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jenyasd209 [6]
3 years ago
8

You need to have $35,000 for a down payment on a house 5 in years. If you can earn an annual interest rate of 3.7 percent, how m

uch will you have to deposit today?
Business
1 answer:
quester [9]3 years ago
6 0

Answer:

$29,185.98

Explanation:

Compounding and discounting are the methods used to determine the relationship between present and future value.

Compounding is the method used to determine the future worth of an amount today while discounting is the method used to determine the present value of a future amount.

Both are related by

Fv = Pv(1 + r)^n

where Fv = future amount

Pv = present value

r = rate

n = time

Therefore,

35000 = Pv(1 +0.037)^5

Pv = 35000(1 +0.037)^-5

Pv = $29,185.98

You would have to deposit $29,185.98 to be able to make the down payment of $35,000 on a house in 2 years

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Suppose that the price of a pound of bananas is
monitta

Answer:

$1.50 per pound if bananas

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3 years ago
Which are examples of copyrighted online materials? Check all that apply. an article from an Internet magazine lyrics for a song
agasfer [191]

Answer:

The correct options are;

Photos taken by a student in his blog

An illustration sold by an artist on her website

An excerpt from a novel published in 1913

Explanation:

With the copyright law the holder of a copyrighted material has the exclusive authority to grant permission to others to create from, copy, distribute, or display in public, the copyrighted material.

A copyright is said to have expired and to be in public domain (with automatic permission to use) when it has been up to 120 years since it was created. Government created material are not covered by the copyright law and can be used

Copyright material can only be used without the express permission of the copyright owner when it is covered by the TEACH Act of the usage must be taken as "fair use"

Therefore,

1) photos taken by a student in his blog

2) An illustration sold by an artist on her website

3) An excerpt from a novel published in 1913  are copyrighted online materials.

7 0
3 years ago
Read 2 more answers
How do u mark brainlist pls? hurry
tatyana61 [14]

Answer:

after two or more people answer there will be a crown next to the report button

Explanation:

6 0
3 years ago
A false statement of a material fact regarding ownership of business property that results in a loss of sales is referred to as
Vedmedyk [2.9K]

Answer: Slander of title

Explanation:

Slander of title is referred to as incorrect statement about a person or business property, products and so on. This form of public statement might be written or oral which result in harm or financial loss to the person’s property title. For example: a claim of ownership of an artwork of another person or company. Thus, it is an attack on the reputation of a business property by another party.

8 0
3 years ago
A company's board of directors votes to declare a cash dividend of $.75 per share of common stock. The company has 15,000 shares
Norma-Jean [14]

Answer:

The total amount of the cash dividend is $7,125

Explanation:

The Dividend is declared to pay all the outstanding shares in the market. Sometime the company has some treasury shares in the stocks which is deducted from the total issued shares to find the outstanding shares. In this case, the issued shares and the outstanding numbers of shares are different.

Treasury shares are those shares that are bought back by the company that issued the shares.

Use the following formula to calculate the cash dividend

Cash Dividend = Numbers of outstanding shares x Dividend rate

Where

Numbers of outstanding shares = 9,500 shares

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Placing values in the formula

Cash Dividend = 9,500 x $0.75 per share

Cash Dividend = $7,125

3 0
3 years ago
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