What is the value today of a money machine that will pay $1,689.00 per year for 22.00 years? Assume the first payment is made 6.00 years from today and the interest rate is 6.00%.
Answers
The value today of the money machine is approximately $13,829.08.
To calculate the value today of the money machine, we need to discount each future cash flow to its present value and then sum them up. Given the following information:
Annual payment: $1,689.00
Number of years: 22.00
First payment made in: 6.00 years
Interest rate: 6.00%
We can use the formula for calculating the present value of an annuity to find the present value of the cash flows:
PV = C * [(1 - (1 + r)^(-n)) / r]
Where:
PV = Present value
C = Cash flow per period
r = Interest rate per period
n = Number of periods
In this case, the cash flow is $1,689.00, the interest rate is 6.00%, and the number of periods is 22.00 - 6.00 = 16.00 (since the first payment is made 6.00 years from today).
PV = $1,689.00 * [(1 - (1 + 0.06)^(-16.00)) / 0.06]
PV = $1,689.00 * [(1 - 0.508422) / 0.06]
PV = $1,689.00 * (0.491578 / 0.06)
PV = $1,689.00 * 8.192966
PV ≈ $13,829.08
Therefore, the value today of the money machine is approximately $13,829.08.
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Related Questions
You need to write a check for $167.50 from your checking account, which has a balance of $1,725.25. What percent of your balance will remain?
Answers
The percent of your balance will remain in the checking account is 90.26%
To find out what percent of your balance will remain, you'll need to first subtract the amount of the check ($167.50) from your account balance ($1,725.25) to get the new balance after writing the check.
$1,725.25 - $167.50 = $1,557.75
Now that you know your new balance, you can find out what percent of your original balance remains by dividing the new balance by the original balance and then multiplying by 100 to get the percentage.
($1,557.75 ÷ $1,725.25) x 100% = 90.26%
So, after writing the check for $167.50, 90.26% of your original balance will remain in your account. This means that $1,557.75 is 90.26% of $1,725.25.
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Scenario #1
You get a weekly allowance of $30 from your parents that is automatically transferred into your checking account. Tomorrow you are going to see a movie with your best friend which you often do. Your movie ticket and snacks cost $22, What is the best payment option for this scenario?
Questions:
Will you use cash, check, Prepaid card, Debit card, Credit card or P2P?
Why did you choose that payment option?
What are other possible payment decisions you can make?
Answers
I will use a debit card because my parents add my allowance to my checking account. Other possible payment decisions I can make are to use a check.
The correct option in the given scenario is to use the debit card because the interest rate in the checking accounts is low, and the another method to another method for payment is checks.
What is debit card?A debit card is a kind of credit card. Means that the money can be withdrawn or the cost of acquisitions pay off straight from the holder's bank account without any payment of interest.
It is used in the checking accounts for the withdrawing of money, without giving the payment of interest. It is the simple and more quick way to make payments in comparison to the another cards and instruments.
The payment can be made by the other possible payment decisions like checks.
Therefore, debit card is mostly used by the checking account holders.
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Politics is sort of like a game. And the best gamer is great at manipulating the rules.
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Politics is about making agreements between people so that they can live together in groups such as tribes, cities, or countries. In large groups, such as countries, some people may spend a lot of their time making such agreements.
which of the following statements about real gdp are true? hint: there are two correct answers. real gdp can rise or fall simply based on changes in price level
Answers
The correct statements about real GDP are, Real GDP measures the total value of goods and services produced within an economy. Real GDP is adjusted for inflation and reflects changes in both prices and quantities. Option B and C are correct.
Option A is incorrect because real GDP takes into account changes in the price level through the process of adjusting for inflation. It is not solely influenced by changes in the price level.
Option D is incorrect because real GDP considers both the quantity of goods and services produced and the impact of price changes, making it a more comprehensive measure of economic output.
Therefore, the correct statements are B) Real GDP measures the total value of goods and services produced within an economy, and C) Real GDP is adjusted for inflation and reflects changes in both prices and quantities. Option B and C are correct.
