The present value factor of an annuity that will mature in 20 years at an interest rate of 8% is <u>9.8181474.</u>
<h3>What is the present value interest factor?</h3>
It can be found by using the present value of an annuity formula of:
= Amount x ( 1 - ( 1 + rate) ^ - number of periods) / Rate
As there is no amount, solving gives:
= ( 1 - ( 1 + 8%) ⁻²⁰) / 8%
= 9.8181474
In conclusion, it is 9.8181474.
Find out more on present value of annuity at brainly.com/question/25792915.
Answer:
The correct answer is $23,260.69.
Explanation:
According to the scenario, the given data are as follows:
Payment (pmt ) = $7,000
Time period (n) = 3
Rate of interest (r) = 5.2%
So, we can calculate the future value by using following formula:
FV = Pmt ( 1 + r)^n + Pmt ( 1 + r)^n-1 + Pmt ( 1 + r)^n-2
By putting the value, we get
= $7,000 ( 1 + 0.052)^3 +$7,000 ( 1 + 0.052)^2+$7,000 ( 1+ 0.052)^1
= $23,260.69
hence, The future value after 3 years will be $23,260.69.
Answer:
WTO
Explanation:
WTO is the acronym for World Trade Organization; international organization dealing with the rules of trade between nations.
WTO facilitates the implementation, administration, and operations of trade agreements between nations. It provides a forum for trade negotiations between its member nations.
The role of world trade organization is to provide fair platform to its member country to aid in service like exports , imports and conduct their business in a peaceful way.
The following journal entries are to be passed in the books of Moses Supply co. for the year.
<u>Explanation:</u>
date particulars and details debit credit
nov 1 Notes receivable 60000
cash 60000
Dec 11 Notes receiavble 3600
sales 3600
Dec 16 Notes receivable 12000
Accounst receivable 12000
Dec 31 Interest receivable 760
Interest revenue 760
<u>Interest calculation is as follows:</u>
Nov 1 Interest = $60000 multiply 7% multiply 2 by 12 = $700
Dec 11 Interest = $3600 multiply 8% multiply 20by 365 = $16
Dec 16 Interest = $12000 multiply 9% multiply 15 by 365 = $44
Total = $760
Answer:
One of the required structural changes that must be made immediately at Holden Evan to deal with the problems caused by the three SBU marketing teams is:
Merge the three marketing teams of each SBU into a single marketing division serving all product lines.
Explanation:
The marketing department is not a product-based team. Therefore, a marketing team should not be tied to just one SBU. The SBU structure can be continued. But the combination of the marketing teams into a single group creates synergy, avoids effort duplication, reduces competitiveness among the various teams, and above all, helping the group' brand managers to utilize accumulated resources, knowledge,and information of the entire marketing organization for the benefit of the different SBUs.
