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pickupchik [31]
3 years ago
13

Your friend was injured in an accident, and the insurance company has offered him the choice of $25,000 per year for 15 years, w

ith the first payment being made today, or a lump sum. If a fair return is 7.5%, how large must the lump sum be to leave him as well off financially as with the annuity
Business
1 answer:
katovenus [111]3 years ago
4 0

Answer:

PV=$237,228.84

Explanation:

Giving the following information:

Annual payment= $25,000

Number of periods= 15 years

Interest rate= 7.5%

<u>To calculate the value of the payments today (PV), we need to use the following formula:</u>

<u></u>

PV= A*{(1/i) - 1/[i*(1 + i)^n]} * (1+i)

PV= 25,000*{(1/0.075) - 1/ [0.075*(1.075^15)]} * 1.075

PV=$237,228.84

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______________ produce fundamental changes that can transform a company or even revolutionize an industry, while ______________
Whitepunk [10]

Answer: Incremental innovation ( answer for both the blanks)

           

Explanation: In simple words, incremental innovation refers to the process under which small improvement are made to the current practices of business. Such improvements through innovation results in better products and services offerings.

Such small changes however occur in large volumes and can easily revolutionize any industry.

3 0
3 years ago
which of the following best describes message flows? Multiple Choicea) message flows are continuous with each poolb) message flo
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Answer:

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Explanation:

In Business Process Model and Notation (BPMN), message flows are used in the collaboration diagram to show how two or more distinct processes within the model, communicate and collaborate with each other without any form of central control.  

Dash lines together with an empty circle are used for the message flow to show where the message comes from and an empty arrow head is used to show where the message would be terminating in the model.  

3 0
3 years ago
How would you pay taxes on a earned income?
nasty-shy [4]
You must pay two types of taxes on earned income: Social Security/Medicare taxes (called FICA, OASDI, or payroll taxes) and income taxes. The payroll taxes that are withheld from your paycheck have two components.
3 0
3 years ago
Marika is a senior journalist at a news agency. She goes on a temporary leave for six months and travels around different parts
QveST [7]

Answer:

The correct answer is the option B: expatriate assignment.

Explanation:

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Secondly, the case of Marika is a general example of expatriate assigment due to the fact that her company may have ordered her to leave for a period of time to other countries in order to find news and investigate about certain topics and in order to do that the company will pay her so she can do her job properly and then go back home and share her information with her colleagues.

4 0
4 years ago
Korey is planning to open a comic book store near his home. after completing a population survey for 3,520 homes in a 5 mile rad
astraxan [27]

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Korey did the market analysis section of his business plan after conducting a population survey of 3,520 homes within a 5-mile radius.

He discovered that younger children who read comic books as children are more likely to read them as adults, resulting in a current and future client base.

For more information about the market analysis survey, refer below

brainly.com/question/3886071

6 0
2 years ago
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