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maw [93]
3 years ago
13

For each of the following, compute the present value (Do not round intermediate calculations and round your answers to 2 decimal

places, e.g., 32.16.): Present ValueYears Interest RateFuture value$ 13 7% $15,251 4 13 49,557 29 14 884,073 40 9 548,164
Business
1 answer:
Naya [18.7K]3 years ago
4 0

Answer:

Present Value = Future Value / ( 1 + interest rate) ^ years

1. Present Value = 15,251 / ( 1 + 7%)¹³

= $6,328.62

2. Present value = 49,557 / (1 + 13%)⁴

= $30,394.24

3. Present value = 884,073 / ( 1 + 14%)²⁹

= $19,780.96

4. Present Value = 548,164 / (1 + 9%)⁴⁰

= $17,452.22

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Shirley Riddle earns ​$2 comma 327 biweekly. She is single and claims no withholding allowances. She saves​ 2% of her salary for
Paha777 [63]

Answer:

Shirley receive 2,126.16 dollars for each pay period.

Explanation:

the saving are considered part of his net earnings. The employeer gives a certain amount and from there, Shirley makes a save.

gross pay:                   2,327

insurance premium         22.82

Socal Security (6.2%)     144.274

medicare         (1.45%)      33.7415

Total deductions           200.8355‬

Net pay:                    2,126.1645‬    ≈ <em>2,126.16</em>

8 0
3 years ago
Match each term with the correct definition.
JulijaS [17]

Answer:

1. Economics - The social science concerned with how individuals, institutions, and society make optimal (best) choices under conditions of scarcity.

2. Opportunity cost - The next-best thing that must be forgone in order to produce one more unit of a given product.

3. Marginal analysis - Making choices based on comparing marginal benefits with marginal costs.

4. Utility - The pleasure, happiness, or satisfaction obtained from consuming a good or service.

6 0
3 years ago
If one of the parties to a contract is forced to agree out of fear of harm, then genuineness of assent has not been achieved. Th
Hoochie [10]

Answer:

duress

Explanation:

A contract may not be enforced it any of the parties does not give genuine or real assent, i.e. they freely agree with the contract terms.

Duress happens when one of the parties threatens to do something bad or wrong to the other party in order to force them to enter a contract. Contracts agreed under duress can be invalidated.

7 0
3 years ago
Read 2 more answers
David Ortiz Motors has a target capital structure of 40% debt and 60% equity. The yield to maturity on the company's outstanding
Marrrta [24]

Answer:

Cost of equity = 14.43%

Explanation:

Weigheted Average cost of capital is computed using the formula below:

WACC = (Wd×Kd)  + (We×Ke)

           Kd= aftre tax cost of debt= 12%× (1-0.4)= 7.2%

           Wd =Proportion of debt= 40%

           We = proportion of equity = 60%

            Ke= cost of equity.

let the cost of equity be "y"

WACC = 11.54

11.54 = (40%× 7.2%) + (60% × y)

0.1154  = 0.0288 + 0.6y

0.1154 - 0.0288 = 0.6y

y =(0.1154 - 0.0288)/0.6

y = 0.1443 × 100

y =14.43%

Cost of equity = 14.43%

         

8 0
3 years ago
Use the following two statements to answer this question:I. The average total cost of a given level of output is the slope of th
Burka [1]

Answer:

B. Both I and II are true.

Explanation:

<em> The average total cost of a given level of output is the slope of the line from the origin to the total cost curve at that level of output</em>

The average total cost is defined as the sum of all total costs divided by the quantity produced. In other words, the cost of one unit of production. The average cost curve as shown in the diagram is U-shaped, where it falls with economies of scale and later rises as diseconomies of scale sets in.

<em />

<em>The marginal cost of a given level of output is the slope of the line that is tangent to the total cost curve at that level of output</em>

Marginal cost is the change that occurs in the total cost when quantity produced increases by one unit. In other words, it is the cost of producing an additional unit of a good. As per the diagram, the slope of the line tangent to the TC (TC = AC x Q1) curve at Q1 is the firm's marginal cost at this output level.

7 0
3 years ago
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