# What is the present value of: Use Appendix B as an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. \$8,200 in 12 years at 8 percent? b. \$18,500 in 7 years at 11 percent? c. \$28,000 in 16 years at 9 percent?

Instructions are listed below.

Explanation:

Giving the following information:

What is the present value of:

PV= FV/(1+i)^n

a. \$8,200 in 12 years at 8 percent

PV= 8,200/(1.08)^12= 3,256.33

b. \$18,500 in 7 years at 11 percent?

PV= 8,910.68

c. \$28,000 in 16 years at 9 percent?

PV= 7,052.35

## Related Questions

in 2019, Norma sold Zinc, Inc., common stock for \$100,000 cash and a note receivable for \$900,000. The note was due in 2020 with accrued interest at the Federal rate. Norma's basis in the stock was \$250,000. This was Norma's only installment sale transaction. Which of the Following statements is correct

A) Norma cannot use the installment method to report her gain if the stock is listed on the New York Stock Exchange.

Explanation:

Usually if you sell a capital asset on installments, and the buyer is given more than 1 year to pay the installments, you can spread the capital gains taxes over the period in which you receive the installments. E.g. if you receive 10 yearly payments, you will pay capital gains based on each yearly payment received, and not in a single lump sum. The installment method is only valid for reporting gains, it is not valid for reporting losses.

But the IRS Publication 537 also establishes that:

"You can’t use the installment method to report gain from the sale of stock or securities traded on an established securities market. You must report the entire gain on the sale in the year in which the trade date falls."

Since Norma sold stock traded at the NYSE, then she cannot use the installment method to report her capital gains.

A ________ is any formula, pattern, physical device, idea, process, or other information that provides the owner of the information with a competitive advantage in the marketplace. copyright patent trademark trade secret certification mark

Explanation: A trade secret is any privileged information that gives a person or organisation an edge above others in the same line of business.

Trade secret includes method of sales, distribution pattern, customers database that is not known to any other person.

Trade secret by law is all forms of economic, financial, scientific, business and technical information not known to any other person about a product or service.

It includes, patterns, ideas, process, method, design, prototype, codes, programs,  plans and program device.

Maturity Dates of Notes Receivable Determine the maturity date and compute the interest for each of the following notes: (Use 360 days for interest calculation. Round to the nearest dollar.) Date of Note Principal Interest Rate (%) Term Maturity Rate Interest (\$) August 5 \$6,000 8 120 days December 3 \$160 May 10 \$16,800 7 30 days June 9 \$98 October 20 \$25,000 9 45 days December 4 \$281.25 July 6 \$4,500 11 60 days September 4 \$82.50 September 15 \$9,000 9 75 days November 29 \$168.75

1.   Maturity Date December 3       Interest      \$160
2.  Maturity Date June 9         Interest               \$98
3.  Maturity Date December 4       Interest       \$281.25
4.    Maturity Date September 4         Interest     \$82.50
5.   Maturity Date November 29         Interest     \$168.75

Explanation:

Working

Principal of the Note * Annual Interest Rate * Time= Interest

1.   \$6,000  * 8  * 120 days/360  =        \$160
2.   \$16,800 *  7  * 30 days/360  =       \$98
3.    \$25,000 * 9 *    45 days/360 =           \$281.25
4.    \$4,500 *   11   *    60 days/360 =             \$82.50
5.     \$9,000  *   9    *      75 days /360 =   \$168.75

Date of Note         Principal Interest Rate (%) Term Maturity Rate Interest (\$)

August 5                \$6,000           8                           120 days           \$160

Maturity Date December 3       Interest      \$160

May 10                     \$16,800            7                        30 days               \$98

Maturity Date June 9         Interest               \$98

October 20              \$25,000          9                            45 days           \$281.25

Maturity Date December 4       Interest       \$281.25

July 6                          \$4,500            11                        60 days             \$82.50

Maturity Date September 4         Interest     \$82.50

September 15              \$9,000            9                            75 days        \$168.75

