Answer: $19963.6
Explanation:
The present value of this investment if the interest rate is 8% would be gotten by using the formula below;
PV = PMT/[r × (1+r)^n / (1+r)^n -1]
PV = 5000[8% × (1+8%)^5 / (1+8%)^5-1
PV = 5000[0.08 + 1.08^5 / 1.08^4
PV = 19963.6
Therefore, the present value of the investment is 19963.6
<span>When Callie developed a detailed description of her ideas for a gym and asked for feedback from women about the proposal, she was engaging in? Concept testing. Concept testing is the act of getting opinions/reactions to a product or service prior to the product or service entering the market. This helps gage consumer interest when pulling in a group of potential customers. </span>
Answer:
$2884
Explanation:
Given that:
- 28 employees qualify for one vacation day each
- Average daily wage is $103 per day
So he amount of vacation benefit expense to be recorded for the month of July:
= number of employees * average daily wage
= 28*$103
= $2884
<span>Divide $200 by 80 to get $2.50 price per zap. At 3%, Jermaine's $200 would grow to $206 ($200 x 1.03) = $206 by the end of the year. At the end of one year he would have $6 more and would be able to purchase two more zaps (2 X ($2.50 X 1.03), or 2 X $2.575 = $5.15) He would have $.85 left in change.</span>
Answer:
12 Times.
Explanation:
By putting values in the below format:
= (1200000/((80000+120000/2))
= 12