Answer:
$1,067,477.62
Explanation:
A fix Payment for a specified period of time is called annuity. The discounting of these payment on a specified rate is known as present value of annuity.
Formula for Present value of annuity is as follow
PV of annuity = P x [ ( 1- ( 1+ r )^-n ) / r ]
PV of annuity = $100,000 x [ ( 1- ( 1+ 8% )^-5 ) / 8% ]
PV of annuity = $1,067,477.62
According to my calculations, in order to be able to withdraw $100,000 from an annuity earning 8% at the end of each of the next 25 years, the amount you would need to deposit now would be $1,067,477.62.
Answer:
Quick Books Online uses smart learning in its reconciliation tool to help find any rogue transactions by recognizing if transactions have been excluded erroneously from bank feeds. Because bank feeds includes all transactions of bank account. What 2 reasons might mean a transaction needs to be excluded in bank feeds?
Explanation:
A. Natasha has been billed correctly for her purchase of standard shipping.
To determine if Natasha has been billed correctly for her purchase, you need to review the details of the purchase.
First, you need to confirm the cost of the items purchased. This can be done by looking at the itemized list of purchases on the receipt.
Next, you need to confirm the cost of shipping. If Natasha selected standard shipping, then the cost will be listed on the receipt.
Finally, you need to compare the cost of the items purchased and the cost of shipping to the total amount billed to Natasha's credit card. If the total cost of items and shipping matches the total amount billed to Natasha's credit card, then Natasha has been billed correctly.
In this case, since the total cost of items and shipping matches the total amount billed to Natasha's credit card ($91.08), Natasha has been billed correctly. Therefore, the answer is A. Natasha has been billed correctly.
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Answer:
30,000 units
Explanation:
According to the inventory cost model, the production run size that minimizes costs is given by:
Where D is the annual demand (1,500,000 items), S is the cost of each production run ($900) and H is the holding cost per unit ($3). Applying the given data:
Each production run should consist of 30,000 units.
