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Sophie [7]
3 years ago
12

Help is here, a wrecker company, will soon need to purchase a new wrecker. the company anticipates needing $35,000 in 3 years. t

heir credit union offers an account that pays 3.4% per year compounded monthly for 36 months. find the monthly payment needed to accumulate the desired
Business
1 answer:
kogti [31]3 years ago
5 0

Answer:

Explanation:

The $35,000 that will be needed in 3 years is a future value (FV).

This is an ordinary annuity, and it is asking for the recurring payment (PMT)

Using a financial calculator, input the following;

Future value; FV = 35,000

Total duration ; N = 3*12 = 36 months

Interest rate; I = 3.4%/12 = 0.2833%

One time present cashflow; PV = 0

then compute recurring payment ; CPT PMT =924.86

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This exit strategy allows the entrepreneur an opportunity to buy back venture capital stock at cost and an additional premium. a
Luba_88 [7]

Answer:

A. Buyback

Explanation:

The exit strategy that provides the entrepreneur an opportunity to purchase back venture capital stock at cost and an additional premium is a Buyback

A buyback is when an entrepreneur buys its own shares in the stock market. It is a repurchase and minimizes/decreases the number of shares outstanding, which causes earnings per share to be inflated and, in many cases, the stock value also.

5 0
2 years ago
Being a meetings and events planner was named the _____ most stressful job in 2012? fifth sixteenth seventh sixth
Irina-Kira [14]
According to a 2012 Forbes article, CareerCast released a list of the most stressful jobs. "Event coordinator" was listed as the 6th most stressful job.

The answer is sixth. 
7 0
3 years ago
Payment for the use of a copyrighted work is called a
tatyana61 [14]

<span>Payment for the use of a copyrighted work is called a tax

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7 0
3 years ago
Which statement is FALSE?
morpeh [17]

Answer:BB

Explanation:b

3 0
3 years ago
Sparkling Water, Inc., expects to sell 3.7 million bottles of drinking water each year in perpetuity. This year each bottle will
MrRa [10]

Answer:

$39,345,664.93

Explanation:

The computation of the company worth today is as follows:

Present value of revenues after tax is

= $3,700,000 × 1.46 × (1 - 0.25) ÷ (0.07 - 0.018)

= $77,913,461.54

And, Present value of costs after tax is

= $3,700,000 × 0.82 × (1 -0.25) ÷ (0.07-0.011)

= $38,567,796.61

So, the company worth today is

=  $77,913,461.54 - $38,567,796.61

= $39,345,664.93

3 0
3 years ago
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