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jeka94
4 years ago
15

Your parents want to place money in an account so that you can withdraw $200 a week for the next four years while you finish col

lege and graduate school. If they place the money in an account that earns 4% interest, compounded weekly, how much do they need to place in the account so that the funds will be depleted in four years? (Assume that you will make the first withdrawal one week from today.)
Business
1 answer:
professor190 [17]4 years ago
4 0

Answer:

The answer is: $38,429

Explanation:

You need to withdraw 208 payments (52 weeks x 4 years)

Each payment is $200

Discount interest is 0.0769% (4% yearly interest / 52 weeks)

So the present value of the cash flow is: PV = $38,429

The best way to calculate the PV is to use an excel spreadsheet and the NPV formula:

=PV(0.0769%,L1:L208) where L1 to L208 all equal 200

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Answer:

Consider the following answers

Explanation:

Solution. (1) The name of a large U.S. public corporation is Walmart - Stores

(2) Website.

(3) A short profile of the Walmart coperation is given below: American multinational retail corporation that operates a chain of hypermarkets, discount department stores, and grocery stores. Headquartered in Bentonville, Arkansas, the company was founded by Sam Walton in 1962 and incorporatedon October 31, 1969. It also owns and operates Sam's Club retail warehouses. As of January 31, 2018, Walmart has 11,718 stores and clubs in 28 countries, operating under 59 different names. The company operates under the name Walmart in the United States and Canada, as Walmart de México y Centroamérica in Mexico and Central America, as Asda in the United Kingdom, as the Seiyu Group in Japan, and as Best Price in India. It has wholly owned operations in Argentina, Chile, Brazil, and Canada.

(4) The fiscal year end date of the annual report you used is 2017

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(7) Net income on the income statement is $ 13,643 millions

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the number of shares outstanding - 3.05

3 0
3 years ago
in the integrative framework for the implementation of task redesign, the step that follows formulation of the redesign strategy
Svet_ta [14]

In the integrative framework for the implementation of task redesign, the step that follows formulation of the redesign strategy is  e. implementation of the task changes.

<h3>What is the integrative framework?</h3>

A integrative framework can be described as the means of negotiation decision making to conceptualize the actions,as well as contingencies of all possible outcomes, options and scenarios.

It should be noted that this applied integrative negotiations can be seen as one that is with the intention of incorporating the goals and aims of all the negotiating parties to create maximum value .

Therefore, option E is correct.

Learn more about implementation at:

brainly.com/question/29439008

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8 0
1 year ago
An increase in the demand for loanable funds will occur if there is A. an increase in the real interest rate. B. an increase in
vodka [1.7K]

Answer:

C, a decrease in the real interest rate

Explanation:

When factors such as changes in expectation, technology, demands for goods and services, etc cause in shift in the demand curve for capital, interest rates act as the determinant of the capital demand.

If the interest rates of loans are high, capital demand will be reduced but in the event that interest rates are low, capital demand is high or increases.

Cheers

8 0
3 years ago
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Would the outcome have been different if the roles of board chairman and CEO in BP had been combined, as in many large American
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\huge \text{Answer:}

In many companies, the chief executive officer (CEO), who holds the top management position in the company, also serves as chairman of the board. This is often the case with companies that have grown rapidly and still retain the initial founder in those roles.

8 0
3 years ago
Assume that the marginal cost​ (MC) of production is increasingincreasing. Can you determine whether the average variable cost​
ki77a [65]

Answer:

YES - When marginal cost​ (MC) of production is increasing, the average variable cost​ (AVC) is increasing.

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Marginal cost (MC) is the cost of producing an extra unit of output while Average variable cost (AVC) is the cost per unit of output produced.

When MC is below AVC, MC pulls the average down. This means that when MC is falling, AVC is falling

When MC is above AVC, MC is pushing the average up; therefore when MC is rising, AVC is rising.

The conclusion is that MC and AVC have a direct relationship and a rise in one will cause a rise in the other , therefore when the marginal cost​ (MC) of production is increasing, the average variable cost​ (AVC) is increasing.

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