You have to divide the 38 months into the $1,320 r<span>eceived tax free.
</span><span>Solution:
$1,320 divided by 38 months = $34.7368 per month
</span><span>$34.74 times 12 = $416.84
</span>$17,500 minus $417= $17,083
Answer:
$15,747.34.
Explanation:
The Future Value of the Investment, FV can be determined using a financial calculator as follows :
Pv = - $3,400
n = 18 × 2 = 36
p/yr = 2
r = 8.70 %
Pmt = $0
Fv = ?
Using a Financial calculator, the Future Value of the Investment, FV is $15,747.34.
Answer:
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Explanation:shagsvsbdbdissbevegbubtalkingnwbou y isle tab efor ee
Answer:
c. It shows the purchasing history of citizens by year.
Explanation:
CPI stands for Consumer Price Index. A census in CPI will provide the data about the changes in average price of customers goods and services that's bought by the households in a country.
A government can know the purchasing history of average citizens by examining the changes in these prices. (If the price increases, it usually indicates that more customers purchases that particular product.)
Answer:
21.42
Explanation:
rE= Div1 / P0+ g
= 3.00/ 25.50 + .04
= 0.15% or 15%
Solve for new stock price:
P0= Div1 / (rE- g)
= 1.50/ (0.15- .08)
=1.50/0.07
= 21.42
Therefore assuming that JRN's risk is unchanged by the expansion, the value of a share of JRN after the announcement is closest to: 21.42