I believe it was Heath Andreeson
Answer:
The dream car will cost $70,875 in 6 years time
Explanation:
Here, we are interested in calculating the amount a car will cost if we know the annual appreciation rate of the cost and we decide to wait for some years to purchase the car in question.
To calculate the cost at that time, let’s we shall be using a modification of the compound interest formula.
The cost at that time will be;
C = I(1 + r)^t
Where C is the cost after six years which is unknown
I is the present cost which is $62,200
r is the appreciation percentage = 2.2% = 2.2/100 = 0.022
t is the time which is 6 years
Substituting these values in the modified equation, we have;
C = 62,200(1 + 0.022)^6
C = 62,200(1.022)^6
C = $70,875.44
To the nearest whole amount, it should be $70,875
Answer:
One approach is to use the simple equation Value = Benefits / Cost. The plus side to this approach is that it is concrete and quantifiable. You can measure the profit consistently throughout the life of the product, charting changes in value over time.
Answer:
-$34,000
Explanation:
As per the situation the solution of ordinary business income (loss) is here below:-
Ordinary business income (loss) = Sales revenue - Cost of goods sold - Employee wages - Rent expenses
= $36,000 - $28,000 - $26,000 - $16,000
= -$34,000
Therefore we simply applied the above formula to figure out the net loss that is -$34,000
Answer:
After-tax rates of return on the municipal bond is 4%
After-tax rates of return on the corporate bond is 4.4%
Explanation:
given data
rates of return = 4% = 0.04
rates of return = 5.5% = 0.055
tax bracket = 20% = 0.20
solution
we get here After-tax rates of return on the municipal bond that is
and here no taxes are levied so
rates of return = return ( 1 - 0 )
rates of return = 0.04 (1 - 0)
rates of return = 0.04 or 4%
and now we get After-tax rates of return on the corporate bond
rates of return = 0.055 × (1 - 0.20)
rates of return = 0.044 or 4.4%