How much would be needed today to provide an annual amount of $50000 each year for 20 years, at 9% interest each year? O a. $546,000 O b. $456,427 O c. $645,000 O d. $456,000

Principles of Accounting Volume 2
19th Edition
ISBN:9781947172609
Author:OpenStax
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Chapter11: Capital Budgeting Decisions
Section: Chapter Questions
Problem 11EB: How much would you invest today in order to receive $30,000 in each of the following (for further...
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How much would be needed today to provide an annual amount of $50000 each year for 20 years, at 9%
interest each year?
a. $546,000
O b. $456,427
O c. $645,000
O d. $456,000
Transcribed Image Text:How much would be needed today to provide an annual amount of $50000 each year for 20 years, at 9% interest each year? a. $546,000 O b. $456,427 O c. $645,000 O d. $456,000
A selling price for a product is given by the equation p=$87.5-0.02(D), and the Cv = $15.5,the optimal demand
that maximized revenues:
O a. $1800
O b. $2187.5
O c. $87.5
O d. Zero
Transcribed Image Text:A selling price for a product is given by the equation p=$87.5-0.02(D), and the Cv = $15.5,the optimal demand that maximized revenues: O a. $1800 O b. $2187.5 O c. $87.5 O d. Zero
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