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Korvikt [17]
3 years ago
6

The Aggarwal Corporation needs to save $10 million to retire a $10 million mortgage that matures in 10 years. To retire this mor

tgage, the company plans to put a fixed amount into an account at the end of each year for 10 years, with the first payment occuring at the end of 1 year. The Aggarwal Corporation expects to earn 9 percent annually on the money in this account. What equal annual contribution must it make to this account to accumulate the $10 million in 10 years?
Business
1 answer:
Kaylis [27]3 years ago
7 0
See the formula of the future value of annuity ordinary through Google
Solve for PMT
PMT=10,000,000÷(((1+0.09)^(10)
−1)÷(0.09))=658,200.89
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Rossiter Restaurants is analyzing a project that requires $180,000 of fixed assets. When the project ends, those assets are expe
Leviafan [203]

Answer:

Cash in-flow in the last year.

Explanation:

Salvage value, also known as residual value, is the amount that you receive from sale of Property, Plant, and Equipment at the end of useful life. When computing the NPV of any project, we consider all the relevant cash flows of that project. Since, $45,000 will be received when project ends from sale of Fixed asset, so this figure will be treated as Cash in-flow and discounted.

8 0
3 years ago
Find the average rate of change of the tuition and fees at public two-year colleges. the average rate of change is $ nothing per
Westkost [7]

The average change in the tuition in the school is $1748.30 per year

<h3>How to find the average rate of change</h3>

The formula would be

y2 -y1 / x2 - x1

The value for y1 = 19890

y2 = 30380

x2 = 2011

x1 = 2005

We would have to put these values in the formula that we have above such that we would be having:

30380 - 19890 / 2011 - 2005

10490 / 6

= $1748.30

Hence we would say that the average rate of change is $1748.30 per year.

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5 0
1 year ago
PLEASE HELP ASAP!!!! CORRECT ANSWERS ONLY PLEASE!!!!
leonid [27]
A secured loan is the answer
3 0
3 years ago
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I have a one page report on a trianing plan describing the topics you would include in a customer focused listening workshop. I
bearhunter [10]

Answer:

Topic: Customer focused Listening Workshop

Explanation:

Begin with the introduction of who is a customer and the definition of terms or words like listening and focused.

Thereafter, highlight the various types or categories of customers and their various behaviors. Back it up with possible images or signs that represents their various behavioural pattern

Then proceed to explain the ways to listen to them and get them in order to get them to purchase or secure their loyalty to your product and services.

Also explain how glistening to a customer could have its pros and cons in terms of been positive and negative to your product and services.

Coin out a question such as 'How would you manage a customer with temperament, such that you must get him to patronize your product or services using the listening approach?'

Do a small group session to discuss the above question for about five minutes and make them to report back to the general house.

Take some moment to do a final summary, conclusion and recommendations before closing the workshop.

8 0
3 years ago
7. The business cycle depicts: A. fluctuations in the general price level. B. the phases a business goes through from when it fi
sattari [20]

Answer:

D) short-run fluctuations in output and employment

Explanation:

The business cycle and the economic cycle are basically the same thing. They both refer to the fluctuations (growth and shrinkage) of the gross domestic product. It is usually divided into 4 periods:

  • Expansion: the economy is growing, GDP is increasing, total economic output increases.
  • Crisis: economic growth stops, and the GDP starts to fall
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  • Recovery: the economy hits a low point, and then starts to bounce back.

7 0
3 years ago
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