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Nonamiya [84]
3 years ago
10

The table shows the predicted cost of attending an in-state four-year public college 4 years from now. Category Predicted Annual

Cost tuition $9,350 room and board $8,630 books and fees $1,650 transportation $2,140 other $1,110 Caleb used the table to determine the minimum amount he should save each month to have enough money to pay for his first year of college. He anticipates receiving $4,500 in grants and he will live at home. If he has 4 years to save, and places his money in an interest bearing college savings account, what is the minimum Caleb and his family should save each month? $100 $200 $300 $400
Business
2 answers:
astraxan [27]3 years ago
7 0
<span>To find the cost of going to this college in four years, sum all the values given (9350 + 8630 + 1650 + 2140 + 1110), which gives $22,880 for attending. Subtracting 4500 for grants and 8630 for not having to live on-campus gives a value of $9750 required. Dividing this value by 48 months (the time left before he begins attending) gives an approximate value of $203.13 needed to be saved per month without any interest being added. To make sure that Caleb has enough if the $3.13 per month isn't made up by interest down the line, $300 should be saved each month.</span>
Scilla [17]3 years ago
3 0

the right answer is $200.

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Explanation:

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Bad White [126]

Answer:

Ebay

Explanation:

Ebay’s corporate and sales websites have  a lot of differences, the most notable being the lack of interface to purchase products on the corporate site. Another difference is that the corporate website is more like a newsfeed, showing achievements, advertisements, etc, for the company, whereas the sales site has lots of pictures and products, and it is more visually pleasing because of the colours. A final difference is there is a lot less text and writing on the sales website than on the corporate website.

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I think Ebay does not have a target market, as when you access their sales website, they have products for every age group, baby toys, phones, mobility scooters, etc.

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You're welcome.

5 0
3 years ago
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Answer:

(1)$42.4 (2)$50.50 (3)$85.32

Explanation:

Solution

Given that:

(1) The current stock price is computed below:

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Where

D₁ = the next dividend expected

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g = he growth rate

Thus

= $1.60×(1+6%)/(10%-6%)

$42.4

(2) The formula for the stock price in three years  is given below:

Stock price, P3= D4÷(r-g)

Here

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r = the return required

g = he growth rate

= $1.60×[(1+6%)^4]/(10%-6%)

= $50.50

(3) Now we determine the price of the stock in 12 years

P12 = D13÷(r-g)

Here

D₁ = the next dividend expected

r = the return required

g = the growth rate

= $1.60×[(1+6%)^13]/(10%-6%)

= $85.32

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