Answer:
annual withdrawals is $1,393.87
Explanation:
given data
Amount Deposited = $5,000
Annual Interest Rate = 7.2%
First withdrawal = 2020
last withdrawal = 2025
solution
we consider equal sized annual withdrawals = x
so we can say that Amount Deposited amount will be as
$5,000 =
..........1
we take common here
so
$5,000 =
solve it we get
x = $1,393.87
so that annual withdrawals is $1,393.87
Answer:
A) kiosk marketing
Explanation:
kiosk marketing -
The marketing strategy , which a kiosk is used , is known as kiosk marketing .
A kiosk , is a temporary booth operated by one or two people, which is used to attract people, specifically placed in a crowded place, for marketing purpose .
Kiosks are placed in places like , malls , busy street etc .
Hence , the company , Green gardens set up kiosks in order to attract people and increase their customers and thereby increasing their profit .
Answer:
False Statement:
B. Only II is False.
Explanation:
If the cash flow from a project is farther out, the present value will be lower, all else being equal. This is because of the time value of money. This concept states that the money you receive today is higher in value than the same amount received in the future. And if the future is father out, then the value of the money will continue to reduce in relative value based on this time value of money concept.
Normally 5:00 pm sometimes they run late though
Answer:
c
Explanation:
Internal rate of return is the discount rate that equates the after-tax cash flows from an investment to the amount invested. It is a capital budgeting method.
IRR can give conflicting answers when negative cash flow in mixed with positive cash flows during the life of the project. that is the negative cash flow does not occur at the beginning of the project
IRR considers the time value of money
Consider two sceneries
In the first scenario, 50,000 is invested in a project, the cash flow in year 1 and 2 is 0. the cash flow in year 3 is 150,000. IRR is 44.2%
n the second scenario, 50,000 is invested in a project, the cash flow in year 1 is 50,000. cash flow in year 2 100,000 and 3 is 0 . IRR is 100%
IRR gives higher value to cash flows occurring in earlier years