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Y_Kistochka [10]
3 years ago
11

Your brother has asked you to help him to choose an investment. He has $6,000 to invest today for a period of two years. You ide

ntify a bank CD that pays an interest rate of 4.25 percent with the interest being paid quarterly. What will be the value of the investment in two years?
Business
1 answer:
kramer3 years ago
3 0

Answer:

$ 6, 529.40

Explanation:

The value of the investment will be the future value of $6000 invested at 4.25 percent compounded quarterly for two years.

The formula for calculating the future is as below.

FV = PV × (1+r)n

where FV = Future Value

PV = Present Value : $6000

r = annual interest rate: 4.25 % divide by four

n = number of periods: 8 (2 x 4)

Since interest is paid quarterly or four times per year, the applicable interest rate will be 4.25 /4 = 1.0625%

There will be 8 periods( 4 quarters per year x 2)

Fv = 6000 x (1 + 1.0625/100)8

Fv =6000 x (1+ 0.010625)8

Fv =6000 x 1.08822900

Fv= 6529.3740

FV= $ 6, 529.40

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The correct answer to the following question is option D) Capability .

Explanation:

Resource typing can be defined as a process in which each resource is assigned a standardized typing designation, which would allow the incident commander to request and deploy the resources. Capability is used to categorize resources , where they will be sought out and mobilized in incident response and management .

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81. The forward rate of the Swiss franc is $.50. The spot rate of the Swiss franc is $.48. The following interest rates exist: U
Alisiya [41]

Answer:

invest  = $96,914

so correct option is d. $96,914

Explanation:

given data

forward rate of the Swiss franc = $.50

spot rate of the Swiss franc = $.48

pay a sum = SF200,000

solution

we know Borrow is here

Borrow = \frac{SF200000}{1.05}

Borrow = SF190,476

and

when we convert it will be

Convert SF190,476 is

Convert  = SF190,476  × $.48 = $91,428

so investment at 6 % is

Invest = 6 % of $91,428 + $91,428

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invest  = $96,914

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7 0
3 years ago
Mildred and Robert are the only buyers in the market for DVDs. Mildred buys 5 DVDs when the price of a DVD is ​$6.00 ​, 4 DVDs w
Nookie1986 [14]

Answer:

increases as the price falls

Explanation:

A. increases as the price rises

B .at $8.00 a DVD is 8 DVDs a month

C. at $6 a DVD is less than the quantity demanded at $8.00 a DVD

D. increases as the price falls

E .at $6.00 a DVD is 4 DVDs a month

According to the law of demand, the higher the price, the lower the quantity demanded and the lower the price, the higher the quantity demanded.

As price decreases, quantity demanded increases

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Petroski Natural Dying Corporation measures its activity in terms of skeins of yarn dyed. Last month, the budgeted level of acti
algol13

Answer:

$577 Unfavorable

Explanation:

The calculation of spending variance for dye costs is shown below:-

Spending variance for dye cost = (Standard rate - Actual variable) × Actual units

= ($0.67 - $13,910 ÷ 19,900) × 19,900

= (0.67 - 0.69899) × 19,900

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Therefore for computing the spending variance for dye costs we simply applied the above formula.

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3 years ago
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