John won the lottery and has the option to receive a lump sum of $5,000,000 now or receive a $500,000 annuity every year for the next 25 years. Assuming john can earn a 10% return on his money, what would you advise him to do?.
Answers
John should advise him to receive the lump sum of $5,000,000. If John decides to receive the $500,000 annuity every year for the next 25 years, the present value of the annuity would be calculated as below:
Present Value = (Annuity Amount / Discount Rate) x [1 - (1 / (1 + Discount Rate) Number of Payments)]
Present Value = ($500,000 / 10%) x [1 - (1 / (1 + 10%)25)]
Present Value = $5,676,615.84
Therefore, John will receive $5,676,615.84 if he chooses to receive the $500,000 annuity every year for the next 25 years.In case John decides to receive the lump sum payment of $5,000,000 now, he will earn 10% annually. Thus, in the next 25 years, John's $5,000,000 will grow to:
$5,000,000 (1 + 10%)25= $53,061,802.98
Therefore, it will be wise for John to receive the lump sum payment of $5,000,000 now because the amount will grow to $53,061,802.98 after 25 years at a rate of 10%.
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Related Questions
The degree to which people feel that they have control of their surroundings varies. When looking at personality traits of managers, many have a(n) ______, which makes them feel that they themselves are responsible for important outcomes within the organization.
Answers
The degree to which people feel that they have control of their surroundings varies. When looking at personality traits of managers, many have a(n) internal locus of control, which makes them feel that they themselves are responsible for important outcomes within the organization.
This refers to the belief that one's own actions and decisions are the primary determinants of their outcomes in life. Managers with an internal locus of control tend to take personal responsibility for the success or failure of their organization, feeling that they have a great deal of control over the outcomes. They are likely to be proactive, taking initiative to make changes and solve problems, and they tend to be more confident in their decision-making abilities.
However, it's important to note that not all successful managers have an internal locus of control; some may have an external locus of control, meaning they believe that external factors like luck or fate have a greater influence on their outcomes. Ultimately, a manager's personality traits, including their locus of control, will influence their leadership style and approach to managing their team.
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An exception to the parol evidence rule allows evidence of oral agreement that merely explains the meaning of written terms without changing the terms. evidence of oral agreements made on contracts that qualify for mandatory arbitration. evidence of oral agreements made on contracts that qualify for court-annexed mediation. evidence of oral agreements made at the time of or prior to a written contract that changes the meaning of written terms. evidence of oral agreements that are designed to favor the party that drafts a contract.
Answers
Answer:
evidence of oral agreement that merely explains the meaning of written terms without changing the terms.
Explanation:
The parol evidence rule describes that that case related to the parties are introduced into the court that means the evidence in order to change it, explain it at issue time.
So as per the given situation, since the question ask the exception to this rule so the first option is correct as in this it is mentioned that the terms would remain unchanged
Therefore the first option should be considered
An exception to the parol evidence rule allows the evidence of oral agreement that merely explains the meaning of written terms without changing the terms. This is the correct option. The parol evidence rule is a legal principle that governs the use of oral and written evidence in contract disputes.
According to this rule, parties that enter into a written agreement are precluded from using extrinsic evidence, which is evidence outside of the written agreement, to contradict, alter, or add terms to the agreement. The reason for the parol evidence rule is to ensure that the intentions of the parties to a contract are accurately reflected in the written agreement
. There are some exceptions to the parol evidence rule that permit the use of extrinsic evidence in contract disputes. One of these exceptions allows the use of evidence of an oral agreement that merely explains the meaning of written terms without changing the terms. This exception is known as the "explanation exception. "The explanation exception allows the parties to a contract to introduce extrinsic evidence that is used to explain the meaning of terms that are included in a written agreement.
This evidence is not considered to be in violation of the parol evidence rule since it is not intended to contradict, alter, or add terms to the written agreement. The evidence is merely used to help the court interpret the meaning of the terms that are included in the written agreement.
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beginning work-in-process is 6,400 units; 63,300 units completed, and ending work-in-process is 7,450 units, which are 100% complete for direct materials and 50% complete for conversion costs. the beginning wip inventory is 100% complete for direct materials and 50% complete for conversion.
