Solution:
1 : The interest rate that fits the lifetime cash flows to the PV of cash flows is expected here.
PV of an equation of perpetuity:
PV = C/ r
$326,000 = $3,000 / r
With the interest rate, we could now solve the following:
r= $3,000 / $326,000
r= 0.0092 or 0.92% per month
2 :The interest rate per month is 0.92 percent.
In order to calculate the APR, the number of months in a year is determined by:
APR = (12) 0.92%
APR = 11.04%
3 : And using the equation to find the EAR, we find:
EAR = [1 + (APR / m)]m– 1
EAR = [1 + 0.0092]12– 1
EAR = 0.1162 or 11.62%
Answer: True
Explanation:
Yes, the given statement is true that the short term goals are refers to the goals that is achieved in short period of time by establishing a proper financial planning and also manage our expenditure for the purpose of investing the various types of goals.
According to the given question, For the purpose of investing we need availability of the money for setting the each goals in prioritized way and also eliminating the credit and debt funds.
Therefore, The given statement is true.
<span>Wavelet Scalar Quantization
It is the standard developed by the FBI, Los Alamos National Laboratory, and the NIST and is used by most law enforcement agencies for the transmission and storage of fingerprints.</span>
2484
(2300)
---------
184
184 / 8 = 23
23 / 2300 = .01 -->1%
Answer:
$4,536
Explanation:
LIFO assumes that the units to arrive last will be sold first. Hence inventory valuation is based on the prices of earlier units.
Ending Inventory = 36 x $126 = $4,536
The value of the ending inventory using the LIFO method of inventory pricing is $4,536.
