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
serg [7]
3 years ago
6

Jenny Enterprises has just entered a lease agreement for a new manufacturing facility. Under the terms of the agreement, the com

pany agreed to pay rent of $12,000 per month for the next 9 years with the first payment due today. If the APR is 6.36 percent compounded monthly, what is the value of the payments today?
Business
1 answer:
mestny [16]3 years ago
6 0

Answer:

The value of the payments today = $990,072.84

Explanation:

jenny:

rate =0.0636/12

n=9*12

pmt=12000

=PV(0.0636/12,9*12,12000,0,1)

=$990,072.84

You might be interested in
Gather secondary data by reading what others have experienced and observed. You should begin nearly every research project by re
liraira [26]

Answer:

An Index is used to identify references, key words or paragraphs, abstracts so also articles from different sources.

6 0
3 years ago
Net sales for the year were $325,000 and cost of goods sold was $240,500 for the company’s existing products. A new product is
marin [14]

Answer:

The correct answer is B.

Explanation:

Gross profit equals net sales minus cost of sales(Net sales- Cost of Sales).

Net sales = $325,000

Cost of Sales = $240,500

Therefore we have;

$325,000 - $240,500

=$84,500

Gross profit ratio is (Gross profit/net sales) x 100%

($84,500 x $325,000) x 100%

26%

6 0
3 years ago
Gross earnings are the same as
attashe74 [19]
Gross income. they are incomes before taxes or adjustments
6 0
3 years ago
Explain how insurance companies use statistics.
Luda [366]

Answer:

 Statistics is used to determine what risk an insured poses to an insurance company, what percentage of policies is likely to pay out, and how much money a company can expect to pay out in claims

7 0
3 years ago
If the keyword an advertiser is bidding on is used in the ad and on the landing page, then the advertiser will receive a higher
cricket20 [7]

Answer:

If the keyword an advertiser is bidding on is used in the ad and on the landing page, then the advertiser will receive a higher Quality Score for

ad relevance.

Explanation:

Ad relevance is a component that gives an advertiser higher quality score.  It is an indication that the keyword is optimized to meet the customer's search query.  It shows how closely the ad matches the customer's search because a correlation exists between the keyword, the ad, and the post-click landing page.  It is paramount to achieve ad relevance in any pay-per-click advertising (PPC), otherwise called search engine marketing (SEM) or search advertising, to justify the ad costs.

8 0
2 years ago
Other questions:
  • Roadside Markets has 8.45 percent coupon bonds outstanding that mature in 10.5 years. The bonds pay interest semiannually. What
    6·1 answer
  • A manufactured product has the following information for June. Standard Actual Direct materials (5 lbs. @ $7 per lb.) 39,400 lbs
    15·1 answer
  • The amount of money deposited 25 years ago at 5% interest that would now provide a perpetual payment of $15,000 per year is clos
    15·1 answer
  • A company must decide between scrapping or reworking units that do not pass inspection. The company has 13,000 defective units t
    11·1 answer
  • ​_________ includes looking at​ relationships, attempting to attribute causes and​ effects, and basing our conclusions on scient
    11·1 answer
  • Apply What You’ve Learned - Managing Credit Cards and ConsumerLoans
    11·1 answer
  • Which of these represent the correct order of steps of the flow of accounting information? Prepare a trial balance. Analyze what
    5·1 answer
  • The following information has been obtained from the Massena Corporation: 100,000 shares of common stock were outstanding on Jan
    7·1 answer
  • Toby has been working on collecting tidbits over the past year from a financial firm's trash in an effort to eventually break in
    9·1 answer
  • The two important environmental trends that influence a firm's choice and use of international corporate-level strategies are __
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!