Your crazy uncle left you a trust that will pay you $16,000 per year for the next 23 years with the first payment received one year from today. If the appropriate interest rate is 4.9 percent, what is the value of the payments today

$217,866.12

Explanation:

Using the annuity payment formula

P = r(PV)/[1 - (1 + r)^ -n]

Where

r is rate per period = 49% = 0.049

PV is present value = ?

P is the payment = $16000

n is the number of periods = 1

Therefore

$16000 = 0.049PV / (1 − 1.0490)^-1

= 0.049PV = $16000 × (1 - 1/1.049)

Make PV the subject

PV = $16,000 × [(1 −1/1.049)/0.049]

= $217,866.12

the answer is risk management planning

the answer is: c.that person might be arrested and deported

filling w-4 form incorrectly usually would rise suspicions from government's auditors. when they notice such mistakes, they would send their teams to investigate the situation further.

if those investigation teams believe that the incorrectness is done on purpose (with malicious intent), that person can be arrested or deported