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liberstina [14]

3 years ago

14

ou are scheduled to receive $35,000 in two years. When you receive it, you will invest it for 8 more years at 6.5 percent per ye

ar. How much will you have in 10 years?

1 answer:

Studentka2010 [4]3 years ago

8 0

Answer:

$57,925

Explanation:

n = 8 years

i/r = 6.5%/year

PV = $35,000

The amount in 10 years (FV) = 35,000 x (1+0.065)^8 = $57,925

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4 years ago

Klingon Widgets, Inc., purchased new cloaking machinery four years ago for $8 million. The machinery can be sold to the Romulans

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But before that we need to find out the current asset which is

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3 years ago

Brush Industries reports the following information for May: Sales $ 915,000 Fixed cost of goods sold 103,000 Variable cost of

VMariaS [17]

Answer:

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Data provided as per the question below:-

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