Answer:
D. $686
Explanation:
Given that
Credit sale = 750
Return = 50
Terms 2/10
Amount received in full therefore,
= [(750 - 50) - (750 - 50 {2%})]
= 700 - (700 × 0.02)
= 700 - 14
= $686
Answer:
A. product such as a repair job and a project such as an advertising campaign
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Answer:
C) Expected return
Explanation:
The expected return is the profit or loss an investor anticipates on an investment that has known or anticipated rates of return (RoR). It is calculated by multiplying potential outcomes by the chances of them occurring and then totaling these results.
A really good return on investment for an active investor is 15% annually. It's aggressive, but it's achievable if you put in the time to look for bargains. You can double your buying power every six years if you make an average return on investment of 12% after taxes and inflation every year.
Answer:
PV $61,399.0165
Explanation:
First, we solve for the present value of the annuity:
3rd year > Annuity Start 25th year end
<-----/----/----/----/----/----/----/----/----/......----/----/----/----/----/---->
^ Present day
C 6,800.00
time 22 years (25 - 3)
rate 0.07
PV $75,216.4354
Now, as this is 3 years from now so we make an additional discount from this lump sum:
Maturity $75,216.4354
time 3.00
rate 0.07000
PV 61,399.0165
that would be the value of the annuity today.