answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
A properly marked source document contains some Secret information. A new document does not contain the same information. Howeve
navik [9.2K]

Answer:

Revealed by.

Explanation:

Revealed is to make (previously unknown or secret information) known to others.

3 0
2 years ago
Each service starts on a different date because the services depend on each other. Enter the starting dates for the remaining se
gladu [14]

Answer:

a. Copy the range of cell D7:D9 then select cell D6 and paste the selection with date format selected. The function will be represented in formula bar with adding +4;365 days.

b. Copy the range of cell D7:D9 then select cell D6 and paste the selection with date format selected. The function will be represented in formula bar with adding -3;365 days.

c. In the formula bar type =365 days; +2 : E6

d. In the formula bar type =365 days ; +2 : C6

Explanation:

Excel is a software which helps the users to easily calculate complex calculation with just one function input. The users can create worksheets using the excel and then link those worksheets with each other. The data can be displayed in the form of table or simple text. It has multiple options to create annual day wise filtered worksheets.

7 0
1 year ago
Mila is at a flea market. She has $50 in her wallet. She decides that she will spend $15 on jewelry, $20 on a pair of jeans, $5
timama [110]
What are the choices? A trade off in this situation would be where she takes money out of her other budgets to put toward this one, for example, if she took 3 dollars out of her jewelry budget and put those 3 dollars into her t-shirt budget to buy the 8 dollar shirt. 
6 0
2 years ago
South Beach Insurance is about to begin using a program that will change the way its adjusters settle insurance claims. Adjuster
klasskru [66]

Answer:

The correct answer is letter "A": innovative.

Explanation:

Innovative changes allow companies to use new strategies and technologies to improve the efficiency of their operations. Sometimes those changes are processes or technological devices created by the company itself while in other cases they are adopted from other entities with similar approaches and accomplish almost the same goal.

4 0
2 years ago
TechPro offers instructional courses in e-commerce website design. The company holds classes in a building that it owns.
myrzilka [38]

Answer:

1. fixed and indirect

2. variable and direct

3. variable and direct

4. fixed and indirect

5. fixed and indirect

6. variable and direct

Explanation:

<u>Fixed and variable costs</u>

A fixed cost is expected to be constant for a short term period whilst a variable cost is expected to vary in direct proportion to the number of units produced in this case it is the individual classes.

Depreciation expense on classroom building and on computers is a fixed cost that is expected to remain constant and the instructor wage varies with the number of classes thus a variable cost.

<u>Direct and Indirect costs</u>

A direct cost can be directly traced to the cost object by observation whist the indirect cost can not be directly traced on a cost object.

The instructors wage is a direct cost, his effort is seen with the success of the classes whist the depreciation expenses are indirect costs.

4 0
2 years ago
Other questions:
  • Which website would you visit to prepare a PROFILE
    14·2 answers
  • She has negotiated a sales price of $24,145 and she has a $4,000 down payment. She is eligible for the full $750 cash rebate. He
    13·1 answer
  • The Motor Works is considering an expansion project with estimated fixed costs of $87,000, depreciation of $22,900, variable cos
    6·1 answer
  • Barber and Atkins are partners in an accounting firm and share net income and loss equally. Barber's beginning partnership capit
    9·1 answer
  • Last year Universal Transportation retained $225,000 of the $750,000 net income it generated. This year Universal generated net
    15·1 answer
  • Suppose the market for tortillas is initially in equilibrium, but then the equilibrium wage rate and the equilibrium quantity of
    10·1 answer
  • All else constant, the net present value of a typical investment project increases when:
    5·1 answer
  • Flax purchased $5,000 in equipment during 20X4. Flax allocated one-third of its depreciation expense to selling expenses and the
    15·1 answer
  • Consider two nations, Spendia and Savia. The MPC for Spendia is 0.8, and the MPC for Savia is 0.5. Assume that both nations expe
    5·1 answer
  • "What is the ultimate reason for trading equity for financial support? a. it is usually a deal/no deal option b. preparing for t
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!