Answer:
Thus Option A is correct. $25,120
Explanation:
S1 = 8000+0.25(14400+0.30(S1))
S1 = 8000+3600+0.075(S1)
S1 = $12,540 = $11,600 / 0.925
S2 = $18,162 = $14,400 + 0.30 ($12,540)
$25,210 = $16,000 + 0.30 ($12,540) + 0.30 ($18,162)
Answer:
Discount rate
Explanation:
As we know that
The current value of the money we called the present worth and the value that arises in the future we called it the future worth.
For computing the present value of cash flows we simply multiplied the initial investment and the cash outflows with the discount rate so that the present value could come
The discount rate could come by referring the PVIFA factor table or PVF factor table
Hence, the interest rate i.e used for the computation is known as discount rate
Answer:
The correct answer is letter "B": subculture.
Explanation:
A subculture is a group of people that share the same lifestyle, customs, and beliefs among a group of people inside the same society but different from the rest. Subcultures can be formed because of age, ethnicity or gender. Examples of subcultures are nudists, otakus, cosplayers, skaters, and surfers.
Answer:
a) The PV of the quarterback's contract is 13.91 million
b) The PV of the receiver's contract is 14.42 million
.
c) The Receiver is better paid
Explanation:
a)
PV of quarterback
= 3.1/1.09 + 3.1/1.09^2 + 3.1/1.09^3 + 3.1/1.09^4 + 3.1/1.09^5 + 3.1/1.09^6
= 3.1/0.09*(1 - (1/1.09)^6)
= 13.91 million
Therefore, The PV of the quarterback's contract is 13.91 million
.
b)
PV of receiver's contract
= 5 + 2.1/1.09 + 2.1/1.09^2+2.1/1.09^3+2.1/1.09^4+2.1/1.09^5+2.1/1.09^6
= 5 + 2.1/0.09*(1 - (1/1.09)^6)
= 14.42 million
Therefore, The PV of the receiver's contract is 14.42 million
.
c) Since the PV of the quarterback's contract is less than the PV of the receiver's contract, The Receiver is better paid.
