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Jet001 [13]
3 years ago
10

A company will need ​$45,000 in 8 years for a new addition. To meet this​ goal, the company deposits money in an account today t

hat pays 11​% annual interest compounded quarterly. Find the amount that should be invested to total ​$45,000 in 8 years.
Business
1 answer:
True [87]3 years ago
3 0

Answer:

The amount that should be invested to total $45,000 in 8 years is $18,995.

Explanation:

According to the situation, you have to calculate the amount that you have to invest in the present to get $45,000 in eight years. You can find it using the formula:

P= F/(1+(i/n))^nt

P= present value

F= future value: $45,000

i= interest: 11%

n= number of times compounded per year: 3

t= time in years

P= $45,000/(1+(0.11/3))^(8*3)

P= $45,000/(1+0.0366)^24

P= $45,000/2.369

P= $18,995

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Albright Motors is expected to pay a year-end dividend of $3.00 a share (D1 = $3.00). The stock currently sells for $30 a share.
quester [9]

Answer:

g = 6%

so option c is correct

Explanation:

given data

dividend D = $3.00

sells = $30  

rate = 16%

to find out

what is g choose correct option

solution

we know here rate of return is express as

rate of return = D / S  + g   .............1

put here value in equation 1

rate 16% , D is dividends and S is sells

so

rate of return = dividend / sells + g

16% = 3 / 30 + g

g = 0.16 - 0.10

g = 0.06

g = 6%

so option c is correct

3 0
3 years ago
Based on his psychosocial framework, Erikson believed that people who haven't reached _____ have serious regrets about their lif
FinnZ [79.3K]

Based on his psycho social framework, Erikson believed that people who haven't reached integrity have serious regrets about their life and are terrified of death.

Explanation:

The psycho-social context is a characteristic form of practice which emerged early in the development of the discipline. Their objectives are to restore sustain and improve people's personal and social functionality.

It developed considerably out of its Psychoanalytical and Ego conceptual foundations based on psychological and social concepts. New information on identity and gender has been implemented.

According to Erikson the full recognition and acknowledgement of the death is a sense of dignity. It is important to take responsibility for your own life and to be able to undo the mistakes and to please yourself. The inability to do so generates a hopeless feeling.

4 0
4 years ago
Myrtle Flower Company, sends its management trainees to an assessment center. There, the employees are assigned to small groups
soldi70 [24.7K]

Answer:

leaderless group discussion

Explanation:

Based on the scenario being described it can be said that the type of term for this type of development exercise is a leaderless group discussion or LGD for short. This exercise focuses on placing individuals in a group in order to work together on solving specific problems without help from a trained professional or expert in the matters that they are dealing with.

6 0
3 years ago
The many natural waterways provided cheap movement of goods to market. <br> a. True <br> b. False
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The answer is true
hope i helped

7 0
4 years ago
A company purchased a computer system at a cost of $34,000. The estimated useful life is 7 years, and the estimated residual val
Ipatiy [6.2K]

Answer:

$7,000

Explanation:

Calculation for the depreciation expense for the second year

Depreciation rate will be:

2/7 = 29%

$34,000 × 29% = $9,860

The depreciation in the first year will be $9,860

Thus,

($34,000 - $9,860) × 29%

$24,140×29%

= $7,000

Therefore the depreciation expense for the second year will be $7,000

3 0
3 years ago
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