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 are the similarities and differences between developing an app as creative expression and trying to solve a problem with an app

Answers

Considering the process and functionalities, the similarities between developing an app as a creative expression and trying to solve a problem with an app include "it involves communicating new ideas."

Some other similarities between the two situations include the following:

Decision making;Creative thinking;Combining the program or app component, etc.

On the other hand, the some of the difference between the two situations include the following:

Developing an app to solve a problem involved testing the app for bugs. In contrast, developing an app as a creative expression does not require testing.

Also, developing an app to solve a problem involved maintenance of the app, while developing an app as a creative expression does not require maintenance.

Developing an app to solve a problem also needs marketing, while developing an app as a creative expression does not require marketing.

Hence, in this case, it is concluded that there are several similarities and differences between developing an app as a creative expression and trying to solve a problem with an app.

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Which ecosystem would scientists consider to be the most stable?

Answers

Answer:

Forests with a large variety of species are more productive and stable under stress than monocultures: scientists from the University of Freiburg have confirmed this with data from the world's oldest field trial on the diversity of tropical tree species.

According to Hindu tradition, what is the source of the Ganges River?


A. the Bay of Bengal


B. the Himalaya


C. the god Shiva's hair


D. the god Vishnu's hair

Answers

Answer:

D. the god Vishnu's hair

Explanation:

Confluence at Devprayag, Uttarakhand of the Alaknanda river (the source stream in hydrology because of its greater length) and the Bhagirathi river (the source stream in Hindu mythology). The headwaters of the river include: Mandakini, Nandakini, Pindar and the Dhauliganga, all tributaries of the Alaknanda

. In many African indigenous religions, ____________ are to be venerated and appeased through ceremony, for they can help or harm the living, depending on the latter’s behavior and commitments. Ancestors Ancestors Religious leaders Religious leaders, Kami Kami Sacred sites Sacred sites

Answers

African is known to have a lot of religious practices. . In many African indigenous religions, Ancestors are to be venerated and appeased through ceremony.

African traditional religion is composed of the worship of ancestor.  There is the funeral preparations, burial of the dead with ceremony.

Africans do believe in eternal existence of souls of the dead as ancestors and as such, there is periodic remembrance of ancestors. They also believe that ancestors do offer advice and bestow good fortune and honor on them.

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Name two types of cases head in state courts and in the federal states.

Answers

Answer:

Hear both civil and criminal matters, although many criminal cases involving federal law are tried in state courts

Explanation:

if you are parking with your vehicle facing downhill, you should turn your wheels toward the curb.

Answers

Answer:

True

Explanation:

If you keep the wheels facing straight, the car will start to roll downhill.

if a psychologist does little talking during his appointments and typically has his patients talk about their past, childhood, and whatever else comes to mind at that moment, he probably uses the ________ therapy approach.

Answers

The fact that the psychologist does little talking during his appointments but rather the patients talk about their past illustrates psychodynamic therapy approach.

Psychodynamic therapy simply means the psychological interpretation of emotional and mental processes. The primary focus is to simply show the unconscious content of the client's psyche.

Therefore, in a situation where a psychologist does little talking during his appointments and typically has his patients talk about their past, childhood, and whatever else comes to mind at that moment, he is using a psychodynamic therapy approach.

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Dimitris counselor told him that post secondary education can be expensive but can pay off in the long run, what does that mean

Answers

Answer:

The salary you will earn with a degree will pay back the cost of college over your career.

Explanation:

What led to the creation of the
Chinese Exclusion Act? (In
other words: what was going
on in the country that people
push for the creation of the
Chinese Exclusion Act?)

Answers

Answer: Many Americans on the West Coast attributed declining wages and economic ills to Chinese workers. Although the Chinese composed only . 002 percent of the nation's population, Congress passed the exclusion act to placate worker demands and assuage prevalent concerns about maintaining white "racial purity."

how to hang christmas lights on house without gutters

Answers

Answer:

Try tape and use an extinction cord to connect those lights,

Explanation:

Answer:

Hang the lights pointing up or down, just make sure they're all clipped in the same direction. If you don't have gutters, you can use the same clip to attach lights to your shingles instead. Simply flip the clip around.


