Formula: FV = PV(1+ r)^n
Fv is the future value, Pv is the present value, r is the interest rate, n is the number of periods.
FV = $100(1 + 0.06)^(6*2) = $201.22
Answer:
$439,610
Explanation:
Preparation for the current assets section of the balance sheet
Current assets
Cash $32,000
Accounts Receivable$111,900
Allowance for Doubtful Accounts($9,080)$102,820
($111,900-$9,080)
Inventory $295,000
Prepaid Insurance $9,790
Total current assets $439,610
($32,000+$102,820+$295,000+$9,790)
Therefore the current assets section of the balance sheet is $439,610
The marginal propensity to consume tells us by how much consumption expenditure changes when disposable income changes.
<h3>What is marginal propensity?</h3>
In economics, the marginal propensity to consume (MPC) is defined as the proportion of an aggregate raise in pay that a consumer spends on the consumption of goods and services, as opposed to saving it.
<h3>What is the MPC and MPS?</h3>
Key Takeaways. The marginal propensity to save (MPS) is the portion of each extra dollar of a household's income that's saved. MPC is the portion of each extra dollar of a household's income that is consumed or spent.
Learn more about marginal propensity here:
<h3>
brainly.com/question/17930875</h3><h3 /><h3>#SPJ4</h3>
Answer:
$976.90 will be the new price if interest rates increase to 8.5 percent.
Explanation:
YTM = 8%
Change in interest rate = (8.5% - 8%) = 0.5% <em>(Increase of 0.5%
)</em>
%Change In Price of Bond = -Duration/(1+YTM) X Change in Rate
= -4.99/(1+0.08) X 0.5%
= -2.310%
There will be a decrease of 2.310% in Bond Price
New Bond Price = 1000 - (1000 X 2.310%)
= 1000 - 23.10
= $976.90
