Business
Business, 12.12.2019 20:31, pearlielb

You are going to pay $800 into an account at the beginning of each of 20 years. the account will then be left to compound for an additional 20 years. at the end of the 41st year you will begin receiving a perpetuity from the account. if the account pays 14%, how much will you receive each year from the perpetuity (round to nearest $1,000)?

a) $150,000

b) $170,000

c) $160,000

answer
Answers: 1

Other questions on the subject: Business

image
Business, 21.06.2019 15:00, superbatman9193
The media specialist suggests a library reading program that will correlate highly with the teaching program and reward the students as they read. the rewards will be provided by the business community. a pencil carrier will be the reward for having read 25 books, a baseball cap the reward for having read 30 books, a tee shirt for 50 books, and a backpack for having read 100 books. the media specialist's suggestion is based on her knowledge that:
Answers: 1
image
Business, 22.06.2019 08:00, leannaadrian
Companies in the u. s. car rental market vary greatly in terms of the size of the fleet, the number of locations, and annual revenue. in 2011 hertz had 320,000 cars in service and annual revenue of approximately $4.2 billion. the following data show the number of cars in service (1000s) and the annual revenue ($ millions) for six smaller car rental companies (auto rental news website, august 7, 2012). excel file: data14-09.xls if required, enter negative values as negative numbers. a. select a scatter diagram with the number of cars in service as the independent variable. b. what does the scatter diagram developed in part (a) indicate about the relationship between the two variables? c. use the least squares method to develop the estimated regression equation (to 3 decimals). Ε· = + x d. for every additional car placed in service, estimate how much annual revenue will change. by $ e. fox rent a car has 11,000 cars in service. use the estimated regression equation developed in part (c) to predict annual revenue for fox rent a car. round your answer to nearest whole value. $ million hide feedback partially correct
Answers: 1
image
Business, 22.06.2019 18:00, ferny5133
Which of the following is a characteristic that can be used to guide the design of service systems? a. services cannot be inventoried. b. services are all similar. c. quality work means quality service. d. services businesses are inherently entrepreneurial. e. even service businesses have internal services.
Answers: 2
image
Business, 23.06.2019 02:30, PinkyUSA18
Complete electronics inc. sells a point-of-sale computer with a two-year service contract. complete collects $ 2 comma 500 cash for the selling price of the computer and $ 576 for the two-year service contract. how is revenue recognized?
Answers: 2
Do you know the correct answer?
You are going to pay $800 into an account at the beginning of each of 20 years. the account will the...

Questions in other subjects:

Konu
Mathematics, 22.02.2021 04:50
Konu
Advanced Placement (AP), 22.02.2021 04:50
Konu
Mathematics, 22.02.2021 04:50
Konu
Geography, 22.02.2021 04:50