Gillian has entered the agreement with Geoffrey described above. She estimates that the costs of the...

Gillian has entered the agreement with Geoffrey described above. She estimates that the costs of the delivery services she has promised to Geoffrey (petrol, insurance, wear and tear, etc) amount to $1252.3973451574 per month in advance for the coming 5 years.

(a) If Gillian can borrow/invest money at a rate of 2.7% p.a. effective, what is the equivalent amount today of her future liabilities? Note that this calculation should not involve the payment she receives from Geoffrey today.

(b) The money she receives from Geoffrey can be considered a loan, with repayments being the value of the services she provides in return. What is the
interest rate, expressed as an effective annual rate, she is being charged on this "loan"?

Expert Solution

jeff jeffy answered 1 year ago

Nursing Process FACTS Gillian Marks, 51, says she has trouble falling asleep since she had a...

Nursing Process FACTS Gillian Marks, 51, says she has trouble falling asleep since she had a mastectomy 2 months ago. She says that her Fears about the prognosis get worse when she is not active and busy. You have tried to read or watch TV, but cannot fall asleep nor relaxed. She seems to be nervous and uneasy.

Advice to someone who has entered into an agreement with a supplier and no longer wishes...

Advice to someone who has entered into an agreement with a supplier and no longer wishes to purchase from the the supplier because the product is not the standard what is desired. But the customer already signed the agreement under the contract law. Advise customer is that a breach ?

What is the term given to the person who has entered into a listing agreement with...

What is the term given to the person who has entered into a listing agreement with a seller? Buyer's agent Agent-at-large Customer Listing agent What do you call a licensed real estate salesperson, working under the supervision of a real estate broker, who has been assigned to represent a client when a different client is also represented by such real estate broker in the same transaction? Subagent Designated agent Dual agent Single agent

Fujiplus , a company from Japan, has entered into a partnership agreement with Tambah Sdn Bhd...

Fujiplus , a company from Japan, has entered into a partnership agreement with Tambah Sdn Bhd to undertake a contract for the construction of a bridge in Malaysia. The partnership agreement provides for the following profit sharing ratio : Fuji plus 60% Tambah 40% The gross contract value is RM120 million and the project is expected to commence on 1 January 2018 and be completed by 30 November 2018. The gross contract value of RM120 million is divided into following...

White Corporation has entered into an agreement to transfer accounts receivable to Murphy Company. Under the...

White Corporation has entered into an agreement to transfer accounts receivable to Murphy Company. Under the terms of this agreement, White receives 80% of the value of all the transferred accounts receivable (to reflect credit risk) and is charged a 1% service charge, which is based upon the dollar amount of transferred receivables. Interest is charged at an annual interest rate of 12% of any outstanding loan balance. The transferred receivables will continue to be collected by White with any...

Profit Ltd has entered into an agreement to lease a truck from C ity Ltd. The...

Profit Ltd has entered into an agreement to lease a truck from C ity Ltd. The terms of the agreement include Commencement of lease 1 January 2016 Term of lease 4 years Fair value of the truck $720,000 Annual lease payment, payable in advance $200,048 Purchase option at the end of the lease term $6,000 Implicit interest rate 8% The expected useful life of the truck to Profit Ltd is five years. To obtain the lease, Profit Ltd paid the...

Part One – January 1, 2017 Your client, Casandra Inc. has entered into an agreement to...

Part One – January 1, 2017 Your client, Casandra Inc. has entered into an agreement to lease twenty railroad cars. The five-year lease agreement called for Casandra Inc., to make semi-annual lease payments of $120,000 payable each January 1, and July 1 with the first payment at the lease’s inception. At the end of the term, the property reverts back to the lessor. The estimated useful life of the property is six years. Casandra’s incremental rate is 10%. Casandra has...

Binary file IO Suppose a file has been encrypted using the Caesar cipher as described above,...

Binary file IO Suppose a file has been encrypted using the Caesar cipher as described above, and you know the secret key. Write a program to decrypt (or decode) the file. Your program will prompt the user to enter an input file name for the encrypted file, an output file name for the unencrypted version of the input file, and the secret key. Create a DataInputStream for the input file and a DataOutputStreams for the output file. Next, read the...

Mrs Kely Hoppen is a well-known Australian Interior Designer. She has entered into a partnership with...

Mrs Kely Hoppen is a well-known Australian Interior Designer. She has entered into a partnership with her husband, but they have no written partnership agreement. Mrs Kely Hoppen performs all the decorating work and all receipts and business documents are only in her name. Any cheques received are made out in her name, but they are deposited into a joint bank account. This account is used by both Mr and Mrs Hoppen and is used for household and business outgoings....

True or False? An agreement that relieves one from liability when he or she has acted...

True or False? An agreement that relieves one from liability when he or she has acted in good faith absolves physicians from liability in a negligence action.

Question