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solniwko [45]
1 year ago
15

Eric is considering an investment that will pay $8, 200 a year for five years, starting one year from today. What is the maximum

amount he should pay for this investment if he desires a rate of return of 11.2 percent? $17, 899.08 $27, 117.36 $20, 186.75 $30, 154.50 $18, 153.55
Business
1 answer:
astra-53 [7]1 year ago
4 0

Answer:

$30, 154.50

Explanation:

For compute the maximum amount, we need to calculate the present value which is shown below:

Present value would be

= Paying amount for five years × PVIFA factor at 11.2% for 5 years

= $8,200 × 3.6774

= $30,154.68 approx

Simply we multiplied the paying amount with the PVIFA factor to get the maximum paying amount

And, refer to the PVIFA table

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Mamont248 [21]

Answer:

Brand association

Explanation:

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Organizations try to instill positive image in the minds of customers through brand association. Here, Martha redecorates coffee collective with pictures of players and coaches as way to promote the team as audience will be be able to connect with the team through the images.

5 0
2 years ago
Congress would like to increase tax revenues by 17 percent. assume that the average taxpayer in the united states earns $52,000
Vadim26 [7]

Calculation of average tax rate that will result in a 17 percent increase in tax revenues:


Currently, the average taxpayer in the united states earns $52,000 and pays an average tax rate of 20 percent, so the average tax revenue is 52000*20% = $10,400

If Congress wants to increase tax revenues by 17 percent, then the average tax revenue shall be 10400+(10400*17%) = $12,168


Hence average tax rate that will result in a 17 percent increase in tax revenues shall be = 12168 / 52000 = 0.234 = <u>23.40%</u>






3 0
2 years ago
15. Most vegetables substantially diminish in quality in as little as _______ days.
Serjik [45]

the answer would be 14 days

Most vegetables substantially diminish in quality in as little as 14 days.

7 0
2 years ago
Marco knows that he needs to score an "A" on his next test in order to keep his scholarship. To that end, he studies two hours e
kondaur [170]

Answer:

The correct word for the blank space is: content.

Explanation:

Content goals are those important or that have a high value. These objectives are typically involved in the personal or professional development of individuals. Content goals imply a higher involvement and usually are objectives that cannot be set aside compared to other goals.

6 0
1 year ago
Mother &amp; daughter jewelers breaches its lease with longview mall and vacates the premises six months before the end of the t
evablogger [386]

The answer to the question is use reasonable means to find a new tenant to mitigate damages. This particular approach is actually the preferred method when dealing with contract breaches, which is part of the duty to mitigate, applied to the landlord.

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2 years ago
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