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777dan777 [17]
3 years ago
9

CII, Incorporated, invests $710,000 in a project expected to earn a 9% annual rate of return. The earnings will be reinvested in

the project each year until the entire investment is liquidated 12 years later. What will the cash proceeds be when the project is liquidated
Business
1 answer:
allochka39001 [22]3 years ago
4 0

The total amount accrued, principal plus interest at a rate of 9% per year compounded 1 times per year over 12 years is $1,996,992.00.

<h3>Compound Interest</h3>

Given Data

  • Principal = $710,000
  • Rate = 9%
  • Time = 12 years

A = P + I where

P (principal) = $710,000.00

I (interest) = $1,286,992.00

Calculation Steps:

First, convert R as a percent to r as a decimal

r = R/100

r = 9/100

r = 0.09 rate per year,

Then solve the equation for A

A = P(1 + r/n)nt

A = 710,000.00(1 + 0.09/1)(1)(12)

A = 710,000.00(1 + 0.09)(12)

A = $1,996,992.00

Learn more about Compound Interest here:

brainly.com/question/24924853

#SPJ1

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In Mexico each unit of resource can produce either one professional computer or 3 computer games. Mexico has 30 units of this re
Anvisha [2.4K]

Answer:

Explanation:

From the information given:

(a)

The total production available for the professional computers at the time Mexico uses all resources for production = 30

The total production of computer games at this time = 3 × 30 = 90

Thus, from above, the production possibility curve can be seen in the image attached below.

(b)

The opportunity cost of one professional computer is three computer games. This because, for them to produce one more computer, it is required that they give up three computer games.

(c)

Yes, it is subject to Increasing.

This because the opportunity cost of 1 computer = 3 games

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(d)

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(e)

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4 0
3 years ago
"The function C(t)=C(1+r)t models the rise in the cost of a product that has a cost of C today, subject to an average yearly inf
Cloud [144]

Answer:

$351,912.61

Explanation:

Data provided in the question:

function that models the rise in the cost of a product

C(t)=C(1+r)^t

C = $285,700

t = 14 years

r = 1.5% = 0.015

Now,

On substituting the respective values in the given function, we get

inflation-adjusted cost in 14 years i.e C(14) = $285,700(1 + 0.015)¹⁴

or

C(14) = $285,700 × 1.2317

or

C(14) = $351,912.61

4 0
3 years ago
The net income reported on the income statement for the current year was $212000. Depreciation recorded on plant assets was $355
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Answer:

$226,900

Explanation:

Calculation to determine How much cash was provided by operating activities

Using this formula

Operating activities=Net income+Depreciation-Accounts receivable + inventories increased-Prepaid expenses - accounts payable decreased

Let plug in the formula

Operating activities=$212000 + $35500 - $2100 - $7900 + $1900 - $12500

Operating activities =$226,900

Therefore The Amount of cash that was provided by operating activities is $226,900

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From the instantaneous response that Natalie experienced, the answer should be C) Sensation.
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3 years ago
Two key components of corporate profitability are _________ and _________.
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