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4 years ago

Brandon grew up working on a farm but went to school to become an accountant. He decides to put all of his knowledge to work.

Business

1 answer:

Angelina_Jolie [31]4 years ago

8 0

Answer:B. Running his own small farm.

Explanation:

Having got the exprience in running a farm, couple with his financial and managerial knowledge from Accounting will help him to be successful.

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What sum of money now is equivalent of $8,250 two years later, if the interest is 4% per 6-month period (8% compounded semi-annu

Vitek1552 [10]

Answer:

$7052.13

Explanation:

We can calculate the present value of money equivalent of $8,250 two years later by applying present value formula

DATA

Future value = $8,250

Interest rate = 4%

Number of periods = n = 2 years x 2 times a year = 4 times

Present value =?

Solution

PV = $\frac{1}{1+(interest rate)^n} futurevalue$

PV = ×\ $\frac{1}{1+(0.04)^4} 8250$

PV = $7052.13

7 0

3 years ago

On September 30, World Co. borrowed $1,000,000 on a 9% note payable. World paid the first of four quarterly payments of $264,200

ludmilkaskok [199]

Answer:

c) $758,300

Explanation:

Amount of Loan = $1,000,000

Interest rate = 9% per year = 9% / 4 = 2.25% per quarter = 0.025

Interest amount = $1,000,000 x 2.25% = $22,500

First Quarter payment = $264,200

Principal Payment = First Quarter payment - Interest paid

Principal Payment = $264,200 - $22,500

Principal Payment = $241,700

Amount Due on December 31 = $1,000,000 - $241,270 = $758,300

6 0

4 years ago

Read 2 more answers

Which of the following statements is FALSE? A venture capital firm is a limited partnership that specializes in raising money to

pantera1 [17]

Answer:

Venture capitalists typically control all of the seats on a start-up's board of directors, and often represents the single largest voting block on the board.

Explanation:

A venture capital is a type of capital arrangement by venture capital , provided to start up companies with the prospect of potential growth. Companies that provides financies for start up have a stake in the business they are financing. It is usually a high risk business.

Examples of venture capitalist are

Investment banks, pension funds, insurance companies etc.

Before finances can be made by venture capitalist, the initial capital required to start required to start the business is usually provided by the entrepreneur and his family.

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3 years ago

A comparison of the marketing concept and customer relationship management indicates that customer relationship management:_____

steposvetlana [31]

Answer:

Explanation:

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3 years ago

Which of the following actions would cause an increase in the level of reserves in the banking system?(A) A customer withdraws

Stella [2.4K]

Answer:C

Explanation:

If the Federal Government buys bonds, it means it is increasing money supply on the market. Prices and interest rates therefore increase including the reserve ratio

3 0

3 years ago