Answer:
43%
explanation:
add them all up for x. then add the concession and parking lot costs for y. finally divide y/x.
Explanation:
Answer:
$44,325.
Explanation:
In this question we use the future value formula which is shown below:
Future value = Present value × (1 + interest rate)^number of years
= $22,500 × (1 + 0.07)^10
= $22,500 × 1.97
= $44,325
We simply applied the future value by considering the present value, interest rate and the number of years
Answer:
Market price of bond = $2,166.30
Explanation:
Step 1
<em>Calculate the interest payment per 6 months and number of periods</em>
Interest rate per 6 months = (5.96% × 2000)/2 = 59.6
Number of periods = 19 × 2 = 38 periods
Step 2
<em>Calculate the Present Value (PV) of the interest payment</em>
Yield per six month = 5.3%/2 = 2.65%
PV = A × (1+r)^(-n)
= 59.6× ( (1.0265)^(-38)/0.0265 )
= 59.6 ×23.7685
= $1,416.60
Step 3
<em>Calculate the PV of the Redemption Value (RV)</em>
PV = RV × (1+r)^(-n)
= 2000 × (1.053)^(-19)
= 749.705925
Market price of Bond =1,416.60 + 749.70
= $2,166.30
Market price of bond = $2,166.30
Is a company or organization that sells products or services to a local population of individuals
B. To get an error adjusted in the next billing cycle