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lidiya [134]
4 years ago
7

At the end of a full year mary garber had $6248.95 in her saving account. If the rate of interest was 12.253%, how much money di

d Mary have in the bank at the beginning of the year?
Business
1 answer:
allochka39001 [22]4 years ago
4 0

Answer:

$5,566.84

Explanation:

to determine the amount of money that Mary had in her account at the beginning of the year we can use the resent value formula:

present value (PV) = future value (FV) / (1 + interest rate)ⁿ

where:

  • FV = $6,248.95
  • interest rate = 12.253%
  • n = 1

PV = $6,248.95 / (1 + 12.253%) = $6,248.95 / 1.12253 = $5,566.84

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The green giant has a 8 percent profit margin and a 67 percent dividend payout ratio. the total asset turnover is 1.3 times and
Goryan [66]
Profit margin of green giant = 8% = 0.08
 Dividend payout ratio = 67% = 0.67
 Total turnover = 1.3 times
 Equality multiplier = 1.6 times
 First calculate the return of equity = profit margin x turnover x equality
multiplier
 Return of Equity = 0.08 x 1.3 x 1.6 = 0.1664
 Now the sustainable rate of growth = Return of Equity x (1 - Dividend payout ratio)
 Sustainable rate = 0.1664 x (1 - 0.67) = 0.1664 x 0.33 = 0.055
 Sustainable rate of growth = 5.5%
8 0
3 years ago
Drawing tree diagrams. After taking a course on statistics, 88% of students can successfully construct tree diagrams. Of those w
Yuliya22 [10]

Answer:

A. Check the image

B. The probability that a student is able to construct a tree diagram if it is known that he or she passed is 79.2%

Explanation:

a) A tree diagram is a tool that simplifies the distribution of probabilities. So we start making branches (lines) according to the probability of each succes to happen, so in this case we first divide the tree diagram between those who can construct tree diagrams that represent the 88% so it means it has a probability of 0.88 and those who can't construct tree diagrams, so if 88% can  just 12% can't construct tree diagrams that is a probability of 0.12.  This is the first part of the tree diagram.

After that tere is another condition that is passing so for those who construct it is the 90% (0.9 probability) for passing, so in this group it is just 10% (0.1 probability) that doesn't pass. Now for those who don't construct tree diagrams, 60% (0.6 probability) pass so 40% losses (0.4)

See in the diagram that if you add the numbers that compound each of the vertices the result is a 100% or 1.0 probability, this is what you have to take into account when you are constructing a tree diagram.

b) For calculating a probability after constructing the tree diagram you just need to multiply each of the factor in which you are interested. In this case:

Construct tree diagram X Pass = 0.88 x 0.9 = 0.792

So the probability for a student that can construct a tree diagram to pass is 0.792, now for having in percentage we just need to multiply by 100% then:

0.792 x 100 = 79.2%

4 0
3 years ago
Richard’s annual college expenses are expected to total $17,745. He will receive $5,320 in grants. How much will Richard need to
lozanna [386]
$12,425 you just need to subtract how much he gets in grants from how much he owes 
7 0
3 years ago
Read 2 more answers
What is the name of the document that comes with your paycheck and
Serga [27]

Answer:

A Paystub.

Explanation:

Paystub or payslip is the document that shows the amount that an employee earned in a particular month and the deductions made. Therefore, a  paystub indicates the total earning or gross pay, the total deductions, and the net pay.  

The paystub shows each earning and deduction on its line. In other words, the paystub show itemized details of all earnings and deductions.

3 0
3 years ago
On January 1, Year 1, Jing Company purchased office equipment that cost $15,200 cash. The equipment was delivered under terms FO
Tanzania [10]

Answer:

$3,120

Explanation:

First and foremost, annual depreciation expense is determined using the below straight-line method formula:

annual depreciation=total cost of equipment-salvage value/useful life

total cost of equipment=purchase price+ transportation cost

total cost of equipment=$15,200+$1,300

total cost of equipment=$16,500

salvage value=$5,700

useful life =5 years

annual depreciation=($16,500-$5,700)/5

annual depreciation=$2,160

net income=cash revenue-cash expenses-annual depreciation+profit/(loss) on disposal

profit or(loss)=sales proceeds-book value

book value=cost-accumulated depreciation for 3 years

book value=$16,500-($2160*3)=$10,020

profit/(loss) on disposal=$8,900-$10,020=-$1,120

net income= $17,400-$11,000-$2,160-$1,120

net income=$3,120

5 0
3 years ago
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