Answer: $8,069.29
Explanation:
If it is paid at the beginning of the year, it accumulates an extra year of interest and would be an Annuity Due.
If it is paid at the end, it is an ordinary annuity.
Present value of annuity due = Annuity * Present value interest factor of Annuity due, 6.8%, 25 periods
= 10,000 * 12.673521
= $126,735.21
Present value of annuity = Annuity * Present value interest factor of annuity, 6.8%, 25 periods
= 10,000 * 11.866592
= $118,665.92
Difference :
= 126,735.21 - 118,665.92
= $8,069.29
Given a 7 percent interest rate, compute the present value of payments made in years 1, 2, 3, and 4 of $1,000, $1,300, $1,300, a
PolarNik [594]
Answer:
$4,199.29
Explanation:
Year 1 Payment value = $1,000
Year 2 Payment value = $1,300
Year 3 Payment value = $1,300
Year 4 Payment value = $1,400
Present value of Payments = [(FV year 1 / (1+r)^1)+(FV year 2 / (1+r)^2)+(FV year 3 / (1+r)^3)+(FV year 4 / (1+r)^4)
Present value of Payments = [(1000/(1+0.07)^1)+(1300/(1+0.07)^2)+(1300/(1+0.07)^3)+(1400/(1+0.07)^4)
Present value of Payments = $4,199.29
Answer:
Forecast sales = 115% x $700 million = $805 million
Inventory = $30.2 million + .25($805 million) = $231.45 million
Inventory turnover = Forecast sales/Inventory
= $805 million/$231.45
= 3,48 times
Explanation:
Inventory turnover is the ratio of sales to inventory. Inventory is $231.45 million while forecast sales is $805 million. The division of sales by inventory gives inventory turnover.
The answer is letter B.
An image of your house key is not an example of of a biometric check.
The appropriate response is C.You might have the capacity to review the material yet you don't really comprehend it. An eidetic picture is a sort of clear mental picture, not really got from a real outside occasion or memory. It was distinguished in the mid twentieth century as a particular wonder by analysts including E.R. Jaensch, Heinrich Klüver, Gordon Allport and Frederic Bartlett.
