A stream of 60 monthly payments of $1,000 each is an example of a(n) _________.
Question:
A stream of 60 monthly payments of $1,000 each is an example of a(n) _________.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 44% (9 reviews)
annuity Explanation An annuity i...View the full answer
Answered By
Labindao Antoque
I graduated in 2018 with a Bachelor of Science degree in Psychology from Dalubhasaan ng Lungsod ng San Pablo. I tutored students in classes and out of classes. I use a variety of strategies to tutor students that include: lecture, discussions about the subject matter, problem solving examples using the principles of the subject matter being discussed in class , homework assignments that are directed towards reinforcing what we learn in class , and detailed practice problems help students to master a concept. I also do thorough research on Internet resources or textbooks so that I know what students need to learn in order to master what is being taught in class .
0.00
0 Reviews
10+ Question Solved
Related Book For
Financial Management For Public, Health, And Not-for-Profit Organizations
ISBN: 9781506396811
6th Edition
Authors: Steven A. FinklerDaniel L. Smith, Thad D. Calabrese
Question Posted:
Students also viewed these Business questions
-
A stream of 60 monthly payments of $1,000 each is an example of a(n) _________.
-
A $198 000 mortgage amortized by monthly payments over 20 years is renewable after 5 years. Interest is 4.65% compounded semi-annually. (a) What is the size of the monthly payments? (b) How much...
-
A $135 000 mortgage is amortized by making monthly payments of $974.37. If interest is 4.92% compounded semi-annually, for how many years is the term of the mortgage?
-
Certain merchandising transactions for Yule Park Gifts are listed below. November 2: Purchased 110 souvenir calendars at $9 each from Aloha Co. for cash Nov 4: Paid shipping costs $38 for the...
-
Suppose that college students with a checking account typically write relatively few checks in any given month, whereas people who are not college students typically write many more checks during a...
-
Use a Karnaugh map to find a minimal-sum-of products representation for (a) f(w, x, y, z) = m(0, 2, 3, 6, 7, 14, 15) (b) g(v, w, x, y, z) = M(1, 2, 4, 6, 9, 10, 11, 14, 17, 18, 19,20, 22, 25,26,...
-
Can the numerical instability be avoided by simply using higher precision (larger number of decimal digits) in the computations, thus reducing the round-off error? If not, what would be the effect of...
-
Analysis of Installment-Sales Accounts Samuels Co. appropriately uses the installment-sales method of accounting. On December 31, 2012, the books show balances as follows. Instructions (a) Prepare...
-
Assignment Question 10 of 10 < > - / 20 Current Attempt in Progress The Cinrich Antique Mall expects to make purchases in the first quarter of 2021 as follows: January $98,800 February 124,800 M...
-
Lauren Cooper had a beauty shop in the basement of her home. During the current year, she had gross receipts of $32,000. She spent $3,500 for supplies, paid an assistant $4,200, incurred allocated...
-
If the net present value of the cash flows from an investment is greater than zero and you base your decision solely on financial considerations, you should _________ the investment. a. Accept b....
-
At any interest rate above 0 percent, the future value of an investment will always be a. Less than the original amount invested. b. Greater than the original amount invested. c. Equal to the...
-
Top managers of the Deli Llama Food Truck Ltd. are reviewing company performance for 2020. The income statement reports a 20 percent increase in net income over 2019. However, most of the net income...
-
Mya wants to cut down some overgrown tree branches from a small tree in her backyard. On Sunday afternoon, she visits her local hardware store to purchase a cutting saw and speaks to Max, the manager...
-
How can outcomes of marketing activities be documented? Provide at least two examples.
-
Ivanhoe Corporation has 10.50 million shares of common stock issued and outstanding. On June 1, the board of directors voted an 83 cents per share cash dividend to stockholders of record as of June...
-
In the figure, block 1 of mass m slides from rest along a frictionless ramp from height h = 3 m and then collides with stationary block 2, which has mass m = 4m. After the collision, block 2 slides...
-
a. How do you form an LLC? b. What is the purpose of the "operating agreement?" How is it different than a corporation's Bylaws? c. Are members liable for the LLC's obligations? Session 2 - LLC...
-
What are the decisions involved in developing substantive analytical procedures? Develop an independent expectation.
-
Determine the annual percentage yield for a loan that charges a monthly interest rate of 1.5% and compounds the interest monthly.
-
A new client, John Dobson, recently formed Johns Premium Steakhouse, Inc., to operate a new restaurant. The restaurant will be a first-time business venture for John, who recently retired after 30...
-
Collettes S corporation holds a small amount of accumulated earnings and profits (AEP), requiring the use of a more complex set of distribution rules. Collettes accountant tells her that this AEP...
-
For each of the following independent statements, indicate whether the transaction will increase (+), decrease (), or have no effect (NE) on the basis of a shareholders stock in an S corporation. a....
-
Sociedad de responsabilidad limitada Corporacion privada Corporacion Publica Cuales son sus diferencias entre ellas y la responsabilidad que tienen sus duenos?
-
An important topic specific to Microeconomics would include: A . the profit maximizing decisions of an individual manufacturer. B . the rate of inflation. C . the rate of unemployment. D . economic...
-
If a price floor is above equilibrium, we may see: Question 8 options: a ) a low quality of the good being offered b ) a shortage of the good or service in question c ) no impact on the market d )...
Study smarter with the SolutionInn App