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Soloha48 [4]
3 years ago
12

An individual is planning to set-up an education fund for her daughter. She plans to invest $7,700 annually at the end of each y

ear. She expects to withdraw money from the fund at the end of 9 years and expects to earn an annual return of 8%. What will be the total value of the fund at the end of 9 years
Business
1 answer:
daser333 [38]3 years ago
4 0

Answer:

$96,154.20

Explanation:

We are to find the future value of the annuity

The formula for calculating future value = A (B / r)

B = [(1 + r)^n] - 1  

A = Amount

R = interest rate  

N = number of years

[(1.08)^9 - 1 ] / 0.08 = 12.487558

12.487558 x $7,700 = $96,154.20

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Why has the use of teams in the workplace increase so dramatically
gavmur [86]

The use of teams in the workplace has increased so dramatically because using team work will enable a company to take on additional works without having to employ more staff. This will result in more revenue and profits for the company.

3 0
3 years ago
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__________ is a qualitative forecasting technique in which experts work individually to develop forecasts. The individual foreca
alex41 [277]

Answer:

C

Explanation:

Delphi method is a iterative group process, continues until consensus is reached.  

It is generally applied to long term forecasting of demand. It is good for new products or for situations that are not well suited for quantitative analysis. Like other qualitative approches, the Delphi method is difficult to accurately measure.

There are three parts of participants:

-Decision maker. Evaluate responses and make decisions.

-Staff. Administering survey.

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8 0
3 years ago
Llcs are mainly capitalized via _______ or through the sale of _______ ownership in the llc itself. (choose two correct answers)
Aleksandr [31]

Llcs are mainly capitalized via Equity or through the sale of Debts ownership in the llc itself.

What is Equity?

Equity is the sum of money invested in or owned by a company's owner. The difference between a firm's obligations and assets on its balance sheet indicates how much equity the company has. The equity value is calculated using the share price or a value established by valuation specialists or investors.

Therefore,

Llcs are mainly capitalized via Equity or through the sale of Debts ownership in the llc itself.

To learn more about equity from the given link:

brainly.com/question/1957305

6 0
1 year ago
In 2009, the federal government created a program called cash for clunkers whereby consumers could trade in a less efficient car
alexandr1967 [171]

well to be honest man i dont know

7 0
3 years ago
Haulsee Inc. builds 800,000 golf carts a year and purchases the electronic motors for these carts for $370 each. Ordering costs
Allisa [31]

Answer:

4,084

Explanation:

Calculation to determine the economic order quantity (EOQ) for Haulsee

Using this formula

Economic Order Quantity (EOQ) =((2* Annual Requirement * Cost per order)/Carrying cost per unit)^ (1/2)

Let plug in the formula

Economic Order Quantity (EOQ) = ((2*800,000*540)/(370*14%))^(1/2)

Economic Order Quantity (EOQ) = 4,084 units

Therefore the economic order quantity (EOQ) for Haulsee is 4,084 units

4 0
2 years ago
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