Answers
The equivalent units of production for direct materials are 69,150, and for conversion costs are 65,925.The total equivalent units of production for direct materials are 69,150 (6,400 + 63,300), and for conversion costs, it is 65,925 (6,400 + 63,300 + 3,725).
Equivalent units of production are a measure used in process costing to account for partially completed units. In this scenario, we have three components to consider: beginning work-in-process (WIP), completed units, and ending WIP.
For direct materials, both the beginning WIP (6,400) and completed units (63,300) are fully processed, so they are counted as equivalent units.
For conversion costs, the beginning WIP (6,400) is 50% complete, so 50% of those units (3,200) are counted as equivalent units. The completed units (63,300) are fully processed. The ending WIP (7,450) is 50% complete, resulting in 3,725 equivalent units.
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Does the Federal Reserve pay taxes?
Answers
Answer:
Federal Reserve banks are exempt from paying taxes at the federal, state and local levels, except on real estate holdings. This is because of rules on taxation set forth in Section 7(c) of the Federal Reserve Act.
Explanation:
The balance on a credit card, that charges a 20%
APR interest rate, over a 1 month period is given in
the following table:
Days 1-5: $200 (initial balance)
Days 6-20: $350 ($150 purchase)
Days 21-30: $150 ($200 payment)
What is the finance charge, on the average daily
balance, for this card over this 1 month period?
finance charge = $ [?]
Round to the nearest hundredth.
Enter
Answers
The balance on a credit card, that charges a 20% APR interest rate, the Finance charge is given as
$4.3055
This is further explained below.
What is the APR interest rate?Generally, The interest rate that is applied to a loan, mortgage loan, credit card, etc. is referred to as an annual percentage rate of charge, which sometimes corresponds to a nominal APR and sometimes corresponds to an effective APR.
The annual percentage rate of charge is the interest rate for the entire year, as opposed to just a monthly fee or rate. It is a fee for financing that is presented in the form of an annual rate.
Interest rate APR = 12%
Average balance = ((200*5)+(350*15)+(150*10))/30
Average balance = $258.33
Average balance*APR/12
Finance charge =\(\frac{258.33*20 \%}{12 }\)
Finance charge = $4.3055
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1. the fremont, california, plant of new united motor manufacturing, inc. (nummi), a joint venture of general motors and toyota, assembles two types of cars (corollas and geo prisms). separate assembly lines are used for each type of car.
classify each cost item (a–h) as follows: required
a. direct or indirect (d or i) costs with respect to the total number of cars of each type assembled (corolla
or geo prism).
b. variable or fixed (v or f) costs with respect to how the total costs of the plant change as the total
number of cars of each type assembled changes. (if in doubt, select on the basis of whether the total costs will change substantially if there is a large change in the total number of cars of each type assembled.)
you will have two answers (d or i; v or f) for each of the following items:
cost items:
a. cost of tires used on geo prisms
b. salary of public relations manager for nummi plant
c. annual awards dinner for corolla suppliers
d. salary of engineer who monitors design changes on geo prism
e. freight costs of corolla engines shipped from toyota city, japan, to fremont, california
f. electricity costs for nummi plant (single bill covers entire plant)
g. wages paid to temporary assembly-line workers hired in periods of high production (paid
on hourly basis)
h. annual fire-insurance policy cost for nummi plant
Answers
The Fremont plant of New United Motor Manufacturing, Inc. (NUMMI), which is a joint venture of General Motors and Toyota, assembles two types of cars - Corollas and Geo Prisms.
The costs associated with the plant can be classified into direct (D) or indirect (I) costs and variable (V) or fixed (F) costs with respect to the number of cars of each type assembled. The cost of tires used on Geo Prisms, freight costs of Corolla engines shipped from Toyota City, Japan to Fremont, California, and wages paid to temporary assembly-line workers hired in periods of high production are all direct and variable costs.
The salary of the public relations manager for the NUMMI plant, annual awards dinner for Corolla suppliers, salary of engineer who monitors design changes on Geo Prism, and annual fire-insurance policy cost for NUMMI plant are indirect and fixed costs. Electricity costs for NUMMI plant can be classified as indirect and either variable or fixed depending on the nature of the electricity usage.
