Answer:
$81000
Explanation:
The calculation is simple. Bond interest is simply calculated by multiplying bond value with the assorted interest rate.
For example
A bond with $1000 value with 5% interest is simply 5% of $1000 = $50
Therefore,
$3,000,000 * 2.7% = $81000
(2.7 % = 0.027)
Hope that helps.
Answer:
Instructions are below.
Explanation:
Giving the following information:
Susan:
Annual deposit= $5,000 for 10 years
Lumo-sum for 30 years
Interest rate= 8.5%
Jane:
Annual deposit= $5,000 for 30 years.
<u>First, we will calculate the future value of Susan:</u>
<u></u>
First 10 years:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {5,000*[(1.085^10)-1]}/0.085
FV= $74,175.50
Last 30 years:
FV= PV*(1+i)^n
FV= 74,175.50*(1.085^30)
FV= $857,050.14
<u>Jane:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {5,000*[(1.085^30)-1]}/0.085
FV= $621,073.63
<u>Earnings difference= 857,050.14 - 621,073.63= $235,976.51 in favor of Susan.</u>
Answer:
$600
Explanation:
Calculation to determine how much will you save in taxes for the current year
Using this formula
Tax savings = Tax rate × Tax deduction
Let plug in the formula
Tax savings= 0.24 × $2500
Tax savings =$600
Therefore how much will you save in taxes for the current year is $600
Answer:
The present value of a perpetuity is calculated as follows:
= Cashflow / Discount rate
a. Present value of $400 perpetuity discounted at 15%
= 400 / 0.15
= $2,666.67
b. Present value of $3,000 perpetuity discounted at 19%
= 3,000 / 0.19
= $15,789.47
c. Present value of $110 perpetuity discounted at 16%
= 110 / 16%
= $687.50
d. Present value of $60 perpetuity discounted at 12%
= 60 / 0.12
= $500
Answer:
C. Employers are most interested in how a candidate will add value to the hiring organization.
Explanation:
Most Organizations are keen on knowing what value you are bringing to the company, there is no real consideration of the applicants dreams or career goals. As time goes by, it becomes really difficult to secure positions without reasonable years of experience because that way, the recruiting organization is in the know of your capability and how you contribute to their existing goals. Sadly, this is what applicants face in the world today so most newly graduates have to go on internships so as to widen their scope of real job tasks which also increases their chances of getting recruited.
