Suppose a pension company sells a different kind of annuity. if you buy this annuity, then you will get $45,000 per year for 30 years. but the first cash-flow will be made 5 years from your purchase of the annuity. the interest and discount rates are 2%/year, compounded annually. what is the present value of this annuity? (hint: you need to take 2 steps to find the present value of this different kind of annuity. compute the present value of this annuity at 4 years from now, not as of today, using the standard annuity formula. then, compute its present value (as of today) again using the present formula for a single cash-flow treating the answer from the first step as one hypothetical single cashflow in 4 years.) 1. $931,088.84 2. $933,088.84 3. $935,088.84 4. $937,088.84 5. $939,088.84

Analyzing operational changes operating results for department b of delta company during 2016 are as follows: sales $540,000 cost of goods sold 378,000 gross profit 162,000 direct expenses 120,000 common expenses 66,000 total expenses 186,000 net loss $(24,000) suppose that department b could increase physical volume of product sold by 10% if it spent an additional $18,000 on advertising while leaving selling prices unchanged. what effect would this have on the department's net income or net loss? (ignore income tax in your calculations.) use a negative sign to indicate a net loss answer; otherwise do not use negative signs with your answers. sales $answer cost of goods sold answer gross profit answer direct expenses answer common expenses answer total expenses answer net income (loss) $answer