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what can we best determine from the $179.4 million auction price for a cubist painting by pablo picasso?
Answers
The most accurate reflection of the cubist painting's market value at the time it was purchased is its $179.4 million auction price.
What is an auction?In most cases, purchasing and selling items at an auction involves putting them up for bids, receiving bids, and either selling the item to the highest bidder or purchasing it from the lowest bidder.
Existing exceptions to this rule are discussed in the section devoted to other types.
Auction theory is the area of economic theory that examines different forms of auctions and the actions of bidders.
The open ascending price auction, which has been utilized throughout history, is possibly the most popular type of auction.
The $179.4 million auction price for a Pablo Picasso cubist painting is the best indicator of the painting's economic value at the time it was purchased.
Therefore, the most accurate reflection of the cubist painting's market value at the time it was purchased is its $179.4 million auction price.
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“Creditors do not actually have to worry about their dues in case the business fails.” In which form of business is this possible? Which special feature is highlighted in this statement ?
Answers
Answer:
sole proprietorship
Explanation:
In simple words, Unique property could be described as a business framework controlled and run by a single individual, therefore there is no separate legal entity and his corporation. It is a form of basic business framework, which is usually used for individuals who start up some sort of corporation.
This is therefore the greatest suitable form of business for the statement of the problem, because in this framework there is really only one proprietor in the corporation who ensures his ultimate responsibility with all earnings, debt obligations and failures underlying in the commercial enterprise.
w How does a training change a traditional profession into a modem profession? Discuss in the class.
Answers
Answer:
when one gains training he/she likes to do some works which gains much profit .he /she leaves the works which they worked for first time.
As a factor of production, what is capital?
A. an industrial good
B. the natural resources used to create a product
C. the entrepreneur who sees how to make something useful
D. the tangible products made by labor
Answers
Answer:
Option "D" is the correct answer.
Explanation:
Labor produces tangible goods, which are referred to as capital. There are production-related man-made items such as machinery, vehicles, and chemicals. That is what sets them apart from commercial products.
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Which of the following approaches measures team performance by the team's ability to meet specific, predefined goals
O the results approach
the behaviors/process approach
the goals approach
the outcome approach
Answers
Answer:
the results approach.
Explanation:
This is because this approach emphasises on the results and outcomes produced by the team.
The approaches that measures team performance by the team's ability to meet specific, predefined goals is: results approach.
What is result approach?Result approach is a performance evaluation approach and can be defined as the type of approach that is used to determine a person perfomance based on the outcome of their tasks.
Most companies tend to make use of result approach to know how well an employee perform on the tasks they are assigned especially when the employee meet or achieved the set goals.
Therefore the approaches that measures team performance by the team's ability to meet specific, predefined goals is: results approach.
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When did free trade start with China?
Answers
The United States and China inked a bilateral trade deal and restored diplomatic ties in 1979. As a result, trade between the two countries grew quickly, from $4 billion in that year to nearly $600 billion in 2017.
In a free trade economy, import and export restrictions do not exist. It can also be viewed as the application of the free market theory to international trade. Economic nationalist and left-wing parties, which frequently favor protectionism, the antithesis of free trade, are less likely to support free trade than political parties with economic liberal attitudes. Through the World Trade Organization, the majority of nations today take part in multilateral trade agreements. The best illustration of free trade was provided by Great Britain, which unilaterally reduced import and export regulations and tariffs from the middle of the 19th century until the 1920s. Establishing free trade zones through accords, such as the European Economic Area and the North American Free Trade Agreement, is a different approach.
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Which company that sells inexpensive beer in the united states also sells an upscale beer in china for $44 a bottle?.
Answers
Pabst Blue Ribbon, also known as PBR, is a cheap, unassuming beer that is favored by hipsters in the United States. It goes by the name "Blue Ribbon 1844," costs around $44 a bottle, and is referred to as a "world-famous spirit" in China.
