subject
Business, 01.06.2021 17:00 jacelee17631

Sam was injured in an accident, and the insurance company has offered him the choice of $24,000 per year for 15 years, with the first payment being made today, or a lump sum. If a fair return is 7.5%, how large must the lump sum be to leave him as well off financially as with the annuity

ansver
Answers: 3

Another question on Business

question
Business, 21.06.2019 15:30
Marvin wrote a check of $58.25 for the water bill and $450 for rent. he also made a deposit of $124.16. how much is his new balance after writing the checks and making the deposit?
Answers: 3
question
Business, 21.06.2019 23:30
Select the correct answer. joshua runs a large manufacturing business that is listed on the stock exchange. his company made good profits in the previous financial year. he now plans to reward his shareholders with handsome dividends. under which category of activities in the cash flow statement would the company’s accountants place this outflow of cash? a. investing activities b. operating activities c. financing activities d. non-operating activities
Answers: 3
question
Business, 22.06.2019 09:30
Factors like the unemployment rate, the stock market, global trade, economic policy, and the economic situation of other countries have no influence on the financial status of individuals. question 1 options: true false
Answers: 1
question
Business, 22.06.2019 10:20
Asmartphone manufacturing company uses social media to achieve different business objectives. match each social media activity of the company to the objective it the company achieve.
Answers: 3
You know the right answer?
Sam was injured in an accident, and the insurance company has offered him the choice of $24,000 per...
Questions
question
Mathematics, 30.10.2020 18:50
question
Mathematics, 30.10.2020 18:50
Questions on the website: 13722359