Business, 01.11.2019 06:31 drpharmd1769

Al and sal are twins. al is given a fifteen-year annuity with end-of-year payments. the first payment al receives, precisely one year from the date he is given the annuity, is for $100, and then subsequent payments decrease by 4% annually. sal is given an n- year level annuity that has the same present value as al’s when the present values are calculated using i = 5%. again calculated using i = 5%, the accumulated value at the end of n years of sal’s annuity is $1,626.29. find the common present value of the two annuities and then find n.

Answers: 3

Show answers

Another question on Business

Business, 22.06.2019 11:40

Define the marginal rate of substitution between two goods (x and y). if a consumer’s preferences are given by u(x,y) = x3/4y1/4, compute the consumer’s marginal rate of substitution as a function of x and y. calculate the mrs if the consumer has chosen to consumer 48 units of x and 16 units of y. show your work. (use the back of the page if necessary.

Answers: 3

Answer

Business, 22.06.2019 21:10

Krier industries has just completed its sales forecasts and its marketing department estimates that the company will sell 43,800 units during the upcoming year. in the past, management has maintained inventories of finished goods at approximately 3 months' sales. however, the estimated inventory at the start of the year of the budget period is only 7,300 units. sales occur evenly throughout the year. what is the estimated production level (units) for the first month of the upcoming budget year?

Answers: 3

Answer

Business, 22.06.2019 21:50

The third program provides families with $50 in food stamps each week, redeemable for both perishable and nonperishable food. the fourth policy instead provides a family with a box of nonperishable foods each week, worth $50. use two graphs to illustrate that a family may be indifferent between the two programs, but will never prefer the $50 box of nonperishable foods over the $50 in food stamps. state your answer and use a consumer choice model for perishable food and nonperishable food to graphically justify your choice.

Answers: 1

Answer

Business, 22.06.2019 21:50

Which of the following best describes the economic effect that results from the government having a budget surplus? a. consumers save more and spend less, enabling long-term financial planning. b. overall demand decreases, reducing the incentive for producers to increase production. c. banks have more deposits, enabling them to make more loans to investors. d. government spending increases, increasing competition for goods and services and driving prices up.

Answers: 3

Answer

You know the right answer?

Al and sal are twins. al is given a fifteen-year annuity with end-of-year payments. the first paymen...

Questions