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--The complete question is, Which of the following statements about real GDP are true? Choose the correct options from the list below.
A) Real GDP can rise or fall simply based on changes in the price level.
B) Real GDP measures the total value of goods and services produced within an economy.
C) Real GDP is adjusted for inflation and reflects changes in both prices and quantities.
D) Real GDP only considers the quantity of goods and services produced, regardless of price changes.--
Real GDP can rise or fall based on changes in the price level. If the price level increases, real GDP will decrease; if the price level decreases, real GDP will increase. Changes in the price level affect real GDP, which measures the actual quantity of goods and services produced, adjusted for changes in prices.
Explanation:Real GDP can rise or fall based on changes in the price level. There are two correct statements about real GDP:
If the price level increases, real GDP will decrease, assuming that the actual quantity of goods and services produced remains the same. This is because an increase in prices reduces the purchasing power of consumers and businesses.If the price level decreases, real GDP will increase, assuming that the actual quantity of goods and services produced remains the same. This is because a decrease in prices increases the purchasing power of consumers and businesses.Therefore, changes in the price level can affect real GDP, but it is important to note that real GDP measures the actual quantity of goods and services produced, adjusted for changes in prices.
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bluedot training just finished paying annual dividends to its stockholders. it uses the remaining money to fund the purchase of the acquisition of a smaller competitor. this best describes an example of
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The annual dividends that Blue Dot Training pays to its stockholders have just been completed. The remaining funds are used to finance the acquisition of a smaller rival. This best depicts an illustration of value funding.
When you sell shares of your company to existing shareholders or a new investor, you are obtaining equity financing. This doesn't mean you should give up control of your business, as your financial backer can take a minority stake.
With an example, what is equity financing?Equity financing entails exchanging capital for a portion of a company's equity. Company ABC's owner, for instance, might need to raise money to expand the business. In exchange for capital, the owner decides to give up 10% of the company's ownership and sell it to an investor.
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Full Question = Blue Dot Training just finished paying annual dividends to its stockholders. It uses the remaining money to fund the purchase of the acquisition of a smaller competitor. This best describes an example of __.
financial leverage
debt financing
equity financing
earnings financing
equity credit
While Joe doesn't consider himself _____, he does think it is important to shed light on the unethical practices occurring within the industry.
Answers
Answer:
maybe heroic
Explanation:
While Joe doesn't consider himself HEROIC, he does think it is important to shed light on the unethical practices occurring within the industry.
While Joe doesn't consider himself heroic, he does think it is important to shed light on the unethical practices occurring within the industry.
What are unethical practices?Conduct that deviates from social norms or is perceived adversely by the public is referred to as "unethical behavior." Ethical behavior is the exact opposite of unethical behavior.
A wide range of acts that people may take in their personal or professional life that are seen adversely by their society or some elements of it are referred to as "unethical behaviors" by people.
The following are some general obstacles to problem-solving: failing to preserve high moral standards Morally objectionable actions include illegal and unethical business practices and immoral and unethical behavior.
Thus, While Joe doesn't consider himself heroic,
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Ownership structure can vary from one company to another, but the most basic form of corporation offers ______. Multiple choice question. treasury stock preferred stock common stock net income
Answers
Although the ownership structure can vary from one company to another, the most basic form of corporation offers is known as common stock
As a result of this, we can see that an ownership structure has to do with how a company chooses to operate and the most common form which is usually used is the common stock.
This is very common because the owner of the common stock has a lot of different benefits and it is easier to buy and sell.
Therefore, the correct answer is common stock
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This year, baldwin paid their workers $26. 81 per hour. How much will they be paying them 3 rounds from now
Answers
After paying $26. 81 per hour to their workers Baldwin will be paying $31.04 to them 3 rounds from now.
What is the Baldwin theory?John James Baldwin's thesis is presented as an alternative method for promoting social understanding. Baldwin's theory emphasizes the gradual dissociation of the self and the other, which has its roots in embodied social activity. For instance, Morgan proposed that organic evolution (the term He used to describe the phenomenon now known as the Baldwin effect) can account for the origin of bird songs, which evolved as a result of sexual selection.
