Answer:
Present Value of Annuity is $1,263,487
Explanation:
A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.
Formula for Present value of annuity is as follow
PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]
Where
P = Annual payment = $91,000
r = rate of return = 5.15%
n = number of years = 25 years
PV of annuity = $91,000 x [ ( 1- ( 1+ 0.0515 )^-25 ) / 0.0515 ]
PV of Annuity = $1,263,487
Answer:
D) Property's fair value at the date of the investment.
Explanation:
When new business is formed from closing the old one, all assets are recorded at fair value.
Thus, all the assets other than cash shall be recorded at their respective fair values in the new business which is a partnership, as the cost or historical value will not display their proportional contributions properly.
Therefore, correct statement is
D) Property's fair value at the date of the investment.
Typically, the<u> laissez-faire</u> style of a leader avoids dominating groups.
In French, "laissez-faire" literally means "let someone do what they want". The origins of laissez-faire are associated with his group of 18th-century French economists, the Physiocrats, who believed that government policy should not interfere with the running of the natural economy.
An example of laissez-faire is the economic policies of capitalist countries. An example of laissez-faire is when homeowners can grow whatever they want in their front yard without asking for a city permit. Do not interfere in the affairs of others.
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Answer:
The answer is 17.67 years.
Explanation:
Present value is $2,500
Future value of the money to be double of the present value. This means the future value will be $5,000($2,500 x 2)
Interest rate is 4%
Number of years or periods to reach this $5,000 is unknown. So we are looking for this.
To compute this number of periods, lets use Financial calculator.
I/Y = 4; PV= -2,500; FV= 5,000; CPT N= 17.67 years.
Therefore, the number of years to accumulate to $5,000 is 17.67 years
Answer: OPTION A
Explanation: For winning the suit of negligence- duty, breach, cause and damage are the four elements that the plaintiff needs to prove. Intent is not an element of negligence.
Intent, used as a short form for intention, can be defined as the commitment of an individual to do certain action in present or in future period.
