1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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

You might be interested in
When Tesla receives a $1,000 reservation payment from a customer, what Tesla general ledger accounts does this $1,000 impact? Ex
Greeley [361]

<u>Solution and Explanation:</u>

• The Significant dangers and awards of responsibility for products have been moved to the purchaser.  

• The dealer holds neither proceeding with the administrative contribution to the degree generally connected with the possession nor powerful authority over the products sold.  

• The measure of the income can be dependably estimated.  

• It is plausible that the monetary advantages related to the exchange will stream to the vender.  

• The cost brought about or to be acquired in regard to the exchange can be estimated dependably. In such conditions, any thought previously got for the offer of merchandise is perceived as an obligation. So therefore, receipt of $1000 received by Tesla as a reservation payment from a customer is recorded as short term liability in its books.

Entry shall be as follows:-

Bank/Cash A/c Dr. $1000

To Advances from Customers $1000

7 0
3 years ago
If all projects are assigned the same discount rate for purposes of​ evaluation, which of the following could​ occur? A. Highmin
Marysya12 [62]

Answer:

D. All of the choices could occur when using a single discount rate for all projects.

Explanation:

  • The discount rate is the rate of return that is used to discount the cash flows analysis in determining the present and future values of cash flows.
  • The discount rate also called the discounted cash flow analysis follows the valuation method based on the time concept of money the DFC helps to find out the variability of the project by calculating the present values by the discounted rate.
  • <u>Thus if all the projects are assigned the same discount rates then the aim of revaluation of the project choices will be the same for all the projects like investing in standards assets like the bonds. </u>
4 0
3 years ago
A Contracting Officer notifies you of an acquisition for a specific requirement and asks you to assist with market research to i
iragen [17]

Answer: tactical market research

Explanation:

The type of market research that will be used is the tactical market research. A tactical market research is typically done when there is a particular acquisition or need. It is designed in such a way that the specific questions can be answered.

Since the contracting officer notifies of an acquisition for a specific requirement and asks you to assist with market research to identify potential small businesses who could perform the work, the tactical market research should be used.

6 0
3 years ago
A merit system of police employment is established when an independent civil service commission, in cooperation with the city pe
Illusion [34]

Answer:

Recruitment criteria.

Explanation:

Recruitment criteria are models used to gauge all up-and-comers and their capacity to play out a vocation. You search principally for the most ideal match between an applicant's information, aptitudes, and capacities and the prerequisites for fruitful presentation of work.

4 0
3 years ago
The operations vice president is adjusting the production quantities for the upcoming month of March for the coal company. Last
12345 [234]

Answer:

The correct answer is letter "B": Increase output and hire more workers.

Explanation:

According to the supply law, if the price increases so will the quantity supplied and if the price decreases the same will happen with the quantity supplied. We could say that the relationship between price and quantity supplied is directly proportional.

In the example, <em>as the price of coal increased so will the quantity supplied</em>. <em>If there is to be more supply the output should be higher which is likely to be interpreted in a need for more employees</em>.

6 0
3 years ago
Other questions:
  • As a member of a task team at work, Faith feels her group has been successful in completing all its projects ahead of time. Its
    13·1 answer
  • Google has started a project to scan all books and make those that are not copyrighted available to people free of charge. why i
    9·1 answer
  • At the end of January, Mineral Labs had an inventory of 895 units, which cost $12 per unit to produce. During February the compa
    14·1 answer
  • As of the end of the year, Juliette Industries had $25,000 of raw materials inventory. At the beginning of the year, there was $
    10·1 answer
  • Which of the following statements is FALSE? A. Individual investors should be involved in choosing a mutual fund because they kn
    12·1 answer
  • A firm is considering changing their credit terms. It is estimated that this change would result in sales increasing by $ 1 comm
    6·2 answers
  • Tamarisk, Inc. sells merchandise on account for $2500 to Culver Company with credit terms of 2/15, n/30. Culver Company returns
    11·1 answer
  • When evaluating possible careers, you should match the career information you researched to your personal interests
    14·2 answers
  • Layla is learning about the benefits of using search ad extensions and has come to know that they can help to increase user enga
    15·1 answer
  • Which of the following industries faces the strongest threat from new entrants?
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!