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
Studentka2010 [4]
2 years ago
14

For tax reasons, your client wishes to purchase an annuity that pays $100,000 each year for 6 years, with the first payment in o

ne year. At an interest rate of 7% and focusing on time value of money without consideration of any fees, how much would the client need to invest now
Business
1 answer:
Ne4ueva [31]2 years ago
5 0

Answer:

the  amount that should be invested now is $476,654

Explanation:

The computation of the amount that should be invested now is shown below:

= Payment made each year × (1 - (1 + rate of interest)^-number of years) ÷ rate of interest

= $100,000 × [1 - (1 + 7%)^-6] ÷  7%

= $476,654

hence, the  amount that should be invested now is $476,654

You might be interested in
As you read through the draft of your message, you consider whether parts of your message should be rearranged to make your poin
soldier1979 [14.2K]

Answer:

The correct answer will be "Editing".

Explanation:

  • Editing seems to be the process where even the letter being written is reconstructed or reconfigured to more efficiently express the letter.
  • Arranging, modifying, as well as assembling a recorded, written, or video content for official completion, commonly by such an individual except for the producer of the content (considered as an editor).

The other options in question aren't relevant to the particular circumstance. So the option available here is just the right one.

3 0
3 years ago
Panda Inc. had total sales of $24,000 from bamboo bowls in 2017. The company sold 6,000 units of bamboo bowls and the total vari
xxMikexx [17]

Answer:

Contribution percent = 75%

Explanation:

Given:

Total sales = $24,000

Total Variable cost = $6,000

Total units = 6,000

Contribution percent = ?

Computation of Contribution :

Contribution = Total sales - Total Variable cost

Contribution = $24,000 - $6,000

Contribution = $18,000

Computation of Contribution percent :

Contribution percent = Contribution / Total sales

Contribution percent = 18,000 / 24,000

Contribution percent = 0.75

Contribution percent = 75%

8 0
3 years ago
An organizational chart of a company shows vice presidents with responsibility for key areas such as design, manufacturing, sale
Romashka-Z-Leto [24]

Answer: Functional

Explanation: The functional structure of an organisational chart places people with similar skills who perform similar activities in a group under a common manager who answers to an executive a level up in the hierarchy who may oversee multiple departments. Therefore, an organizational chart of a company showing vice presidents with responsibility for key areas such as design, manufacturing, sales, marketing, and after-sales support would reflect a functional structure.

An advantage of the functional structure is that employees are allowed to focus their collective energies on executing their roles as a department but sometimes they might develop tunnel vision (seeing the company solely through the lens of the employee’s job function) and often at times there is a lack of inter-departmental communication.

6 0
3 years ago
The City of Ruth has been awarded a $1,000,000 federal expenditure-driven grant to improve bike trails. The federal government a
lidiya [134]

Answer:

correct option is a) $182,000

Explanation:

given data

federal expenditure = $1,000,000

advanced the city =  $600,000

city incurred qualifying expenditures = $418,000

solution

we get here Ruth recognize as unearned revenue for its fiscal year ending that is express as

Amount to be recognized unearned revenue = advanced the city  - city incurred qualifying expenditures   .......................1

put here value

Amount to be recognized unearned revenue = $600,000-$418,000

Amount to be recognized unearned revenue = $182,000

so correct option is a) $182,000

5 0
3 years ago
Which file should you edit to limit the amount of concurrent logins for a specific user? (tip: enter the full path to the file.
saul85 [17]

Use /etc/security/limits.conf file to limit amount of concurrent logins for a specific user.

Use the /etc/security/limits.conf record to restrict aid use for all packages. That is from the pam_limits module of the Plugable Authentication Modules (PAM) module set. Entries in /etc/security/limits.conf comprise the subsequent: Entity type limit value.

A pluggable authentication module (PAM) is a mechanism to combine multiple low-level authentication schemes right into an excessive-stage Application programming interface (API). PAM allows applications that depend on authentication to be written independently of the underlying authentication scheme.

A module is a software program component or a part of an application that includes one or greater routines. One or more independently developed modules make up an application. A company-level software application may contain numerous one-of-a-kind modules, and each module serves unique and separate business operations.

Learn more about the Application programming interface here brainly.com/question/12987441

#SPJ4

3 0
1 year ago
Other questions:
  • Imagine that the U.S. Congress, recognizing the importance of being well dressed, started giveing preferential tax treatment to
    7·1 answer
  • What is the name of the economic system where the government, or another central administration, regulates supply and prices?
    8·1 answer
  • The Fed changes reserve requirements from 10 percent to 14 percent, thereby eliminating $750 million in excess reserves. The tot
    14·1 answer
  • Suppose a monopolist has a demand curve that can be expressed as P = 90 - Q. The monopolist's marginal revenue curve can be expr
    11·2 answers
  • Extreme caution should be exercised when using electric tools in damp locations
    15·2 answers
  • The following journal entries were prepared by an employee of International Marketing Company who does not have an adequate know
    6·2 answers
  • Is sand and salt mixture homogeneous or heterogeneous?
    8·1 answer
  • Joe is self-employed in a store that has a rental value of $500 a month which he pays, but he can vacate the building without gi
    7·1 answer
  • What kind of warranty is often offered not through the manufacturer but instead through a third party? a. manufacturer’s warrant
    10·1 answer
  • is the use of resources by an individual, firm, region, or nation to produce one or a few goods or services rather than the enti
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!