1.You have just been notified that you will receive $7,250 a year for the next 17 years from an inherited trust. If the interest rate is 9 percent, how much should you be willing to accept today in exchange for the annual payments? (Enter your answer as a positive number rounded to 2 decimal places.)
2.You have just been notified that you will receive $7,250 a year for the next 17 years from an inherited trust. If the interest rate is 9 percent, how much should you be willing to accept today in exchange for the annual payments? (Enter your answer as a positive number rounded to 2 decimal places.)
3.Larry Davis borrows $88,000 at 12 percent interest toward the purchase of a home. His mortgage is for 30 years.
a. If Larry decides to make annual payments, how much will they be? (Enter your answer as a positive number rounded to 2 decimal places.)
b. How much interest will he pay over the life of the loan? (Do not round intermediate calculations. Round your final answer to 2 decimal places.)
Answers
1. In order to find out how much should the individual be willing to accept today in exchange for the annual payments, the present value of the payments should be calculated.
Using the formula,Present value = Payment * PVIF= $7,250 * 8.530= $61,857.50Therefore, the individual should be willing to accept $61,857.50 today.2. In order to find out how much should the individual be willing to accept today in exchange for the annual payments, the present value of the payments should be calculated.Using the formula,Present value = Payment * PVIF= $7,250 * 8.530= $61,857.50Therefore, the individual should be willing to accept $61,857.50 today.3. a. Given, principal borrowed, P = $88,000Rate of interest, R = 12%Time period, t = 30 years
Since, it is given that the payments will be annual, number of payments will be 30.Annual payment can be calculated using the formula:Annual payment = P * [R(1 + R)n] / [(1 + R)n - 1]
Annual payment = $88,000 * [0.12(1 + 0.12)30] / [(1 + 0.12)30 - 1]= $10,452.19Therefore, the annual payment will be $10,452.19.b. Total payment made over the 30 years = Annual payment * Number of paymentsTotal payment made over the 30 years = $10,452.19 * 30Total payment made over the 30 years = $313,565.70Total interest paid = Total payment made over the 30 years - PrincipalTotal interest paid = $313,565.70 - $88,000Total interest paid = $225,565.70Therefore, Larry will pay an interest of $225,565.70 over the life of the loan.
Therefore, in the given question, the present value was calculated in the first two parts and in the third part, annual payments were calculated along with the interest paid over the life of the loan.
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Related Questions
Please help with economics will mark brainliest
Answers
Answer On 25, it is likely economic growth since both go up, however it might also be coming back from an recession, but i would go for economic growth first. On 24, I think it is no idle resources and using resources efficiently.
Explanation:
merchandise that is delivered, received, and sent immediately to a production area is referred to as a:
Answers
Merchandise that is delivered, received, and sent immediately to a production area is referred to as "just-in-time" inventory.
Just-in-time (JIT) inventory is a lean manufacturing strategy that focuses on reducing waste and increasing efficiency in the production process.
The goal of JIT inventory is to have materials delivered only when they are needed for production. This means that inventory levels are kept at a minimum, reducing storage costs and the risk of product obsolescence. When materials arrive, they are immediately sent to the production area, where they are used in the manufacturing process.
JIT inventory relies heavily on communication and coordination between suppliers and manufacturers to ensure that materials arrive on time and in the correct quantities. This requires a high level of trust and collaboration between all parties involved.
There are several benefits to using JIT inventory. It can lead to reduced inventory costs, improved quality control, and increased productivity. By having materials delivered only when they are needed, companies can also respond more quickly to changes in customer demand.
However, there are also risks associated with JIT inventory. If suppliers fail to deliver materials on time, it can cause delays in production and ultimately result in lost sales. Additionally, there is a higher level of risk associated with relying on a small number of suppliers for critical materials.
Overall, just-in-time inventory can be an effective strategy for companies looking to improve efficiency and reduce waste in their production processes.
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are good oppurtunities always spotted quickly or they often left unrecognized ?
Answers
Answer:
often left unrecognised
Answer:
Spotted quickly
Explanation:
For each of the following scenarios in which an output Y is produced from an input L, draw the graph of a production function that accurately illustrates the phenomenon. Your graphs should show output on the vertical axis, not average product.
Average product is constant.
Average product is decreasing.
Answers
1. If average product is constant, the graph of the production function will show a constant average product curve. 2. If average product is decreasing, the graph of the production function will show a downward sloping average product curve.
1. Average product is constant
In this scenario, the average product of labor (APL) remains constant as the input of labor (L) increases. The graph of the production function will show a constant average product curve. The graph is shown in Fig 1. In the graph, AP represents the average product curve, which is a straight horizontal line. This indicates that regardless of the level of input (L), the average product of labor remains constant.
