Answer:
the future value in two years is $110.25
Explanation:
The computation of the future value in two years is shown below:
As we know that
Future value = Present value × (1 + rate of interest)^number of years
= $100 × (1 + .05)^2
= $100 × (1.1025)
= $110.25
Hence, the future value in two years is $110.25
The same should be considered and relevant
Answer:
The answer is $119,000
Explanation:
cost of merchandise sold = Sales - Gross profit.
To find gross profit:
Gross profit rate x sales
0.42 x $1,450,000
= $609,000.
Now to calculate Cost of Sales:
Cost of Sales = Sales - gross profit
$1,450,000 - $609,000
$841,000
Now to calculate Estimated ending merchandise inventory:
Beginning merchandise inventory + purchases - cost of sales
=$100,000 + $860,000 - $841,000
=$119,000
Answer:
The debt is the total the U.S. government owes—the sums it borrowed to cover last year's deficit and all the deficits in years past.
Explanation:
Answer:
Annual withdraw= $33,641.50
Explanation:
Giving the following information:
PV= $375,000
n= 25 years
i= 7.5%
<u>To calculate the annual withdrawal, we need to use the following formula:</u>
Annual withdraw= (PV*i) / [1 - (1+i)^(-n)]
Annual withdraw= (375,000*0.075) / [1 - (1.075^-25)]
Annual withdraw= $33,641.50
The platform which is your<em> best option</em> for creating a digital forum where your followers can interact with you and each other is:
- A) Social networking site
<h3>What is a Social networking site?</h3>
This refers to the use of social media networks to share content with people and also for interactive purposes.
With this in mind, we can see that as a proud owner of Sunnyside Up Cafe, there is a need for interaction with loyal customers which has been built for 15 years, so a social networking site would be best for this.
Read more about social networking here:
brainly.com/question/1297932
