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gayaneshka [121]
3 years ago
8

Why do we have to pay taxes

Business
1 answer:
Blizzard [7]3 years ago
3 0
So that the goverment can make things like roads and buildings, as well as pay for things like public school, courts, prisons, colleges, hospitals, etc.
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Troy will receive $7,500 at the end of Year 2. At the end of the following two years, he will receive $9,000 and $12,500, respec
Pepsi [2]

Answer:

$33,445.44

Explanation:

The future value of an investment is its worth at a future date if the investment is done at a specific interest rate compounded yearly for certain number of years

It is computed as follows:

FV = PV (1+r)^n

FV = Future Value, PV = present value, r- interest rate, n- number of years

<em>Future value of $7500 after 3 years:</em>

FV = 7500× (1.08)^3 = 9,447.84

<em>Future Value of $9000 after 2 years:</em>

FV = 9000 × (1.08^2) = $10,497.6

<em>Future value of $12,500 after 1 year:</em>

FV = 12500× 1.08 = $13,500

The future value of these cashflows at the end of year 5

= 9,447.8 + 10,497.6 + 13,500

= $33,445.44

7 0
3 years ago
Read 2 more answers
The following data apply to keefin booni company (million of dollars)
777dan777 [17]
The correct answer is BOE *]
4 0
2 years ago
What are the basic need-to-know things about wound care nursing?
Oksanka [162]
You need to put in love
8 0
3 years ago
The three "R's" of socially responsible business are "reuse," " recycle," and "____."
vagabundo [1.1K]

Answer:

Reduce

Explanation:

Reduce

Reuse

Recycle!

6 0
2 years ago
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Multiple Choice Question Mahan Corporation expects total sales to increase by 20% over the next year. The corporation has no spa
AlekseyPX

Answer:

$48,000

Explanation:

The computation of the corporation debt is shown below:

Since the asset is increased by 20%

The present asset is $100,000

ANd, the increased assets is

= $100,000 + $100,000 × 0.20

= $100,000 + $20,000

= $120,000

Now the debt is

= $120,000 × 0.4

= $48,000

hence, the last option is correct

3 0
2 years ago
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