If you receive a fixed amount of money per year ( M=$4,400 as annuity) and the interest you could earn is 3% (I=3% (.03)) Over a long lifetime what would be the present value of this money ( the perpetuity) be worth— an approximation?

Answers

Answer 1

Based on the amount that is received per year and the interest one could earn, the present value is $146,667

The present value of a perpetuity is calculated as follows:

= Cash flow per year / Interest per year

Solving would give:

= 4,400 / 3%

= $146,667

In conclusion, the present value would be $146,667.

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Related Questions

what do we call judgments about people, situations, objects, or thoughts?

Answers

Answer:

We call these attitudes.

<3

Attribution theory is the study of people's judgments, explained further in the paragraph.

What is the attribution theory?

Attribution theory is concerned with how the social perceiver uses the information to reach causal explanations for events. It investigates how information is gathered and how it is combined in order to form a causal judgment. People, according to Heider (1958), are naive psychologists attempting to make sense of the social world.

Attribution theory is the study of people's judgments about whether someone else's behavior is due to something about that person or to the person's situation.

Therefore, the above statement explains the Attribution theory.

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How to calculate degrees of freedom.

Answers

Answer:

The most commonly encountered equation to determine degrees of freedom in statistics is df = N-1. Use this number to look up the critical values for an equation using a critical value table, which in turn determines the statistical significance of the results.

Explanation:

xmp-qite-xsy. girl jn shdnb I have​

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Answer:

what did you say are you ok

Ancient Rome problems and solutions please help!!

Answers

Answer:

What do you need to know about the problems about ancient rome?

Explanation:

The efforts described in the excerpt above can best be understood in the context of attempts to match democratic political ideals with social realities. attempts to match democratic political ideals with social realities. the development of distinctive cultures by various groups of people. the development of distinctive cultures by various groups of people. governmental and private efforts to promote the American System. governmental and private efforts to promote the American System. racist and nativist theories used to justify violence and segregation.

Answers

Considering the excerpt, the efforts described in it can best be understood in the context of attempts to match democratic political ideals with social realities.

This is because the Chief Justice Marshall tried to clarify the governmental power in the context of democracy and at the same time explain its application for social issues.

This can be seen when the Chief Justice Marshall explains the power of the nations, States, their responsibility to the people, and how they can use such powers to create social institutions like banks and incorporation.

Hence, in this case, it is concluded that the correct answer is option A. "attempts to match democratic political ideals with social realities."

Excerpt below:

"If any one proposition could command the universal assent of mankind, we might expect it would be this: that the government of the Union, though limited in its powers, is supreme within its sphere of action. This would seem to result necessarily from its nature. It is the government of all; its powers are delegated by all; it represents all, and acts for all. Though any one State may be willing to control its operations, no State is willing to allow others to control them. The nation, on those subjects on which it can act, must necessarily bind its component parts.... Although, among the enumerated powers of government, we do not find the word 'bank' or 'incorporation,' we find the great powers to lay and collect taxes; to borrow money; to regulate commerce; to declare and conduct a war; and to raise and support armies and navies...a government, intrusted with such ample powers...must also be instructed with ample means for their execution....We are unanimously of opinion, that the law passed by the legislature of Maryland, imposing a tax on the Bank of the United States, is unconstitutional and void."

Chief Justice John Marshall, McCullough v. Maryland, 1819

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one piece of evidence that supports the theory of plate tectonics is the discovery of what in both south america and africa?

Answers

i’m pretty sure it’s dinosaurs because the earth use to be one every country where together

which two art movements can be seen as precursors to postmodernism?

Answers

The two art trends that can be considered forerunners of postmodernism are Pop art and Minimalism. Forerunner indicates the another's approach.

What is Pop art and Minimalism?

Pop art is an art style that began in the mid- to late-1950s in the U.K. and U.S. By using imagery from popular and mass culture, such as advertising, comic comics, and routine mass-produced goods.

Minimalism is a postWorld War II art trend that emerged in post–World War II Western art, most notably in the 1960s and early 1970s with American visual arts.

That two art forms are the Postmodernism can be traced back to art movements. Therefore, the two art forms are the pop art and Minimalism.

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Define seasonal unemployment. class 9​

Answers

Answer:

Seasonal unemployment occurs when people are unemployed at particular times of the year when demand for labour is lower than usual. Seasonal unemployment refers to a temporary window of time where the number of available employment opportunities decreases.

it is a temporary window of time where the number of available employment opportunities decreases.

In one to two sentences, explain how the Enlightenment influenced the American Revolution.

Answers

Answer:

The Enlightenment challenged the old ways of thinking, and it made people think about new ideas.

Explanation:

list the name of the member countries of SAARC​

Answers

Answer:  Afghanistan, Bangladesh, Bhutan, India, the Maldives, Nepal, Pakistan and Sri Lanka are its members. Australia, People's Republic of China, European Union, Islamic Republic of Iran, Japan, Republic of Korea, Mauritius, Myanmar, and USA are observers in SAARC.

What is the Ethnologue?

Comprehensive list of languages
Comprehensive list of world religions
Comprehensive list of astrological events
Comprehensive list of flood stories

Answers

Answer:

A. comprehensive list of languages.

Explanation:

I just took the test

The main home on a manor had a
next to it where the serfs
lived.
A. hut
B. village
C. city

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Mind rewriting this in the comments, I dunno how to answer it unless I can read it properly.

The elections in 2018 and 2020 showed what new trend in the geographic strengths of the political parties

Answers

Answer:

growing influence of democrats in suburbs

What is social awareness.

Answers

Answer:

Social Awareness is the ability to take the perspective of and empathize with others from diverse backgrounds and cultures, to understand social and ethical norms for behavior, and to recognize family, school, and community resources and supports.

