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
Salsk061 [2.6K]
3 years ago
5

Beginning on January 1, 2020, 5 equal deposits are to be made in a fund. Required: Using the appropriate tables, determine the e

qual deposits if interest at 10% is compounded annually and if $200,000 must be in the fund on (Click here to access the PV and FV tables to use with this problem.) Round your answers to two decimal places. January 1, 2024 $ 27,707.38 January 1, 2025 $ 29,781.36
Business
1 answer:
8090 [49]3 years ago
7 0

Answer:

Explanation:

FV \div \frac{(1+r)^{time} -1}{rate} = C\\  

FV  $200,000.00  

time 5 years

rate 0.1% = 10/100 = 0.10

200000 \div \frac{(1+0.1)^{5} -1}{0.1} = C\\  

C  $ 32,759.496  

The installment will generate 10% interest overtime and provide with a 200,000 dollar count after six years

You might be interested in
A customer buys a Brokered CD for $100,000. Upon receipt of his next account statement, the customer sees that the market value
Mnenie [13.5K]

Answer: A. interest rates have risen

Explanation:

Since the customer buys a Brokered CD for $100,000 and upon eceipt of his next account statement, he sees that there has been a reduction in the market value of the CD to $99,800.

This would occur because there has been an increase in the interest rates. On the other hand, assuming there was a reduction in the interest rate, this will lead to an increase in the market value.

5 0
2 years ago
brainstorming solicits the help of multiple people to formulate concepts and identify ways to bring them to market. true or fals
andreev551 [17]

Answer:

a.

Explanation:

hahshahaha joke lang

3 0
2 years ago
Frank noticed that Anna missed making their monthly sales quotas at a large auto dealer. He thinks this happened because she lac
masha68 [24]

Answer: Fundamental attributional error.

Explanation:

Frank is making a fundamental attributional error when judging the cause of Anna's inability to meet sales target. Frank is blaming her failure based on her character rather than on the real reason which is the attractive sales offer of their competitors. Fundamental attributional error is an error which arises from judging a person's action based on their character without considering other possible external causes.

8 0
3 years ago
So you them the answer you submit must be the d operators; they are pald $8. 10 an hour each and work 40 hours a week and 52 wee
Crank

The net present value for all favor keeping the canon copiers $6580

<h3>What is net present value?</h3>

The net present value, also known as net present worth, is applied to a series of cash flows that occur at different dates. The present value of a cash flow is determined by the time elapsed between now and the cash flow. It is also affected by the discount rate. The temporal value of money is accounted for by NPV.

The term net present value (NPV) refers to the current total value of a future stream of payments. If the net present value (NPV) of a project or investment is positive, it signifies that the discounted present value of all future cash flows associated to that project or investment will be positive, and hence appealing.

To know more about net present value follow the link:

brainly.com/question/17185385

#SPJ4

3 0
1 year ago
A company under IFRS standards decides to include interest paid in the Financing Section of their Statement of Cash Flows. How w
Mariulka [41]

The company under IFRS will have lower cash flow in the financing section and higher cash flow in the operating section than the company under US GAAP.

Explanation:

Interest payments are a capital outflow and are viewed as a part of the Cash Flow Statement under US GAAP. The Cash Flow from transactions under IFRS is higher than that under the US GAAP if it is presented in the finance segment of IFRS.

As, on the other hand, the cash outflow for the company is smaller under IFRS than the US GAAP, if interest payments is included in the funding segment of IFRS.

The company under US GAAP would be required to include interest paid in the operating section, which lowers cash flows for that section

3 0
3 years ago
Other questions:
  • The management of Penfold Corporation is considering the purchase of a machine that would cost $310,000, would last for 5 years,
    14·1 answer
  • Park &amp; Company was recently formed with a $5,400 investment in the company by stockholders. The company then borrowed $2,400
    15·1 answer
  • Carolina, the accountant for Duke Manufacturing, tells her friend, Jacob, who works in customer service for Duke, that she is wr
    11·1 answer
  • Which statement best describes the effects of low and high interest rates on the economy? Low interest rates encourage consumers
    12·2 answers
  • _ are unique because the technology is based on the human brain and focuses on pattern recognition from large data sets. A. Lear
    8·1 answer
  • Bob at Bob’s Furniture is looking at a perceptual map about customers’ ideas about his products. The attributes customers care m
    8·1 answer
  • What should a potential employee consider before agreeing to a contract?
    9·1 answer
  • Which of the following is an example of a final good or service?
    7·1 answer
  • Coronado Industries reported total manufacturing costs of $450000, manufacturing overhead totaling $68000, and direct materials
    7·1 answer
  • What country borders the caspian sea, the persian gulf, and the gulf of oman?.
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!