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tatiyna
3 years ago
12

Tuition of ​$ will be due when the spring term begins in months. What amount should a student deposit​ today, at ​%, to have eno

ugh to pay the​ tuition? The student should deposit ​$ 1200.
Business
1 answer:
lesya [120]3 years ago
8 0

Answer:

some numbers are missing, so I looked for similar questions:

"Tuition of $1044 will be due when the spring term begins in 7 months. What amount should a student deposit today, at 7.62% to have enough to pay the tuition?"

we can use the present value formula to solve this:

present value = future value / (1 + r)ⁿ

  • future value = $1,044
  • n = 7
  • r = 7.62% / 12 = 0.635%

present value = $1,044 / (1 + 0.00635)⁷ = $1,044 / 1.045305791 = $998.75

if the numbers are not the same, just adjust the formula inputting the correct numbers, but the procedure should be the same.

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A corporation:A. is ultimately controlled by its board of directors.B. is a legal entity separate from its owners.C. is prohibit
nekit [7.7K]

Answer: Option (B)

Explanation:

A corporation is referred to as the organization or a group of individuals that have been officially recognized by the federal government or the state in order to operate as the single body and thus is further recognized under the law for particular reasons. Most of the traditional entities in the early days  were formulated by the charter. Nowadays , they are established by registration.

8 0
3 years ago
The owner of the West End Kwick Fill Gas Station wishes to determine the proportion of customers who pay at the pump using a cre
hammer [34]

Answer:

n = 100 customers

X = 80 who paid at the pump

A) the sample proportion = p = X / n = 80 / 100 = 0.8

we can definitely state that 80% of the customers paid at the pump.

B) if we want to determine the 95% confidence interval:

z (95%) = 1.96

confidence interval = p +/- z x √{[p(1 - p)] / n}

0.80 +/- 1.96 x √{[0.8(1 - 0.8)] / 100}

0.80 +/- 1.96 x √{(0.8 x 0.2) / 100}

0.80 +/- 1.96 x √{(0.8 x 0.2) / 100}

0.80 +/- 1.96 x 0.4

0.80 +/- 0.0784

confidence interval = (0.7216 ; 0.8784)

C) We can estimate with a 95% confidence that between 72.16% and 87.84% of the customers pay at the pump.

4 0
3 years ago
You are considering a project which will provide annual cash inflows of $4,500, $5,700, and $8,000 at the end of each year for t
liraira [26]

Answer:

Total PV= $15,103.49

Explanation:

Giving the following information:

Cf1= 4,500

Cf2= 5,700

Cf3= 8,000

Discount rate= 9%

<u>To calculate the present value, we need to use the following formula on each cash flow:</u>

PV= FV/(1+i)^n

Cf1= 4,500/(1.09)= $4,128.44

Cf2= 5,700/1.09^2= $4,797.58

Cf3= 8,000/1.09^3= $6,177.47

Total PV= $15,103.49

3 0
3 years ago
If jj camera does not accommodate meg's needs, and she is otherwise qualified for the job, jj camera must demonstrate that the a
Crank
 If JJ camera does not accommodate Meg's needs, and she is otherwise qualified for the job, JJ camera must demonstrate that the accommodations would create (a) UNDUE HARDSHIP for the company.

Undue hardship refers to an action that will lead to increase in expense or difficulty on company or the employer. It is an accommodating action.  It is not necessary for an employer to accommodate an undue hardship. If the company needs to accommodate an undue hardship, it should look for some other accommodation that does not impose such hardship on the company.
8 0
4 years ago
PARTA. MULTIPLE CHOICE - 15 MARKS
Leviafan [203]

Answer:

<em>b. Fringe Benefits</em><em> </em><em>don't</em><em> </em><em>include</em><em> </em><em>the</em><em> </em><em>company</em><em> </em><em>orientation</em><em>.</em>

Explanation:

my one of the friend's father is the manager and he told that we don't need to care about fringe!

5 0
3 years ago
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