The present worth of this business it has been calculated is given as $302,898.
How to solve for the worth of the business
<u>In the first year</u>
Cash flow = 44000
PVF at 9.7% = 0.91158
The present value = 0.91158 * 44000
= $40106
<u>In the second year </u>
Cash flow =  $61,000,
PVF at 9.7%  = 0.83097
The present value = $50689.17
<u>In the third year</u>
Cash flow = $80,000 
PVF at 9.7% = 0.7575
The present value = $60600
<u>In the 4th year </u>
Cash flow = $200,000
PVF at 9.7% = 0.7575
The present value = $151,500
The worth of the business today is going to be the sum of all the present values
=  $151,500 + $60600 +  $40106.52 + $50689.17
= $302,898
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The introduction of intermediaries helps in minimizing the asymmetric information gap by becoming experts.
<h3>What is information asymmetry?</h3>
Information Asymmetry deals with the study of decisions in transactions where one party has more or better information.
The financial intermediary establishes trust by providing a form of guarantee of investment performance to the buyer of securities and a fair price to the sellers of securities.
Learn more about Information asymmetry here:
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Answer:

Explanation:
Given
Probability of a person to not enter into a bar or ducking   is 
Probability of a person to  enter into a bar  
 (Probability of a person to not enter into a bar or ducking)
 (Probability of a person to not enter into a bar or ducking)
Substituting the given value, we get 
Probability of a person to enter into a bar  

Total three men attempts to enter into the bar and their course of action is independent of each others
Thus, probability of observing the first two walking into the bar and the third ducking will be equal to the product of individual probabilities

 
        
             
        
        
        
Budgeting depends on cash inflow and outflow, and how much you have left affects investment decisions, retirement decisions, and financing decisions. ... All financial goals must be reasonable and achievable.
        
             
        
        
        
Answer:
The answer is 44.84%
Explanation:
39% tax bracket takes back the advantage of the lower 15% and 25% tax rates. 
The process will finish once the income that is taxable gets to $10 million. 
Therefore, you can get the tax attributable to taxable income which ranges from $335,000 to $10 million by using all the rates in the above schedule or, more simply, by multiplying by 34%
208000*34% = 50000*15% + 25000*25% + 25000*34% + 108000*T%
70720 = 22250 +108000*T%
T=44.84%