Does Pabst Blue Ribbon cost a lot?Do not refer to me as a hipster. Yes, PBR's tall boy cans with artistic inspiration have taken over Brooklyn and pseudo dive pubs around the nation, but when compared to the rest of this lot, it's a good and dandy beer for $2 a can. It is watery, little gritty, dirt cheap, and simple to find.With bottles of its 1844 labeled beer costing $44 each, China Pabst has attempted to promote itself as a luxury brand in contrast to the American version of Pabst Blue Ribbon (by 2018 standards).Blue Ribbon China Pabst.Pabst Blue Ribbon, also known as PBR, is a cheap, unassuming beer that is favored by hipsters in the United States. It goes by the name "Blue Ribbon 1844," costs around $44 a bottle, and is referred to as a "world-famous spirit" in China.To learn more about unassuming beer refer to:
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How can a person become a dentist
Answers
Explanation:
It generally takes eight years to become a dentist: four years to earn a bachelor's degree as an undergraduate and four years to earn a DDS or DMD in dental school. If you're interested in specializing, you'll also need to complete a dental residency (more on that below).
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Gross domestic product measures Group of answer choices the value of all output in the economy. the total income of everyone in the economy. the total spending of everyone in the economy. all of the above
Answers
Answer:
the value of all output in the economy.
Explanation:
Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year
GDP calculated using the expenditure approach = Consumption spending by households + Investment spending by businesses + Government spending + Net export
Net export = exports imports
When exports exceed import there is a trade deficit and when import exceeds import, there is a trade surplus.
Items not included in the calculation off GDP includes:
services not rendered to oneself
Activities not reported to the government
illegal activities
sale or purchase of used products
sale or purchase of intermediate products
Nominal GDP is GDP calculated using current year prices while Real GDP is GDP calculated using base year prices. Real GDP has been adjusted for inflation.
describe the likely effect on the yield to maturity of a bond resulting from an increase in the issuing firms's times-interest-earned ratio?
Answers
The Yield to maturity is the bond for the issuer is affected when there is an increase in the firm's debt-to-equity ratio.
The firm's times interest earned ratio is defined as the ratio of earnings before interest & taxes to the payments of interest made by the business.
Yield to maturity (YTM): it is the total return anticipated on a bond if the bond is held until it matures. It is considered a long-term bond yield but is expressed as an annual rate. We can also say that it is the internal rate of return (IRR) of an investment in a bond if the investors hold the bond until maturity, with all the payments made as scheduled and reinvested at the same rate.
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Peggy started work after graduation and started investing.
Why do you think Peggy would have decided to invest?
A. to keep her finances liquid for emergencies
B. to earn compound interest
C. to minimize the risk of losing money
D. to build on her retirement fund
E. to take out a student loan for further education
Answers
Answer:
c
Explanation:
Highschool students still don’t know what to do after graduation and may lead to debt after
Which best describes the similarity and differences between the Construction pathway and the Maintenance/Operations pathway?
Answers
Answer:
into how many geographical region Nepal has divided? describe them in a few line
Answer:
the answer is C
Explanation:
hope this helps
Assume that a certain business has $1,000 worth inventory, $1,000 cash in bank, and $10,000 receivable from customers in three months. Further, the business needs to pay a short-term loan worth $5,000 in less than six months. What might be the working capital requirement of this business?
A.
$5,000
B.
$6,000
C.
$7,000
D.
$8,000
E.
$12,000
Answers
Answer:
A. $5,000
Explanation:
Plato
The working capital requirement of this business is $5,000. Thus, option A is correct.
What is working capital?A financial term known as working capital (WC) measures the operating liquidity that is accessible to a company, organization, or other organization, including governmental agencies.
Working capital is seen as a component of operational capital, along with fixed assets like plant and equipment. Current assets are equal to gross working capital. Current assets less Current Liabilities equals Working Capital. An entity has a working capital deficiency, also known as a working capital deficit and negative working capital, if current assets are fewer than current liabilities. Despite having assets and profits, a business may lack liquidity if its assets cannot be quickly transformed into cash.
Therefore, we can conclude that option A is correct.
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After income tax is paid by a
corporation, what percentage of
the remaining profit is paid as the
dividend tax?
