Answer: 2.72%
Explanation:
An annuity is a series of payments that is made at equal intervals. Examples are monthly home mortgage payments, regular deposits to a savings account, pension payments.
Number of payment period (NPER) = 12 years
Payment per period (PMT) = $15000
Amount needed, PV = $156000
The formula for an annuity is calculated as:
P = PMT x ((1 – (1 / (1 + r) ^ -n)) / r)
= Rate(12,15000,-156000,1)
Rate = 2.72%
Answer:
b. between $100 and $200
Explanation:
Producer surplus: The producer surplus is a difference between the willing price declared by the producers and the price the producers receives for supplying the goods and services.
In mathematically,
Producer surplus = Willing price - Receiving price
= $400 - $300
= $100
Answer:
$1,512,625
Explanation:
The computation of the total stockholders’ equity is shown below:
= Common stock balance + retained earnings balance + net income - dividend paid - purchase of common stock
= $975,000 + $535,000 + $127,000 - $24,375 - $ $100,000
= $1,512,625
We added the Common stock balance, retained earnings balance, net income and deducted the dividend paid and purchase of common stock so that the accurate amount can come.
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