Answer: The answer is $2,759.22
Explanation: From the question above, we have:
September 1st to January 1st is 4 months, this is 1/3 of a year which means that the student will earn:
=> 9/3 = 3%
3% interest for the money that is saved is the savings account. So the student must put in at least:
x + 3%x = 1400
x + 0.03x = 1400
1.03x = 1400
x = 1400 / 1.03
x = 1,359.22
Therefore, if the student saves $1,359.22 in the savings account By September 1st, she will have $1400 by January 1st.
Also, the student needs to make $1400 for the first semester. So overall she will need to make:
1,400 + 1,359.22 = $2,759.22 during the summer in order to ensure that she will have enough money to pay for both semesters.
Answer and Explanation:
Nina's guardian Ollie is putting an undue influence on Nine to sign a contract to invest funds in Penny Stocks Inc. In this way Ollie is getting benefit while exerting pressure on Nina. Nina has the option to cancel the contract on the basis of undue influence.
Answer:
Net income 167,800
Explanation:
The net income will be determinate by the difference of the revenues and revenues:
Service revenue 300,000
Salaries expense 81,000
Rent expense 48,000
Utilities expense 3,200
Total expenses <u> 132,200 </u>
Net income 167,800
If provided with a tax rate, that value would be the earnigns before taxes (EBT)
We should also calculate the income tax and then, subtract the income tax to get the net income
Answer:
The growth which is estimated is wrong.
Explanation:
The Prospective price to earning ratio P/E multiples are calculated using future earnings. In that way, they can be dramatically wrong. Relative valuation is quick and easy. It compares industry peer.
The answer is liquidity (A)
