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Dmitriy789 [7]
3 years ago
14

Karley's setting aside $32,000 each quarter, starting today, for the next three years for an expansion project. How much money w

ill the firm have at the end of the three years if it can earn an average of 5.45 percent on its savings
Business
1 answer:
Mashutka [201]3 years ago
8 0

Answer:

Final Value= $414,135.43

Explanation:

Giving the following information:

Quarterly deposit= $32,000

Number of quarters= 3*4= 12

Interest rate= 0.0545/4= 0.01363

To calculate the final value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= quarterly deposit

FV= {32,000*[(1.01363^12)-1]} / 0.01363

FV= $414,135.43

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Isamu owns I Pity the Foot, a retail shoe store. Isamu carefully controls costs by ordering in bulk, limiting labor costs, and r
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3 years ago
Which type of join is most commonly performed using standard queries in Access?
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Answer:

below

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3 0
3 years ago
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Nata [24]

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4 0
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Chloe Closson paid for her vacation to the mountains with a $3,000 installment loan at 10% for 12 months. Her monthly payments w
erastova [34]
If Chloe did not pay off the loan, she will payout 263.75 x 12 = $3165.00 

However, if Chloe pays off the loan with the sixth payment, she will pay out (263.75 x 5) + 1,786.20 = $3,086.95.

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