Answer:
The future value of the $200 invested yearly for 4 years at 8% is $973.32
Explanation:
The future value of an immediate annuity is given by the formula = (1+r)*[P*((1+r)^n-1)/r]
P=is the periodic payment of $200
r=rate of return=8 percent
n=number of years=4
By slotting the variables into the formula we have:
Fv=(1+0.08)*(200*((1+0.08)^4-1)/0.08)
FV=$973.32
Judging by the concept of time value of money, it is expected that the sum invested at interest would have been much more at maturity of the investment as $1 today should give a lot more than $1 in future.
Answer:
$427,011.92
Explanation:
We use the present value formula i.e to be shown in the attached spreadsheet
Given that,
Future value = $0
Rate of interest = 7.5%
NPER = 15 years
PMT = $45,000
The formula is shown below:
= -PV(Rate;NPER;PMT;FV;type)
And, in type we write the 1 instead of 0
So, after solving this, the present value is $427,011.92
There are a few important economic elements that can affect aggregate demand. Decisions made by consumers and businesses will be impacted by rising or lowering interest rates. A rise in household wealth boosts overall demand, while a loss typically results in a decrease.
<h3>What aggregate demand impact to the economic indicators?</h3>
There are a few significant economic elements that can impact aggregate demand. Consumer and corporate decisions will be impacted by rising or lowering interest rates. A rise in household wealth boosts overall demand, while a loss typically results in a decrease.
Therefore, The changes along the aggregate demand curve are mostly caused by price. The actual money supply shrinks as the price level rises, which forces an increase in interest rates.
Learn more about economic indicators here:
brainly.com/question/20264817
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Answer: Less than in year 8
Explanation:
Here is the complete question:
A 12-year capital lease specifies equal minimum annual lease payments. Part of this payment represents interest and part represents a reduction in the net lease liability. The portion of the minimum lease payment in Year 10 applicable to interest expense should be:
a. Less than in Year 8
b. More than in Year 8
c. The same as in Year 12
d. Less than in Year 12
A capital lease is a type of lease whereby the leader asset are financed by the lessor while the lessee gets all other ownership rights.
Based on the scenario explained in the question, the portion of the minimum lease payment in Year 10 applicable to interest expense should be less than in Year 8.
Answer:
b. Tom’s marginal income tax rate is 15 percent.
c. The income tax is progressive.
Explanation:
If higher incomes are subjected to higher tax rates, then the income tax is progressive. But if higher incomes are subjected to lower tax rates, then the income tax is regressive.
In this case, we can notice an increase in taxes associated with an increase in income, thus, the income tax is progressive.
Since Tom earns $35,000 per year, his income falls into the $20,001 to $35,000 tax range and his marginal income tax rate is 15 percent.
Alternatives b and c are correct.