Answer: $16,614.78
Explanation:
As you are making a constant deposit every year beginning immediately, this is an Annuity due.
The value in 3 years will be:
= Amount deposited * (1 + i) * (( 1 + i) ^n - 1) / i
= 5,000 * (1 + 5.2%) * (( 1 + 5.2%)³ - 1) / 5.2%
= $16,614.78304
= $16,614.78
Answer:
1.the present value for the following assuming that the money can be invested at 11% is $1,209,346.73
2.if she can invest money at 11%, I will recommend that she accept the first option of taking a lump sum of $150000
Explanation:
a) using the compound interest formula
A= p[1+r%]^n
P= $150000 n=20 r=11%
A= 150000[ 1+11/100]^20
A=150000[1.11]^20
A=150000 ×8.062311536
A= $1,209,346.73
2. The first option will give her $1,209,346.73 and the second option will give her ($14,000 ×20)+$60,000= $340000
Therefore the first option is better to accept because she will make more money in the first option than in the second option.
Hello!
I believe the correct answer would be: C. Comprises a group of countries that remove trade barriers among themselves.
I hope you found this helpful! c:
Advertising is a paid form of communication, delivered through media from an identifiable source, about a service, product and Idea.
<h3>What is advertising as a form of communication?</h3>
A product or service's customers can be reached through advertising. According to the Advertising Association of the UK, advertisements are messages that are paid for by those who send them and are meant to inform or persuade individuals who receive them.
The advertising industry is made up of businesses that advertise, agencies that produce the ads, media that run the ads, and a large number of individuals who take the ads all the way to the consumer or recipient, including copy editors, visualizers, brand managers, researchers, creative minds, and designers.
Learn more about advertising, here:
brainly.com/question/3163475
#SPJ1
