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ELEN [110]
3 years ago
11

jim promised to pay his son $200 semiannually for 6 years. jim can invest his money at 8% in an ordinary annuity. how much must

Jim invest today to be able to pay his son $200 semiannuallt for 6 years?

Business
2 answers:
mart [117]3 years ago
5 0
I’m I’m in sixth grade I haven’t learned how to do this yet I’m srry if this was not a good answer
sleet_krkn [62]3 years ago
3 0
I’m I’m in sixth grade I haven’t learned how to do this yet I’m srry if this was not a good answer
You might be interested in
Suppose that Michelle buys a cappuccino from Paul's Cafe and Bakery for $4.75. Michelle was willing to pay up to $6.75 for the c
miv72 [106K]

Answer:

$2

$3.50

Explanation:

Consumer surplus is the difference between the willingness to pay of a consumer and the price of the good.

Consumer surplus = willingness to pay – price of the good

$6.75 - $4.75 = $2

Producer surplus is the difference between the price of a good and the least price the seller is willing to sell the product

Producer surplus = price – least price the seller is willing to accept

$4.75 - $1.25 = $3.5

7 0
3 years ago
Instead of treating mobile commerce and traditional retailing as separate retail channels, the National Retail Federation recomm
Hitman42 [59]

Answer:

Omni-channel

Explanation:

According to my research on different business strategies, I can say that based on the information provided within the question the integrated strategy being described within the question is called Omni-channel retailing. This is a strategy that emphasizes simultaneous communication between different communication channels and their supporting resources in order to provide a better user experience.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

3 0
3 years ago
When forecasting balance sheet financials, an unusually high forecasted cash balance suggests which of the following? A. Sales a
Inga [223]

Answer:

The correct option is E

Explanation:

If the business is forecasting the financials of the balance sheet and mostly the high forecasted balance of cash implies that the company or the firm could pay off the debt in the next or the following year.

The forecasted high cash balance most likely decrease the long term and the short term debt of the company in order to reduce the cash levels to a consistent level.

So, none of the above options provided is correct.

7 0
4 years ago
Assume that the hourly cost to operate a commercial airplane follows the normal distribution with a mean of $5,793 per hour and
AfilCa [17]

Answer:

x1 = 4891.294

Explanation:

given data

mean μ =  $5,793

standard deviation  σ =  $439

solution

we know here that

P(x < x1 ) = 0.02     .................1

so

P(\frac{x-\mu }{\sigma } < \frac{x1-\mu }{\sigma }) = 0.02

so

P(z < \frac{x1-\mu }{\sigma }) = 0.02

\frac{x1-\mu }{\sigma }  = invNorm(0.02)

so

x1 = μ + σ × invNorm(0.02)    .....................2

we use here table for invNorm(0.02) and put value in eq 2

x1 = 5793 + 439 × (-2.054 )

x1 = 4891.294

8 0
3 years ago
When a government limits imports via tariffs and quotas and subsidizes exports in order to maximize exports and minimize imports
Jlenok [28]

Answer:

The correct answer is letter "A": A mercantilist philosophy.

Explanation:

The mercantilist philosophy is the economic approach whereby governments control their economies to reduce imports and maximize exports. It is believed that by taking such a measure, the wealth of the nation would increase as a result of the surplus in the balance of trade of the country. The trade balance is calculated by subtracting imports from exports.

3 0
3 years ago
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