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In: Finance
Darius Rucker is leaving Theta Tech after several years. During his time at Theta he accumulated...
Darius Rucker is leaving Theta Tech after several years. During his time at Theta he accumulated a deferred payroll benefit. He must choose between a lump-sum distribution or annual payments over the next 10 years, with his first payment deposited today. He believes he can invest any sum received at 4.25% for the next ten years. The annual payments are $15,000 and the lump-sum distribution is $120,000. To the nearest dollar, the more valuable choice is:
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jeff jeffy answered 1 year agoRelated Solutions
Nelson has accumulated $168,000 in his retirement account. He is 65 years old and plans to...
Nelson has accumulated $168,000 in his retirement account. He is
65 years old and plans to retire this fall. He's trying to
determine how much income he will have to live on during his
retirement years. Nelson is a relatively conservative investor and
has decided that he wants to keep his retirement funds invested 60
percent in long-term corporate bonds and 40 percent in stocks. He
is estimating that he will earn an average annual rate of return of
12...
Bobby is single with no dependents. he is 70 years old and is employed by Theta...
Bobby is single with no dependents. he is 70 years old and is
employed by Theta Corporation. in 2018, theta transfered him. he
submits the following information to you for tax year 2018. compute
the gross income, adjusted gross income, taxable income, and income
tax.
salary 75,000
interest on us govt bonds 5,000
interest on airport municipal bonds 10,000
short term capital loss on sale of stock (8,000)
life insurance from death of uncle 500,000
inheritance from uncle 1,000,000
theta...
Schmidt works out that he would need $4,000 a month during his retired years. He is...
Schmidt works out that he would need $4,000 a month during his
retired years. He is currently 25 years old and plans to work until
his is 65. He assumes that he would need to make withdraws for 30
years past his retirement and that he's in a 25% tax bracket.
Assuming he finds an account that will offer him a 6.25% annual
interest rate compounded monthly...
a) how much should he have in his account at retirement?
b) how...
A 2-year-old male was brought to the hospital after his behavior during the preceding several weeks...
A 2-year-old male was brought to the hospital after his behavior
during the preceding several weeks indicated to his mother that he
was experiencing otalgia of the right ear. The general physician
examined his ears using an otoscope and observed myringitis. The
physician referred the patient to an Otologist. Unfortunately 2
weeks later the infection had spread into the tympanic cavity
causing otitis media. The tympanic membrane was surgically incised
in a myringotomy procedure.
1. What was the patient experiencing?...
While several partners at Engineering Tech are intrigued and willing to invest time to put a...
While several partners at Engineering Tech are intrigued and
willing to invest time to put a bid together, the company’s board
members are concerned about an endeavor in a nation beset by so
many challenges. How, they wonder, will Engineering Tech protect
its interests and ensure excellent results in a place where a major
national language, Amharic, is spoken nowhere else in the
world?
Mr. Garcia sold his machine for P20,000 after using it for 6 years. He bought a...
Mr. Garcia sold his machine for P20,000 after using it for 6
years. He bought a new machine worth 75,000 with an expected life
of 12 years and a salvage value of 2,000. The operating cost is
P5,500 per year. The old machine which he bought for P50,000 when
new will be useful for 10 years and a junk value of 1,000 but
because of appropriate maintenance, it will be useful for another 5
years, no salvage value, with an...
After Greg LeMond won his first Tour de France, he was shot in the back during...
After
Greg LeMond won his first Tour de France, he was shot in the back
during a hunting trip. This accident seemed to trigger a downfall
of his health, even though he went on to win two more Tour de
France races, due to a ripple in the electron transport chain and
mitochondria. Explain this concept of the electron transport ripple
and whether or not the gun shot led to LeMond’s ultimate diagnosis
of “Mitochondrial Myopathy.”
Several years ago, Bill Smith borrowed $125,000 to buy his house. He has a 15 year,...
Several years ago, Bill Smith borrowed $125,000 to buy his
house. He has a 15 year, monthly payment mortgage with an interest
rate of 8.75 percent per annum. Bill is thinking about refinancing
his house so he would like to know the payoff on his current loan.
Assuming that he just made payment number 109 , compute the payoff
on Bill's loan. (Round your answer to 2 decimal places;
record your answer without commas and without a dollar
sign).
Several years ago, Bill Smith borrowed $125,000 to buy his house. He has a 15 year,...
Several years ago, Bill Smith borrowed $125,000 to buy his
house. He has a 15 year, monthly payment mortgage with an interest
rate of 8.75 percent per annum. Bill is thinking about refinancing
his house so he would like to know the payoff on his current loan.
Assuming that he just made payment number 119 , compute the payoff
on Bill's loan.
QUESTION 1: Several years ago, Bill Smith borrowed $125,000 to buy his house. He has a...
QUESTION 1: Several years ago, Bill Smith
borrowed $125,000 to buy his house. He has a 15 year, monthly
payment mortgage with an interest rate of 8.75 percent per annum.
Bill is thinking about refinancing his house so he would like to
know the payoff on his current loan. Assuming that he just made
payment number 106 , compute the payoff on Bill's loan.
(Round your answer to 2 decimal places; record your answer
without commas and without a dollar...
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