The compound interest is 8.775%.
interest = p.
p is principal, i is the interest rate, and n is the periods. Inthis case, p is 2 and the interest is .8. (We can divide both sides by a million to make it simpler.) The number of periods is 4.
.8 = (2)(i)(4)
.8 = 8i
i = 10%. (solution)
Compound interest, again, is
interest = p [(1+r)^m - 1]
This time we can't cancel out the p by default. We must divide by 2if we want to avoid multiplying through. After doing so, we add 1to both sides.
1.4 = (1+r)^4
Log both sides.
log(1.4) = 4log(1+r)
log(1.4) / 4 = .0365 = log(1+r)
10^.0365 = 1 + r
1.08775 - 1 = r
r = 8.775%.
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I think the answer is <span>Real estate financing. The real estate is typically financed over a fairly long term, 10 to 30 years. Expect a down payment of about 20%. It usually includes huge amount of loan. Thank you for posting your question here. I hope the answer helps. </span>
Answer:
$36,160
Explanation:
expected cash flow for March
Beginning cash balance $34,000
Sales $177,280
Variable costs -$132,960
S&A costs -$48,000
without depreciation
ending cash balance $30,320
desired ending cash -$66,480
cash deficit to be $36,160
covered by bank loan
Answer:
1) For the equipment that was sold, determine its original cost, its accumulated depreciation, and the cash received from the sale.
- original cost = $9,800
- accumulated depreciation = $1,020
- cash received = $5,980
2) Sanchez Company uses the indirect method for the Operating Activities section of the cash flow statement. What amount related to the sale would be added or subtracted in the computation of Net Cash Flows from Operating Activities?
- the loss on sale of equipment ($2,800) should be added to the cash flows from operating activities.
3) What amount related to the sale would be added or subtracted in the computation of Net Cash Flows from Investing Activities?
- the cash received ($5,980) should be added to the cash flow from investing activities
Explanation:
equipment cost = beginning equipment - ending equipment = $20,000 - $10,200 = $9,800
equipment's accumulated depreciation = beginning accumulated depreciation + depreciation expense - ending depreciation = $1,950 + $860 - $1,790 = $1,020
book value = $9,800 - $1,020 = $8,780
cash received = book value - loss = $8,780 - $2,800 = $5,980
Answer: a match between an individuals personality and values, and those of the organization
Explanation:
