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Naddik [55]
2 years ago
6

Lori wants to give her daughter $25,000 in 8 years to start her own business. How much should Lori invest today, at an annual in

terest rate of 8%, compounded annually, to have $25,000 in 8 years
Business
1 answer:
Dovator [93]2 years ago
7 0

The amount of money that Lori should invest today is $13,506.72.

<h3>How much should Lori invest today?
</h3>

In order to determine the amount of money that Lori should invest today, the present value of $25,000 has to be determined. Present value is the sum of discounted cash flows.

Present value = $25,000 / (1.08^8) = $13,506.72

To learn more about present value, please check: brainly.com/question/26537392

#SPJ1

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1 is a and 2 is c i think
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3 years ago
Cyclical unemployment refers to A. the portion of unemployment created by job search. B. the portion of unemployment created by
myrzilka [38]

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i pretty sure its c but if it wrong just let me know

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it pretty much makes sence

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3 years ago
Chapter 11: Sport Sponsorship
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<h3>What are sponsorship activities?</h3>

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6 0
2 years ago
he income statement for Electronic Wonders reports net sales of $91,758 million and cost of goods sold of $69,278 million. An ex
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Answer:

Cash received from customers is $90,025  million

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Explanation:

Cash received from customers is the net sales of $91,758 million minus the increase in accounts receivable since that is the portion of revenue yet to be received.

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4 0
2 years ago
To compete with Lexus, a successful luxury brand of Toyota, Nissan launches Infinity as its own luxury brand to seek the benefit
slava [35]

Answer:

(D). Straddling

Explanation:

Straddling positioning involves placing a product or brand in two segments at the same time such that it is possible to reap benefits from both segments.

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3 years ago
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