2. Average product is decreasing
In this scenario, the average product of labor (APL) decreases as the input of labor (L) increases. The graph of the production function will show a downward sloping average product curve. The graph is shown in Fig 2. In the graph, AP represents the average product curve, which slopes downwards. This indicates that as the input of labor (L) increases, the average product of labor decreases.
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Find a news headline that refers to the business cycle. What phase of the business cycle does your headline reference? Explain.
Answers
Answer:
The business cycle typically consists of four phases:
Expansion: This phase is characterized by increasing economic activity, rising GDP, low unemployment rates, high consumer confidence, and increased business investments.
Peak: The peak represents the highest point of economic expansion before the cycle starts to slow down.
Recession: This phase marks a slowdown in economic activity. It is characterized by declining GDP, rising unemployment, reduced consumer spending, and decreased business investments.
Trough: The trough represents the lowest point of the business cycle. It is the phase where the economy reaches its bottom before starting to recover.
household play a role in the circular flow of goods by
Answers
Answer:
C) purchasing goods at product markets
Answer:
C. purchasing goods at product markets
Explanation:
It said on the test
An unexpected frost in the orange groves of california would cause:
Answers
Answer:
there would be less oranges so the prices would go higher or there might be no oranges at all. hope that helped
To assess the risk and return involved in a purchase decision, which practical questions should a potential buyer ask? select three options. what can go wrong? what are my friends buying? how will it affect my social status? what is the likely return? is the risk worth the return?
Answers
The practical questions a potential buyer should ask include the following:
What can go wrong? What is the likely return?Is the risk worth the return?Who is a Buyer?This is referred to the individual which purchases the item and normally gives cash to the seller in exchange for the product.
The buyer has to assess risk by making sure what is to be purchased has benefits and won't cause problems.
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Answer:
A, D, E
Explanation:
4. how do financial and management accounting relate to each other?
Answers
I want to become either a rapper or an artist in arts. how do i follow my dream.
Answers
Answer:
tottally do it
Explanation:
Answer:
practice practice practice
Explanation:
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Why is it a good idea to invest in both bonds and stocks?
Answers
Putting portions of your money into different types of investments could help you in case some of them don’t measure up.
Answer:
Diversifying your account by investing in both stocks and bonds provides protection because you can offset some, or all, of your losses in one investment with the gains in the other investment.
10. Tammy is a general contractor and has submitted two bids for two projects (A and B). The probability of getting project A is 0.65. The probability of getting project B is 0.77. The probability of getting at least one of the projects is 0.90.
Answers
The probability that the contractor will get both projects is 0.52
Project A probability = 0.65
Project B probability = 0.77
Least one of the projects probability = 0.90
Hence:
P(A)=0.65
P(B)=0.77
P(A∪B)=0.90
Using this formula
P(a and b)=P(a)+P(b)-P(a ∪ b)
Let plug in the formula
P(a and b)=0.65+0.77-0.90
P(a and b)=0.52
Inconclusion the probability that the contractor will get both projects is 0.52.
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According to rankings by many people over the years what is the number one expectation that people have a job they will enjoy
Answers
Answer:doing work that makes the best use of one's abilities and creates a feeling of accomplishment
Explanation:
I'm in 9th and just took that
Imagine that you are an economic policymaker for a small developing nation. Use what you have learned about public policy, entrepreneurship, and microenterprise to craft a proposal for legislation that will support and sustain youth entrepreneurship. In particular, consider policies and programs that will encourage young people to start small businesses that are both economically and socially beneficial.
Answers
A young mind is very inventive in its thinking. The youngsters is intelligent its well in technology. Everyone is concerned with developing their careers, making good money, and living happy lives.
What is a policymaker's function?A political leader is a person who develops concepts and strategies, particularly those used by an organization or a government. The President, a school administration, a bank's board members, and a mayor are all examples of policy makers. These plans that a firm or government adheres to are thought to as policy.
What is definition of policymaker ?Someone who makes decisions about new policies, particularly in a political or political party: US policymakers are compelled to make challenging decisions.
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Whom does the government and public administration career clutter serve?
A. Private citizens
B. Army and navy
C. Government employees and the military
D. National security and the foreign service
Answers
Answer:
it is A. Private citizens
Explanation:
edge 2020 :)
True or false: Studying business does NOT offerlany benefits for those who decide to work for a government agency or a nonprofit organization
Answers
The following question is : false
The given statement stating that "the study of business would not help in knowing about the advantages of Non-profit organizations or government agencies" would be considered:
b). False
'Non-profit Organizations' are characterized as the 'type of business organizations or set up that does not work with the aim of profit but for social welfare. Similarly, the sole motive of a government agency is also 'social welfare.' However, the workings of both the kinds of organizations(business and NPOs) are similar like the recruitment of staff or volunteers, ensuring productivity, putting the revenue back to the firm for progression of its operations, etc. Both of them have a goal of leaving the maximum impact on the people. Thus, the given statement is false as studying about business would give a very clear idea about the various processes of an organization.Learn more about 'Non-Profit Organization' here:
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Simply Imagine wants to grow their company but is hindered by increasing labor costs and import quotas.