It is shown from Baldwin's statement that they increase the salaries of workers by 5% every year.
In 3 rounds/years, therefore, the salary will be:
= \(26.81\) ×\((1+5)^{3}\)
=26.81*1.05³
=31.04
Therefore in 3 rounds from now, they will be paid $31.04.
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A(n) __ can administer self-assessment tools to help you understand your personality and preferences .
Answers
guidance counselor
Explanation:
Took the quiz
Some businesses avoid risks by doing which of the following
Only doing business online
Purchasing multiple insurance policies
Keeping records of all transactions and customers
Considering market research
Answers
Answer:
Considering market research
Explanation:
To a business, risk is the possibility of incurring substantial financial losses. A business is established to make profits. However, if things don't go as forecast, the possibility of making losses is high. Risk is the chance that the outcome of an investment is not as profitable as
expected.
Identifying, evaluating, and controlling threats to a company's capital and profits is how businesses manage risk. By conducting market research, a company gathers sufficient information to assist in the process of managing risk.
how did Suzy Batiz failures set her up for success?
Answers
Answer:
I'm not sure
Explanation:
Not enough explanation.
which investment offers the best protection against inflation risk?
a. common stocks
b. tangible assets
c. long-term corporate bonds
d. treasury bonds
Answers
Tangible assets are often considered to offer the best protection against inflation risk. Thus, option B is the correct option.
Inflation risk refers to the potential erosion of purchasing power over time due to rising prices. Tangible assets are physical assets that hold intrinsic value and can include real estate, commodities like gold or silver, and other tangible properties. These assets tend to have a historical track record of preserving value during inflationary periods. When prices rise, the value of tangible assets can also increase, serving as a hedge against inflation.
On the other hand, common stocks, long-term corporate bonds, and treasury bonds are not typically considered strong protections against inflation risk. While stocks may provide the potential for growth and higher returns over the long term, their value can be influenced by various factors beyond inflation. Bonds, including long-term corporate bonds and treasury bonds, are fixed-income investments that may not adjust well to inflationary pressures, as their returns are usually fixed.
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Bill thought he had received the best deal on his riding mower. Shortly after the purchase, Bill started to notice certain disadvantages of his new riding mower as he learned more about other riding mowers available in the same price range. Bill is in which of the following stages of the buyer decision process?
a. purchase decision
b. need recognition
c. postpurchase behavior
d. information search
e. alternate evaluation
Answers
Select the correct answer.
Kruger Trading Inc. buys goods on credit. In which two accounts will the company post this transaction after entering it into the journal?
Answers
Answer:
с. Purchases and Creditors
Multiple choices
A. Goods and Cash
В.Goods and Creditors
с. Purchases and Creditors
D.Purchases and Cash
Explanation:
The purchase account is used to record purchased goods. Accountants and bookkeepers usually do not operate a goods account. When goods are purchased, they increase the purchases account.
Purchased goods are either paid in cash or on credit. Cash purchases reduce cash held in the business and are recorded in the cash account. Credit purchases increase liabilities and are recorded in the creditor's accounts.
Question: Choose the products that are regulated by federal tobacco sales law:
C
O Chewing tobacco
Cigars (including regular, little, and flavored cigars)
O Rolling papers containing tobacco as an ingredient
O E-cigarettes & e-liquid
O All of the above are regulated
Answers
the process of selecting and managing aspects of organizational structure and culture to enable the organization to achieve its goals is called organizational . a. centralization b. span of control c. formalization d. design
Answers
The process of selecting and managing aspects of organizational structure and culture to enable the organization to achieve its goals is called organizational design. The correct option is d.
Organizational design involves creating an optimal structure and culture that supports the organization's overall strategy, objectives, and mission. This includes assessing various aspects of the organization, such as decision-making processes, communication channels, division of labor, and coordination among departments.
