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cricket20 [7]
3 years ago
10

If Angela's $98,760 home appreciates three percent a year, will she have enough appreciation to try to sell the home for a $15,0

00 profit in five years?
Business
1 answer:
Mama L [17]3 years ago
7 0

Answer:

Yes, she will (total profit of $15,730)

Explanation:

We must determine the future value of Angela house:

future value = present value (1 + appreciation rate)ⁿ

  • present value = $98,760
  • appreciation rate = 3%
  • n= 5

FV = $98,760 (1.03)⁵ = $98,760 x 1.1592740743 = $114,490

now the difference between the future value and the present value = $114,490 - $98.760 = $15,730

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Because financial markets are ____, securities buyers and sellers do not have full access to information and cannot always break
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Because financial markets are <u>Imperfect</u>, securities buyers and sellers do not have full access to information and cannot always break down securities to the precise size they desire.

<u>Explanation:</u>

An imperfect market is a whole where individual buyers and sellers may influence prices and efficiency, where there is no full transparency of knowledge about products and costs, and where there are large barriers in the sector to enter or exit.

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Zully most likely has a manufacturing franchise

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3 years ago
Leyton Lumber Company has sales of $12 million per year, all on credit terms calling for payment within 30 days, and its account
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Days sales out standing = ( Accounts receivable divided by Sales )  multiply with 365

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3 years ago
Brad, Scott, and Jake each contribute property to form BSJ Corporation. Brad contributes a building with a fair market value of
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<em>The answer is $700,000</em>

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<em>Brad         450000        100000         45%          17%       120689.7</em>

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