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
oksian1 [2.3K]
3 years ago
8

An investment offers $5,200 per year, with the first payment occurring one year from now. The required return is 7 percent. a. W

hat would the value be today if the payments occurred for 20 years
Business
1 answer:
vovangra [49]3 years ago
3 0

Answer:

the present value of an annuity is $55,088.87

Explanation:

The computation of the value today is given below:

Present value of annuity is

= Annuity × [1 - (1+interest rate)^-time period] ÷ rate

= $5,200 × [1 - (1.07)^-20] ÷ 0.07

= $5,200 × 10.59401425

= $55,088.87

hence, the present value of an annuity is $55,088.87

You might be interested in
Heath can pay $10 for one meal deal at the hamburger restaurant or $15 for
andrezito [222]

The marginal cost of the second meal deal is $5.

<h3>What is the marginal cost?</h3>

The marginal cost is the change in total cost when consumption is increased by one unit.

Marginal cost = change in total cost / change in consumption

($15 - $10) / (2 - 1) = $5

To learn more about marginal cost, please check: brainly.com/question/16399134

#SPJ1

8 0
2 years ago
The DBA function provides data modeling and design services to the end-user community, often through coordination with an applic
mrs_skeptik [129]

Answer:

The correct answer is True.

Explanation:

The DBA, unlike the data manager, is a data processing professional. The task of the DBA is to create the database itself and enforce the necessary technical controls to support the policies dictated by the data administrator. The DBA is also responsible for ensuring the proper functioning of the system and providing other related technical services. The DBA usually has a group of system programmers and other technical assistants.

The general responsibility of the DBA is to facilitate the development and use of the Database within the action guidelines defined by data management.

The DBA is primarily responsible for:

  • Manage the structure of the Database
  • Manage data activity
  • Manage the Database Management System
  • Set the Data Dictionary
  • Ensure the reliability of the Database
  • Confirm Database Security
8 0
4 years ago
SnapShot Company, a commercial photography studio, has just completed its first full year of operations on December 31, 2015. Ge
jek_recluse [69]

can only add 5 attachments. the chart is missing

4 0
3 years ago
In doing this geriatric interview, i decided to interview my grandfather,marvin, who i knew fairly well. he is 71 years old. he
Bogdan [553]
That is good that the interview happened. it would have made a big impact
4 0
3 years ago
Why is it important to YOU to save money ? ILL MARK BRAINLIST * How and why to save money *
dangina [55]

First and foremost, saving money is important because it helps protect you in the event of a financial emergency. Additionally, saving money can help you pay for large purchases, avoid debt, reduce your financial stress, leave a financial legacy, and provide you with a greater sense of financial freedom. I would save money by keeping it secure in a special place like a wallet.

7 0
3 years ago
Read 2 more answers
Other questions:
  • The following data pertain to an investment proposal (Ignore income taxes.):
    6·1 answer
  • Product J is one of the many products manufactured and sold by Oceanside Company. An income statement by product line for the pa
    8·1 answer
  • What are the instruments used in quantitative research?
    8·1 answer
  • Ben gordon, inc. manufactures 2 products, wheels and seats. the company has estimated its overhead in the assembling department
    7·1 answer
  • You're considering an investment that you expect will produce a return of 77 percent next​ year, and you expect that your real r
    5·1 answer
  • The disaster recovery plan focuses on technology recovery and identifies the people or the teams that are responsible to take ac
    5·1 answer
  • The national defense of the United States is not rival because
    14·1 answer
  • Dan is a small business owner who depends on his computer to keep track of customer and sales data. he is investigating storage
    12·1 answer
  • Rockwood International needs to make risky decisions on a daily basis. Therefore, its managers are likely to
    8·1 answer
  • he price of a bond having no expiration date is originally $8,000 and has a fixed annual interest payment of $800. a fall in the
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!