subject
Business, 15.08.2020 20:01 rwerjekrryery6750

You want to buy an annuity that will pay you $1000 per year for 20 years. You find an account that will pay 4% per year, compounded annually. How much must you deposit today in order to fund this annuity?

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 20:30
Abond is issued for less than its face value. which statement most likely would explain why? a. the bond's contract rate is higher than the market rate at the time of the issue. b. the bond's contract rate is the same as the market rate at the time of the issue. c. the bond's contract rate is lower than the market rate at the time of the issue. d. the bond isn't secured by specific assets of the corporation.
Answers: 1
question
Business, 22.06.2019 17:40
Within the relevant range, if there is a change in the level of the cost driver, then a. total fixed costs will remain the same and total variable costs will change b. total fixed costs will change and total variable costs will remain the same c. total fixed costs and total variable costs will change d. total fixed costs and total variable costs will remain the same
Answers: 3
question
Business, 22.06.2019 21:50
Search engines generate revenue through pay-per-click (each time a user clicks a link to a retailer’s website); pay-per-call (each time a user clicks a link that takes the user to an online agent waiting for a call); or pay-per-conversion (each time a website visitor is converted to a customer)
Answers: 3
question
Business, 22.06.2019 22:00
Exercise 2-12 cost behavior; high-low method [lo2-3, lo2-4] speedy parcel service operates a fleet of delivery trucks in a large metropolitan area. a careful study by the company’s cost analyst has determined that if a truck is driven 120,000 miles during a year, the average operating cost is 11.6 cents per mile. if a truck is driven only 80,000 miles during a year, the average operating cost increases to 13.6 cents per mile. required: 1.& 2. using the high-low method, estimate the variable and fixed cost elements of the annual cost of truck operation. (round the "variable cost per mile" to 3 decimal places.)
Answers: 3
You know the right answer?
You want to buy an annuity that will pay you $1000 per year for 20 years. You find an account that w...
Questions
question
Mathematics, 16.11.2020 20:50
question
Mathematics, 16.11.2020 20:50
question
Mathematics, 16.11.2020 20:50
question
Mathematics, 16.11.2020 20:50
question
Social Studies, 16.11.2020 20:50
question
Mathematics, 16.11.2020 20:50
question
Mathematics, 16.11.2020 20:50