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iogann1982 [59]
2 years ago
9

Assume you are to receive a 30-year annuity with annual payments of $2,000. The first payment will be received at the end of Yea

r 1, and the last payment will be received at the end of Year 30. You will invest each payment in an account that pays 6 percent annually compounded interest. What will be the value in your account at 55 years from today?​
Business
1 answer:
max2010maxim [7]2 years ago
6 0

Answer:

Total FV= $678.615.02

Explanation:

<u>First, we need to calculate the value of the annuity at the end of the last payment:</u>

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

A= annual deposit

FV= {2,000*[(1.06^30) - 1]} / 0.06

FV= $158,116.37

<u>Now, the total future value after 25 years:</u>

FV= PV*(1 + i)^n

FV= 158,116.37*(1.06^25)

FV= $678.615.02

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Bill Buckely has​ split-limit 50​/100​/20 automobile liability insurance on his 2012 Subaru. Driving home from work in a​ snowst
iren2701 [21]

Answer: The answer is given below

Explanation:

It should be noted that the split limits approach is used by several auto insurance policies and this simply combines per person and occurrence approach.

For every accident, three dollars amount are being applied. The first limit is simply a per person limit which is the maximum amount that one injured person will get. The second limit is simply the per occurrence limit which is the maximum amount that all the injured persons will get while the third limit applies during the claim of property damage as it is the maximum amount that will be paid for damages by an insurer to property that results from the accident.

since the split is 50/100/20, it implies that $50,000 medical coverage for every injured person, $100,000 injury coverage for all accident victims and then $20,000 for property damage.

1. Bill's insurance company will pay $20000.

2. Amount Bill will pay:

= ​$17,603​ + ​$3,136​ + ​$9,659 - $20,000

= $30,398 - $20,000

= $10,398

7 0
3 years ago
Jake serves on a committee of employees who were charged with selecting three co-workers to honor at the holiday banquet. One em
rjkz [21]

Answer:

3. How does the action I am proposing to take make me feel about myself?

Explanation:

According to Norman Vincent Peale, the following questions should be asked by Jake as he proceeds to make an ethical decision: How does the action I am proposing to take make me feel about myself?

According to Kenneth Blanchard and Norman Vincent Peale, authors of The Power of Ethical  Management, there are three questions you should ask yourself whenever you are faced with an  ethical dilemma:

1. Is it legal? Will I be violating civil law or company policy? Will I be violating the student code  of conduct?  

2. Is it balanced? Is it fair to all parties concerned both in the short-term as well as the longterm?  Does it promote win-win relationships?

<u>3. How will it make me feel about myself? Will it make me proud? Would I feel good if my  decision was published in the newspaper? Would I feel good if my family knew about it? </u>

4 0
2 years ago
The pdca cycle is a powerful approach for problem solving as it provides the foundation for teams to
natima [27]

The pdca cycle is a powerful approach for problem solving as it provides the foundation for teams to figure out ways to change and implement new ideas within their group setting and project or business. The PDCA stands for plan-do-check-act. In the planning stage your team will plan by determining what the problem is and what ways to fix it. In the do stage, your team will act on the ways you can solve the problem. In the check stage you are looking to check your work and see what worked and what needs to be changed. The final stage is the act stage which if you find solutions that work, implement them moving forward.


4 0
2 years ago
When a consumer is being engaged with an immersive multimedia​ experience, the consumer is enjoying the​ _________ feature of​ e
kodGreya [7K]

Answer:

richness

Explanation:

Immersive multimedia is considered as a new way of looking at the information. It helps to create an environment where users can experience indirect and direct views which are created by computer software’s, graphics and sound. The experience of customers increases when immersive multimedia techniques are used and likewise, it helps to understand and experience complete features of e-commerce

3 0
2 years ago
A+house+sold+for+$120,000,+which+was+96%+of+the+list+price.+what+did+the+house+list+for?
svp [43]

House listed for 4% So, The correct answer is 4% which is 4800

A strong, SEO-focused website that enables you to integrate IDX listings and funnel those leads directly into your CRM may need some initial investment, but it is an essential component of any successful real estate business.

Step-by-step explanation:

120,000 - 115200 = 4800

4800/120,000 = 0.04

0.04 * 100 = 4 percent

What is a listing on a house?

A contract that certifies a real estate agent's or broker's authority to manage the purchase or sale of real property and to be paid a fee or commission for their services. Real estate listings come in a variety of forms.

To learn more about Listing

brainly.com/question/25325640

#SPJ4

5 0
1 year ago
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