Joshua desires to purchase an annuity on January 1, 2014, that yields him five annual cash flows of $10,000 each, with the first cash flow to be received on January 1, 2017. The interest rate is 10% compounded annually. The cost (present value) of the annuity on January 1, 2014, is
A) $31,328.81.
B) $34,461.70.
C) $37,907.87.
D) $48,684.19.
A
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Sue, a resident of the state of New York, was visiting her aunt in Iowa. While there, her car was hit by a drunken driver named Jerry, a resident of Iowa. Sue was injured in that accident. Which of the following actions can Sue take in this scenario?
A. Sue can sue Jerry and bring the case to Iowa state court, provided that the dollar amount of the controversy exceeds $75,000. B. Sue can file a case against Jerry in the New York state court, as she is a resident of that state. C. Sue can file a case against Jerry only in the Iowa state court, as this is a matter that involves state negligence law. D. Sue can sue Jerry and bring the case to Iowa federal court, as this is a case that involves diversity of citizenship.
A firm compares its actual performance against its potential performance in _____
a. benchmarking b. scenario analysis c. gap analysis d. opportunity cost analysis
________ are the building blocks of business.
A. Letters of agreements B. Contracts C. Personal relationships D. Customer services
The president of the United States has the power to appoint the members of federal administrative agencies.?
Indicate whether the statement is true or false