Answer:
- <u><em>Option B. $1,025 a month for 10 years.</em></u>
Explanation:
Calculate the present value of each option:
Formula:
![PV=C\times \bigg[\dfrac{1}{r}-\dfrac{1}{r(1+r)^t}\bigg]](https://tex.z-dn.net/?f=PV%3DC%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B1%7D%7Br%7D-%5Cdfrac%7B1%7D%7Br%281%2Br%29%5Et%7D%5Cbigg%5D)
Where:
- PV is the present value of the constant monthly payments
- r is the monthly rate
- t is the number of moths
<u>1. Option A will provide $1,500 a month for 6 years. </u>
![PV=$\ 1,500\times \bigg[\dfrac{1}{(0.005\overline 6}-\dfrac{1}{0.005\overline 6(1+0.005\overline 6)^{(6\times12)}}\bigg]](https://tex.z-dn.net/?f=PV%3D%24%5C%201%2C500%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B1%7D%7B%280.005%5Coverline%206%7D-%5Cdfrac%7B1%7D%7B0.005%5Coverline%206%281%2B0.005%5Coverline%206%29%5E%7B%286%5Ctimes12%29%7D%7D%5Cbigg%5D)
<u>2. Option B will pay $1,025 a month for 10 years. </u>
![PV=$\ 1,025\times \bigg[\dfrac{1}{(0.005\overline 6}-\dfrac{1}{0.005\overline 6(1+0.005\overline 6)^{(10\times12)}}\bigg]](https://tex.z-dn.net/?f=PV%3D%24%5C%201%2C025%5Ctimes%20%5Cbigg%5B%5Cdfrac%7B1%7D%7B%280.005%5Coverline%206%7D-%5Cdfrac%7B1%7D%7B0.005%5Coverline%206%281%2B0.005%5Coverline%206%29%5E%7B%2810%5Ctimes12%29%7D%7D%5Cbigg%5D)
<u>3. Option C offers $85,000 as a lump sum payment today. </u>
<u></u>
<h2 /><h2> Conclusion:</h2>
The present value of the<em> option B, $1,025 a month for 10 years</em>, has a the greatest present value, thus since he is only concerned with the <em>financial aspects of the offier</em>, this is the one he should select.
Answer: personal
Explanation:
Based on the information given with regards to the question, this is a personal defense. A personal defense occurs when there's a breach of contract whereby there was issuing of the negotiable instrument.
In this case, Marissa writes the check to Cash but Larry then gives the check to Gary Graduate his nephew, without indorsing it, as a graduation gift
Answer:
increase in cost of living of 9.09%
Explanation:
The cost of living for 2016 is goven as
(10 pizzas*$10) + (7 jeans * $40)+ (20 gallons of milk * $3)
= 100 + 280 + 60= $440
The cost of living from 2017 is
(10 pizzas*$14) + (7 jeans * $40)+ (20 gallons of milk * $3)
= 140 + 280 + 60
= $480
The percentage increase in cost of living between 2016 and 2017= (Cost of living in 2017/cost of living in 2016)* 100
= {480/440}* 100
= 109.09%
So there was a increase in cost of living of 9.09%
Based on the information depreciation expense and amortization expense represent non-cash items.
Non-cash items has to do with expense that does not involve paying cash.
Depreciation expense and amortization expense are non cash item as no cash payment is involve.
Although this expense may be included in a company profit or loss account or net income but they do not have effect on a company cash flow.
Non cash item like depreciation expenses and amortization expense often have effect on a company overall net income.
Inconclusion depreciation expense and amortization expense represent non-cash items.
Learn more about non-cash item here:
<em>brainly.com/question/23158497</em>
On an organization's board of directors, inside directors <span>may be members of the firm; outside directors </span><span>are supposed to be elected from outside the firm.</span>
The board of directors is responsible for keeping the organization’s vision, mission, and strategic planning goals. Duties of boards include: <span>choosing the CEO, approving major policies, making major decisions, overseeing performance<span>, and serving as external advocate.</span></span>
