What is the uniform annual payment

Assignment Help Business Economics
Reference no: EM131109497

You expect to receive the following:

$2551 at the end of each year for 12 years

$19153 today

$3840 at the end of year 6

$1536 at the end of each year forever

$8746 at the end of 15 years

What is the uniform annual payment for 12 years is equivalent to the above payment if the interest rate is 8%?

Reference no: EM131109497

Questions Cloud

Current example of how estimation and hypothesis testing : Discuss which economic theories or relationships you have studied up until now (not just in this class – in all your economics classes) that could be estimated using the multiple linear regression model. Explain your rationale. Use the Internet to fi..
To engage in first-degree price discrimination firm must : To engage in first-degree price discrimination a firm must
When conducting incremental analysis : When conducting incremental analysis, what step must always be taken immediately prior to beginning the pairwise comparisons?
Explain what the functions of the federal reserve : Explain what the functions of the Federal Reserve are. Research for a map of the 12 Federal Reserve District Banks. Include the map and explain what cities each district bank is located in and explain why you feel that we have this current geographic..
What is the uniform annual payment : What is the uniform annual payment for 12 years is equivalent to the above payment if the interest rate is 8%?
Think the international relations : What do you think have been the benefits and losses to consumers in the USA? Why? How do you think the international relations between the USA and China have been affected? Why? Update the case result with new information.
Considering two alternative proposals for sources of energy : An electric utility is considering two alternative proposals for new sources of energy. One is a major hydroelectric dam (a 70-year project from construction to end-of-life); the other is a thermal power plant (a 35-year project from construction to ..
Consider low-wage labour market : Consider a low-wage labour market. Workers in this market are not presently covered by the minimum wage, but the government is considering implementing such legislation. If implemented, this law would require employers in the market to pay workers a ..
What is the shadow price of the output : Assume that a competitive market has an upward-sloping supply curve and a downwardsloping demand curve, both of which are linear. A tax of $0.10 per unit is currently imposed in the market. Suppose that with the tax the equilibrium quantity is 70,000..

Reviews

Write a Review

Business Economics Questions & Answers

  What was the role of the federal government as an employer

Discuss the debate over whether the expansionary monetary or fiscal policy would have successfully pulled the U.S. economy out of the Great Depression. Discuss the changes in federal tax policies during the Great Depression. Explain their impacts ..

  Provide reasons to explain what government would have to do

Provide reasons to explain what government would have to do to keep the unemployment rate at 3 percent."

  How does imposing rent controls affect the number

Rent controls place price ceilings on rents at levels below market equilibrium rental rates for the stated purpose of making housing more affordable for low-income families. Using demand and supply analysis, answer the following questions:

  Purchasing new cooling system

The Gentle Warming Company is purchasing a new cooling system. To pay for the system, the company agrees to make 12 installment payments of $8186 per year, beginning at the end of year 1.

  What is the expected value of the lottery ticket

Suppose Ann’s utility function is defined as: u(c) = ln(c) . For her birthday, Ann’s father offers her the choice of either a lottery ticket that is worth $1 with probability .99 and worth $100,000 with probability .01 or $500 cash. What is the expec..

  Handouts to the audience before a presentation

Providing handouts to the audience before a presentation is not advisable because

  Qin economic history there have been many great economists

q.in economic history there have been many great economists who have developed theories concepts and ideas which have

  In monopolistic competitive industry the products

In monopolistic competitive industry the products that make up that industry are virtually alike. Only a few minor differences separate one product from the other (take soap for example). In such a case one is lead to believe that consumers could cho..

  Explain three types of economic growth

Explain 3 types of economic growth. Provide examples. Why technological changes becomes more important for economic growth. Compare the cost of Multinational corporations operating in a foreign country with the cost of domestic firms. Explain. How ca..

  Size of the smallest payment and the largest payment

A boat is purchased by financing $40000. The loan is to be paid over a 5 year period with annual payments based on a 12% interest rate. Each successive payment is scheduled to be 10% greater than the previous one. Determine the size of the smallest p..

  What is the income elasticity of demand for steak

Suppose that after hurricane Irene, the average income in Cape Charles, Virginia decreased by 14%. In response to this change in income, suppose the demand for steak in Cape Charles decreased by 4%. What is the income elasticity of demand for steak?

  Calculate the aggregated demand for college education

Assume that that students and nonstudents have revealed their group demands for junior college education, a public good, as follows: Q = 1,500 – 0.25P, (Student demand) Q = 4,000 – P, (Nonstudent demand) where Q is the number of students educated per..

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd