Normandin Inc. has an unfunded pension liability of $575 million that must be paid in 20 years. To assess the value of the firm’s stock, financial analysts want to discount this liability back to the present. If the relevant discount rate is 6.8%, what is the present value of this liability?

Answers

Answer 1

The present value of this unfunded pension liability of $575 million in 20 years at a discount rate of 6.8% is $154,256,257.63.

What is the present value?

The present value of an asset or liability refers to its future value discounted from a future period to the present period.

The present value can be computed using the PV table or formula.

We can also use an online finance calculator to determine the present value of the unfunded pension liability, as follows:

Data and Calculations:

N (# of periods) = 20 years

I/Y (Interest per year) = 6.8%

PMT (Periodic Payment) = $0

FV (Future Value) = $575,000,000

Results:

PV = $154,256,257.63

Total Interest $420,743,742.37

Thus, the present value of this unfunded pension liability of $575 million in 20 years at a discount rate of 6.8% is $154,256,257.63.

Learn more about determining the present value at https://brainly.com/question/15904086

#SPJ1


Related Questions

A pair of shoes that normally sells for $74.88 goes on sale for 25% off. What is the sale price?

Answers

Answer:

$56.16

Step-by-step explanation:

74.88 times 0.75 =56.16

Answer:

$56.16

Step-by-step explanation:

To find the sale price, multiply the original price by 0.75:

74.88(0.75)

= 56.16

So, the sale price is $56.16

Ms. Halloween works in a factory. She receives a salary of $9.10 per hour and piecework pay of 15 cents per unit produced. Last week she worked 40 hours and produced 988 units. a. What was her piecework pay? What was her total hourly pay for the week? What was her total pay for the week? b. If her boss offered to pay her a straight $13 per hour and no piecework pay for the week, would she earn more or less than under the piecework pay system? c. What would her total weekly salary have been if she produced 0 units?

Answers

Answer:

1065.1

Step-by-step explanation:

Part a:

1. Halloween's piecework pay = $148.20

2. Halloween's total hourly pay for the week = $364

3. Halloween's total pay for the week = $512.20

Part b:

Total amount received for the week = $520 and she earns more when she get the straight salary on hourly basis.

Part c:

Halloween's hourly pay for 0 units production = $364

What is a salary?

Salary is a compensation or fixed amount of money paid to an employee by an employer in return for work performed.

For the given situation,

Halloween's salary received per hour = $9.10

Halloween's piecework pay per unit = 15 cents

Total work per week = 40 hours

Total unit produced per week = 988 units.

Part a:

1. Halloween's piecework pay = [tex](988)(15)[/tex]

⇒ [tex]14820 cents[/tex]

we know that $1 = 100 cents

⇒ [tex]\$148.20[/tex]

2. Halloween's total hourly pay for the week = [tex](40)(9.10)[/tex]

⇒ [tex]\$364[/tex]

3. Halloween's total pay for the week = [tex]364+148.20[/tex]

⇒ [tex]\$512.20[/tex]

Part b:

Halloween's boss offered to pay her a straight $13 per hour and no piecework pay for the week.

Total amount received for the week = [tex](40)(13)[/tex]

⇒ [tex]\$520[/tex]

Difference in pay = [tex]520-512.20[/tex]

⇒ [tex]\$7.80[/tex]

Thus, she earns more when she get the straight salary on hourly basis.

Part c:

If her production is 0 units, then she might get her hourly pay only.

⇒ [tex](40)(9.10)[/tex]

⇒ [tex]\$364[/tex]

Hence we can conclude that

Part a:

1. Halloween's piecework pay = $148.20

2. Halloween's total hourly pay for the week = $364

3. Halloween's total pay for the week = $512.20

Part b:

Total amount received for the week = $520 and she earns more when she get the straight salary on hourly basis.

Part c:

Halloween's hourly pay for 0 units production = $364

Learn more about salary and wages here

https://brainly.com/question/15282149

#SPJ2

The sum of two numbers is 15. Twice the large
number plus 4 times the smaller number is 24.
Find the large number.

Answers

x+y=15 which equals y=15-x
2x+4y=24
2x+4(15-x)=24
2x+60-4x=24
-2x=-36
x=18
the larger number is 18

Which professionals most directly use geometry In their work?
O A. accountants
© B. astronomers
O C. judges
© D.
pharmacists
O E. politicians

Answers

Answer:

Step-by-step explanation:

simplify the expression 4x+2-1/2x

Answers

answer 41x

Step-by-step

PLEASE HURRY!

Type the correct answer in each box.
The table shows Alice's age (a) and her daughter Martha's age (m). Complete the table and the equation.

Alice’s Age in Years
(a) Martha’s Age in Years
(m)
28 6
33 _
37 15
41 19
48 _


This equation relates Alice’s and Martha's ages in years.

Alice’s age (a) = Martha’s age (m) + _

Answers

Answer:

33-11

48-26

Alice’s age (a) = Martha’s age (m) + 22

Step-by-step explanation:

In order to find the blank spots you would need to find the difference in the filled spots. We are trying to figure out the difference which is subtraction.

28 - 6 = 22

To make sure we are correct we would do another problem.

37 - 15 = 22

So in order to find Martha's age when Alice was 33, we would subract 22.

33 - 22 = 11

Same when Alice was 48.

48 - 22 = 26

And the last equation is asking the difference between them, which would be 22.

Answer: 11 and 26

Step-by-step explanation:

hope this helps :)

Hellllllllppppp meeeee

Answers

Answer:

x=18°

Step-by-step explanation:

5x-18=4x

subtract 4x from both sides

x-18=0

add 18 to both sides

x=18°

PLEASEEEEEEEEEEEEE ANSWER THIS FASTTTTTTTTTTTTTTTT

Answers

Answer:

B 2:1

Step-by-step explanation:

It's math,I'll send u a picture!​

Answers

Answer:

suree.

Step-by-step explanation:

lemme see!! I wanna see!! I probably can’t help but I’ll try! :)

which is the graph of y - 3 = -2/3 (x+6)? PLEASE ANSWER QUICK IM TAKING A TIMED TEST

Answers

Answer:

the first graph

Step-by-step explanation:

the one with (0,-1) (-3,1) (3,-3)

In triangle ABC, one angle measures 68°, another measures 19°, what is the measure of the third angle? *

Answers

Answer:

93°

Step-by-step explanation:

In triangle ABC

one angle = 68°

Another angle = 19°

Let the third angle be X Then

x + 68° + 19° = 180° { being sum of angles of triangle }

x = 180° - 87°

x = 93°

The measure of the third Angle is 93°

Hope it will help :)

For each statement, write what would be assumed and what would be proven in a proof by contrapositive of the statement. Then write what would be assumed and what would be proven in a proof by contradiction of the statement.

a. If x and y are a pair of consecutive integers, then x and y have opposite parity.
b. For all integers n, if n² is odd, then n is also odd.

Answers

Answer:

a)

Given Statement - If x and y are a pair of consecutive integers, then x and y have opposite parity.

Proof by Contrapositive:

Assumed statement: Suppose that integers x and y do not have opposite parity.

Proven Statement: x and y are not a pair of consecutive integers.

Proof -

x = 2u₁ , y = 2u₂

Then

(x, x+1) = (2u₁ , 2u₁ + 1) = (Even, odd)

If y = 2u₁ + 1

Not possible

⇒x and y are not a pair of consecutive integers.

Hence proved.

Proof by Contradiction:

Assumed statement: Suppose x and y are not a pair of consecutive integers.

Proven Statement: Suppose x and y do not have opposite parity.

Proof -

If x and y are not a pair of consecutive integers.

⇒ either x and y are odd or even

If x and y are odd

⇒x and y have same parity

Contradiction

If x and y are even

⇒x and y have same parity

Contradiction

(b)

Proof by Contrapositive:

Assumed statement: Let n be an integer such that n is not odd (i.e. n is an even integer)

Proven Statement: n² is not odd (i.e n² is even)

Proof -

Let n is even

⇒n = 2m

⇒n² = (2m)² = 4m²

⇒n² is even

Hence proved.

Proof by Contradiction:

Assumed statement: Let n be an integer such that n² be odd.

Proven Statement:  suppose that n is not odd (i.e n is even)

Proof -

Let n² is odd

⇒n² is even

⇒n² = 2m

⇒2 | n²

⇒2 | n

⇒n = 2x

⇒ n is even

Contradiction

prove that Sn=n(n+1) for the sequence an=2n,where n is any positive integers​

Answers

Answer:

Proved

Step-by-step explanation:

Given

[tex]a_n = 2n[/tex]

Required

Prove that [tex]S_n = n(n+1)[/tex]

The given sequence is an arithmetic sequence.

The Sn of this sequence is:

[tex]S_n = \frac{n}{2}(a_1 + a_n)[/tex]

Calculate a1

[tex]a_n =2n[/tex]

[tex]a_1 =2*1[/tex]

[tex]a_1 =2[/tex]

So, we have:

[tex]S_n = \frac{n}{2}(a_1 + a_n)[/tex]

[tex]S_n = \frac{n}{2}(2 + 2n)[/tex]

Factor out 2

[tex]S_n = \frac{n*2}{2}(1 + n)[/tex]

[tex]S_n = n(1 + n)[/tex]

[tex]S_n = n(n + 1)[/tex] --- Proved

what is 445 + (67 x 958) x (3n - 31) x 67

Answers

Step-by-step explanation:

1

9

2

5

5

8

6

7

1

9

8

9

7

6

6

6

7

+

4

4

5

Which choice is equivalent to the product below? Square root of 8 Times Square root 5?

Answers

Answer:

Step-by-step explanation:

Fine the area of this figure.what two shapes can you decompose.

Answers

D. 52 cm; a rectangle and triangle

Steps are on paper

30. Which reason justifies the statement below?


A. Definition of Congruence
B. Angle Addition Postulate
C. Supplement Theorem
D. Definition of Vertical Angles

Answers

D definition of vertical angless
Yw

The correct reason for the statement ∠1 ≅ ∠2 will be;

⇒ Definition of Vertical Angles.

Option D is true.

What is Vertical angles?

When the two lines are crosses to each other at a point then the vertical angles are formed.

Given that;

∠1 and ∠2 are formed between two lines which crosses at a point.

Now,

The two lines are vertical lines which passes through a point and ∠1 and ∠2 are formed between them.

So, By definition of Vertical Angles;

∠1 ≅ ∠2

Therefore,

The correct reason for the statement ∠1 ≅ ∠2 will be;

⇒ Definition of Vertical Angles.

Learn more about the vertical angles visit:

https://brainly.com/question/12846141

#SPJ5

The senior class is making T-shirts as a fundraiser. The material needed to make each T-shirt costs $3.75. The students sell each shirt for $10.To increase sales, the students spend $350 on advertising. How many t-shirts must the students sell to breakeven?

Answers

Answer:

the number of t-shirts sold to breakeven is 56 t-shirts

Step-by-step explanation:

The computation of the number of t-shirts sold to breakeven is shown below:

= Fixed cost ÷ (Selling price - cost price)

= $350 ÷ ($10 -  $3.75)

= $350 ÷ 6.25

=  56 t-shirts

Hence, the number of t-shirts sold to breakeven is 56 t-shirts

Translate the following phrases into mathematical statements.
r ) is less than or equal to ten.

s )is more than negative one

t ) isn't the same as negative
five.

x ) is at most negative three.

y )is never one.

Answers

Answer:

[tex]r \le 10[/tex]

[tex]s > -1[/tex]

[tex]t \ne 5[/tex]

[tex]x \le -3[/tex]

[tex]y \ne 1[/tex]

Step-by-step explanation:

Required

Translate to mathematical statements

a) r is less than or equal to ten.

less than or equal means [tex]\le[/tex]

So, the expression is:

[tex]r \le 10[/tex]

b) s is more than negative one

More than means >

So, the expression is:

[tex]s > -1[/tex]

c) t isn't the same as negative  five.

isn't the same means not equal to ([tex]\neq[/tex])

So, the expression is:

[tex]t \ne 5[/tex]

d) x is at most negative three.

At most means [tex]\le[/tex]

So, the expression is:

[tex]x \le -3[/tex]

e) y is never one.

is never means not equal to ([tex]\neq[/tex])

So, the expression is:

[tex]y \ne 1[/tex]

14000.00 rate 8% 60 days simple interest​

Answers

Answer:186.66is answer

p=14000

r=8%

time=60days=2month/12=1/6year

Step-by-step explanation:

simple interest=ptr/100=14000×8×1/600=186.666

A rectangle has vertices A(1, 6), B(6, 6), C(6, 3) and D(1, 3). What is the "Area" of the rectangle?

