All categories

1 year ago

What's+the+present+value+of+$1,650+discounted+back+5+years+if+the+appropriate+interest+rate+is+6%,+compounded+monthly?

Business

1 answer:

Fiesta28 [93]1 year ago

4 0

The Present value is $ 1223.26.

Future value = $1650

n = 5 years

Interest = 6%

Calculation of present value:

Rate = 6.1678 %

Present value = future value / $(1+rate)^{n}$

= $ 1223.26.

Present value is a technique of accounting based on the value of replacing assets on the fees that would be paid now, instead of on the charges they had been at first sold for modern cost accounting can yield consequences which can be materially extraordinary from traditional accounting based totally on ancient fees.

The fair price of the stock is a subjective term calculated using the contemporary monetary statements, marketplace function, and feasible growth cost from a fixed of metrics. In comparison, the market fee is the cutting-edge percentage price at which the inventory or asset is traded.

Learn more about Present value here:- brainly.com/question/15904086

#SPJ4

You might be interested in

Which of the following is true of economies in the base of the global economic pyramid? a. They are composed of developed econom

satela [25.4K]

Answer:

The answer is: D) They attract the largest FDI from MNEs. If you consider FDI´s share of the country´s GDP

Explanation:

The countries that are located in the base of the global economic pyramid are all underdeveloped and poor countries, so no North America, Europe, Japan, China, or Australia. If you consider the total nominal amount of Foreign Direct Investment (FDI) by Multinational Enterprises (MNEs) in the world, the countries that receive the most of them usually have large economies or high GDP per capita (only Brazil is an exception) like the US, China, Belgium, Canada, France, Russia, Singapore, etc.

But if you consider FDI as a percentage of a country´s GDP the list of receiving countries varies a lot. The following is the list of the 10 countries with the greatest share of FDI to GDP in 2011 (UN 2011 report)

Liberia
Mongolia
Hong Kong SAR (China)
Sierra Leone
Luxembourg
Singapore
Congo republic
Belgium
Chad
Guinea

In this list you can find 6 countries that are extremely poor but very rich in natural resources (in this case minerals). So if consider the relative size of FDI in those economies, then it´s huge. Most FDI done on poor countries is directed to mining or oil corporations.

3 0

4 years ago

Assume that all fast-food restaurants employ many minimum wage workers. suppose 20,000 people in pennsylvania work in fast-food

schepotkina [342]

Whenever min. goes up, taxes increase, prices on food, goods../ are higher price, and especially gas...

4 0

4 years ago

Which individual is responsible for ordering, preparing, and reviewing closing-related documents, such as the title policy and s

Ilia_Sergeevich [38]

The closing agent is responsible for ordering, preparing, and reviewing closing-related documents.

<h3>Who is a Closing agent?</h3>

This is a professional who deals in real estate transactions and acts a middle man between the buyer and the seller.

He ensures the transfer of the legal title is appropriately done by preparing and reviewing closing-related documents, such as the title policy and settlement statement.

Read more about Closing agent here brainly.com/question/20787805

#SPJ1

8 0

2 years ago

You purchased 200 shares of ABC common stock on margin at $50 per share. Assume the initial margin is 50% and the maintenance ma

anygoal [31]

Answer:

get margin call if stock drop below $35.71

Explanation:

given data

share = 200

margin = $50 per share

initial margin = 50 %

maintenance margin = 30%

to find out

margin call if the stock drops below

solution

we know equity is = 200P - 5000

and here P is margin call if stock drop

margin is express as

margin = $\frac{equity}{share}$ = maintenance margin

$\frac{200P - 5000}{200P}$ = 0.30

200P - 5000 = 60P

P = $\frac{5000}{140}$

P = 35.71

so get margin call if stock drop below $35.71

3 0

3 years ago

Different customer statement types are available to suit different client situations. Heather wants to help her client send out

motikmotik

Answer: b. Open Item

Explanation:

The statement that Heather wants to help a client send out is to include unpaid invoices, unapplied payments, and Credit Memos which are essentially signs that the creditor has not been paid.

An open item statement would therefore work best because it is to include open accounts that are yet to be paid so will include all those entries described above.

8 0

3 years ago