A. 30%
C. 15%
B. 5%
D. 10%
Answers
Answer:
option C
Explanation:
the general rate of dividend is 15%
alyssa rents 5 movies per month when the price is $3.00 per rental and 7 movies per month when the price is $2.50 per rental. alyssa's demand demonstrates the law of
Answers
Alyssa's demand for rentals demonstrates the law of demand, which states that as the price of a good or service decreases, demand for that good or service increases.
Alyssa rents 5 movies per month when the price is $3.00 per rental and 7 movies per month when the price is $2.50 per rental. Alyssa's demand demonstrates the law of demand. The law of demand states that when the price of a good increases, the demand for it decreases, and vice versa.
It is an inverse relationship between price and quantity demanded. Therefore, as the price of the movie rental decreases from $3.00 to $2.50, Alyssa's demand for the movie rental increases from 5 to 7 per month. This shows that Alyssa's demand for movie rentals satisfies the law of demand.
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NEED HELP ASAP PLEASE
please define these words for me
-Right to Redress
-Secure Credit
-Unsecure Credit
-Collateral
-Principal
-Mortgage
-Insurance
HURRY PLEASE
Answers
-beetle juice
Coca-Cola Revenues ($ millions), 2014 to 2019
Quarter 2014 2015 2016 2017 2018 2019
Quarter1 10.58 9.94 10.28 9.12 7.63 8.02
Quarter2 12.57 11.63 11.54 9.70 9.42 10.00
Quarter3 11.98 11.77 10.63 9.08 8.78 9.51
Quarter4 10.87 10.13 9.41 7.51 5.36 9.07
What is the trend model for the deseasonalized time series? (Round your answers to 2 decimal places.)
State the model found when performing a regression using seasonal binaries. (A negative value should be indicated by a minus sign. Round your answers to 4 decimal places.)
Use the regression equation to make a prediction for each quarter in 2020. (Enter your answers in millions rounded to 3 decimal places.)
Answers
Trend model for the deseasonalized time series:
Seasonal adjustment
Quarter 1: The average of Q1 data from 2014 to 2019 = $8.96 million
Quarter 2: The average of Q2 data from 2014 to 2019 = $10.62 million
Quarter 3: The average of Q3 data from 2014 to 2019 = $10.15 million
Quarter 4: The average of Q4 data from 2014 to 2019 = $9.02 million
Therefore, the deseasonalized values for each quarter are obtained by dividing each value of the original series by the seasonal adjustment for the corresponding quarter.
Predictions for each quarter in 2020:To predict for each quarter in 2020, we need to replace the corresponding quarter in the regression equation with the corresponding value for the quarter in 2020.
Thus, we can use the regression equation below to make a prediction for each quarter in 2020:
Coca-Cola revenue = 0.16 + 0.02*Quarter1 - 0.22*Quarter2 - 0.1*Quarter3 + 0.08*Quarter4
Quarter 1 (Q1) 2020:
Coca-Cola revenue = 0.16 + 0.02*8.02 - 0.22*10 - 0.1*10.15 + 0.08*9.07 = $7.86 million
Quarter 2 (Q2) 2020:
Coca-Cola revenue = 0.16 + 0.02*10 - 0.22*10.00 - 0.1*10.15 + 0.08*9.07 = $9.37 million
Quarter 3 (Q3) 2020:
Coca-Cola revenue = 0.16 + 0.02*9.51 - 0.22*10.00 - 0.1*10.15 + 0.08*9.07 = $8.18 million
Quarter 4 (Q4) 2020:
Coca-Cola revenue = 0.16 + 0.02*9.07 - 0.22*10.00 - 0.1*10.15 + 0.08*9.07 = $7.84 million
Therefore, the predictions for each quarter in 2020 are
$7.86 million for Q1,
$9.37 million for Q2,
$8.18 million for Q3,
and $7.84 million for Q4.
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Will give brainliest to anyone who can explain how to solve this
Answers
Find the amount of markup by subtracting the store cost from sale price:
25-5 = 20
Divide markup amount by cost:
20/5 = 4
Multiply by 100 to get percentage
4 x 100 = 400 %
The answer is B. 400%
Answer:
Explanation:
After-Before/Before = 25-5=20 / 5=4 = 400%B
Which best describes a mixture?
