Solution :
Initial amount is : $1091 .
Rate, r = 0.12 .
Let, amount will be $1728 in t years.
So,
Hence, this is the required solution.
Answer:
Ted's net cash flow is zero. Therefore, he might want to work on managing his income to get a positive net cash flow. There is no indication that Ted is putting any money in savings.
Hope it helps!
Answer:
A. to the company's system of internal controls.
Explanation:
The statement of responsibility is a statement that is usually in line with the laid down rules and the regulation of the governing body. It is a statement of the procedures that shows that the management is able to maintain a good and effective internal controls over financial reports. These are to show how reliable the informations are and to see that proper authorizations are given for transactions and that assets are safe.
Answer:
Unprofessional employees are below or contrary to the standards expected in a particular profession.
An unprofessional employees.
The Dress of unprofessional employee is not always smart, and he will always blame others for the mistake, he or she doesn't take to correction.
They have bad manners and play pranks and gossip during work period.
They have poor communication skills and he or she may be stealing from the company
All this are unprofessional employee
Answer:
Answer for question :
The recent dividend payout by IBM was $3.00. IBM's dividends are expected to grow about 6.5% per year. If your required rate of return is 17%. What is the expected stock price two years from now. Round the answer to the nearest integer " is as explained below.
Explanation:
1. the expected stock price two years from now = 3 * 1.065^3/(0.17 - 0.065)
the expected stock price two years from now = 34.51
2. FV = 0, N = 8, PMT = 288, rate = 4%
use PV funciton in Excel
value at time 0 = 1939.03
