60k and 4k because thats what he put he lost
Calculating the present value of a cash flow or series of cash flows that will be received in the future is the process of discounting.
A value obtained in the future is converted to an equivalent value received right away through the process of discounting. Discounting determines this relative value, so a dollar received in 50 years may be worth less than a dollar received today. Using the aforementioned method, the discounting process assists an investor in estimating the investment's value in current dollars at the investor's desired rate of return. Due to the opportunity cost of spending money now and the desire to enjoy advantages now rather than in the future, discounting makes current costs and benefits more valuable than those that will occur in the future. A discount factor in financial modeling is a decimal number multiplied by a cash flow value to reduce it to its present value. As the effect of compounding the discount rate accumulates over time, the factor grows (i.e., the decimal value shrinks).
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Answer:
70years
Explanation:
The future value formula for compound interest, after n interest period is
where i is the interest rate per period in decimal form and P is the principal or present value.
The Rodriquez family is determined to purchase a $250,000 home so
F=$ 250,000
The family plans to save $2,500 a quarter for this purpose and expects to earn 6.65 percent.
This implies that:
For t years, the number of compounding periods will be;
We fixed the values into the formula and solve for t.
It will take approximately 70years
True, it’s a good idea because it helps protect your home and other assets
The answer to this question is a part of Employee onboarding
and orientation. An Employee onboarding is the process where a new employee
will be welcomed in the company and will inform the new employee of the culture
of the company, rules and regulations, and the new hired employee will also
receives his or her identification cards, and other related paper works with
regards the persons tasks. Also in the employee onboarding, the benefits of the
employee are also being discussed to ensure that the new hired employee will
know what are his benefits and perks. Employee
Onboarding may take at least 3 days depending on the program schedule that the
human resource officer had made.
