Answer:
The correct answer to the following question is option B) $2500 .
Explanation:
Given information - 
Proceeds to be received on life insurance - $150,000
Carin receives 10 installments of $17,500 each , which takes total amount to - $175,000 
Premiums paid by Carins husband - $60,000
Carin collected - $17,500 from insurance company
The interest element that would be included in her gross income -
 $175,000 - $150,000
= $25,000
She is receiving payments in form of annuity, and the amount that should be included in her gross income in the first year should - 
$25,000 / $175,000  x  $17,500
= $2500
 
        
             
        
        
        
Answer: im also working on my school work and i also need help i tried to work on that question im confused but i know that 22,567-97% is 677.01
 
        
             
        
        
        
Answer:
The bid amount should be $13,200,264.
Explanation:
An oil and gas producing company owns 42,000 acres of land in a southeastern state. 
It operates 630 wells which produce 18,000 barrels of oil per year and 1.7 million cubic feet of natural gas per year. 
The revenue from the oil is $1,800,000 per year and for natural gas the annual revenue is $581,000 per year. 
Total Annual Revenue 
= Revenue from oil + Revenue from gas 
= $1,800,000 + $581,000
= $2,381,000
The bid amount should be the present worth of total annual revenue.
Present Worth of total annual revenue
= 
= 
= 
= 
= 
= 
= $13,200,264