The Future value is $9523.42. Future value is the amount of money that, when invested now at an interest rate, will eventually grow to be.
<h3>
What is the Future Value of Money?</h3>
Future value is the amount of money that, when invested now at an interest rate, will eventually grow to be.
Calculation of Future value
Present Value = $7,000 interest rate = 8% Time = 4 years
FV = Future Value PV = Present Value
FV=PV(1+i)ⁿ
FV= 7,000(1+0.8)⁴= $9,523.42
Thus, the Future Value of $7,000 for four years is $9523.42.
Learn more about Future Value here:
brainly.com/question/14860893
#SPJ1
Answer:
The sandwich approach
Explanation:
The sandwich approach -
It is referred to as an unilaterally controlling strategy .
In this type of strategy , the feedback is given in the form of a sandwich , where the positive feedback is wrapped inside the negative feedback , is referred to as the sandwich approach .
i.e. ,
The person starts with negative points and then add new positive points and finally ends with the negative points .
Hence , from the given scenario of the question ,
The correct answer is the sandwich approach .
<span>student loans will offer a six month grace period after a student/ borrower leaves the school, interest on the loans will add to the cost of the loans on top of what you already owe</span>
Answer:
The present value of the dividends to be paid out over the next six years if the required rate of return is 15 percent is $6.57
Explanation:
Solution:
Given that
The present value =∑ ⁿ t=1 cf/ (1 +r)t
where cf= cash flow
r =the required rate of return
t = the number of years
Now
The present value will be:
cf₁/(1+r)^1 + cf₂/(1 +)^2 + cf₃/(1+r)3 + cf₄/(1 +r)^4) + cf₅/(1 +r)^5 + cf₆/(1+r)^6
Hence,
cf₁, cf₂ cf₃ = 0 as the firm does not expect to pay dividend in the next three years
Note: Kindly find an attached document of the part of the solution to this given question
Monthly payment because she pays it every 30 days
