Answer: initial principal
Explanation:
Compound interest (or compounding interest) is interest calculated on the initial principal, which also includes all of the accumulated interest from previous periods on a deposit or loan.
Answer:
A corporation is to make profit
non-profit coorporation don't have any shareholders, so they serve a different function. Thier focus is on something other than making profit
Answer:
3482.12
Explanation:
Net present value is the present value of after-tax cash flows from an investment less the amount invested.
NPV can be calculated using a financial calculator
Cash flow = net income + depreciation = 16,200 + 3300 = 35,700
($56,100 - $7500) / 3 = 16,200
Cash flow in year 0 = 56,100
cash flow in year 1 and 2 = 35700
cash flow in year 3 = 35,700 + 7500
i = 5%
NPV =