1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
quester [9]
3 years ago
6

"Find the amount of each payment to be made into a sinking fund which earns 7​% compounded quarterly and produces ​$50 comma 000

at the end of 3.5 years. Payments are made at the end of each period."
Business
1 answer:
Elodia [21]3 years ago
3 0

Answer:

Quarterly deposit= $3,182.78

Explanation:

Giving the following information:

A sinking fund earns 7​% compounded quarterly and produces ​$50,000 at the end of 3.5 years.

We need to find the quarterly deposit made at the end of each period.

<u>First, we need to calculate the quarterly interest rate:</u>

Interest rate= 0.07/4= 0.0175

To calculate the deposit, we need to use the following formula:

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

A= quarterly deposit

Isolating A:

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

n= 3.5*4= 14

FV= 50,000

i= 0.0175

A= (50,000*0.0175)/ [(1.0175^14)-1]= $3,182.78

You might be interested in
What is globalization in business.
aivan3 [116]

Answer:

the increase in the flow of goods, services, capital, people, and ideas across international boundaries.

6 0
3 years ago
All things equal, a magma will have __________ viscosity than a lava
mixas84 [53]
The answer to this question is Lower
Viscosity refers to the rate of thickness on a certain substance compared to another. Unlike magma, Lava is the mixture of various liquid, crystals, and some elements such as  silicon<span>, oxygen, aluminum, calcium, iron, magnesium </span>sodium<span>, potassium, phosphorus, and titanium, which makes it significantly more thicker compared to magma.</span>
3 0
3 years ago
What role does the idea of machine/machinery play in constructivist settings?
Juliette [100K]
The role that the idea of machine plays in contructivist settings include: RAMPS, PLATFORM AND STAIRWAYS.
In theater, a contructive setting is one which is highly theatrical, has practical apparatus for actors to manipulate and it also has skeletal frame. A construtive setting can easily be manipulated. 
8 0
3 years ago
Dr. Peabody recorded an $82 telephone bill that he will pay within thirty days. Which of the following statements is correct?
lana66690 [7]

Answer:

A. Telephone expense is debited $82; accounts payable is credited $82.

Explanation:

Mr. Peabody has incurred a debt of $82 on telephone expenses. His expenses have increased by $82, and his debts(liabilities) have also increased by $82.

An increase in expenses is recorded by debiting the relevant expense account. Mr. Peabody will debit the telephone expense account by $82.

Liabilities have increased by $82. An increase in liabilities is recorded by crediting the liabilities account. Mr. Peabody will complete this transaction by crediting the liabilities account by $82.

7 0
3 years ago
Good strategy execution involves Multiple Choice making choices among broad or narrow low cost and differentiation strategies to
Semmy [17]

Answer:

<u><em>The answer is:</em></u> team participation to perform strategy-critical activities in light of prevailing circumstances.

Explanation:

The good execution of the strategy is mainly related to the ability of managers to involve all operational areas and all employees in the process of participating in the strategic actions that were developed to achieve the goals and objectives of the organization.

Therefore, managers have an essential role in exercising control, coordination and monitoring of the teams, so that the execution of the strategy takes place in an effective and active manner, being shared as a responsibility and efforts of the entire team.

8 0
3 years ago
Other questions:
  • The management of Furrow Corporation is considering dropping product L07E. Data from the company’s budget for the upcoming year
    14·1 answer
  • Why would banks offer higher interest rates for savings and checking accounts? A) To encourage people to spend money in the econ
    10·1 answer
  • Which of the following choices is an example of an intangible item??
    8·1 answer
  • 3. A worker within the middle income class is preparing to retire. In the year before he retired, his gross monthly earnings are
    7·1 answer
  • Suppose that papers for a newspaper stand cost $0.40 and sell for $0.80. They currently have no salvage value.
    8·1 answer
  • A firm can hire six workers at a wage rate of $8 per hour but must pay $9 per hour to all of its employees to attract a seventh
    15·1 answer
  • Econo Nation started 2008 with no national budget debt or surplus. By the end of 2008, it had a budget surplus of $304 million;
    13·1 answer
  • YouEye is developing eye tracking technology that works with an individual’s webcam. Instead of needing to spend thousands of do
    12·1 answer
  • A 4% S/A coupon bond with 4 coupons remaining has a BEY of 8.00%. You buy the bond a little over a month before you get the firs
    13·1 answer
  • Since it‘s where most young adults spend their time, 50% of retailers spend at least half of their marketing money on.
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!