Simply Imagine should consider becoming a(n)
(A) countertrader (B) wholly owned subsidiary (C) strategically(D) mulimatiomnal (E) franchiser
Answers
Answer:
multinational
Explanation:
A multinational business operates in at least one other country apart from its home country. The company will have factories/ offices in different countries and its headquarters in the domicile state. The operations of a multinational are coordinated at its headquarters.
By becoming a multinational, simple imagine can expand in countries with relatively cheap labor. It will overcome the import quota challenge by operating from a country without restrictions or from the source state.
Read the following scenario, and then answer the question below.
A new pet supply company plans to primarily sell products in stores. They need a system that will track their large
inventory and keep customer sales records.
Which evaluation factor will be most important when choosing technology for the company?
1)speed
2)size
3)storage
4)connectivity
Answers
The correct answer is 3) storage
Explanation:
In technology, storage refers to the amount of information a system, program, or similar can record and save. This factor is especially important when businesses or companies need to keep a lot of information from sales, inventory, and similar. This occurs in the case of the pet supply company because it is explained they need a technological system to "track their large inventory and keep customer sales records", therefore their priority will be to record and save their information or the storage in the system.
Answer:
c
Explanation:
c
Question 9 of 20
All of the following are benefits to earning a college degree except.
A. job protection.
B. earning more money.
C. better consumer decision making.
D. paying fewer taxes.
Answers
Answer:
D
Explanation:
Because you still have to pay the same amount of taxes.
What does bodily injury liability coverage do? (1 point)
It covers damage to the named car if the accident is a hit-and-run or
the other driver does not have insurance or enough insurance.
It covers medical costs to the driver and passengers of the named
vehicle.
It covers damage to other people's property caused by the named
O driver, such as the other person's car or some other object like a
fence or a mailbox.
It covers injury or death to others caused by the named driver or
named car.
Answers
It covers injury or death to others caused by the named driver or named car bodily injury liability coverage do. Thus, option (e) is correct.
When you are at fault in an accident, bodily injury liability insurance pays for the medical expenses and lost wages of other people. It covers damage or fatalities brought on by the specified driver or named vehicle to third parties.
The costs of treating you and your passengers' injuries as well as repairing any damage to automobiles or other property are not covered by bodily injury liability insurance.
As a result, the significance of the bodily injury liability coverage do are the aforementioned. Therefore, option (e) is correct.
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Francisco and older gentleman who is typically very conservative in his approach to Money Management thinks he wants to invest some of his money in stocks because he heard doing so can generate good returns. What should francisco know before he begins?
A. stock Investments promise a guaranteed return
B.stock investment rarely generate a better return than a savings account
C. stocks are riskier than many other types of Investments
D.people are not able to choose which stocks to invest in
Answers
Before you start investing some of your money in stocks, Francisco should know that stocks are riskier than many other types of investments.
Why are stocks riskier than other investments?This is due to the non-obligation to pay dividends that a company must make to the investor, not giving him the security therefore that the shares will bring him extra income.
Therefore, diversification of the investment portfolio is indicated to maintain the balance between risk, liquidity and profitability between each stock, spreading its risk between different types of applications that have different behaviors.
So the correct answer is:
C. stocks are riskier than many other types of Investments
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how did craft unions and industrial unions differ?
Answers
Answer:
How did craft unions & industrial unions differ? A craft union is made up of skilled workers who work in a specific trade. ... In industrial union there are all different workers regardless of their trade or skill. This could be found in a steel factory.
which of the following is true of ethics and its application to the business environment? conflicts rarely occur between an individual's ethics and a business organization's ethics. employers prefer to hire individuals whose ethics conflict with that of the business organization. personal values have no place in business, where decisions should be made according to organizational values and norms. the ethical norms and values of a business can have a powerful influence on its employees.
Answers
The ethical norms and values of a business can have a powerful influence on its employees is true of ethics and its application to the business environment.
Business is the practice of making one's living or earning profits by way of producing or buying and promoting merchandise. it's also "any activity or agency entered into for income."
A commercial enterprise is described as an business enterprise or enterprising entity engaged in business, industrial, or professional activities. companies may be for-earnings entities or non-earnings organizations. Commercial enterprise kinds variety from restricted legal responsibility organizations to sole proprietorships, companies, and partnerships.