ООО
It has a single composition, and it has a set of characteristics that does not change.
It can have different compositions, but it has a set of characteristics that does not change.
It has a single composition, but it has a set of characteristics that does change.
It can have different compositions, and it has a set of characteristics that does change.
Answers
Answer: it can have different compositions, and it has a set of characteristics that does change.
Explanation:
A mixture is form when other substances are being mixed together. In such scenario, it has different composition and it characteristics are been altered.
Therefore, the option that best describes a mixture is option D "It can have different compositions, and it has a set of characteristics that does change"
Answer:
D.
Explanation:
If banks increase excess reserves to increase their ability to absorb a higher rate of defaults: Group of answer choices the actual multiplier will rise. the actual multiplier will fall the potential multiplier will rise. the potential multiplier will fall.
Answers
The upward push of reserves through banks to take better charge of defaults is the reason the real multiplier will fall.
What is a multiplier?A multiplier is a monetary factor that, when increased or changed, causes an increase or change in a variety of other related monetary variables.
In terms of gross home product, the multiplier impact explains profits in overall output to be more than the difference in spending that brought about it.
The time period multiplier is generally utilized in connection with the relationship between authorities' spending and overall country-wide income.
Multipliers are also utilized in explaining fractional reserve banking, referred to as the deposit multiplier. A multiplier is absolutely something that amplifies or booms the bottom cost of something else.
A multiplier of 2x, for instance, could double the bottom discern. On the other hand, a multiplier of 0.5x could truly reduce the bottom discernible by half. Many specific multipliers exist in finance and economics.
So from the above clarification, it's clear that the real multiplier will fall, that the best option.
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How can failure as an entrepreneur be handled?.
Answers
Retaining the knowledge you gained from experiencing that failure. To create a more complex marketing strategy and business model, conduct market research.
How do business owners deal with issues?As a result, when faced with a difficult choice or a challenging circumstance, an entrepreneur defers to the expertise of others and enlists their assistance in order to resolve the issue as quickly as feasible.
They Respect Their Weaknesses. Failure serves as a learning opportunity for those with strong mental faculties. They attempt to be honest rather than deny or cover up their flaws. Their self-awareness and humility help them create plans for improvement.
Strategies for overcoming failures in life
Failure shouldn't make you feel threatened, and it's okay to feel bad.Create Healthy Habits to Maintain Your Health.Take Reasonable Responsibility for Your Failure. Avoid Developing Bad Habits.Learn about yourself.Keep looking forward and be inspired by failures that resulted in success.To learn more about marketing strategy and business model refer to
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Which profession do you prefer ro choose for your career?Engineer or Architect? Why?
Answers
Answer:
Architects
Explanation:
In my opinion,
Architects create new design concepts that push how modern day construction is executed.Architecture is one of the few professions that is never static.” Recently, architects have become more and more concerned with environmental and socially responsible building practices and materials.20 points!
Which sentence indicates that Brian has instituted a loyalty program?
(1) Brian runs a juice bar that sells fresh juice products. (2) He hopes customers will drink the juices to stay healthy. (3) He offers a free juice for every customer who buys nine juices. (4) He also advertises the health benefits of fresh juice. (5) He hopes such an advertisement will attract new customers.
Answers
Answer:
So, the correct option is (3) He offers a free juice for every customer who buys nine juices.
Explanation:
A customer loyalty program or rewards program is a marketing strategy that rewards loyal customers that frequently engage with a brand.
So, the correct option is (3) He offers a free juice for every customer who buys nine juices.
Answer:
Offers free juice.....
Explanation:
correct on test
Business Math!
Your budget says that savings should be 11% of income. If you earn $1,500.00 a month, how much should
you save in a year?
$1.880.20
$1,880.00
$1,780.00
$1,980.00
Answers
Answer:
$1,980.00
Explanation:
$1,500.00 * 0.11 = $165.00
$165.00 * 12 months = $1,980.00
You should save $1,980.00 in a year.