A perpetuity pays $550 at the end of every month. The PV of the perpetuity is $36,000. What is the monthly periodic rate on the perpetuity?
A) 1.53%
B) 1.62%
C) 1.85%
D) 2.04%
E) 3.25%
A
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An investment promises a rate of return of 8% per year, compounded quarterly. Which of the following formulas will correctly calculate the future value if you invest $10,000 for 20 years?
a) =FV(B2/B4,B3*B4,0,-B1)
b) =FV(B3/B4,B2/B4,0,-B1)
c) =FV(B3*B4,B2*B4,0,-B1)
d) =FV(B3/B4,B2*B4,0,-B1)
What is the purpose of the PRSA Member Statement of Professional Values?
What will be an ideal response?
The predetermined manufacturing overhead rate for 2020 was $4.00 per direct labor hour; employees were paid $5.00 per hour. If the estimated direct labor cost was $75,000, what was the estimated manufacturing overhead?
A. $15,000. B. $93,750. C. $75,000. D. $60,000.
Pattern bargaining occurs when:
A. An employer and union settle with essentially the same terms year after year. B. Unions from one industry use the contracts from another industry as a guide for where they should settle in negotiations. C. Employers within an industry decide ahead of time what they will all settle at and then negotiate the same or similar terms with the unions. D. A union negotiates with one company and then uses that settlement as a target for all other negotiations in the industry.