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Empathy involves _____.
feeling pity
active listening
feeling sorry
written communication
Answers
Answer:
active listening
Explanation:
Empathy involves making every effort to understand others FROM THEIR POINT OF VIEW. It means communicating an understanding of how THAT PERSON feels in a situation, NOT how YOU would feel in that situation.
Empathy is defined as “the feeling that you understand and share another person's experiences and emotions” or “the ability to share someone else's feelings”. Feeling sorry for a person automatically generates feelings of pity, which is not helpful in situations where people are in pain.
I hope this helps! :)
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The process of recording audio or video files and distributing them online via RSS subscriptions is referred to as _____________________.
A. instant messaging
B. podcasting
C. blogging
D. messaging
E. microblogging
Answers
The process of recording audio or video files and distributing them online via RSS subscriptions is referred to as podcasting. Option B is correct.
Podcasting is a method of distributing digital audio or video files over the internet, allowing listeners to download or stream them at their convenience. Podcasts are typically delivered via RSS (Really Simple Syndication) feeds, which allow subscribers to automatically receive new episodes as they are released.
Podcasting has become a popular medium for a wide range of content, including news, entertainment, education, and marketing. It offers an accessible and convenient way for creators to reach audiences and engage with listeners, as well as a powerful tool for building brand awareness and loyalty.
Therefore, option B is correct.
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When the price of maple tables rises people want to switch from buying the maple tables to oak tables. So ant anyprice they want to buy more oak tables. It will shift the demand for oak tables to the right.When more buyers enter the market for oak tables, number of buyers goes up. So they will buy more oak tables atany prices. I will shift the demand curve for oak tables to the right?
Answers
Yes, you are correct. When the price of maple tables rises, people tend to switch their preference to oak tables, assuming oak tables are a substitute for maple tables. This leads to an increase in the demand for oak tables.
As more buyers enter the market for oak tables, the number of potential consumers increases. With a larger pool of buyers, there is a higher likelihood of more oak tables being purchased at any given price. This increase in the number of buyers further shifts the demand curve for oak tables to the right. Therefore, both the substitution effect (due to the rise in maple table prices) and the increase in the number of buyers contribute to an overall rightward shift in the demand curve for oak tables. This indicates that consumers are willing to buy more oak tables at various price levels.
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Your finance rate is determined by your credit history and credit rating.
True
False
Answers
Answer: True!
Explanation:
each listed stock option contract gives the holder the right to buy or sell shares of stock. each listed stock option contract gives the holder the right to buy or sell shares of stock. 10 100 1000 1
Answers
The correct statement is:
Each listed stock option contract gives the holder the right to buy or sell 100 shares of stock.
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match the type of retail store location with its correct description. central business district central business district drop zone empty. regional shopping center regional shopping center drop zone empty. community shopping center community shopping center drop zone empty. strip mall strip mall drop zone empty. power center power center drop zone empty. clusters of stores located in neighborhoods to serve people who are within a 5- to 10-minute drive serve customers who are within a 10- to-20-minute drive; contain one primary store and 20 to 40 smaller outlets huge shopping strip with multiple anchor stores and a supermarket the oldest type of retail setting; a community's downtown area large shopping areas of 50 to 150 stores that contain two or three anchor stores
Answers
A power center consists of a huge shopping strip with multiple anchor stores and a supermarket.
The terms "power center" and "big-box center" refer to shopping centers with an average gross leasable area of 250,000 to 600,000 square feet (23,000 to 56,000 m2), three or more big box anchor tenants, and a variety of smaller retailers. The anchor tenants typically occupy 75–90% of the center’s space.
As the first power center in history, 280 Metro Centre in Colman, California is credited.
Merritt Sher, a local real estate developer, opened the 280 Metro Centre in 1986 as an outdoor strip mall with big-box retailers and category killers as its main tenants.
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In june, a client buys 100 shares of xyz corporation at $27 per share and writes an xyz october 30 call at a $3 premium. the trade is executed in a cash account. what is the breakeven point for the writer
Answers
The breakeven point for the writer on the share trading is equal to $24.
The third option is the correct answer.
What is a breakeven point?A breakeven point is a situation where the company earns no profit and no loss amount in the Cost-Volume-Profit (CVP) analysis.
Given values:
Share price: $27
Premium per share: $3
Computation of breakeven point:
\(\rm\ Breakeven \rm\ point = \rm\ Share \rm\ price - \rm\ Premium \rm\ per \rm\ share\\\rm\ Breakeven \rm\ point = \$27 - \$3\\\rm\ Breakeven \rm\ point = \$24\)
Question's missing part:
The options are as follows:
1) $33
2) $30
3) $24
4) $33
Therefore, the point where the shares are breakeven is $24.
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