Answer:
$2.02 million
Explanation:
We need to calculate the present value of Doris's contract given the following three cash flows:
Year 0 $0.6 million
Year 1 $0.8 million
Year 2 $0.8 million
interest rate = 8.2%
present value (in million) = $0.06 + ($0.8 / 1.082) + ($0.8 / 1.082²) = $0.6 + $0.74 + $0.68 = $2.02 million
*present value formula = future value / (1 + r)ⁿ
Answer
The answer and procedures of the exercise are attached in the following archives.
Step-by-step explanation:
You will find the procedures, formulas or necessary explanations in the archive attached below. If you have any question ask and I will aclare your doubts kindly.
Manny's acts would be a past factor in any lawsuit he filed against Mr. Washington, so Manny would lose. Filipino boxer Manny Pacquiao competed as a professional from 1995 until 2021. regarded as one of the greatest professional boxers ever by boxing historians...
<h3>Where does Manny stand historically?</h3>
- On ESPN's list of the top boxers, pound-for-pound, over the past 25 years, Pacquiao was placed second in 2016. Pacquiao is ranked by BoxRec as the third-best boxer of all time, pound for pound, and as the best Asian boxer ever.
- A boxer who has won major world championships in eight different weight divisions is known as an octuple champion. The only boxer in history, Manny Pacquiao, has won twelve major world championships in just eight years.
To learn more about Manny pacquiao refer to:
brainly.com/question/28774013
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Answer:
The correct words for the blank spaces are: Government purchases; Government Expenditures.
Explanation:
Government purchases refer to the expenses the central government incurs in federal, state, and local agencies. These purchases represent part of the <em>Gross Domestic Product</em> (GDP) of the country considering transfer payments are not including in these expenditures.
When the transfer payments are added to the government purchases the result represents the Government Expenditures. It is one of the factors of the GDP along with private investments, individuals' consumption, and net exports (exports minus imports).
If a union is able to sell its labor to a for-profit business, then the business is likely to D. pay wages above the market equilibrium for wages.
<h3>What do unions do?</h3>
Unions negotiate a higher rate of pay for their member thanks to their power to initiate industrial actions.
this means that when they are able to get a company to hire their members, that company would likely pay above the equilibrium wage in the market.
Options for this question at:
A. pay wages exactly where the demand and supply labor curves intersect
B. pay wages below the market equilibrium for wages
C. pay wages matching the preferred equilibrium wage chosen by these businesses
D. pay wages above the market equilibrium for wages
Find out more on the role of unions at brainly.com/question/881501.
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