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Oxana
6 days ago
15

What is the value today of $4,400 per year, at a discount rate of 8.3 percent, if the first payment is received 6 years from tod

ay and the last payment is received 20 years from today
Business
1 answer:
Nady [3.2K]6 days ago
4 0

Answer:

Present Value = $290.20

Explanation:

To determine the present value of a future sum, you can use this formula:

PV = FV / (1 + i)N

In this equation, i represents the annual interest or discount rate, while t signifies the years until the payment is acquired.

PV = Present Value =?

FV = Payment = $4,400

i = 8.3% = 0.083

N = 20 - 6 = 14

PV = $4400 / (1 + 0.083)(20 - 6)

PV = $4400 / (1.083 * 14)

PV = $4400 / 15.162

PV = $290.1992

Present Value = $290.20 (Rounded)

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Which revision eliminates the pronoun shift in the sentence below? if a student wishes to go on the field trip, they must bring
Scilla [3549]
Answer;
To attend the field trip, a student must submit a permission slip.

Explanation; 
This is due to the fact that a singular noun like student requires a singular pronoun. The subject and verb must be in agreement, meaning instead of using the plural pronoun they with a singular noun, the correct pronouns are he or she.[[TAG_9]]
3 0
15 days ago
Read 2 more answers
Consulting life (10 points) Mt. Kinley is a strategy consulting firm that divides its consultants into three classes: associates
soldi70 [3439]

Answer:

A. 50

B. 4%

Explanation:

To determine the number of new MBA graduates that Mt. Kinley must recruit annually, we calculate the flow rate of associates by dividing the average number of associates by the flow time for associates.

Requirement A:

Flow rate of associates = Average inventory of associates / Flow time of associates

Flow rate of associates = 200/4

Flow rate of associates = 50

Thus, the company needs to hire 50 new MBAs each year.

Requirement B

The likelihood of an associate advancing to partner is 20% x 20%

This results in a probability of 4% for an associate to become a partner

Therefore, the probability that a new employee at Mt. Kinley will be promoted to partner stands at 4%

Working

The manager flow rate equals the average inventory of managers divided by their flow time

The flow rate of managers = 60/6

The flow rate for managers totals 10 per year

For partners, the flow rate is calculated as the average inventory of partners divided by their flow time

The flow rate of partners = 20/10

This results in 2 partners per year

The probability of an associate becoming a manager is given by 10/50

yielding a probability of 20%

The chances of progressing to partner stands at 2/10

indicating a 20% chance of becoming a partner

3 0
13 days ago
Which of the following would likely result from a Malaysian quota on peanuts imported from the United States? The price of peanu
Scilla [3549]
Peanut prices in Malaysia would be expected to rise.
8 0
14 days ago
Suppose that on March 1, 2014 Cardullo's purchased an order of German chocolate from a supplier for $250, but didn't pay cash fo
soldi70 [3439]

Answer:

Debit Merchandise Inventory $250

Credit Accounts Payable $250

Explanation:

On the purchase date, the correct action is to recognize the $250 owed to the supplier for the German chocolate by crediting accounts payable and debiting merchandise inventory with the same amount.

When the payment occurs on March 31, 2014, the accounts payable will be cleared by a debit, and the cash account will be credited with $250 to reflect the cash outflow from the business.

6 0
1 month ago
Burrito King (a new fast-food franchise opening up nationwide) has successfully automated burrito production for its drive-up fa
marusya05 [3433]

Response:

(A)0.6600 (B) 1.325 (C) 0.997 or 1 minute

Clarification:

Resolution

It's provided that:

The fixed production time = 30 seconds

The customer arrival time determined by the Poisson distribution is = 45 seconds

Now,

(A) We calculate the typical line length of vehicles

The formula is as follows:

Lq = λ²/ 2μ ( μ -λ)

In this equation,

λ = signifies the average arrival rate

μ = denotes the average service rate

We first determine the average arrival rate as shown below:

The average arrival rate λ = arrival rate/ 60 seconds

= 60/45

= 1.33 customers per minute

Next, we find the average service rate which is detailed below

The average service rate μ = 60 seconds/ average rate

= 60/30 = 2 customers per minute

Now we will calculate the average line length in vehicles as shown here:

Lq = λ²/ 2μ ( μ -λ)

Lq = 1.33²/2*2 (2-1.33)

Lq = 1.7689/4 (0.67)

Lq = 1.7689/2.68

Lq = 0.6600

Thus, the average line length for vehicles is 0.6600 cars

(B) We calculate the average number of vehicles in the entire system

Ls = Lq + λ /μ

Ls = 0.600 + 1.33/2

Ls = 0.6600 + 0.665

Ls = 1.325

(C) Lastly, we need to ascertain the expected average duration in the system outlined here:

Ws = Ls/λ

Ws= 1.325/1.33 = 0.997 or 1.00

The predicted average duration in the system is 0.997 or 1.00 minutes.

3 0
9 days ago
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