ou may pay $15,000 for an annuity that pays $2500 per year for the next 10 year. You want a real rate of return of 5%, and you estimate inflation will average 6% per year what is the annual cost to own this annuity
Answers (1)
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “ou may pay $15,000 for an annuity that pays $2500 per year for the next 10 year. You want a real rate of return of 5%, and you estimate ...” in 📘 Business if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
The effective combined tax rate in a firm is 40%. An outlay of $2 million for certain new assets is under consideration.
Answers (1)
The founder of Alchemy Products, Inc., discovered a way to turn lead into gold and patented this new technology. He then formed a corporation and invested $1,200,000 in setting up a production plant.
Answers (1)
The rapid evolution of technology and the need to freeze a project's scope can combine to render a project: 1. Obsolete before it can be finished. 2. So complex that it will take too long to complete. 3. A poor fit with current company strategy. 4.
Answers (1)
Jeffrey is going to sell sporting apparel, which he has already purchased from manufacturers, and has signed a deal agreeing to the volume he will sell monthly.
Answers (2)
On theShopping Listsheet, check all the formulas. Cells to check are filled with the light orange color. Most of them need to be corrected.
Answers (1)
New Questions in Business
The following inventory information was taken from the records of Kleinfeld Inc.: Historical cost $12,000 Replacement cost $7,000 Expected selling Price $9,000 Expected selling cost $500 Normal profit margin 50% of price Assume that subsequent to
Answers (1)
Eliza has a policy that allows her to deduct the premiums she pays that exceed 10% of her adjusted gross income. Once she turns 65, she can deduct the premiums that exceed 7.5% of her adjusted gross income. Which type of policy does Eliza have?
Answers (1)
A key consideration related to business intelligence is that it focuses on data to aid in
Answers (1)
For franklin, inc., sales is $1,500,000, fixed expenses are $450,000, and the contribution margin ratio is 36%. what are the total variable expenses?
Answers (1)
Dogwood, Inc. earned revenues of $11,000 and incurred expenses of $7,500. The company declared and paid cash dividends of $2,000.
Answers (1)