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ziro4ka [17]
3 years ago
7

You’ve just joined the investment banking firm of Dewey, Cheatum, and Howe. They’ve offered you two different salary arrangement

s. You can have $7,300 per month for the next three years, or you can have $6,000 per month for the next three years, along with a $32,500 signing bonus today. Assume the interest rate is 8 percent compounded monthly. a. If you take the first option, $7,300 per month for three years, what is the present value?
Business
1 answer:
svetlana [45]3 years ago
7 0

Answer:

$223,370

Explanation:

See attached file

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The annual rate will increase with the greatest speed from year 1 to year 3.

<h3>What is the growth rate?</h3>

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From 1948 to 2021, the GDP Annual Growth Rate in the United States averaged 3.14 percent, with an all-time high of 13.4 percent in the fourth sector of 1950.

From the above declaration, it's clear that choice C, year 1 to year 3, is the proper option.

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2 years ago
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The correct answer is C,
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3 years ago
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Which of the following statements about globalization is NOT true?
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A globalization change in a relationship affecting a government
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               To cash  $213,000

(To record prepaid rent)  

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(To record cash received on season sales)  

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(To record sales revenue recognised)  

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(To record note payable issued on borrowed amount )  

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e No entry  

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(To record amout due)  

6 0
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