subject
Business, 24.09.2019 21:00 dilly2277

When alfred nobel died, he left the majority of his estate to fund five prizes, each to be awarded annually in perpetuity starting one year after he died. a) if he wanted the cash award of each of the five prizes to be $45,000 and his estate could earn 7% per year, how much would he need to fund his prizes?

ansver
Answers: 3

Another question on Business

question
Business, 22.06.2019 03:40
Your parents have accumulated a $170,000 nest egg. they have been planning to use this money to pay college costs to be incurred by you and your sister, courtney. however, courtney has decided to forgo college and start a nail salon. your parents are giving courtney $20,000 to her get started, and they have decided to take year-end vacations costing $8,000 per year for the next four years. use 8 percent as the appropriate interest rate throughout this problem. use appendix a and appendix d for an approximate answer, but calculate your final answer using the formula and financial calculator methods. a. how much money will your parents have at the end of four years to you with graduate school, which you will start then?
Answers: 1
question
Business, 22.06.2019 22:00
In 2018, laureen is currently single. she paid $2,800 of qualified tuition and related expenses for each of her twin daughters sheri and meri to attend state university as freshmen ($2,800 each for a total of $5,600). sheri and meri qualify as laureen’s dependents. laureen also paid $1,900 for her son ryan’s (also laureen’s dependent) tuition and related expenses to attend his junior year at state university. finally, laureen paid $1,200 for herself to attend seminars at a community college to her improve her job skills.what is the maximum amount of education credits laureen can claim for these expenditures in each of the following alternative scenarios? a. laureen's agi is $45,000.b. laureen’s agi is $95,000.c. laureen’s agi is $45,000 and laureen paid $12,000 (not $1,900) for ryan to attend graduate school (i.e, his fifth year, not his junior year).
Answers: 2
question
Business, 23.06.2019 07:00
Ricardo conducts a survey to learn where consumers get information for buying used cars. this is an example of
Answers: 1
question
Business, 23.06.2019 15:20
In the context of project management, what are time, people, money, and supplies examples of? a. projects b. facilities c. resources d. tasks
Answers: 1
You know the right answer?
When alfred nobel died, he left the majority of his estate to fund five prizes, each to be awarded a...
Questions
question
Mathematics, 29.01.2021 07:20
question
Mathematics, 29.01.2021 07:20
question
Mathematics, 29.01.2021 07:20
question
Mathematics, 29.01.2021 07:20
question
Mathematics, 29.01.2021 07:20
question
History, 29.01.2021 07:20
Questions on the website: 13722360