1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
sweet-ann [11.9K]
1 year ago
7

How much would you need to deposit in an account now, such that in 5 years your account will have increased to $8,000, assuming

you can earn 5% on the deposit as it grows?
Business
1 answer:
VladimirAG [237]1 year ago
4 0

Answer:

$6268.21

Explanation:

Future value = $8000

Interest(r) = 5%

Period (n)= 5 years

How much need to deposit?

Find the Present value:

PV = FV / (1+r)n

= 8000 / (1.05)5

= 8000 / 1.27628156

Present Value / Amount need to deposi today = $6268.21 approx

You might be interested in
Nicole Corporation's year-end 2017 balance sheet lists current assets of $741,000, fixed assets of $592,000, current liabilities
velikii [3]

Answer:

$106,500

Explanation:

The computation of the total stockholder equity is shown below:

Total assets = Total liabilities + stockholder equity

where,

Total assets = Current assets + fixed assets

                    = $741,000 + $592,000

                    = $1,333,000

And, the total liabilities is

=  Current liabilities + long term debt

= $533,500 + $693,000

= $1,226,500

So, the total stockholder equity is

= $1,333,000 - $1,226,500

= $106,500

7 0
2 years ago
All of the following are considered equipment for a business EXCEPT:
rewona [7]
When you say equipment meaning, it can be something that can help you boost your performance in doing something related to work. Thus in the given choices, building is not an example of equipment. Devices, machines and tools are the so-called equipment that is very helpful for the employee.
4 0
3 years ago
Greg had selected 8 intervals total to service. He logged in on time for each interval, but ended up logging out 5
inysia [295]

Answer:

The resulting CA percentage for the week to the nearest number is 94%

Explanation:  

CA refers to Commitment Adherence.

Commitment Adherence (CA) is a way to calculate the reliability of an employee in relation to how much time they put into their work.

Put differently, it is a mathematical comparison between how much time you stated that you were going to work versus the actual amount worked. This concept is prevalent with people who use clock-in and clock-out system to measure productivity.

Step 1

The formula for calculating Commitment Adherence (CA) is:

(Serviced Minutes - Excused Non-Serviced Minutes) / (Posted Minutes + Released Minutes)

When you log out at about 5 minutes early it translates to 83% because each interval is 30 minutes. So 23/30 = 83%

Step 2

There are 8 intervals. 5 of them are 100% each. Thus total intervals for the week equal

(5*100%)+(3*83%) =

7.49 *30 = 224.7

Total number of intervals selected =

8*30 = 240

Therefore commitment adherence = 224.7/240

= 0.94%

Cheers!

6 0
3 years ago
Mariano Manufacturing can issue a 25-year, 8.8% annual payment bond at par. Its investment bankers also stated that the company
aivan3 [116]

Answer: 10.13%

Explanation:

The after-tax return on the preferred shares would be:

= After-tax return + Premium required

= (8.8% * (1 - 25%)) + 1%

= 7.6%

For the preferred stock to be issued at par with the above after tax return:

= After tax return / ( 1 - tax)

= 7.6% ( 1 - 25%)

= 10.13%

4 0
2 years ago
Name the four major categories of primary energy use in an industrial society, and match the energy sources that correspond to e
Fittoniya [83]

Four major categories of Primary energy use are:

1. Transportation

2. Industrial Process

3. Commercial and residential use

4. Generation of electrical power

Transportation depends entirely on petroleum, whereas nuclear power, coal, and water power are limited to the production of electricity. Electricity is in most commercial and residential use. Industrial processes use natural gas, oil, and electricity. Some oil, natural gas and biomass are used for the generation of electricity.

6 0
3 years ago
Other questions:
  • Medium that carries message signals from senders to receivers of communication is:
    5·1 answer
  • Ros Corporation's flexible budget cost formula for indirect materials, a variable cost, is $0.90 per unit of output. If the comp
    6·1 answer
  • How does the ranking of spending by larger nations compare depending on which method is used to convert into a common currency?
    8·1 answer
  • _______ is the dissemination of information to a fairly small, select audience that is defined by its shared values, preferences
    8·1 answer
  • A customer buys 100 shares of XYZ stock at $43 per share. The customer then sells 1 XYZ $45 Call contract for a premium of $500.
    15·1 answer
  • In producing a budget constraint line for combinations of staples and paper clips, which are sold by the box, a student labels t
    8·1 answer
  • Everything that consumers evaluate when deciding whether to buy a good or service is called the
    15·1 answer
  • You have just graduated and have decided to purchase a brand-new sports car to enjoy your newfound freedom. Your local credit un
    13·1 answer
  • Example of paraphrase about business?<br>​
    14·1 answer
  • Explain factors that affect good work habits​
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!