krystalhurst97
01.09.2020 •
Business
What is the value today of a money machine that will pay $4,010.00 per year for 13.00 years?
Solved
Show answers
More tips
- C Computers and Internet Clearing Cache: How to Speed Up Your Browser...
- S Style and Beauty How are artificial nails removed?...
- S Style and Beauty Secrets of Tying a Pareo: 5 Ways...
- F Food and Cooking Everything You Need to Know About Pasta...
- C Computers and Internet How to Choose a Monitor?...
- H Horoscopes, Magic, Divination Where Did Tarot Cards Come From?...
- S Style and Beauty How to Make Your Lips Fuller? Ideas and Tips for Beautiful Lips...
- C Computers and Internet How to Learn to Type Fast?...
Answers on questions: Business
- B Business Ganado Corporation entered into a 3-year cross currency interest rate swap to receive U.S. dollars and pay Swiss francs. Ganado, however, decided to unwind the...
- B Business Describe the effect of each transaction on assets, Liabilities, and owner s equity. For example, the first answer is: Increase in Assets and increase in Owner s equity....
- B Business Suppose gasoline stations operate with identical costs in a perfectly competitive industry. In each of the following cases, explain what happens to an individual...
- B Business The unequal distribution of wealth, income, power, and poverty is called...
- E English Identify whether to use affect or effect in this sentence. The sweeping violins in the orchestra had the of moving everyone in the audience to tears....
- M Mathematics Find the equation for the line that passes through the point (2,2), and that is parallel to the line with the equation y=3/4x-4...
- C Chemistry How do you convert 212.26 grams of potassium phosphate to moles?...
- E English Both Anne Frank and Vincent van Gogh are considered heroes by many, but they did not physically save anyone s life. Do you consider them heroes? In the context of...
- E English Anne Frank: Which member of the attic decides to open an amateur dental practice to fix the other residents’ teeth?...
- M Mathematics One acute angle of a right triangle measures 28°. To the nearest tenth, what is the length of the side opposite that angle if the hypotenuse measures 16 meters? A....
Ответ:
The present value of the machine is $35499
Explanation:
The annual amount or annuity amount = $4010 per year.
Total number of years = 13 years
Here, the interest rate is not given so we just assume the interest rate = 6% per annum.
Since we have a total number of years and annual payment that occurs for 13 years. We are required to find the present value of the machine. So use the formula to find the present value of the annuity.
The present value of machine = (Annuity amount x (1 – (1+r)^-n) ) / r
The present value of machine = (4010(1 – (1+6%)^-13) ) / 6%
The present value of machine = $35499
Ответ:
Um this is not what is used for and Politics should not be used that is a very bad topicexpexialy now in 2020 plese use for the right reasons THANK YOU!
Explanation: