Answer:
Amount received = 217,043.56 (Approx)
Explanation:
Given:
Monthly deposit = $400
Interest rate = 3.2% / 12 = 0.002667 per month
Number of year = 63 year - 35 year = 28 year
Number of period = 28 × 12 month = 336 month
Computation:
![Amount \ received = PMT[\frac{(1+r)^n-1}{r} ]\\\\Amount \ received = 400[\frac{(1+0.002667)^{336}-1}{0.002667} ]\\\\Amount \ received =400[\frac{(1.002667)^{336}-1}{0.002667} ]\\\\Amount \ received =400[\frac{2.44713794-1}{0.002667} ]\\\\Amount \ received =400[\frac{1.44713794}{0.002667} ]\\\\Amount \ received =400[542.608901]\\\\Amount \ received =217,043.56\\\\](https://tex.z-dn.net/?f=Amount%20%5C%20received%20%3D%20PMT%5B%5Cfrac%7B%281%2Br%29%5En-1%7D%7Br%7D%20%5D%5C%5C%5C%5CAmount%20%5C%20received%20%3D%20400%5B%5Cfrac%7B%281%2B0.002667%29%5E%7B336%7D-1%7D%7B0.002667%7D%20%5D%5C%5C%5C%5CAmount%20%5C%20received%20%3D400%5B%5Cfrac%7B%281.002667%29%5E%7B336%7D-1%7D%7B0.002667%7D%20%5D%5C%5C%5C%5CAmount%20%5C%20received%20%3D400%5B%5Cfrac%7B2.44713794-1%7D%7B0.002667%7D%20%5D%5C%5C%5C%5CAmount%20%5C%20received%20%3D400%5B%5Cfrac%7B1.44713794%7D%7B0.002667%7D%20%5D%5C%5C%5C%5CAmount%20%5C%20received%20%3D400%5B542.608901%5D%5C%5C%5C%5CAmount%20%5C%20received%20%3D217%2C043.56%5C%5C%5C%5C)
Amount received = 217,043.56 (Approx)
Answer:
One typical example of this linkage between the economy at the macroeconomic level, and business decisions at the macroeconomic and microeconomic level, is what happened with Lehman Brothers in 2008.
Explanation:
Lehman Brothers was one of the main investment banks in the United States. During the years prior to the financial crisis, Lehman Brothers decided to pursue a risky but profitable strategy of over leveraging -lending a lot more money than they had as deposits.
Once the financial crisis hit, a macroeconomic event, it affected the company at the macro and micro level. At the macro level because Lehman Brothers itself ceased to exist as it went bankrupt, and at the micro level, because it had to enter a process to pay off some debtors, and some of the employees who were laid off due to the dissolution of the firm.
<span>monuments is the right answer </span>
Answer:
III) Increase its gross margin
Explanation:
If the company increases its gross margin, it will have a direct impact on the company's net profit. The higher a company's net profit, the higher its value = higher stock price.
The only option that increases the value of the company is to increase its net profit, since:
- an increase in inventory will result in a lower stock price
- a decrease in the asset turnover ratio will result in a lower stock price
- the issuing of stock dividends will only increase the price of stock in the short run, later the price will adjust down since the company's book value will lower
