subject
Business, 13.03.2020 03:30 SauceyNaee

7. Your grandfather left you an inheritance that will provide an annual income for the next 20 years. You will receive the first payment one year from now in the amount of $2,500. Every year after that, the payment amount will increase by 5 percent. 1) What is your inheritance worth to you today if you can earn 7.5 percent on your investments? 2) Assume you can still earn 7.5 percent on your investment, but suppose that the payment continues forever, then what is the heritance worth to you?

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 20:50
The following accounts are from last year’s books at s manufacturing: raw materials bal 0 (b) 157,400 (a) 172,500 15,100 work in process bal 0 (f) 523,600 (b) 133,700 (c) 171,400 (e) 218,500 0 finished goods bal 0 (g) 477,000 (f) 523,600 46,600 manufacturing overhead (b) 23,700 (e) 218,500 (c) 27,700 (d) 159,400 7,700 cost of goods sold (g) 477,000 s manufacturing uses job-order costing and applies manufacturing overhead to jobs based on direct labor costs. what is the amount of cost of goods manufactured for the year
Answers: 3
question
Business, 23.06.2019 01:30
Lee earns $1,482 of interest in 270 days after making a deposit of $15,200. find the interest rate.
Answers: 1
question
Business, 23.06.2019 03:30
Which of the filling is a social news site
Answers: 3
question
Business, 23.06.2019 20:30
If something happens to alter the quantity supplied at any given price, then we move along the fixed supply curve to a new quantity supplied. a. true b. false
Answers: 1
You know the right answer?
7. Your grandfather left you an inheritance that will provide an annual income for the next 20 years...
Questions
question
Mathematics, 06.12.2020 23:10
question
Mathematics, 06.12.2020 23:10
question
Mathematics, 06.12.2020 23:10
question
Mathematics, 06.12.2020 23:10