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Arisa [49]
3 years ago
6

You decide to save money for your daughter's education which requires a one time payment of $60,000 in 10 years and in pursuit o

f this you deposit a certain amount today in a bank which offers you a return of 6%. What is the amount that you need to deposit today
Business
1 answer:
Anarel [89]3 years ago
3 0

Answer:

The amount deposited today is $56,603.77

Explanation:

First of all, let us lay out the information clearly :

final amount to be realized = $60,000

return on investment = 6% = 0.06

Let the amount to be invested be P

6% of P + P = $60,000

0.06P + P = 60,000

1.06P = 60,000

∴ P = 60,000 ÷ 1.06 = 56,603.77 ( to 2 decimal places).

Therefore, the amount deposited today, that will yield a 6% return on investment to yield $60,000 is $56,603.77

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You measure sales over time and realize that the months of July, August, and September are particularly slow. As a result, you a
GarryVolchara [31]

Answer:

Letter c is correct. <u>Management Science.</u>

Explanation:

The correct alternative corresponds to the theory of management science.

This theory can be considered a contemporary management approach, whose central objective is to use several scientific methods to assist the company in reaching its objectives and goals.

That is, there is the use of a study of solutions of problems and techniques so that the use of resources and the decision-making process are potentialized for the production of a good or service.

This approach is often used in human organizations, as there are strong links in its implementation with the economy, management, management consulting, engineering, and others.

3 0
4 years ago
What is the current value of a future sum of money called?
Mashcka [7]
It seems that you have missed the necessary options for this question, but anyway, the correct answer for this would be PRESENT VALUE. The current value of a future sum of money is called a present value. Hope this is the answer that you are looking for. Have a great day!
4 0
3 years ago
Marketing in foreign markets can require altering the goods or services offered to meet the taste of local customers. therefore,
ziro4ka [17]

<u>Global marketing mix</u> that includes different strategies and types of ads based on the target market.

8 0
3 years ago
Sweet Stuff Sugar Source ships product all over the world. Since the product it ships has a low value-to-weight ratio, transport
dedylja [7]

Answer:

a large percentage of the total cost

Explanation:

When a product has a high value to weight ratio it means it is expensive and the weight is light. For products with low value to cash ratio they are cheap but have large weight.

Low value to weight ratio goods are more expensive to transport and they do not make up the high transportation cost because they are also cheap.

In this scenario Sweet Stuff Sugar Source ships low value to weight goods all over the world. So their transportation cost will be high and it will make up a large percentage of total cost.

5 0
3 years ago
On January 1, 2019, Ola Company paid $388,900 for a $400,000 face value 3% corporate bond yielding 4%, interest paid annually on
shutvik [7]

Answer:

B. $15,556

Explanation:

As given in the question

Face value of bond = $400,000

Carrying value of bond = $388,900

Discount from par value = $11,100

Coupon rate = 3%

Bond yielding rate = 4%

Interest revenue for the year = Carrying value of bond x Bond yielding rate

Interest revenue for the year = 388,900 x 4%

Interest revenue for the year = $15,556

The correct option is B. $15,556.

8 0
3 years ago
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