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NISA [10]
3 years ago
12

An individual wishes to deposit an amount of money now and $100 every year so that at the end of 10 years $1,500 will have been

accumulated. With interest at 2% per year, how much should be deposited now
Business
1 answer:
Anna71 [15]3 years ago
6 0

Answer:

$332.26

Explanation:

The amount to be invested today is known as the Principle Value. We discount the future cash flows using the effective interest rate to arrive at the Principle Value.

Using a financial calculator, we can determine the Principle Value (PV) simply as follows :

PV = ??

PMT = - $100

P/YR = 1

I = 2 %

FV = $1,500

N = 10

This gives a PV of ($332.26)

therefore,

$332.26 should be deposited now to meet the goals.

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illy fell off a bar stool and hurt his back. As a result, he was unable to work for three months. He sued the bar owner and coll
Arlecino [84]

Answer:

No, the tax treatment will not be same.

All the amounts received by Billy, are during the course of business, and are related to the damages caused to business, and to him personally, and under tax these all amounts are tax free:

Amount received for personal injury of $100,000 is tax free as is related to expense of his personal recovery.

The amount of $50,000 and $15,000 though received from different sources but is for the same purpose of loss of income and destruction caused to business.

Whereas, amber is an employee, she is not the owner and therefore, all of the benefits received from her workplace are taxable.

As the policy was purchased by the employer and therefore, any amount received from such policy by amber will be taxable as a perquisite received from employer.

6 0
4 years ago
a major coffee retailer is looking to implement an enterprise platform. in particular, the company is looking to improve its sup
Stels [109]

The component of an enterprise platform that focuses on the aspect of the company’s needs that's illustrated is core processing.

Core processing simply means the important processes that are vital in a company. It's a process with a set of related and interdependent activities that are vital in transforming input to an output in an organization.

Core processing also include the technology that used in managing daily business activities such as supply chains, internal operations, back-office activities, etc.

In conclusion, the correct option is core processing.

Read related link on:

brainly.com/question/25392493

3 0
3 years ago
A perpetuity will pay $300 per year, starting five years after the perpetuity is purchased. is purchased. What is the present va
Maru [420]

Answer:

present value of perpetuity = $29615.93

Explanation:

given data

pay = $300 per year

interest rate = 3%

solution

we get here present value payment after 5 year is

present value = \frac{future\ value}{1+ discount\ rate } ...........1

present value = \frac{1000}{(1+0.03)^5}

present value = $862.60

and

now we get present value on purchase date

present value = \frac{payment}{interest\ rate}   ......2

present value = \frac{862.60}{0.03}

present value = $28753.33

and

present value of perpetuity is

present value of perpetuity =  $862.60 + $28753.33

present value of perpetuity = $29615.93

5 0
3 years ago
You are the manager of a movie theater that is the only one in a local market, so you have strong market power. You have extensi
Gre4nikov [31]

Answer: b. Set higher prices to the students as their demand is relatively more inelastic.

Explanation:

Price elasticity of demand measures the change in quantity demanded to changes in price levels.

If demand is inelastic, a small change in price has a small effect on quantity demanded. An inelastic demand usually has a coefficient of less than 1.

The elasticity of demand for students and senior citizens are both inelastic but that of the students is greater than that of senior citizens. They are less responsive to price changes when compared with senior citizens.

7 0
3 years ago
Which of the following us an example of resourcefulness
Tanya [424]
The answer you’re looking for is D
6 0
3 years ago
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