An insurance company is offering a new policy to its customers. typically, the policy is bought by a parent or grandparent for a child at the child’s birth. the details of the policy are as follows: the purchaser (say, the parent) makes the following six payments to the insurance company: first birthday: $ 810 second birthday: $ 810 third birthday: $ 910 fourth birthday: $ 850 fifth birthday: $ 1,010 sixth birthday: $ 950 after the child’s sixth birthday, no more payments are made. when the child reaches age 65, he or she receives $310,000. the relevant interest rate is 10 percent for the first six years and 7 percent for all subsequent years. find the future value of the payments at the child's 65th birthday. (do not round intermediate calculations and round your answer to 2 decimal places, e. g., 32.16.) future value $
Answers: 3
Business, 21.06.2019 13:30, lovelysoul4698
The outstanding bonds of the purple fiddle are priced at $898 and mature in nine years. these bonds have a 6 percent coupon and pay interest annually. the firm's tax rate is 35 percent. what is the firm's after tax cost of debt?
Answers: 3
Business, 22.06.2019 17:30, chrisd2432
Alinguist had a gross income of 53,350 last year. if 17.9% of his income got witheld for federal income tax, how much of the linguist's pay got witheld for federal income tax last year?
Answers: 2
Business, 22.06.2019 21:20, isabelvaldez123
Which of the following best describes vertical integration? a. produce goods or services previously purchasedb. develop the ability to produce products that complement the original productc. develop the ability to produce the specified good more efficiently than befored. build long term partnerships with a few supplierse. sell products to a supplier or a distributor
Answers: 2
Business, 22.06.2019 23:30, cici170
Miller company’s most recent contribution format income statement is shown below: total per unit sales (20,000 units) $300,000 $15.00 variable expenses 180,000 9.00 contribution margin 120,000 $6.00 fixed expenses 70,000 net operating income $ 50,000 required: prepare a new contribution format income statement under each of the following conditions (consider each case independently): (do not round intermediate calculations. round your "per unit" answers to 2 decimal places.) 1. the number of units sold increases by 15%.
Answers: 1
An insurance company is offering a new policy to its customers. typically, the policy is bought by a...
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