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Anna [14]
4 years ago
6

What is the present value of​ $12,500 to be received 10 years from​ today? Assume a discount rate of​ 8% compounded annually and

round to the nearest​ $1.00.
Business
1 answer:
notka56 [123]4 years ago
8 0

Answer:

$5,790

Explanation:

As we know that

Future value = Present value × (1 + rate)^number of years

where,

Present value  = $?

Future value = $12,500

Rate = 8%

Number of years = 10 years

So, the present value equal to

= $12,500 ÷ (1 + 0.08)^10

= $12,500 ÷ 2.1589249973

= $5,790

Basically we applied the future value formula so that the present value could come

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A property was purchased two years ago for $300,000; the investor just sold the property for $379,000. What was the percentage o
ikadub [295]

Answer:

percentage of profit is 26.3%

Explanation:

given data

purchase property cost = $300,000

time = 2 year ago

sold  property = $379,000

solution

we get here percentage of profit in relation to the cost

first we get here percentage value increase  that is

percentage value increase = \frac{379000}{300000}

percentage value increase = 1.263

percentage value increase = 126.3%

so here 1 in 1.263 represent you the original cost

so profit % = 1 - 1.263

profit % = 26.3%

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Answer:

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3 years ago
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Answer: Preview-view-review strategy.

Explanation: The preview-view-review strategy is used in many different learning environments. This process allows the presenter or teacher to preview the information that will be covered, go over the information being discussed and then review it as a conclusion at the end. By previewing the information, the audience is able to understand what topics will be covered, then learn about them in the view stage and have a summary of the information covered in the review.

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What determines the amount of tax revenue generated from oil and natural gas produced in Texas?
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in Texas, the amount of oil and natural gas produced together with the market price determines the amount of tax to be generated.

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3 years ago
Oil Products Company purchases an oil tanker depot on January 1, 2017, at a cost of $600,000. Oil Products expects to operate th
anzhelika [568]

Answer:

The Journal entries are as follows:

(i) On January 1, 2017

Plant Assets A/c Dr. $600,000

      To cash                                 $600,000

[To record the depot]

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Plant Assets A/c Dr. $41,879

       To To Asset retirement obligation $41,879

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