answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
madam
27 days ago
7

Your Green Investment Tips subscription is about to expire. You plan to subscribe to the magazine for the rest of your life, and

you can renew it by paying $85 annually, beginning immediately, or you can get a lifetime subscription for $850, also payable immediately. Assuming that you can earn 6.0% on your funds and that the annual renewal rate will remain constant, how many years must you live to make the lifetime subscription the better buy?
a. 14.33
b. 7.48
c. 8.80
d. 10.35
e. 12.18
Business
1 answer:
soldi70 [3.4K]27 days ago
4 0

Answer:

The solution is a. 14.33.

Explanation:

We employ the net present value (NPV) analysis to evaluate the two scenarios.

+ The NPV for the lifetime subscription is $(850)

+ The annual subscription has an NPV calculated as - 85 - [ 85/6% * [ 1 - 1.06^(-n) ], where n represents the years the subscriber is expected to live.

In order for the lifetime subscription to be more advantageous, its NPV must exceed that of the annual subscription, which gives us:

85 + [ 85/6% * [ 1 - 1.06^(-n) ] > 850 <=> 1 - 1.06^(-n) > 0.54 <=> 1.06^(-n) < 0.46 <=> -n < -13.33 <=> n > 13.33.

This indicates that the subscriber needs to live beyond 14.33 years (13.33 + 1 additional year for the next subscription) for the lifetime subscription to be the wiser choice.

Thus, option a is correct.

You might be interested in
Tyrion and Alchemist make a contract where Tyrion will pay $20,000 for 5.000 gallons of wild fire. Alchemist promises to deliver
Free_Kalibri [3472]

Response:

The solution is: c. $ 27,000.

Clarification:

A breach of contract occurs when either side fails to abide by the contractual terms without a valid reason.

One type of breach is called the Material.

This refers to any party's failure to meet their contractual obligations, recognized as one of the most severe breaches. If a significant term is breached, the injured party may seek compensation.

In this scenario, since there was a contract involving a monetary disbursement that was not honored by the other party, Tyrion has grounds to claim damages in addition to what was originally paid, entitling him to recover $ 27,000 from Alchemist.

The solution is: c. $ 27,000.

3 0
27 days ago
Read 2 more answers
Potentially hazardous foods on their way for delivery to your establishment must be kept at what maximum temperature?
marusya05 [3422]

Answer:

Option A, 135 Degree Fahrenheit, is the right answer.

Explanation:

Foods deemed potentially hazardous are those that necessitate temperature control to ensure they remain safe for consumption, even after several days. These foods include meat (both raw and cooked), dairy items such as milk and custards, seafood, along with both raw and processed vegetables or fruits, as well as cooked cereals, pastas, and rice. Such items are classified as hazardous. To maintain their safety for later usage, these foods must be kept at or below a maximum temperature of 135 Degree Fahrenheit.

8 0
1 month ago
Global use of cell phones grew rapidly between 1989 and 2000. below is a scatterplot of the percentage of people in the world wh
Scilla [3549]

Answer:

Explanation:

A)

The formula for regression is,

ln(Cell Phone Subscribers) = -820.894 + 0.411704 Year

or,

Percentage of Cell Phone Subscribers = exp(-820.894 + 0.411704 Year)

For the year 2005,

Percentage of Cell Phone Subscribers = exp(-820.894 + 0.411704 * 2005)

= 96.79%

B)

The significance of the slope has a p-value close to 0 (0.000). Hence, the model holds statistical significance and its predictions are very reliable.

5 0
1 month ago
Access to sensitive or restricted information is controlled' describes which of the key communications and information systems p
Mariulka [3449]

Controlling access to sensitive or restricted information falls under the C. Security principle among the key communications and information systems concepts.

Additional details

NIMS Communications and Information Management involves sustaining situational awareness through a steady exchange of information.

Communication systems must possess Interoperability (ability to communicate across different agencies), Reliability (functional during emergencies), Scalability (effective on various incident sizes), Portability (based on uniform radio tech and protocols), Resilience (capable of operating despite infrastructure damage), Redundancy (alternative communication options if primary systems fail), and Security (safeguarding sensitive or classified data from unauthorized access).

Regarding Security, voice communications, data, networks, and systems require appropriate protection to regulate access to sensitive or restricted content since some incident details are confidential. Moreover, incident communication and data sharing must comply with privacy and data protection laws. For instance, law enforcement may handle sensitive personal or classified data, which needs safeguarding compliant with relevant legal requirements.

Additional resources

  1. Explore further on key communications and information systems principles at brainly.com/question/11863265

Details

Grade: 9

Subject: Business

Chapter: NIMS Communications and Information Management

Keywords: key communications and information systems principle

7 0
1 month ago
Read 2 more answers
Say you own an asset that had a total return last year of 11.65 percent. If the inflation rate last year was 2.75 percent, what
harina [3503]

Answer:

8.66%

Explanation:

The calculation for the real rate of return is displayed below:

Real rate of return = {(1 + nominal rate of return) ÷ (1 + inflation rate)} - 1

= {(1 + 11.65%) ÷ (1 + 2.75%)} - 1

= {(1.1165) ÷ (1.0275)} - 1

= 1.086 - 1

= 0.0866 or 8.66%

By applying the formula where the numerator is the nominal rate of return and the denominator is the inflation rate

6 0
1 day ago
Other questions:
  • A stadium charges $15 to park in the stadium parking lot, and $10 to park in the satellite lot. If the stadium wants to make $30
    11·1 answer
  • 1. Which of the following people is/are legally required to file a tax return?
    9·1 answer
  • Rashad consistently went above and beyond to meet his personal deadlines and to help other team members to ensure a recent produ
    10·1 answer
  • Which of the following is NOT a typical revenue model in the digital world? Freemium Subscriptions Channel marketing Licensing A
    14·1 answer
  • Kunkel Company makes two products and uses a conventional costing system. A single plantwide predetermined overhead rate is comp
    12·1 answer
  • The December 31, 2021, unadjusted trial balance for Demon Deacons Corporation is presented below.
    6·1 answer
  • Kei, a senior marketing manager of a pizzeria in North Florida, is currently researching electronic collections of consumer info
    15·1 answer
  • At john deere, thousands of people both inside and outside the organization make decisions about target segments, branding, prod
    9·1 answer
  • Cruella Inc. owns 85% of Horace Co. During 20X9, Cruella sells goods to Horace with a 25% gross profit. Horace sold all of these
    8·2 answers
  • Gabriella strongly prefers a specific brand of gourmet coffee. Since there is only one store in her area that sells her brand, s
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!