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3 years ago

Time lines can be constructed for annuities where the payments occur at either the beginning or the end of the periods.

Business

1 answer:

soldi70 [24.7K]3 years ago

6 0

Answer:

A. True

Explanation:

In the case when the payment is arise or occur either at the starting of the period or at the closing of the period, so the time line could be constructed for the annuities purpose

Therefore the given statement is true

That means the given statement cannot be false

Hence, the correct option is a.

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Upstream from Umami Snacks is the set of firms that supply the raw materials, information, and expertise to make the seaweed cri

wolverine [178]

Solution and Explanation:

The Price and the Quality

For selection of vendor for the Nori, the prioritized factors are Quality and Price.

Quality is the essential factor for the product and without adequate quality, the product cannot survived in the market. hence quality of the product is of higher priority.

Price is the key element for vendor selection, as it is the base on which the decision of the suplier is being made. Price decides the business viability and it develops the platform for the business. So price is of higher priority factor for the vendor selection for the Nori product.

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3 years ago

If you are accused of a criminal act, you can substantially lower your legal costs by _____.

evablogger [386]

B. By accepting a public defender (since then you wouldn't have to pay for a lawyer)

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3 years ago

Read 2 more answers

Andrea's opportunity cost rate is 12 percent compounded annually. how much must he deposit in an account today if he wants to re

BabaBlast [244]

Answer:

$9583.89

Explanation:

value of each payment (P): $2,100

interest rate per period (r): 12/100 = 0.12

number or periods (n): 7

present value of annuity (PV): ??

using the annuity formula: $PV = P * \frac{1 - (1 + r )^{-n} }{r}$

PV = $9583.89

7 0

3 years ago

D.v.g. (a minor) was injured in a one-car auto accident in hoover, alabama. the vehicle was covered by an insurance policy issue

diamong [38]

Answer:

Yes, the court ruled in favor of D.V.G.'s mother, because of the principle that contracts entered by minors are not void, but voidable, and that they do have an effect on the parties, but if voided, they cannot be enforced.

In this case, the minor died before the contract was ratified by the court, but the minor hadn't voided the contract, so it was still good at the moment of his death. The minor had the chance of either approving or rejecting the contract while still living, and decided not to revoke it.

Explanation:

NATIONWIDE MUTUAL INSURANCE COMPANY and State Farm Mutual Automobile Insurance Company v. Barbara Walker WOOD, as administratrix of the estate of D.V.G., a minor, deceased, and K.C.T., a minor, by and through Earnest T., his father and next friend. 1111486. Decided: February 22, 2013

As this Court has stated, “ ‘[i]t is well settled by the authorities that infants are not liable on any of their contracts, except for necessaries. With the exception, all other contracts of infants, whether executory or executed, may be avoided or ratified at the election of the infant.’ ”

The final ruling was:

"Under Alabama law, an insurance company is bound to a settlement agreement negotiated on behalf of an injured minor, even if that minor dies before the scheduling of the court hearing that all parties agreed was necessary to obtain approval of the settlement agreement. In accordance with the parties' understanding, such a hearing is still required, and the minor's death does not render that hearing impossible. We thus answer in the affirmative the question certified to this Court."

6 0

3 years ago

On January 10, 2017, a man in Lebanon, Virginia, frustrated with the DMV bureaucracy, paid his DMV bill with 300,000 pennies tha

Zepler [3.9K]

Answer:

a. The initial change in the money supply would be $0

b. The initial change in deposits would be $3,000.

c. Total reserves will also increase by $3,000.

d. The excess reserves is $2,820.

e. Cumulative change = $47,009

Explanation:

(a) Currency in circulation and bank deposits are both parts of the money supply.

So, when a man paid DMV with 300,000 pennies or $3,000 which DMV deposited into its account then in that case currency in circulation decreased by $3,000 and bank deposits increase by $3,000.

Since one component of the money supply is increasing while other is decreasing and that also by the same amount there will be no change in the money supply.

So, the initial change in the money supply would be $0

(b) DMV has deposited $3,000 into its bank account.

So,

Deposits will increase by $3,000.

Thus,

The initial change in deposits would be $3,000.

Deposits have increased by $3,000.

So,

Total reserves will also increase by $3,000.

Thus,

The initial change in total reserves would be $3,000.

(d) New deposit created = $3,000

Reserve requirement = 6 percent

Required reserves created = $3,000 * 0.06 = $180

Excess reserves = New deposit - Required reserves = $3,000 - $180 = $2,820

The excess reserves is $2,820.

(e) Reserve requirement = 6% or 0.06

Money multiplier = 1/Reserve requirement = 1/0.06 = 16.67

Calculate the cumulative change in the banking system in lending capacity -

Cumulative change = Excess reserves * Money multiplier

Cumulative change = $2,820 * 16.67 = $47,009

The cumulative change in the banking system in lending capacity would be $47,009.

5 0

3 years ago