Under the NBA deferred compensation plan, payments made at the end of each year accumulate up to retirement and then retirees are given two options. Option 1 allows the retiree to select the amount of the annual payment to be received, and option 2 allows the retiree to specify over how many years payments are to be received. Assume Hardaway has had $7,100 deposited at the end of each year for 30 years, and that the long-term interest rate has been 7%. (FV of $1, PV of $1, FVA of $1, PVA of $1, FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided.) Required: a. How much has accumulated in Hardaway's deferred compensation account? b. How much will Hardaway be able to withdraw at the beginning of each year if he elects to receive payments for 14 years? c. How many years will Hardaway be able to receive payments if he chooses to receive $76,000 per year at the beginning of each year?
Answers: 1
Business, 22.06.2019 14:50
Prepare beneish corporation's income statement and statement of stockholders' equity for year-end december 31, and its balance sheet as of december 31. there were no stock issuances or repurchases during the year. (do not use negative signs with your answers unless otherwise noted.)
Answers: 2
Business, 22.06.2019 19:30
Consider the following two projects. both have costs of $5,000 in year 1. project 1 provides benefits of $2,000 in each of the first four years only. the second provides benefits of $2,000 for each of years 6 to 10 only. compute the net benefits using a discount rate of 6 percent. repeat using a discount rate of 12 percent. what can you conclude from this exercise?
Answers: 3
Business, 22.06.2019 21:00
Roberto and reagan are both 25 percent owner/managers for bright light inc. roberto runs the retail store in sacramento, ca, and reagan runs the retail store in san francisco, ca. bright light inc. generated a $125,000 profit companywide made up of a $75,000 profit from the sacramento store, a ($25,000) loss from the san francisco store, and a combined $75,000 profit from the remaining stores. if bright light inc. is an s corporation, how much income will be allocated to roberto?
Answers: 2
Business, 22.06.2019 22:00
The following table gives the map coordinates and the shipping loads for a set of cities that we wish to connect through a central hub.,(7,(4,(7,(6,(2,( 2,) for the location of the proposed new central hub, the coordinates should be near: x==) if the shipments from city a double, for the location of the proposed new central hub, the coordinates should be near: x==.926.865.017.21
Answers: 1
Under the NBA deferred compensation plan, payments made at the end of each year accumulate up to ret...
Mathematics, 21.02.2021 04:10
Mathematics, 21.02.2021 04:10
English, 21.02.2021 04:10
Mathematics, 21.02.2021 04:10
Mathematics, 21.02.2021 04:10
Chemistry, 21.02.2021 04:10
Mathematics, 21.02.2021 04:10
Mathematics, 21.02.2021 04:10
Mathematics, 21.02.2021 04:10
Mathematics, 21.02.2021 04:10
Physics, 21.02.2021 04:10
Mathematics, 21.02.2021 04:10
Mathematics, 21.02.2021 04:10