1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
nekit [7.7K]
3 years ago
14

you are a trust fund baby, but you cannot touch your money until you are 30. you are now 21 and want to plan for your future bas

ed on the current value of your trust fund. The guaranteed payout of your trust is $25,000. what is that money worth to you today if you assume an annual inflation rate of 3% compounded annually
Business
1 answer:
meriva3 years ago
6 0

Answer:

Explanation:

30 - 21 = 9 years

r = 3% inflation

FV = 25,000

We know that FV = PV(1+r)^n

25,000 = PV(1+0.03)^9

PV = 25,000/ 1.3047731

PV = 19,160.42, this is how much it worth today

You might be interested in
Look at Ivan's check register. Ivan spent $158.29 on groceries. He then transferred $250 to his savings account.
jolli1 [7]

Answer:

(1)=A    (2)=D

i just need to fill up this space to answer~

7 0
3 years ago
Read 2 more answers
The three (3) key components in creating a financial plan are: Select one: a. The sales forecast, proforma financial statement a
atroni [7]

Answer:

The correct answer is the option D: Free cash flow, economic value added, sales forecast.

Explanation:

To begin with, in the field of business, a financial plan consists of an strategy that the managers of the company must follow in order to have every money aspects established and on guard of what can happen straight ahead regarding the conditions and circumstances of the organization's environment and context as well. Therefore that a financial plan's major three components are the cash flow statement where the managers must see how the money is flowing in and out, also the sales forecast that will encourage the company itself to try to achieve that expectations and the economic value added could also be very important when it comes to matters of money and how the business will value their products for sale according to the costs structure that the enterprise has.  

7 0
3 years ago
Metallica Bearings, Inc., is a young start-up company. No dividends will be paid on the stock over the next 9 years because the
Diano4ka-milaya [45]

Answer 45k ...

Explanation:

7 0
2 years ago
He vertical hierarchy is also known as _____.
wolverine [178]
Another term for the word "vertical hierarchy" is "the chain of command." A vertical hierarchy is an organisational structure that looks like a pyramid. Located at the topmost portion of this "pyramid" are the executives of a company, and below it are the supervisors in different departments and divisions.
3 0
3 years ago
The more​ ________ used, the greater the leverage a company employs on behalf of its owners.
son4ous [18]

The more​ debt used, the greater the leverage a company employs on behalf of its owners.

<h3>What is financial leverage?</h3>

Financial leverage exists as the usage of borrowed money (debt) to finance the purchase of assets with the anticipation that the income or capital gain from the new asset will surpass the cost of borrowing.

<h3>What is financial leverage example?</h3>

An example of financial leverage use contains utilizing debt to buy a house, borrowing money from the bank to begin a store, and bonds issued by companies.

Debt exists as an obligation that requires one party, the debtor, to pay money or other agreed-upon value to another group, the creditor. Debt stands for deferred payment, or sequence of payments, which distinguishes it from an immediate purchase.

To learn more about financial leverage refer to:

brainly.com/question/17099821

#SPJ4

8 0
1 year ago
Other questions:
  • Building an organization capable of good strategy execution entails:
    7·2 answers
  • If you were in the dry-cleaning business, whom would you benchmark for their technological innovations? List companies in relate
    6·1 answer
  • The financial statements for Lexington Service Company include the following items
    12·1 answer
  • A limitation of using past performance as a basis for judging actual results is that​ ________. A. future conditions can be diff
    15·1 answer
  • Milltown Company specializes in selling used cars. During the month, the dealership sold 31 cars at an average price of $15,900
    10·1 answer
  • Assume that there is a 25 percent reserve ratio and that the Federal Reserve buys $4 billion worth of government securities. If
    10·1 answer
  • Use the following scenario for the question below. A group of 100 people seeks out an insurance company to underwrite health ins
    6·1 answer
  • You are employed by Company A, which makes motorcycles. You have been asked to write a brief report (following a report format)
    6·1 answer
  • Identify which method of overcoming objections did you use for each Boomerang. Question, Superior
    15·1 answer
  • Wich situation would cause the price of a product to fall the most
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!