Which statement about Washington's relations with the Native Americans is true? Washington believed that the Constitution prevented the national government from making treaties with the Native Americans.
Washington made treaties and had a mutual respect with many Native Americans, but he also encouraged their assimilation.
Washington approved treaties with Native Americans only if they provided protections for indigenous lands.
Washington refused to make treaties with any Native American groups and sent in troops to remove them from their lands.

Answers

The statement about Washington's relations with the Native Americans from the list of available options which is true is:

B. Washington made treaties and had a mutual respect with many Native Americans, but he also encouraged their assimilation.

According to the given question, we are asked to state the statement about Washington's relations with the Native Americans from the list of available options which is true.

As a result of this, we can see that George Washington was eager to sign treaties with the Native Americans so that they would give up most of their lands and also assimilate among themselves. This was achieved under the Pinckney's Treaty

Therefore, the correct answer is option B

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Answer:

B

Explanation:

I took the test on k12 and got it right

Who were the three main gods of Hinduism?


A. Brahma, Vishnu, and Shiva


B. Rama, Brahma, and Vishnu


C. Vishnu, Brahma, and Ganesha


D. Brahma, Shiva, and Ganesha

Answers

Answer:

um it's option A.

hope helpful <3 ;)

Answer:

A. Brahma, Vishnu, and Shiva

Which of the following Constitutional Amendments protect the rights of the accused?

Select ALL that appply

Question 3 options:

Eighth Amendment


Fourth Amendment


Sixth Amendment


Third Amendment

Answers

Answer:

the sixth amendment

Explanation:

it guarantees the rights of criminal defendants, including the right to a public trial without unnecessary delay

What were the fragments of Ottoman Empire?​

Answers

Answer:

At its height, the Ottoman Empire included the following regions: Turkey. Greece. Bulgaria.03-Nov-2017

Explanation:

Give three formal or informal limits on the power of the president. Briefly explain how each limits the power of the president.

Answers

Answer:

1.Interdependancy

2.Imaginative

Explanation:

1.Since you are the president everyone wants you to make accurate decisions and if you fail they criticise you.

2.For you to lead a country you need to have an imaginative view of where the country is headed to or else you'll find your self stuck.

I need help finding this worksheet online

Answers

Answer:

Answer KEY

Explanation:

Take This Half of the link and paste it with other link i couldnt do it all in one because brainly said it had innapropiate words

https:/champion

how long do you have to wait to retake a driving test

Answers

Answer:

7 Days you have to wait.

Please mark as brain list

Michael, age 50, has noticed a hearing loss, especially at high frequencies. He feels that his hearing is not as sharp as it once was. Michael probably has a condition called Group of answer choices

Answers

Answer:

presbycusis

Explanation:

presbycusis is the gradual loss of hearing in both ears. It's a common problem linked to aging

Personal biases that interfere with objective rationality in decision making are called _______ biases.

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Personal biases that interfere with objective rationality in decision making are called psychological biases.

Choose all of the bodies of water that are correctly associated with Latin America.A)Amazon RiverB)Bay of BengalC)Atlantic OceanD)Gulf of MexicoE)Mississippi River

Answers

Based on the geographical knowledge, the correct answers go thus:

The bodies of water that are correctly associated with Latin America are:

A)Amazon RiverC)Atlantic OceanD)Gulf of MexicoE)Mississippi River

Latin America

It is the sides of the Americas consisting countries and regions where Romance languages—languages that have their origin from Latin—such as Spanish, Portuguese, and French are predominantly spoken. The name is used for those places once ruled under the Spanish, Portuguese, and French empires.

In conclusion, we can conclude that the correct answers are as given above.

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how many members are currently in the house of representatives?

Answers

Answer:

435 serve in the U.S. House of Representatives.

Explanation:

customer throws hot soup in cashier’s face after plastic lid melted, texas cops say:

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Answer:

thats illegale buddy come with me

Explanation:

im a cop

Answer:

why you did this... don't you know the rules here

69 POINTS + BRAINLIEST FOR FIRST CORRECT ANSWER

Use the following image to answer the question.

Flowchart with 6 boxes. Box A sits at the very bottom of the left side of the flowchart, which flows into Box B. Box B flows into Box C. Box C flows into Box D. On the bottom of the right side of the flowchart, Box F flows into Box E, and Box E flows into Box D. Box D is the highest point in the flowchart.

Johnny loses his case in an Ohio trial court. He wishes to appeal his case decision. Which section of the diagram represents the next court he could request to hear his case?

D
A
C
B

Answers

Answer:

you need to upload the image

Explanation:

Answer: Its D (aka B)

Explanation: did the civics test

1. Give an example of how an attitude may influence an
individual's behavior in a group.
2.
Give an example of how an attitude may influence an
individual's behavior toward a group or a nationality.

Answers

Explanation:

the people who shows attitude only influence their behaviour in the group by the notorious behaviour or Bad Influence in a group because one individual can also give bad effects

Texas was the ___________ state to join the union.

Answers

Answer:

I think it was the 28th

Explanation:

Either the 28th or 29th.

leaning more to 28

A limitation of research investigating massed vs. distributed practice is: The lack of a retention or transfer test Retention intervals that are not sufficiently long Too many practice trials Inappropriate tasks to be learned

Answers

The common problem of the research investigating the massed vs. the distributed practice is the lack of a retention or transfer test.

The research which intends to investigates the massed refers to one that  targets a large population at a time  

The research which intends to investigates the distributed refers to one that target the different section of the large population

However, the common limitation of the two research is lack of a retention or transfer test in the investigation.

Therefore, the Option A is correct.

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