Answer:
Initial deposit= $62,378.07
Explanation:
<u>First, we need to calculate the nominal value of $500,000 in 40 years:</u>
Future Value= PV*(1+r)^n
r= inflation rate
FV= 500,000*(1.011^40)
FV= $774,490.74
<u>Now, the initial deposit (PV) to be made in the present:</u>
PV= FV/(1+i)^n
i= interest rate
PV= 774,490.74 / (1.065^40)
PV= $62,378.07
The statement above is TRUE.
Social mobility refers to the movement of individuals or families within or between social strata in a particular society. It means a change in social status relative to one's present location with a given society. Social mobility in US does not depend on where one start in the class system; one can come from the lowest class strata and become one of the richest individual and an individual from a very rich family can also end up as a p.auper. A lot of factors come to play in these situations.
Answer:
The instalment amount is 2695.53
Explanation:
The present value of money or borrowed amount (PV)= $12000
Interest rate (i) = 4 percent.
Time period (n )= 5 years
Annuity = A
We have to find the instalment amount that the person repay. Below is the following calculation.
P V= A x ((1 – (1 / (1 + r) ^ -n)) / r)
A = PV / ((1 – (1 / (1 + r) ^ -n)) / r)
A = 12000 / (( 1 – (1 / (1+ 4%)^-5))/ 4%
A = 2,695.53
Answer: Points of indifference
Explanation: Point of indifference can be defined as that level of EBIT at which two alternative financial plans have same amount of net income. It is used by managers as an evaluating tool, when it comes to choose between two cost structures which are alternative of one other.
In the given case, the company must have build point of indifference before launching of new product, and must have expected higher profits than normal beer.
Pulsing advertising does exactly that, continuous advertising year round and then a bump in advertising when sells peak. Pulsing<span> combines </span>flighting<span> and continuous </span><span>scheduling.</span>