Answer:
Future value (FV) = $57,908
Present value (PV) = $8,860
Number of years (n) = 18 years
Interest rate = ?
FV = PV(1 + r)n
$57,908 = $8,860(1 + r)18
$57,908 = $8,860(1 + r)18
<u>$57,908</u> = (1 + r)18
$8,860
6.535891648 = (1 + r)18
18√6.535891648 = 1 + r
1.10993 - 1 = r
r = 0.10992 = 10.99%
Explanation:
In this case, we will apply the future value of a lump sum (single investment) formula. The present value, future value and number of years are given with the exception of interest rate. Thus, interest rate is made the subject of the formula.
Answer:
labor-management
Explanation:
Labor-management agreement is when the leaders and the employees of a company make an agreement that has the goal of protecting the rights of the parties involved and define aspects like salaries and working conditions of the employees. According to this, the answer is that the negotiated labor-management agreement outlines the rights of both parties in the negotiating process, including work hours, wages, employee benefits and grievance procedures because this agreement between employees and employers establishes the conditions the employees will receive for their services to avoid disputes and protect the rights of the parties.
To learn about different careers, doing extracurricular activities can be beneficial for they are activities that could be either volunteered and are of outside of the school. These activities could help in learning different careers for the student could interact with people that he or she meets in the activities that the student is involved in. Job shadowing could also be helpful in learning different careers for it allows an individual to join someone who is working and observe them or learn more about their job description or their work. Lastly, internship is also a way of leaning careers for it is a way of introducing a person of the tasks that he or she could tackle when he or she thinks of taking a specific job in relation to it. The answer that is not included would be tv sitcom for they focus more on television shows that does not discuss about learning careers.
Firm b pays a constant dividend (D0) = $9.50
Number of years (N) = 11 years
Rate of return on the stock ( R ) = 11%
The share price of the stock (P0) = Present value of dividend for 11 years at 11%
P0 = D0*PVIFA (k%,n)
P0 = $9.50*PVIFA(11%,11)
P0 = $9.50*6.20625
P0 = $58.96
Hence, the price of the stock is $58.96
Answer:
B. $2,000 loss
Explanation:
The amount recognized for gain/ loss on disposal of asset = purchased price - depreciation - sold price
= $32,000 - $16,000 - $18,000
= - $2,000
-> loss of $2,000
