subject
Business, 06.08.2021 16:50 cristabean87

William won a lottery that will pay him $490000 at the end of each of the next twenty years. Teal Mountain has offered to purchase the payment stream for $5189100. What interest rate (to the nearest percent) was used to determine the amount of the payment

ansver
Answers: 1

Another question on Business

question
Business, 21.06.2019 20:30
What do economists mean when they use the latin expression ceteris paribus?
Answers: 3
question
Business, 22.06.2019 02:00
Keshawn used to work for an it company in baltimore, but lost his job when his company decided to use workers in new delhi instead. this is an example of:
Answers: 1
question
Business, 22.06.2019 06:00
Transactions on april 1 of the current year, andrea byrd established a business to manage rental property. she completed the following transactions during april: opened a business bank account with a deposit of $45,000 from personal funds. purchased office supplies on account, $2,000. received cash from fees earned for managing rental property, $8,500. paid rent on office and equipment for the month, $5,000. paid creditors on account, $1,375. billed customers for fees earned for managing rental property, $11,250. paid automobile expenses for month, $840, and miscellaneous expenses, $900. paid office salaries, $3,600. determined that the cost of supplies on hand was $550; therefore, the cost of supplies used was $1,450. withdrew cash for personal use, $2,000. required: 1. indicate the effect of each transaction and the balances after each transaction: for those boxes in which no entry is required, leave the box blank. for those boxes in which you must enter subtractive or negative numbers use a minus sign. (example: -300)
Answers: 1
question
Business, 22.06.2019 18:00
Rosie and her brother michael decided recently to purchase an rv together. they both want to use the rv to take their families camping. the price of the rv was $10,000. since michael expects to use the rv 60% of the time and rosie 40% of the time, michael contributed $6,000 and rosie contributed $4,000. their ownership percentage equals their contribution percentage. which type of property titling should they use to reflect their ownership interest?
Answers: 1
You know the right answer?
William won a lottery that will pay him $490000 at the end of each of the next twenty years. Teal Mo...
Questions
question
Engineering, 19.03.2020 01:01
Questions on the website: 13722359