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
kykrilka [37]
2 years ago
10

Bill wants to give Maria a $500,000 gift in seven years. If money is worth 6% compounded semiannually, what is Maria's gift wort

h today
Business
1 answer:
faltersainse [42]2 years ago
3 0

Answer:

PV= $332,528.56

Explanation:

Giving the following information:

Future value= $500,000

Number of periods= 7 years

Discount rate= 6% compounded annually

<u>To calculate the present value, we need to use the following formula:</u>

<u></u>

PV= FV/(1+i)^n

PV=  500,000 / (1.06^7)

PV= $332,528.56

You might be interested in
The ________ takes into account such costs as deteriorated customer relations and lost sales
Sergio039 [100]

The <u>Full cost view of maintenance</u> takes into account such costs as deteriorated customer relations and lost sales.

a cost that an employer has when they employ someone, in addition to the cost of paying the person's salary or wages. cost is the amount or equivalent paid or charged for something .

Examples of costs are rent and lease costs, salaries, utility bills, insurance, and loan repayments.

Direct, indirect, fixed, and variable are the 4 main kinds of cost.

learn more about cost here

brainly.com/question/1153322

#SPJ4

7 0
1 year ago
When a parent uses the equity method throughout the year to account for its 80% investment in an acquired subsidiary, which of t
ValentinkaMS [17]

Answer:

c. Parent company total assets equals consolidated total assets

Explanation:

  • The equity method is a process of treating investment in an associated companies and is usually applied where the investor holds about 50% of the companies stocks and this has a significant influence in the later management.
  • They are recorded in the balance sheets and are associated with the companies net incomes and investments. If 80% of the investment is accounted for the subsidiary then the parent company total assess will not be equal o the total assets as it involves taxes.
4 0
3 years ago
A contract with a mistake that results from failure to understand the contract’s meaning or significance or from failure to read
Olegator [25]
A.............................
4 0
2 years ago
In December​ 2009, currency outside of banks was​ $400 billion,​ traveler's checks were​ $5 billion; checkable deposits owned by
xxMikexx [17]

Answer:

5590581x1149 {22.7.4y127.6 \sqrt[6dssgm]{?} }^{2}  \times \frac{?}{?}  \times \frac{?}{?}

bwjtj

7 0
3 years ago
Satchel Inc purchases 10,000 shares of its own previously issued $10 par common stock for $290,000. Assuming the shares are held
BaLLatris [955]

Answer:

a. No effect

b. Decreases in total asset

c. No effect

d. Decreases in total stockholder equity

Explanation:

Given that

Number of shares purchased = 10,000 shares

Par value = $10

Common stock = $290,000

By using the above information, we can interpret that

a. There is no effect on the net income

b. The total asset is decreased by $290,000 as it reduces the cash balance for $290,000

c. There is no effect on the total paid-in-capital

d. Total stockholder equity is decreased by  $290,000

We assume that treasury stock is accounted for using the cash method

5 0
2 years ago
Other questions:
  • Chow is unmotivated, feels worthless, sleeps all the time, and does not get out of bed for days at a time. he has not been to wo
    15·1 answer
  • Ron Landscaping's income statement reports net income of $73,300, which includes deductions for interest expense of $10,500 and
    11·1 answer
  • Suppose that a computer software company controls the operating system market. Although the government knows that the price is h
    7·1 answer
  • Suppose now that there is not enough internal cash flow and the firm must issue new shares of stock. Qualitatively speaking, wha
    8·1 answer
  • 5.The real risk-free rate of interest is 2%. Inflation is expected to be 3.5% the next 2 years and 6% during the next 3 years af
    10·1 answer
  • Pina Inc. has outstanding 10,500 shares of $10 par value common stock. On July 1, 2020, Pina reacquired 104 shares at $87 per sh
    5·1 answer
  • Mia received a credit card offer in the mail. The credit card has an annual percentage rate of 26%. What is the approximate mont
    10·1 answer
  • Indicate whether each of the following descriptions represents saving or investment, as defined by a macroeconomist.
    13·1 answer
  • Example of direct cost
    6·1 answer
  • Identifying Job Application Tools
    9·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!