To achieve this, the organization must consider the following factors:
1. Centralization or Departmentalization: Deciding the degree to which decision-making authority is concentrated at the top levels or distributed throughout the organization.
2. Span of Control: Determining the optimal number of subordinates that a manager should oversee, balancing the need for effective communication and control with the benefits of empowerment and autonomy.
3. Formalization: Establishing the level of standardization, rules, and procedures within the organization to provide consistency, predictability, and control.
4. Decentralization: Grouping related tasks and functions into logical units or departments to promote coordination, collaboration, and effective resource allocation.
Organizational design is essential for achieving an organization's goals because it ensures that the structure and culture are aligned with its strategy. It enables the organization to operate efficiently, effectively, and responsively, leading to improved performance and long-term success.
In conclusion, organizational design is a critical process that helps businesses adapt to changing environments, align their internal resources, and achieve their strategic objectives.
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What is one of the newest ways to receive education and training for your career? a. online learning b. vocational-technical centers c. trade schools d. universities
Answers
Answer:
a
Explanation:
Answer:
A
Explanation:
suppose the price of gasoline is $1.60 per gallon. is the quantity demanded at the price of $1.60 per gallon higher or lower than the quantity demanded at the price of $1.40 per gallon?
Answers
At a lower price of $1.40 per gallon, the quantity demanded of gasoline will be higher than at a higher price of $1.60 per gallon.
The law of demandSuppose the price of gasoline is $1.60 per gallon. The question is asking if the quantity demanded at the price of $1.60 per gallon is higher or lower than the quantity demanded at the price of $1.40 per gallon.
To answer the question, we need to understand the law of demand, which states that the quantity demanded of a good or service decreases as the price of that good or service increases, and vice versa.
Therefore, we can assume that the quantity demanded of gasoline will decrease as the price increases, and increase as the price decreases.
Therefore, at a lower price of $1.40 per gallon, the quantity demanded of gasoline will be higher than at a higher price of $1.60 per gallon. This is because a lower price will incentivize consumers to buy more gasoline, while a higher price will deter consumers from buying as much gasoline.
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Fill in the blank... (business!)
Answers
Answer:
Local market conditions or Local environmental conditions.
Explanation:
The answer is - Local market conditions or Local environmental conditions.
Reason -
Decentralized organizational structures often have several individuals responsible for making business decisions and running the business. Decentralized organizations rely on a team environment at different levels in the business. Individuals at each level in the business may have some autonomy to make business decisions.
Supply-side policies have proven that smaller government makes the economy more efficient. Select one: True False
Answers
Answer:
The given statement is "False".
Explanation:
Supply-side policies include those strategies that increase the economic ability of an enterprise as well as the ability to manufacture. To increase supply-side efficiency, there are also many specific steps that somehow an authority may undertake. Any strategy that increases the economic capacity of a nation's infrastructure and therefore its ability to transfer should be under the supply-side legal framework.Jean from Grandmas Cleaning Service was having trouble finding someone to fill one of the more menial positions in her company. Her brother-in-law put her contact with Lila who was in a car crash and could not find work after her brain injury. After testing Lila to see if she could perform the task of vacuuming successfully, she hired her. What part of diversity does this represent?
Answers
It acknowledges and embraces the differences that people contribute to an organisation, diversity is crucial for fostering a secure and inclusive work environment. It is a tool for growth and transformation, which is essential for corporate development.
Inclusion represents the part of diversity that Jean's hiring of Lila represents.Explanation:Diversity refers to differences between people, and it includes all kinds of differences such as age, race, culture, gender, disabilities, beliefs, and values. Diversity is essential to creating a safe and inclusive work environment because it recognizes and values the differences that individuals bring to an organization. It is a tool for change and development, which is vital to business growth.The recruitment of Lila represents the inclusion part of diversity. Lila is an individual who was in a car crash and couldn't find work after her brain injury. By testing her ability to perform the task of vacuuming successfully, Jean was able to hire her. This suggests that Jean has created an inclusive environment where everyone, irrespective of their physical or mental abilities, can fit in and work efficiently in her company.
