subject
Business, 26.02.2020 20:01 lbelle

Martha leaves an estate of 500,000. Interest on this estate is paid to John for the first X years at the end of each year. Karen receives annual interest payments from the end of year X+1 forever. At an annual effective interest rate of 5%, the present value of Karen's interest payments is 1.59 times the present value of John's. Calculate X.

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 14:30
If tracking employees through technology is not illegal, why should megan be concerned if she is not involved in any misconduct?
Answers: 1
question
Business, 22.06.2019 14:30
What’s the present value of a perpetuity that pays $250 per year if the appropriate interest rate is 5%? $4,750 $5,000 $5,250 $5,513 $5,788what is the present value of the following cash flow stream at a rate of 8.0%, rounded to the nearest dollar? cash flows: today (t = 0) it is $750, after one year (t = 1) it is $2,450, at t = 2 it is $3,175, and at t=3 it is $4,400. draw a time line. $7,917 $8,333 $8,772 $9,233 $9,695
Answers: 2
question
Business, 22.06.2019 19:00
What is an equation of the line in slope intercept formm = 4 and the y-intercept is (0,5)y = 4x-5y = -5x +4y = 4x + 5y = 5x +4
Answers: 1
question
Business, 22.06.2019 22:00
Brody corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion costs are incurred uniformly throughout the process. beginning inventory for january consisted of 1,050 units that were 65% completed. 10,900 units were started into the process during january. on january 31, the inventory consisted of 500 units that were 50% completed. what would be the equivalent units for direct materials cost using the weighted average method?
Answers: 2
You know the right answer?
Martha leaves an estate of 500,000. Interest on this estate is paid to John for the first X years at...
Questions
question
Mathematics, 26.02.2021 17:40
question
Mathematics, 26.02.2021 17:40
question
Mathematics, 26.02.2021 17:40
question
Mathematics, 26.02.2021 17:40
question
Geography, 26.02.2021 17:40
question
Social Studies, 26.02.2021 17:40
question
Mathematics, 26.02.2021 17:40
question
Health, 26.02.2021 17:40