Answers

Answer:

Step-by-step explanation:

Answer:

15

Step-by-step explanation:

Length times width. 3 is length and width is 5

a que numero micro corresponde 7/2​

Answers

Answer:

31/2 d nada xdddddddddddddddddddddddddddd

I need help with this question​

Answers

Answer:

2,540 miles

Step-by-step explanation:

The computation of the fewer miles is given below;

For Space explorer B

= 15,000 miles ÷ 5 hours

= 3,000 miles per hour

For space explorer A

y = 4,600 x

That means in one hour it covered 460 miles

So, the fewer miles would be

= 3,000 - 460

= 2,540 miles

how do you write this number 0.1709 in words?​

Answers

Answer:

0.1709 in words-

Point one seven zero nine

Please help with this area assignment​

Answers

Answer:

375

Step-by-step explanation:

15 times 25 equals 375

write a real-world problem given the equation 2/3x = 12. Then solve the equation.

Answers

Answer:

You want to buy long pieces of paper at Dollar Tree for 66 cents. You have $12. How many long pieces of paper can you buy

Step-by-step explanation:

El triple del mayor de tres números pares consecutivos, más 6 es igual al doble del menor. Encuentra el número mayor. Porfaaaa :(

Answers

Answer:

-14. Aunque podría estar equivocado. Espero poder ayudar

Step-by-step explanation:

Given the linear equation & its graph, what is the slope?​

Answers

Answer:

Slope: 5/3

Step-by-step explanation:

Linear equation:

y = mx + b

m is the slope

so if,

y = 5/3x - 4

5/3 is the slope.

Hope this helps :)

Let me know if there are any mistakes!!

The area of Ms. Anderson’s office floor measures 120
square feet. She puts down a carpet that covers 40%
of the floor. What is the area of Ms. Anderson’s floor not covered by the carpet?

Answers

Answer:

72 square feet not covered

Step-by-step explanation:

100%-40% = 60%

60% of 120 = 0.6x120 = 72

Answer:

72

Step-by-step explanation:

because i know

Given two points (-3, 1) and (4, -1) are on a line. Write an equation in slope-
intercept form of the line.
y=____x+____

Answers

Answer:

y=-2/7x+1/7

Step-by-step explanation:

Find the slope first

-1-1/4+3

-2/7

m=-2/7

y=-2/7x+b

1=-2/7(-3)+b

b=1/7

Other Questions
Whats the value of DCB?Pls help James types 90 words in 2 minutes. At this rate, how many words can James type in 15 minutes? plz help1. Explain why America went into aneconomic depression after 1929.2 Explain how the factors which produced prosperity could lead to depression. How did the dust storms happen in the story out of the dust I really really need help What is 50x60? Explain M ABC. AMB,AMC BMC how many four-character alpha-numeric codes are possible if repeated characters are not allowed? What does a colon do? Is this statement true or false?The Magna Carta's original purpose was to give unlimited power to the king, and protect the nobles' feudal rights plsssssssss helpppppp help its pre- algebra Please help me I dont know what to do 100% of 100 is ?100% of 8 is ?100% of 24 is ? 100% of 36 is ?100% of is ? A new human species was found on a distant planet, whose genetic inheritance and process of reproduction is identical to that of humans on earth, however, their phenotypes are much different. You are tracking two phenotypes in this new species: eye shape and tail size. The single gene that controls eye shape (gene E) is unlinked from the single gene that controls tail size (gene T). Square eyes is the dominant eye shape and round eyes is the recessive eye shape. Long tail is the dominant tail size and short tail is the recessive tail size.Required:An individual of this new species is heterozygous for gene E and heterozygous for gene T. What is their genotype and phenotype? 34-60 how much apples are they left there was complete silence in the room. Change into passive voice What progress has been made in treating HIV and what do scientists hope may cure it in the future? A permanent alteration in the DNA sequence that makes up a gene is called amMutationGermlineMeiosisEvolution Theta Inc. uses normal costing and applies overhead based on direct material costs. The predetermined overhead rate for the current year is 250% of direct material costs. During the year, $3,500,000 of direct material costs and $4,000,000 of direct labor costs were incurred. Theta's applied overhead is:a. $9,375,000.b. $1,600,000.c. $8,750,000.d. $1,400,000.