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define education please
Answers
Select the response that corrects the capitalization error in the sentence below. I live in Kentwood, louisiana. a. i b. kentwood c. Louisiana Please select the best answer from the choices provided A B C
Answers
Answer:
a) I
Explanation:
The letter I continues to be capitalized because it is the only single letter pronoun. Because the pronouns I and me have different uses, it's easy to distinguish between the two in terms of capitalization rules.
disney intends to compete against netflix, amazon, and other streaming services by
Answers
Answer:
by buying tje other companies
Texas annexation was not at the forefront of american politics until president john tyler used it as a rallying cry for his bid for reelection in 1844. identify the statements that correctly describe the reactions to the annexation of texas.
Answers
Answer:
A letter by Secretary of State John C. Calhoun to President Tyler linked the idea of absorbing Texas directly to the goal of strengthening slavery in the United States.
Prospective presidential candidates, Henry Clay and Martin Van Buren, met and agreed to reject the immediate annexation of Texas on the grounds it might lead to war with Mexico.
Explanation:
In a letter to President Tyler, Secretary of State John C. Calhoun made a direct connection between the desire to strengthen slavery in the US and the concept of absorbing Texas.
What was annexation of Texas ?Henry Clay and Martin Van Buren, two potential candidates for the presidency, got together and decided against annexing Texas right once because doing so might spark a conflict with Mexico.
In an effort to build a foundation of support from the general public for another four years, U.S. President John Tyler broke away from the other major parties in 1843 and opted to seek the annexation of Texas on his own.
The Tyler-Texas treaty was rejected by the Senate by a strong majority. Tyler lacked the Senate votes necessary to ratify the deal. In June, it lost by a wide margin.
Tyler retried to acquire their ok before leaving the office. This time, he received support from both chambers of Congress for the joint resolution.
Texas was admitted into America on December 29, 1845, thanks to Tyler's success in getting the joint resolution passed by the senate on March 1, 1845.
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Can some please explain what a core feature is for business class
Answers
Answer:
The main things
Explanation:
Social Security and Medicare taxes are two types of
taxes.
O A. employment
O B. sales
O C. property
D. income
Answers
Answer:
Income taxes
Explanation:
Those are two type of income taxes and i know this because my grandma gets those lololol..no joke though
The practice of employees being brand promoters is called __________________________________.
a. employee potential
b. employee advocacy
c. employee empowerment
d. employee promotion
Answers
Answer:
I'm pretty sure it's employee advocacy.
Jared has health insurance through his employer, which he has never considered using until now. The plan has a $1,000 annual deductible and 20% co-pay for office visits with a minimum of $25. Jared cut his foot and went to his doctor’s office where he got stitches. The bill from the doctor’s office was $240. How much of the bill will Jared have to pay himself?
Answers
Out of the choices provided above, it can be concluded to state that Jared will have to pay a bill of $48 himself, if the insurance is based on the terms of co-payment for the situation given above. Therefore, the option A holds true.
What is the significance of co-payment?Co-payment can be referred to or considered as an agreement between the insurer and the insured to make proportionate payments of the bills in case an insured event takes place.
For the above condition, using the given information, the amount of co-payment can be calculated as below,
Co-payment = Bill x Insured's Co-payment
Co-payment = 240 x 20%
Co-payment = $48.
Therefore, the option A holds true and states regarding the significance of co-payment.
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The missing options have been added below for better reference.
A. $48
B. $0
C. $25
D. $240
Why is the Form W-2 needed in order to file a tax return?
Answers
Answer:
The IRS requires employers to report wage and salary information for employees on Form W-2. Your W-2 also reports the amount of federal, state and other taxes withheld from your paycheck.
Helpful link:
https://turbotax.intuit.com/tax-tips/irs-tax-forms/what-is-a-w-2-form/L6VJbqWl5#:~:text=The%20IRS%20requires%20employers%20to,when%20preparing%20your%20tax%20return.