Plz help ASAP plzz hurry!!!

You plan to make five deposits of $1,000 each, one every 6 months, with the first payment being made in 6 months. You will then

nevsk [136]

Answer:

Check the calculation below.

Explanation:

a) Amount in account after 3 years:

= $1,000 (1+ 0.03)5 + $1,000 (1+ 0.03)4+ $1,000 (1+ 0.03)3 + $1,000 (1+ 0.03)2 + $1,000 (1+ 0.03)

= $1,159.27 + 1,125.51 + 1,092.73 + 1,060.90 + 1,030

= $5,468.40

b) Calculation of amount of payment:

Let the amount of each of two payment be "P".

Now, $4,000 = P (1 + 0.015)3 + P (1 + 0.015)2

or,$4,000 = 1.0457 P + 1.0302 P

or, P = $4,000 / 2.0759

or, P = 1,927 (Approx)

7 0

4 years ago

What does correct enunciation mean?

notsponge [240]

Answer:

A) speaking clearly

Explanation:

Enunciation refers to pronounce the words clearly. A correct enunciation is when a person is able to pronounce the words in a proper way and expressing them well and like that allowing people to understand everything that is being said.

6 0

3 years ago

Kim's Bridal Shoppe has 11,500 shares of common stock outstanding at a price of $49 per share. It also has 280 shares of preferr

Lunna [17]

Answer:

44.66%

Explanation:

First, find the market values of each source of capital;

Market value of Common stock = 11500 *$49 = $563,500

Market value of Preferred stock = 280 *$91 = $25,480

Market value of bonds = 310 * (1.085 *$2000) = $672,700

Next, find the total market value;

=$563,500 + $25,480 + $672,700

= $1,261,680

Weight of common stock = $563,500/$1,261,680 = 0.4466 or 44.66%

7 0

3 years ago

The Cavendish Company is considering a project with an initial investment of $8 million that has an accounting rate of return of

ipn [44]

Answer:

4 years and 2 months

Explanation:

The project's payback period is the length of time that the future cash flows take to equal the initial investment of the project.

Initial Investment = $8 million

Annual cash flows = $1.75 million

It will take 4 years and 2 months ($1 million /$8 million x 12) for annual cashflows to equal the Initial Investment of $8 million.

8 0

3 years ago

The Jazz Division of Heights Recording Corporation reported the following results last year: Sales $10,000,000 Operating Incom

slavikrds [6]

Answer:

The ROI for the Jazz Division IS 55%. The right answer is D.

A. Yes

Explanation:

In order to calculate the ROI for the Jazz Division we would have to use the following formula

ROI = Operating income/Total assets

According to the given data:

Operating income=$2,200,000

Total assets = $4,000,000

Therefore, ROI = $2,200,000/$4,000,000

ROI =55%

The ROI for the Jazz Division is 55%

A. Yes. The Jazz Division earn the target rate of return

5 0

3 years ago