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OverLord2011 [107]

4 years ago

15

determine the future value of $18,000 , annual rate 12% and period invested 9 years , calculator interest compounded semiannuall

y, i= n=,

2 answers:

const2013 [10]4 years ago

6 0

Well 12 x 18 equals 216,000 i did this on paper too

Andreas93 [3]4 years ago

4 0

The answer would be 180,000. I am just guessing. But pretty sure.

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You have borrowed $28,000 at an interest rate of 12% compounded annually. Equal payments will be made over a four-year period, w

Sloan [31]

Answer:

$A = 28000 [\frac{0.12 (1.12)^4}{(1.12)^4 -1}]$

$A = 28000 [\frac{0.12*1.574}{1.574-1}]$

$A=28000*0.3292 = 9218.564$

So then the annual pay would be $ 9218.564 for this case

Explanation:

For this question we can use the Equivalent annual value (A) given by the following expression:

$A = PV [\frac{i (1+i)^t}{(1+i)^t -1}]$

Where $PV = 28000$ represent the pesent value

$i = 0.12$ since the rate is yearly

$t = 4$ since we have 4 years to pay

So then we have everything to replace and we got:

$A = 28000 [\frac{0.12 (1.12)^4}{(1.12)^4 -1}]$

$A = 28000 [\frac{0.12*1.574}{1.574-1}]$

$A=28000*0.3292 = 9218.564$

So then the annual pay would be $ 9218.564 for this case

And this amount would be paid each year in order to pay all the money after 4 years.

6 0

3 years ago

A COMPANY HAS RECENTLY OURSOURCED ITS PAYROLL PROCESS TO A THIRD-PARTY SERVICE PROVIDER. AN AUDIT TEAM WAS SCHEDULED TO AUDIT PA

Olin [163]

C. The third party is a desperate business. If it sees a major flaw from the third party it could possibly take action but this isn't as much of a worry as one would think.

7 0

3 years ago

Your team is working hard to develop a strategy to serve a new client. Which of the following actions is most important to ensur

Levart [38]

Answer:

b. Invite the client into a meeting to shape the strategy.

Explanation:

It is very important when we invited the client for meeting so that we are able to share the strategy as the open and loose could be discussed in a proper way and in easy way also the suggestions are also welcome. In addition to this, the strategy should be taken place as per the preferences, requirements and choices of the clients

Therefore the option b is correct

8 0

3 years ago

You believe you will spend $47,000 a year for 13 years once you retire in 26 years. If the interest rate is 7% per year, how muc

nika2105 [10]

Answer:

Annual deposit= $8,896.79

Explanation:

Giving the following information:

You believe you will spend $47,000 a year for 13 years once you retire in 26 years.

The interest rate is 7% per year.

<u>First, we need to calculate the total amount required:</u>

FV= 47,000*13= $611,000

<u>Now, using the following formula, we can determine the annual deposit:</u>

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

A= annual deposit

Isolating A:

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

A= (611,000*0.07) / [(1.07^26) - 1]

A= $8,896.79

4 0

3 years ago

Imagine a world where there are only two countries. In country A, the people spend 80% of their marginal income. In country B, t

Pavlova-9 [17]

Based on the percentage spent out of their marginal income, the country where fiscal policy would be more effective is<u> Country A </u>

The country where fiscal policy would be more effective is the one that has a higher multiplier.

Multiplier is calculated as:

<em>= 1 / ( 1 - Marginal propensity to consume)</em>

Marginal propensity to consume is the percentage spent out of marginal income.

Country A multiplier:

= 1 / ( 1 - 80%)

= 5

Country B multiplier:

= 1 / ( 1 - 60%)

= 2.5

In conclusion, fiscal policies would be more effective in Country A.

<em>Find out more at brainly.com/question/17012705. </em>

7 0

3 years ago