How much will the investor have today if he has a simple annuity of $80,000 deposited in

Fantastic news! We've Found the answer you've been seeking!

Question:

How much will the investor have today if he has a simple annuity of $80,000 deposited in an account earning an interest rate of 5% for a perpetual period of time?

Related Book For answer-question

Financial Accounting A Critical Approach

ISBN: 978-1259066528

4th edition

Authors: John Friedlan

See More Books

Posted Date: May 07, 2024 08:09 AM

See More Questions

Explain the difference between the actual rate of improvement for a student and the rate of improvement that would be needed to attain an expected benchmark for a specified period of time
1 $5,000.00 deposited in an account earning 6.5%, for 8 years. Calculate the balance in 8 years. a. 8,274.98 b. 8,752.83 c. 8,917.39 d 9,235.36 A firm has net sales of $5,700,000, Cost of Goods Sold...
Find the present value of $40,000 due in 4 years at the given rate of interest 8%/year compounded monthly. A. The present value is $28,948.67. B. The present value is $29,433.94. C. The present value...
Jogger 1 is travelling east at 6 . 5 m / s and has a mass of 8 2 kg . Jogger 2 is travelling north at 5 . 8 m / s and has a mass of 5 4 . 5 kg . One of the joggers has their head down and doesnt see...
You are given the production function Y = AK1/4H1/4N1/2, where A = 4. The population growth rate n is 0.025, the depreciation rate d is 0.075 (both physical and human capital depreciate at the same...
Identify the functions in processing payroll transactions.
Discuss the following issues relating to criticism of conventional accounting. 1 Conventional accounting uses the accrual convention.What is the accrual convention? What is the main benefit of...
Many years ago, Minnow Bait and Tackle issued preferred stock. The stock pays an annual dividend equal to $6.80. If the required rate of return on similar-risk investments is 8 percent, what should...
If the target profit is $60,000 for an annual volume of 480 units, the total annual fixed costs are $168 000 and the total variable cost per unit is $450, then what is the mark-up percentage on total...
What is the balanced reaction that best matches following rate relationships? Rate = AH 341 ANH 24t [] At
A particle of mass $9.1 \times 10^{-31} \mathrm{~kg}$ and carrying an unknown quantity of charge is shot at a velocity of $2.0 \times 10^{4} \mathrm{~m} / \mathrm{s}$ to the right and enters the...
Refer to the company you chose in C1.1. Based on your knowledge of this company, answer the following. A. Estimate the cash paid for inventory. B. Estimate the cash paid for operating expenses. C....
As a battery is used to charge a capacitor, does the overall charge inside the battery get smaller, get greater, or stay the same?
Two large, parallel, current-carrying plates are oriented horizontally and the vertical distance between them is $5.0 \mathrm{~mm}$. The current per unit width in each plate is \(100 \mathrm{~A} /...
The term emf is an acronym for electromotive force. Why is this a misnomer?
What key factors led to Apples success with iPod?
Determine the resultant moment produced by the forces about point O. 0.25 m 0.125 m, 0 0.3 m- 60 F = 500 N F = 600 N
The equations of motion of a two-degree-of-freedom system are given by where $F_{1}(t)$ denotes a rectangular pulse of magnitude 5 acting over $0 \leq t \leq 2$. Find the solution of the...
Find the response of a simple pendulum numerically by solving the exact equation: \[\ddot{\theta}+\frac{g}{l} \sin \theta=0\] with $\frac{g}{l}=0.01$ and plot the response, $\theta(t)$, for \(0...
Using the Newmark method with $\alpha=\frac{1}{6}$ and $\beta=\frac{1}{2}$, solve Problem 11.20. Data From Problem 11.20:- The equations of motion of a two-degree-of-freedom system are given by...

How much will the investor have today if he has a simple annuity of $80,000 deposited in

Question:

Expert Answer:

Okay lets solve this stepbystep The investor has a simple ... View the full answer

Financial Accounting A Critical Approach

Students also viewed these accounting questions