Answer:
The requirement is to calculate the present value of each option:
$ 11.26 million
$11.5 million
$ 12.52 million
Explanation:
The present value formula in excel is very useful in this case:
=-pv(rate,nper,pmt,fv)
rate is the 14% interest rate to be earned per year
nper is duration of the payment
pmt is the amount of payment expected per year
fv is the is the future worth of the payment which is unknown
Option 1:
=-pv(14%,20,1.7,0)=$ 11.26 million
Option 2:
The amount receivable today is the present value i.e $11.5 million
option 3:
=-pv(14%,20,1.4,0)=$9.27 million
total =amount received today+$ 9.27 million=$3.25 million+$ 9.27 millon=$ 12.52 million
I will try my best to answer:
1. <span> c.$10,000
2. </span><span>a.Traditional Bank, Credit Union, Online Bank
3. </span><span>c.Use a budget to determine how much you can save, then automate the savings by direct depositing that amount from each paycheck
4. False
5. </span><span>c. Invest for your retirement in an IRA </span>
The mouth covers most of the areolar surface of the breast is the best indication by infant during breast feeding.
Effective attachment involves covering most of the areolar surface of the breast with the newborn's mouth; effective attachment helps compress the milk glands.
<h3>What is
breast feeding?</h3>
- The procedure through which a kid is fed human breast milk is known as breastfeeding or nursing. Breast milk may come directly from the mother's breast, expressed by hand, or pumped and given to the child.
- Breastfeeding should start during the first hour of a newborn's life and should continue as frequently and as much as the baby desires, according to the World Health Organization (WHO).
- The WHO and other health organizations advise solely breastfeeding for six months.
- The WHO recommends exclusive breastfeeding for the first six months of life, followed by continued breastfeeding with suitable complementary foods for up to two years and beyond.
- Of the 135 million babies born each year, only 42 percent are breastfed within the first hour of life, only 38 percent of mothers practice exclusive breastfeeding during the first six months, and 58 percent continue breastfeeding with appropriate complementary foods for up to two years and beyond.
know more about breast feeding
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The cost of running the restaurant is $250000 per year