Which country in Southwest Asia is MOST like the United States?
A
Turkey is the closest in theory because they have a presidential democracy that allows the citizens to vote for both the legeslature and the President.
B
Israel is the closest because even though they are a parlimentary democracy, they are a democracy
It is Saudi Arabia because even through they have a monarchy, the King listens to the people,
D
They are all equally close to the United States

Answers

Answer:

B

Explanation:

B is the answer

Israel is the closest because even though they are a parlimentary democracy, they are a democracy

It is Saudi Arabia because even through they have a monarchy, the King listens to the people,

Select the correct answer.
Saudi Arabia has an unlimited type of government. Read this excerpt about the treatment of women in Saudi Arabia, and then answer the question that follows.

The government of Saudi Arabia imposes heavy limits on the rights of women. It restricts female autonomy, as women aren’t allowed to travel or pursue higher education without the consent of a male guardian. Additionally, these women are banned from driving and participating in sports activities.

Based on the excerpt, why do you think it is important to limit the power of the government?

A.
to prevent citizens from abandoning their birth country
B.
to unite the citizens against external conflicts and threats
C.
to ensure that all citizens live up to their fullest potential
D.
to show citizens that the government’s power is absolute
E.
to encourage citizens to always obey government policies

Answers

Answer:

B

Explanation:

Hope it helps...

When a person is high on certain valued dimensions but low on others, status _____ exists. Group of answer choices uncertainty congruence certainty incongruence norm

Answers

When we find that a person has high status in certain valued dimensions and low status in others, this is Status Incongruence.

Status incongruence occurs:

When a person scores high in a several dimensions but low in others When a person has a job that does not match their characteristics

When status incongruence happens, it can lead to conflict in the workplace as jealousy may arise in coworkers that would be directed towards the person with status incongruence.

In conclusion, the situation described is status incongruence.

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In the context of group behavior,__________ is the concern that others are assessing one's behavior.

Answers

In the context of group behavior, evaluation apprehension is the concern that others are assessing one's behavior.

PLEASE ANSWER!! Which animal is NOT found in waters near the Dominican?

seals

dolphins

manatees

shrimp

Answers

seals are the ones not found in DR

in missouri, who may legally use a crossbow during an archery season?

Answers

Answer:

Crossbows are legal for everyone during all firearms hunting and archery seasons.

Explanation:

which south american mountain is the closest point on earth to the moon?

Answers

Answer:

Ecuador's Mount Chimborazo

in this system a person has little or no possibility of moving up social ladder called

Answers

I may be wrong but I believe social hierarchy

Answer:

social mobility because movement up or down the social hierarchy is called vertical social mobility

A country's _____ is the set of beliefs, values, and social norms shared by members of a society that determines what is socially acceptable.

Answers

A country's culture can be defined as a set of beliefs, values and social norms that are shared by the members of a society that helps to determine what is socially acceptable.

Culture can be described as the umbrella body that helps to determine what is acceptable in a given society. It can also be described as a way of life of people that are in a society.

The culture of a people are in terms of what they share such as knowledge, belief, laws, customs and their capabilities.

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What do the Supreme Court opinions in Plessy v. Ferguson and Brown v. Board of Education, as well as Lochner v. New York and United States v. Darby, have in common

Answers

Answer:D

Explanation:

Opinions in later years shifted to a different point of view from the earlier cases.

how many people jumped from the world trade centers

Answers

Answer:

there isnt an exact number.

Explanation:

Some people estimate at least 200, while

others estimate around 100

Susan is undergoing chemotherapy, which makes her feel nauseous. Now she feels nauseous the moment she walks into the doctor’s office. What is the unconditioned response in this situation?.

Answers

Considering the situation described above, the unconditioned response is Nausea.

This is because an unconditioned response is an action or response done naturally as a response or reaction.

