Answer:
=$11,580.00
Explanation:
The CD pays 4.9 percent compounded monthly for four years.
In one year, there will be 12 occasions of compounding; after four years, there would be 12 x 4 = 36 compounds.
The interest rate per year is 4.9 percent; monthly interest will be 4.9 /12, which is 0.4083 percent.
The amount in four years is the same as the future value after four years.
=FV = PV (1+r)n
Pv =$10,000
r=0.4083 %
N =36
Fv = 10,000(1+0.4083/100)36
=10,000(1+0.004083)36
=$10000 x 1.1579932
=$11,579. 932
=$11,580.00
Answer:
informational
Explanation:
Based on the scenario being described within the question it can be said that Danny is mainly responsible for informational resources. This refers to any and all types of data, which in this case mainly pertains towards consumer preferences. Danny's responsibilities include gathering, analyzing, managing, organizing, storing, and distributing informational data.
abc should reports the liability on the balance sheet as a: $1 million current liability and a $4 million long-term liability.
<h3>Liability</h3>
The liability will appear in the balance sheet as:
Current liability (Payable)= $1 million
Long term liability=$5 million-$1 million
Long term liability=$4 million
Therefore abc should reports the liability on the balance sheet as a: $1 million current liability and a $4 million long-term liability.
Learn more about liability here:brainly.com/question/24534918
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Answer:
deliverability, flexibility and accessibility
Explanation:
Advanta Pro has recognised the benefits of the internet because of its deliverability, flexibility and accessibility. From the past 2 decades, most of the companies are using internet as the main source of advertising their commodities. E-commerce after the globalisation emerged as an important tool of promotion and information sharing. Overall, the company will share the information by using the internet to contact and attract more potential customers.
Answer:
The price of the stock today is $30.09
Explanation:
Using the dividend discount model approach, we can calculate the price of the stock today. The DDM bases the price on the present value of the expected future dividends from the stock. Thus, the price today for this stock using DDM will be,
P0 = 1.25 * (1+0.17) / (1+0.1) + 1.25 * (1+0.17) * (1+0.18) / (1+0.1)^2 +
1.25 * (1+0.17) * (1+0.18) * (1+0.15) / (1+0.1)^3 +
[ (1.25 * (1+0.17) * (1+0.18) * (1+0.15) * (1+0.04) / (0.1 - 0.04)) / (1+0.1)^3 ]
P0 = $30.09