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2 years ago

What is the approximate future value of $1,000 compounded at 10% interest (end of period) over a three-year period

Business

1 answer:

Ahat [919]2 years ago

5 0

The future value for annuity is $3030.

<h3>What is future value of an annuity?</h3>

The worth of a series of recurrent payments at a specific future date, assuming a specific rate of return, and discount rate, is the future value of the annuity. The future value of the annuity increases with the discount rate.

Some key features of future value of annuity are-

A approach to determine how much money a stream of payments will be worth at some future date is to determine future value of an annuity.
A present value of an annuity, on the other hand, calculates how much cash will be needed to provide a series of future payments.
Payments are made in a typical annuity at the conclusion of each predetermined time frame.
Payments are made at the start of each period in an annuity payable.

The formula for future value of annuity are-

F.V = P× $\frac{\left((1+r)^{n}-1\right)}{r}$

F.V = future value of annuity

P = Initial deposit; $1,000

r = rate of interest; 10%

Substitute the given values in the formula;

F.V = 1,000× $\frac{\left((1+0.01)^{3}-1\right)}{0.01}$

= 1,000×3.03

F.V = 3030

Therefore, the future value of the annuity of the deposited amount of $1,000 is $3030.

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All leveling techniques delay noncritical activities by using ________ to reduce peak demand.

Oksana_A [137]

All leveling techniques delay by noncritical activities to reduce peak demand is known as resource smoothing.

If resources are sufficient but the demand differs extensively over the journey of the project, it may be sensible to smash resource demand by delaying noncritical activities to lessen peak demand and, in this way increase resource fulfillment. This process is called resource smoothing.

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4 0

2 years ago

Match each of the definitions that follow with the appropriate investment term.

Ilia_Sergeevich [38]

Answer:

F - QUESTION 1

B - 2

E - 3

I - 4

A - 5

H - 6

G - 7

C - 8

J - 9

D - 10

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3 years ago

Carver Packing Company reports total contribution margin of $49,200 and pretax net income of $24,600 for the current month. In t

ddd [48]

Answer: 2.0 and 16%

Explanation:

The degree of operating leverage and the expected percent change in income, will be calculated thus:

Operating leverage will be:

= Contribution margin / Net operating income

= 49200 / 24600

= 2

Then, percentage change in income will be:

= %change in sale × operating leverage

= 8% × 2

= 16%

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3 years ago

You write one JNJ February 70 (strike price) put for a premium of $5. Ignoring transactions costs, what is the break-even price

Lera25 [3.4K]

Answer:

$65

Explanation:

The computation of the break even price for this position is shown below:

Break even price is

= Strike price - premium

= $70 - $5

= $65

The stock goes upward to $65 so you lose only $5 but it falls than the stock would be $0

Hence, the break even price of this position is $65

Therefore by applying the above formula we can get the break even price and the same is to be considered

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3 years ago

Uestion 1 (1 point) One way to practice your entrepreneurial skills with a bit of a safety net, perhaps until you discover the b

sattari [20]

Answer:

true.

Explanation:

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3 years ago