Maturity Date November 29         Interest     \$168.75

Maturity Date Computation=

Days In August =                                31

Minus the date of Note =                   5

Days Remaining in August                26

Maturity Date of Dec 3                         3

Period of the note in days                  120 days

Days In May =                                    31

Minus the date of Note =                   10

Days Remaining in May                      21

Maturity Date of June 9                       9

Period of the note in days                  30 days

Days In October =                               31

Minus the date of Note =                   20

Days Remaining in October               11

Maturity Date of Dec 4                        4

Period of the note in days                45 days

Days In July     =                                31

Minus the date of Note =                   6

Days Remaining in July                     25

Maturity Date of Sept 4                      4

Period of the note in days                  60 days

Days In September =                         30

Minus the date of Note =                   15

Days Remaining in September          15

Maturity Date of  Nov 29                   29

Period of the note in days                 75 days

Architect What are the 3 abilities listed under Architect?

visualization, fluency of ideas and deductive reasoning

gross body equilibrium, extent flexibility, and problem sensitivity

manual dexterity, trunk strength, and multi-limb coordination

negotiation, active listening, and critical thinking

The three skills that are listed for architect are critical thinking, ___________ and active listening.

The minimum level of education required for an architect is:

High school diploma

Associates degree

Bachelor’s degree

Master’s degree

True or False: An architect position requires an internship or residency.

Roofer

The minimum level of education required for an architect is:

No formal education required

Associates degree

Bachelor’s degree

Master’s degree

How many projected openings are there currently for roofers in Ohio?

600

650

7000

150

What are the 3 Skills listed for a roofer?

negotiation, active listening, and critical thinking

coordination, active listening, and critical thinking

visualization, fluency of ideas and deductive reasoning

complex problem solving, analytical reasoning, leadership

True or False: One of the personality traits listed for a roofer is independent.

Welders, Cutters, & Welder Fitters

What is the Ohio average yearly pay for a welder?

\$24,260 – \$48,680

\$63,370 – \$81,830

\$28,740 – \$45,120

\$33,250 – \$47,950

What 3 important skills are listed under welder?

coordination, active listening, and critical thinking

active listening, critical thinking, and reading comprehension

critical thinking, monitoring, and operation & control

deductive reasoning, monitoring, and design

What level of education is required for a welder?

High school diploma

Associates degree

Bachelor’s degree

Master’s degree

True or False: A welder might also be required to complete a moderate amount of on-the-job training.

Cement Mason & Concrete Finishers

How many cement masons and concrete finishers are currently employed in Ohio?

3,100

5,500

10,500

4,720

What 3 abilities are listed for a cement mason?

Manual dexterity, trunk strength, and multi-limb coordination

Visualization, Fluency of ideas and Deductive reasoning

Mathematics, building/construction, and English language

Coordination, active listening, and critical thinking

What is the median typical hourly wage for a welder in Ohio?

\$14

\$34

\$22

\$21

True or False: One of the personality traits listed for a cement mason is attention to detail.

Cost estimators

What 3 important skills are listed under cost estimator?

coordination, active listening, and critical thinking

mathematics, critical thinking, and reading comprehension

critical thinking, monitoring, and operation & control

deductive reasoning, monitoring, and design

In Ohio, what is the typical salary for a cost estimator who is in the top 10%?

\$36,130

\$98,100

\$107,940

\$17/hour

What level of education is required for a cost estimator?

High school diploma

Associates degree

Bachelor’s degree

Master’s degree

How many cost estimators are currently employed in Ohio?

11,140

1,210

10,140

1,021

Product Safety Engineers

What is the Ohio average yearly pay for a product safety engineer?

\$24,260 – \$48,680

\$63,370 – \$81,830

\$28,740 – \$45,120

\$71,180 – \$112,650

What level of education is required for a product safety engineer?

Bachelor’s degree

High school diploma

Associates degree

Master’s degree

True or False: Product safety engineer requires on the job training.

The three areas of knowledge that are required for a product safety engineer are:

critical thinking, monitoring, and operation & control

arm-hand steadiness, near vision, and control precision

engineering & technology, English language, and design

production & processing, design, administration & management

I don't really know the answers either.

