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Alik [6]
2 years ago
10

What is the present value of $500 invested each year for 10 years at a rate of 5%?​

Business
1 answer:
sertanlavr [38]2 years ago
4 0

Answer:

250 is the answer to the question

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True or False:
sergey [27]
The correct answer is true hope this helps!
8 0
3 years ago
The average cost of tuition and room and board at a small private liberal arts college is reported to be $8,500 per term, but a
mojhsa [17]

Answer & Explanation:

The null hypothesis (H0) is what the study is trying to reject, is what the study wants to disprove. In this case, the financial administrator believes that the average cost of tuition and room is greater than $8,500. Then, he wants to statistically disprove that the average cost per term is equal to $8,500.

H0: average cost = $8,500

H0:μ=$8,500

The alternative hypothesis (H1) is the opposite, is what the financial administrator wants to prove: the average cost per term is greater than $8,500.

H1: average cost > $8,500

H1:μ>$8,500

3 0
3 years ago
A cash register tape shows cash sales of $3180 and sales taxes of $210. The journal entry to record this information is
Igoryamba

Answer:

Debit cash $3,390

Credit sales revenue $210

Cales tax payable $3,180

Explanation:

Preparation of the journal entry to record the information given.

Journal entry

Debit cash $3,390

($3,180+$210)

Credit sales revenue $210

Cales tax payable $3,180

3 0
3 years ago
The basic competencies of selling that are required of top professional salespeople include selling skills and _________.a. Acco
fomenos

Answer:

The correct answer is (d)

Explanation:

Interpersonal communication skills are considered vital for marketing professionals, and companies usually arrange workshops and seminars to improve the interpersonal skills of their marketing employees. Apart from selling skills, interpersonal skills are vital to become a top professional salesman. The face to face communication is all about interpersonal skills which include verbal and non-verbal actions that help to attract more customers.

7 0
3 years ago
Morris Companies has an issue of preferred stock outstanding that pays a $7.75 dividend every year in perpetuity. What is the re
quester [9]

Answer:

Option (B) is correct.

Explanation:

Given that,

Issued preferred stock outstanding that pays dividend per year = $7.75

Current selling price = $68.19 per share

Required return = (Annual dividend ÷ Current price)  × 100

                            = ($7.75 ÷ $68.19) × 100

                            = 11.37% (Approx)

Therefore, the required return is 11.37% if this issue currently sells for $68.19 per share.

8 0
3 years ago
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