Answer:
An example email to the company:
Dear Sirs:
I have recently been in contact with some sources that have told me that you baby Powder may be causing ovarian cancer. I would respectfully ask you to look into this issue, as your product may be harming young children.
Thank you for your time,
_Your name herE_
Answer:
$1,235.47
Explanation:
In this question, we use the present value formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Future value = $1,000
Rate of interest = 5% ÷ 2 = 2.5%
NPER = 15 years × 2 = 30 years
PMT = $1,000 × 7.25% ÷ 2 = $36.25
The formula is shown below:
= PV(Rate;NPER;PMT;FV;type)
So, after solving this, the answer would be $1,235.47
Answer:
FVA5 = [$50,000 * (1.075 -1) / 0.07] + [$30,000 * (1.073 - 1) / 0.07]
Explanation:
Future value is value of asset or security at a later date in future with incorporating the effects of growth rate. Rusty Industries have decided to save $50,000 which will then grow to $80,000 for three years. The year 5 rate is 7% which will be used to compute the future value of savings.