I do know that the level of education required for a cost estimator is a Bachelor's degree, same with the product safety engineer.

Also, to become a welder, the minimum education required is a High-school Diploma.

The three skills listed for an Architect are > negotiation, active listening, and critical thinking.

There is also no education required to be a roofer.

Product safety engineer requires on the job training. < TRUE!

One of the personality traits listed for a roofer is independent.

^ THIS IS FALSE ^

A welder might also be required to complete a moderate amount of on-the-job training. < TRUE!

I hope that could of helped you guys, I did not want to give any wrong answers. So these are the only ones I know for sure are correct!

During the first half of the 1800s, the U.S. economy experienced explosive growth in output and trade, and a rise in the standard of living for many Americans. This dynamic and expansive growth was, in part, a consequence of the rise of factories, a transportation revolution via canal and rail, a communications revolution spurred by invention of the telegraph, increasing agricultural yields and the mechanization of farm equipment, a rising prosperity for financial institutions, and larger cities. Historians call this new economy:

Explanation:

Market economy is referred to as or known as an economic system under which decisions in accordance with production, investment and distribution are mostly guided by price signals and thus are  created by forces of demand and supply. The major and vital characteristic of market economy is referred to as existence of factor that tends to play dominant role in distribution of capital and also factors of production.

Market Economy

Explanation:

In the economy of Talikastan in 2015, consumption was \$5300, GDP was \$8800, government purchases were \$1800, imports were \$600, and investment was \$2000. What were Talikastan's exports in 2015? a. -\$900
b. -\$600
c. \$200
d. \$300

Talikastan's exports in 2015 is \$ 300.

Explanation:

This question requires us to calculate export of Talikastan. We can easily determine export by putting value in the equation use for calculating gross domestic production of a country.

GDP  = consumption + investment +  spending + (exports – imports)

8800 = 5300 + 2000 + 1800 + export - 600

Export = \$ 300

Case X Case Y Case Z Cash \$ 2,700 \$ 290 \$ 1,400 Short-term investments 0 0 500 Current receivables 320 570 800 Inventory 2,325 2,140 3,350 Prepaid expenses 400 700 900 Total current assets \$ 5,745 \$ 3,700 \$ 6,950 Current liabilities \$ 2,340 \$ 1,380 \$ 3,850 Compute the current ratio and acid-test ratio for each of the following separate cases.

Explanation:

current Asset

X. Y. Z

\$ \$ \$

Cash. 2,700. 290. 1,400

Account Receivable. 320. 570. 800

Inventory. 2,325 2,140 3,350

Prepaid expenses 400 700. 900

Short term investment 0 0 500

Total 5,745 3,700 6,900

Current Liability

X. Y Z

\$ \$ \$

2,340 1,380 3,850

To calculate the current ratio

Current Asset/Current Liability

For X

5,745/2,340

=2.45

For Y

3,700/1,380

= 2.68

For Z

6,950/3,850

= 1.81

The current ratio for Y is higher than that of X & Z

Acid test ratio

Current Asset - inventory + prepayment /Current Liability

For X

5,745 - 2,325 + 400/2,340

= 3,820/2,340

= 1.6

For Y

3,700 - 2,140 + 700/1,380

= 2,260/1,380

= 1.6

For Z

6,950 -3,350 + 900/3,850

= 4,500/3,850

= 1.17

The level of solvency of case Z is higher than X & Y

Which reason best explains the purpose of natural monopolies? To avoid surpluses and shortages points
To control prices and avoid surpluses
To ensure efficiency and reliability in production
To reduce competition and control prices

The correct answer is To reduce competition and control prices

The purpose of a natural monopoly is to ensure the lowers possible prices which would not be able in a competing society.

I believe the answer is: To ensure efficiency and reliability in production

.

In natural monopolies, only one organization exist to control the selling and production of one type of product. Which mean the organization could afford to make amount the product whenever it please since there is no other competitors that the consumers could go to.

The ________________ party tends to garner much of its support from small business owners and corporations.