Answer:
The future value of the $200 invested yearly for 4 years at 8% is $973.32
Explanation:
The future value of an immediate annuity is given by the formula = (1+r)*[P*((1+r)^n-1)/r]
P=is the periodic payment of $200
r=rate of return=8 percent
n=number of years=4
By slotting the variables into the formula we have:
Fv=(1+0.08)*(200*((1+0.08)^4-1)/0.08)
FV=$973.32
Judging by the concept of time value of money, it is expected that the sum invested at interest would have been much more at maturity of the investment as $1 today should give a lot more than $1 in future.
The accounts used by a business can be kept on pages or cards, which are kept together in a book or file called .. Ledger.
Answer:
10.45%
Explanation:
Calculation to determine the cost of debt
B/S = 1.57 − 1
B/S = .57
.156 = .14 + .57(1 −.21)(.14 − RB)
.156 = .14 + .57(.79)(.14 − RB)
RB = .1045*100
RB= 10.45%
Therefore the cost of debt is 10.45%
To be excluded from the client's total gifts in the year made are
- Paid a hospital $11,000 for medical services rendered to a friend
- Made a donation to the democratic party. Option D I and III
This is further explained below.
<h3>Which of these transfers will be excluded from the client's total gifts in the year made?</h3>
Generally, If anything is referred to as "the client's," it means that it belongs to a single person, such as a client's file. The use of the clients' plural possessive demonstrates that we may attribute things to more than one client.
In conclusion, To be excluded from the client's total gifts in the year made are
- Paid a hospital $11,000 for medical services rendered to a friend
- Made a donation to the democratic party. Option D I and III
Read more about client's
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CQ
Your client has made all of the following transfers. Which of these transfers will be excluded from the client's total gifts in the year made?
Paid a hospital $11,000 for medical services rendered to a friend
Paid a family member $15,000 so she could go to school
Made a donation to the democratic party
Made a contribution to the shriner's hospital, which provides free medical care to children
A)
II and IV
B)
I and II
C)
III and IV
D)
I and III
It is important, because you have to explain how to do a procedure in order for the former person to understand what you believe is correct in math.
