Answer:
The correct answer is 777.169.56.
Explanation:
According to the scenario, the given data are as follows:
Payment per year (PMT) = $3,000
Time (N) = 40 years
Rate of interest (R)= 8%
So, the future value of the following can be calculated by using the following formula:
Future value = PMT × 
Now, put the value of the following in the formula. then,
= 3,000 × 
= 3,000 × 259.0565
= 777,169.56
Hence, the value in the account after 40 years will be 777,169.56.
Answer: The statement "d. The excess of the credits of an asset account over the debits is the balance of the account.". is <u>NOT TRUE.</u>
Explanation: The statement "d." is not true because according to the basic equity equation (ASSETS = LIABILITIES + EQUITY).
The excess of the debits of an asset account over the credits is the balance of the account and the excess of the credits of an owner's equity account or a liability account over the debits is the balance of the account.
Answer:
So option (b) is correct option
Explanation:
We have given value of operation PV = $25.00
WACC, that is 
= 11.50% = 0.1150
It is grow at a constant rat of 7 % so g = 0.07
We have to find the value of 
We know that value of operation is given by
So 
So option (b) is correct option
Answer:
0.4868%
$615.47
Explanation:
Given that
a. EAR = 6%
Thus,
Equivalent monthly rate = (1 + r)^n - 1
Where r = EAR
Therefore
= (1 + 0.06)^1/12 - 1
= 1.0048675 - 1
= 0.0048675 × 100
= 0.4868%
b. Given that
Monthly rate = 0.4868%
Future value = 100,000
Time = 10 years
Recall that
FV annuity formula = C × (1/r) × ([1 + r ]^n - 1)
Where
C = payment
Therefore
100000 = C (1/0.004868) × ([1 + 0.004868]^120 - 1)
C = 100,000/(1/0.004868) × ([1 + 0.004868]^120 - 1)
C = $615.47 per month
Suppose that the market for labor is initially in equilibrium. If the firm employs labor-saving technology, the equilibrium wage and the quantity of labor will both rise.
<h3>How do you calculate labor market equilibrium?</h3>
The labor market is in equilibrium when supply equals demand; E* workers are employed at a wage of w*.
In equilibrium, all persons who are looking for work at the going wage can find a job.
<h3>What is equilibrium wage rate?</h3>
The equilibrium market wage rate is at the intersection of the supply and demand for labor.
Employees are hired up to the point where the extra cost of hiring an employee is equal to the extra sales revenue from selling their output.
Learn more about equilibrium here:
<h3>
brainly.com/question/19472121</h3>
<h3>#SPJ4</h3>
