impression management is the process he is involving in.
8 0
3 years ago
What economic impact have pandemics , had on global trade?
12345 [234]
Well obviously the economy is shrinking. people aren’t buying/trading much because they don’t want to risk going out and going through avoidable things you know?
8 0
3 years ago
A treaty that can be signed between two or more countries to lower tariffs and improve the import and export of goods is a free
klio [65]

When a treaty is signed between nations to lower tariffs and improve imports, this is a free trade agreement. This is <u>True</u>.

<h3>What is a free trade agreement?</h3><h3 />

Sometimes nations get together and discuss a treaty that will allow for trade to be easier between them.

To this end they will reduce tariffs, and other barriers to trade. This is to encourage free trade between the nations. This treaty is a free trade treaty.

Find out more on barriers to trade at brainly.com/question/1326741.

3 0
3 years ago
One way to make it easier to track your progress toward success is A. offer stock to the public. B. improve your product. C. to
jok3333 [9.3K]
The correct option is D.
To progress in life and to achieve one's desires one has to set short and long term achievable goals which will drive one toward one's desires.
The goals should be very specific and it must has a time frame, it must be an achievable goal whose achievement will drive you towards achieving a greater one.<span />
7 0
3 years ago
Read 2 more answers
In large high rise condominiums, each unit is owned by individual owners. The elevators, parking garage, and swimming pool are c
Arlecino [84]

Answer:

B. common area elements

Explanation:

Common Area elements are those spaces in real estate that are meant for general use. They are not owned exclusively by one person but are rather shared by the people who live within the area. The people pay some maintenance fee to keep the common area elements in good conditions.

In condominiums, the elevators, parking garage, and swimming pools are collectively shared by residents, and they all pay for the maintenance of these properties. Therefore, they can be said to be Common Area elements. Common Area elements can be found in residential, business and Government-owned properties.

5 0
3 years ago
Read 2 more answers
Other questions:
  • What does a partner in a limited liability partnership have that a limited partner in a limited partnership does not have?
    8·1 answer
  • What are the two dominant manufacturers of processors for personal computers?
    11·1 answer
  • Suppose the state of Florida passes a law that increases the tax on alcoholic beverages. As a result, resi-dents in Florida star
    6·1 answer
  • Martinez Company sponsors a defined benefit pension plan for its employees. The following data relate to the operation of the pl
    9·1 answer
  • If Robert wishes to cash out his annuity at age 70 after having it for over 40 years, what should he know about prior to doing i
    15·1 answer
  • The journal entry to record a note received from a customer to replace an account is A. debit Notes Receivable credit Accounts R
    5·1 answer
  • Ms. Jorgen recently moved from Boston to Pittsburgh to take a job with OP Inc. She sold her home in Boston and OP paid the $14,5
    14·1 answer
  • A firm presents a market value balance sheet and a book value balance sheet to prospective investors. What is wrong with using t
    5·1 answer
  • Which of the following is not a bad faith action
    15·1 answer
  • Suppose you have a dinner gift certificate for $20. You can use it to order meatloaf or pot roast. Meatloaf costs $12, and pot r
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!