your winnings? Answer: (It is an annuity of 50’000 each year for 20 years) Exercise 3 Rusty Steele will receive an annuity of $10‚000 for the next 10 years; at the end of the next three years (that is year 11‚ 12‚ 13) he will get the following payments: $4‚000‚ $7‚000‚ and $9‚000. At a discount rate of 10 percent‚ what is the present value of all future benefits? Answer: In this case we have an annuity of 10000 for 10 years and then 3 single cash flows of 4000‚ 7000‚ and 9000 for years 11‚ 12
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Even though e-cash still has too many risks‚ the foremost reason that it hasn’t become a more popular form of payment is that the lack of government involvement. The lack of government involvement is mainly because of seigniorage. Seigniorage is the interest earned by the government on the face value of money while it is in circulation or it is in people’s pocket. Every year federal government earns billions of dollars in seigniorage from paper bills and metal coins. Since there is no seigniorage
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shall pay the seller one third of \150‚000‚000 in cash as a deposit by HSBC on the 8th of February. The next payment‚ the rest 2 third of \150‚000‚000 shall be made on the registration day‚ 1st of March. 2.3 If the seller might not perform the obligation of transferring registration of the detached house or assignment of the detached house‚ she shall compensate double of initial payment (\50‚000‚000*2=\100‚000‚000) in cash by HSBC. 3. Newly moving House. The house which the seller is supposed
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CLASS QUESTION 2 Matthew and Sarah Weisner recently leased space in the Plaza Shopping Center and opened a new business‚ Weisner’s Ice Cream Shop. Business has been good but the Weisners frequently run out of cash. This has necessitated late payment on certain ice cream orders‚ which in turn is beginning to cause a problem with suppliers. The Weisners plan to borrow from a bank to have cash ready as needed‚ but first they must forecast how much cash will be needed. Therefore‚ they have decided
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whether costs or potential costs associated with the provision should be included in minimum lease payments: 1. Fees paid in connection with negotiating lease agreement and legal fees. Big Bear pays Stipe‚ Berry‚ Mills and Buck LLP‚ its external legal counsel $500‚000 in connection with negotiating the lease agreement and $1‚000‚000 of legal fees incurred by Golaiath Co. 2. Penalty payment caused by default under the primary credit arrangement. If Big Bear‚ due to a material adverse change
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supply the chicken to Cold Gold S/B even though the customer credit limit has exceeded. The marketing department didn’t follow the procedure on credit sales term (to ensure the customer didn’t exceed the credit limit) Collection of payment from the customer (each payment must be documented) 3. The employees The debtors & creditors Customer & the public Government The BOD didn’t held any meeting to discuss about En Selamat actions. En. Selamat didn’t take any appropriate actions regarding
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consequences of having them. Consequently‚ young adults are being caught in the unawares and thrown head first into the credit trap. Credit cards are damaging to uninitiated students and should not be pedaled anywhere on college campuses. High card payments and interest rates are some of the first things an unsuspecting student has to contend with. With the uninitiated spending that comes from reckless abandon that gives the average college student the ability to go out to the bars/clubs‚ buy
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Case 1: Marty and Laura Hall Financial Analysis Dan Roth Consultants: Your name here. Introduction The Hall’s‚ a somewhat newly married couple‚ have been throwing caution to the wind financially speaking. Instead of investing their money and saving for the future they have been living more of champagne life on a beer budget. Now they are expecting their first child and realize they must “wake up and smell the coffee!” in order to have a financially stable future and reach future goals
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files; creation of master lists and other special reports; fee assessments and balances; departmentalized accounts receivable reports; class schedules; and record updates.Computer generated enrollment solutions afford students choices like options for payment 24/7 that can benefit the whole operation. Systems typically include data protection and backup frameworks. Student enrollees have access to their personal information only. School personnel are able to keep up with teacher and student photos‚ grade
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000.00 $1‚000.00 $1‚000.00 $1‚000.00 $1‚000.00 $1‚000.00 $1‚000.00 $1‚000.00 $1‚000.00 $1‚000.00 $1‚000.00 $12‚000.00 Utilities $250.00 $136.00 $146.00 $150.00 $142.00 $155.00 $270.00 $290.00 $267.00 $260.00 $210.00 $200.00 $200.00 $2‚426.00 Car Payment $300.00 $300.00 $300.00 $300.00 $300.00 $300.00 $300.00 $300.00 $300.00 $300.00 $300.00 $300.00 $300.00 $3‚600.00 Insurance $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $100.00 $1‚200.00 Student Loans
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