What is the equivalent expression of 21p + 35q

Why is compounding interest monthly better than yearly ?

dalvyx [7]

Answer:

More interest payments on yearly computing.

Explanation:

It is generally said that if you can get monthly annual payments compared to yearly payments take it without a thought. This statement explains a lot; normally month payments are not available, but in some case they are. In annual payments, 12 months are compounded that is why it is higher rate compared to monthly. So, monthly payments are preferred

6 0

3 years ago

The _____ of an organizational life cycle is characterized by growth and the expansion of organizational resources.

Verizon [17]

Answer: The _youth_ of an organizational life cycle is characterized by growth and the expansion of organizational resources.

Explanation:

7 0

2 years ago

Using the percentage-of-sales method, the estimated total uncollectible accounts are $7,322. The Allowance for Uncollectible Acc

xenn [34]

Answer:

B. $9,957.

Explanation:

The computation is adjusted amount for Uncollectible account expense is shown below:

= The estimated total uncollectible accounts + debit balance of Allowance for uncollectible accounts

= $7,322 + $2,635

= $9,957

For computing the adjusted amount we added the estimated total uncollectible accounts and the debit balance of Allowance for uncollectible accounts

8 0

3 years ago

"You plan on saving money for retirement in 30 years (t=30) at which time, you wish to have saved $1,000,000. In order to do thi

MissTica

Answer:

Explanation:

Giving the following information:

Number of years= 30

Final value= 1,000,000

First, deposit $10000 for ten years (last deposit at t=10).

After ten years, you deposit X for 20 years until t=30.

i= 6%

First, we need to calculate the final value in t=10. We are going to use the following formula:

FV= {A*[(1+i)^t-1]}/i

FV= {10000*[(1.06^10)-1]}/0.06= $131807.9494

We can calculate the amount of money to input every year. We need to isolate A:

A= (FV*i)/[(1+i)^n-1]

First, we need to calculate the final value of the $131807.9494

FV= PV*[(1+i)^n]

FV= 131807.9494*1.06)^20= 422725.95

We need (1000000-4227725.95) $577274.05 to reache $1000000

A= (FV*i)/[(1+i)^n-1]

A= (577274.05*0.06)/[(1.06^20)-1]= 15692.9393

6 0

3 years ago

Pecan Theatre Inc. owns and operates movie theaters throughout Florida and Georgia. Pecan Theatre has declared the following ann

expeople1 [14]

Answer:

Pecan Theatre Inc.

Average annual percentage return

Cost Market 20Y1 20Y2 20Y3 20Y4 20Y5 20Y6

per share

Preferred stock $20.00 $25.00 2% 2% 2% 2% 2% 2%

Common stock $15.00 $17.50 0% 0% 0% 0.7% 0.8% 0.11%

Explanation:

a) Data and Calculations:

Dividends: Cumulative Common Stock

Preferred Stock Dividends

Dividends Per share Per share

20Y1, $80,000 $80,000 $0.40 $0 $0

20Y2, $90,000 90,000 $0.40 0 $0

20Y3, $150,000 150,000 $0.40 0 $0

20Y4, $150,000 100,000 $0.40 50,000 $0.10

20Y5, $160,000 100,000 $0.40 60,000 $0.12

20Y6, $180,000 100,000 $0.40 80,000 $0.16

Average annual percentage return

Cost Market 20Y1 20Y2 20Y3 20Y4 20Y5 20Y6

per share

Preferred stock $20.00 $25.00 2% 2% 2% 2% 2% 2%

Common stock $15.00 $17.50 0% 0% 0% 0.7% 0.8% 0.11%

Average annual percentage return = Dividend per share/Initial Cost per share

7 0

2 years ago