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AlekseyPX
2 years ago
10

Geraldine was injured in a car accident, and the insurance company has offered her the choice of $25,000 per year for 15 years,

with the first payment being made today, or a lump sum. If a fair return is 7.5%, how large must the lump sum be to leave her as well off financially as with the annuity
Business
1 answer:
erma4kov [3.2K]2 years ago
7 0

Answer:

Explanation:

Present value of annuity due = (1+interest rate)*Annuity[1-(1+interest rate)^ -time period]/rate

=(1+0.075)*25000*[1-(1.075)^-15]/0.075

=$25000*9.489153726  

=$237,228.84

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Answer:

Explanation:

Because when you included that sometime it can cause discrimination against a certain race of gender. For example, if you add that you are hispanic women you may not get picked for the job over a white male. For age when people see really old people applying for jobs they may not hire them because they would have to explain everything to them.

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Which spreadsheet type will determine how well a business has done over the past year?
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A profit and loss statement<span> will determine how well a business has done over the past year.The profit and loss statement is a financial statement which shows revenue, costs and all expenses that happened during a said period of time. Most companies do this quarterly or yearly. </span>
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Which of the following scenarios best illustrates bundling? Cumulus Media Inc. sells its cloud computing network by having custo
ddd [48]

Answer:

The scenario that best illustrate BUNDLING is option B which state that:

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5 0
2 years ago
XYZ Publisher can produce 200 books in a standard 8-hour day. It uses 5 employees. The average labor cost is $25/hour. A book re
Elza [17]

Answer:

C) 1.5

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4 0
2 years ago
Excerpts from hulkster company's december 31, 2018 and 2017, financial statements are presented below: 2018 2017 accounts receiv
Rudik [331]

<u>Calculation of Hulkster's 2018 return on shareholders' equity:</u>


Return on shareholders' equity can be calculated with the help of following formula:

Return on shareholders' equity=  Net Income / Average shareholders' equity


Following information is available:

Net Income for the year 2018 =$41,500

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Hence, Hulkster's 2018 return on shareholders' equity is <u>17.18%</u>







7 0
2 years ago
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