subject
Business, 17.12.2019 02:31 GodlyGamer8239

Interest rate for an annuity personal finance problem anna waldheim was seriously injured in an industrial accident. she sued the responsible parties and was awarded a judgment of $2 comma 000 comma 000. today, she and her attorney are attending a settlement conference with the defendants. the defendants have made an initial offer of $157 comma 987 per year for 18 years. anna plans to counteroffer at $213 comma 404 per year for 18 years. both the offer and the counteroffer have a present value of $2 comma 000 comma 000, the amount of the judgment. both assume payments at the end of each year. a. what interest rate assumption have the defendants used in their offer (rounded to the nearest whole percent)? b. what interest rate assumption have anna and her lawyer used in their counteroffer (rounded to the nearest whole percent)? c. anna is willing to settle for an annuity that carries an interest rate assumption of 6%. what annual payment would be acceptable to her?

ansver
Answers: 2

Another question on Business

question
Business, 22.06.2019 10:20
Sye chase started and operated a small family architectural firm in 2016. the firm was affected by two events: (1) chase provided $25,000 of services on account, and (2) he purchased $2,800 of supplies on account. there were $250 of supplies on hand as of december 31, 2016. record the two transactions in the accounts. record the required year-end adjusting entry to reflect the use of supplies and the required closing entries. post the entries in the t-accounts and prepare a post-closing trial balance.
Answers: 1
question
Business, 22.06.2019 12:30
Provide an example of open-ended credit account that caroline has. caroline blue's credit report worksheet.
Answers: 1
question
Business, 22.06.2019 19:30
Do a swot analysis for the business idea you chose in question 2 above. describe at least 2 strengths, 2 weaknesses, 2 opportunities, and 2 threats for that company idea.
Answers: 2
question
Business, 22.06.2019 21:10
Which statement or statements are implied by equilibrium conditions of the loanable funds market? a firm borrowing in the loanable funds market invests those funds with a higher expected return than any firm that is not borrowing. investment projects which use borrowed funds are guaranteed to be profitable even after paying interest expenses. the quantity of savings is maximized, thus the quantity of investment is maximized. a loan is made at the minimum interest rate of all current borrowing.
Answers: 3
You know the right answer?
Interest rate for an annuity personal finance problem anna waldheim was seriously injured in an indu...
Questions
question
Mathematics, 10.12.2021 18:00
question
Mathematics, 10.12.2021 18:00
Questions on the website: 13722360