Business, 13.02.2020 20:19 zoeyjorschumb17
Herman receives an annuity that pays him $10,000 per year for 12 years. Herman hopes to purchase a $250,000 sports car with the proceeds from investing the annuity payments at the end of the 12 year period. What annual interest rate does Herman need to earn to afford his purchase ?
Answers: 1
Business, 22.06.2019 09:40
Henry crouch's law office has traditionally ordered ink refills 55 units at a time. the firm estimates that carrying cost is 35% of the $11 unit cost and that annual demand is about 240 units per year. the assumptions of the basic eoq model are thought to apply. for what value of ordering cost would its action be optimal? a) for what value of ordering cost would its action be optimal?
Answers: 2
Business, 22.06.2019 13:30
Tom has brought $150,000 from his pension to a new job where his employer will match 401(k) contributions dollar for dollar. each year he contributes $3,000. after seven years, how much money would tom have in his 401(k)?
Answers: 3
Business, 22.06.2019 17:30
What is the sequence of events that could lead to trade surplus
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Business, 23.06.2019 02:40
Suppose we are interested in bidding on a piece of land and we know one other bidder is interested. the seller announced that the highest bid in excess of $9,500 will be accepted. assume that the competitor's bid x is a random variable that is uniformly distributed between $9,500 and $15,500. suppose you bid $12,000. what is the probability that your bid will be accepted?
Answers: 2
Herman receives an annuity that pays him $10,000 per year for 12 years. Herman hopes to purchase a $...
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