The unconditioned response is generally an unlearned response that happens to the unconditioned stimulus.

Given that Susan feels nauseous when she walks into the doctor’s office, the unconditioned response is nausea.

Hence, in this case, it is concluded that the correct answer is "nausea."

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True or false? if a study utilizes a simple random sampling method, that means each member of the population of interest was equally likely to be selected as a study participant.

Answers

Answer =True
A researcher wants to take a simple random sample of about 5%
of the student body at each of two schools. The university has approximately 20,000 students, and the college has about 5000 students. Identify each of the following as true or false and justify your answer. a. The sampling variability is the same for both schools. b. The sampling variability for the university is higher than that for the college. c. The sampling variability for the university is lower than that for the college. d. No conclusion about the sampling variability can be stated without knowing the results of the study.

If a study utilizes a simple random sampling method, that means each member of the population of interest was equally likely to be selected as a study participant is a true statement

What do you mean by Method?

Method refers to a means of accomplishing anything, a mode, a technique, or a process, particularly a regular, systematic, precise way of teaching, exploring, or doing something else.

The Simple Random Sampling method is one of the greatest probability sampling approaches that aids in time and resource conservation. It is a trustworthy method of gathering data when each person in a population is chosen at random, just by chance.

A selection of participants from a population are chosen at random by the researcher using simple random sampling, a sort of probability sampling. Every person in the population has the same chance of being chosen. Then, data are gathered from as much of this random selection as possible.

Therefore, The statement is true."If a study utilizes a simple random sampling method, that means each member of the population of interest was equally likely to be selected as a study participant."

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According to demographic transition theory, fertility rates decline in industrialized societies due to:

Answers

Answer: the increased survival rates of infants and children

As per the demographic transition fertility rate decline in industrialized societies due to increased infertility of females due to pollution option(d) is correct.

What is Demographic transition?

The Demographic transition refers to theory which is related to the shifting of the historical shift from a higher birth as compared to the high death rate in a country.

Due to the rise in the infertility of females due to the population of the country the overall fertility rate goes on negative or declines in the society which are relatively industrialized.

Therefore Option(d) is correct.

The complete question is given to the image attached below.

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what happens when you put baking soda in your toilet

Answers

answer: so you can remove stains or unclog the toliet

what legendary voice actor played the roles of barney and dino?

Answers

Answer:

UR MOM

Explanation:

OOOOOOOOOOOOOOOOO!O!)))!)!)!

Why did Calhoun and the South see the Tariff of 1828 as such an abomination and raise threats of nullification over it?

Answers

Answer:

The tariff of 1828 raised taxes on imported manufactures so as to reduce foreign competition with American manufacturing. Southerners, arguing that the tariff enhanced the interests of the Northern manufacturing industry at their expense, referred to it as the Tariff of Abominations.

Explanation:

The polygraph does not detect lies, but it can detect A. criminals. B. psychopathy. C. guilt. D. arousal.

Answers

Polygraph detects fear, stress, or anxiety so for sure the answer is C.

Hope this helps :)

Nigel is a researcher who studies why humans conform to group norms, and what compels humans to obey authority figures. Nigel also studies the circumstances under which we will help a stranger. Nigel's area of social psychology research is called:

Answers

Our behavior is often influenced by the society.  Nigel's area of social psychology research is called social influence.

Social influence is made up of  the ways in which individuals alter their behavior to meet the demands of a social environment.

This influence is due to specific action, command, or request, but people also alter it.

It often focuses on how our behavior is affected by other people and some situational factors.

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What was the Louisiana Purchase?

Answers

Answer:

the Louisiana purchase of 1803 brought into the United States about $828,000 square miles of territory from France there by doubling the size of the young Republic what was known as at the time as the Louisiana Territory stretch from Mississippi River in in the East to the Rocky mountains in the west and form the Gulf of Mexico in the South to the Canadian border in North part or all of 15 states were eventually created from the land deal which is considered one of the most important achievements of Thomas Jefferson's presidency

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