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valina [46]
3 years ago
10

Suppose that you make a series of annual deposits into a bank account that pays 12% interest. The initial deposit at the end of

the first year is $1,200. The deposit amounts increase by $600 in each of the next 5 years. How much would you have immediately after the 6th deposit
Business
1 answer:
tamaranim1 [39]3 years ago
4 0

Answer:

$20,314.17

Explanation:

To find the 6th deposit, we use the future value formula for each yearly payment.

PV(1 + i) FV

FV (year 1) = $1200(1 + 0.12)5 = $2114.81

FV (year 2) = $1800(1 + 0.12)4 = $2832.33

FV (year 3) = $2400(1 + 0.12)3 = $3371.83

FV (year 4) = $3000(1 + 0.12)2 = $3763.2

FV (year 5) = $3600(1 + 0.12)1 = $4032

PV (year 6) = $4200

Total amount you will have after the 6th deposit is = $20,314.17

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Siva, Inc., imposes a payback cutoff of three years for its international investment projects. Year Cash Flow (A) Cash Flow (B)
Digiron [165]

Answer:

The payback period for Silva Inc. is 3 years. If considering only this method of evaluating projects, Silva Inc will invest in project A and dismiss project B.  

Payback period A=2,1539 years.

Payback period B= 3,0042 years

Explanation:

The payback period refers to the amount of time it takes to recover the cost of an investment. The payback period is the length of time an investment reaches a breakeven point.

<u>Cash Flow A:</u>

                $

I0= - 70.000

1=     28000 =    -42000

2=    38000 =    -4000

3=     26000 =    22000

Payback period= full years until recovery +

                             unrecovered cost beginning year/Cashflow  during year

Payback period A= 2  + (4000/26000)= 2,1539 years.

<u>Cash Flow B:</u>

                $

I0=   -80000

1=       20000 =   -60000

2=       23000 =   -37000

3=       36000 =    -1000

4=       240000 =   239000

Payback period B= 3 + 1000/240000= 3,0042 years

<u>The payback period for Silva Inc. is 3 years. If considering only this method of evaluating projects, Silva Inc will invest in project A and dismiss project B.  </u>

<u></u>

7 0
4 years ago
As a new salesperson for a textbook publisher, Kylie is creating a list of professors that decide what texts their schools use.
spayn [35]

Answer: Option D

Explanation: Prospecting is the first step in a selling process. Under this the sales person identifies the potential customers and communicate with them to covert them into current customers.

Similarly, qualifying refers to analyzing the characteristics of a lead to determine if it qualifies as a prospect.

Hence from the above we can conclude that Kylie is performing the function of prospecting and qualifying.

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Explanation: i got it right on EDG 2020

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Answer:

true

Explanation:

beacuse the faces of industrtions

6 0
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