Business, 16.12.2019 19:31 thatcommondumbgirl

Yamaha inc. hires a new chief financial officer and promises to pay him a lump-sum bonus four years after he joins the company.
the new cfo insists that the company invest an amount of money at the beginning of each year in a 7% fixed rate investment fund to insure the bonus will be available.

to determine the amount that must be invested each year, a computation must be made using the formula for: (a) the future value of a deferred annuity.(b) the future value of an ordinary annuity.(c) none of these answer choices are correct.(d) the future value of an annuity due.

Answers: 1

Show answers

Other questions on the subject: Business

Business, 22.06.2019 10:10, travisvb

Ursus, inc., is considering a project that would have a five-year life and would require a $1,650,000 investment in equipment. at the end of five years, the project would terminate and the equipment would have no salvage value. the project would provide net operating income each year as follows (ignore income taxes.):

Answers: 1

continue

Business, 22.06.2019 12:40, payshencec21

Alarge tank is filled to capacity with 500 gallons of pure water. brine containing 2 pounds of salt per gallon is pumped into the tank at a rate of 5 gal/min. the well-mixed solution is pumped out at the same rate. find the number a(t) of pounds of salt in the tank at time t.

Answers: 3

continue

Business, 22.06.2019 14:00, gcristhian8863

Which of the following would be an accurate statement about achieving a balanced budget

Answers: 1

continue

Business, 22.06.2019 19:00, michael1498

It is estimated that over 100,000 students will apply to the top 30 m. b.a. programs in the united states this year. a. using the concept of net present value and opportunity cost, when is it rational for an individual to pursue an m. b.a. degree. b. what would you expect to happen to the number of applicants if the starting salaries of managers with m. b.a. degrees remained constant but salaries of managers without such degrees decreased by 20 percent

Answers: 3

continue

You know the right answer?

Yamaha inc. hires a new chief financial officer and promises to pay him a lump-sum bonus four years...