Answer:
70 years
Explanation:
Amount, A= $250,000
Principal, P=$2500
Rate, R=$6.65 compounded quarterly. This means that in every 3 months of the year, the interest the principal yielded is added to the principal to become the new principal for every 3 months.
Formular:
Amount, A= P[1+(R/100×4)]^4t
Where P = principal
R = rate
t = number of years
The "4" in the formular shows that the interest is compounded "quarterly".
In this problem, we are looking for the number of years ( which is "t") it will take to save up to $250000.
Substituting the values:
250,000=2500[1+(6.65/100×4)]^4t
Dividing both sides by 2500,
We have:
100=[1+(6.65/100×4)]^4t
Simplifying the terms inside brackets, we have:
100=1.016625^4t
Find the value of t which when substituted in the expression will give 100. The value of t = 70.
Hence it will take 70 years to save $250000
Answer:
Explanation:
Very simple because they are not very expensive because the information is already in the system or we already have the results of the investment, it has no specific limitations because the information is already available for analysis.
In addition, the assumptions underlying the original analyzes are often invalid due to changes in the real work environment. This means that many times an investment is made for different purposes, however on the way we realize that these objectives can change Due to the fact that due to economic factors due to internal and external factors of the company, there may be changes in what our initial budget was, so it is important to review the assumptions once we have finished our project.
And finally it is important that you guarantee the resources that you will use wisely because the idea of making an investment a capital project, is the return of the sea investment adequate therefore, every Penny that we apply in the project has a meaning or A relevance in our operations.
Answer:
The answer is: interdependence systems approach
Explanation:
refers to the idea that an organization as a whole is the result of the combination of smaller combined systems that exist within it. These smaller systems are autonomous form each other but they also depend on the performance of other systems that exist inside the organization. If one system fails, the whole organization will fail.
Answer:<u><em>The cash register will alert Megan McKinney, the controller, that something is wrong.</em></u>
In this case the cash register provides control over the cash receipts. When Kristof, took the cash from the register , the records from the register will not match the cash in the register.
The cash in the cash drawer will be $650 lower than the amount recorded in the cash register.
Answer:
Cash proceeds is $201,250.00
Explanation:
The cash proceeds derived from issuing the bonds can be computed as follows:
cash proceeds=87.5%*$230,000=$201,250.00
Total interest expense on the bond is $212,519 as contained in the attached bond amortization schedule
The first payment=$201,250*10%*6/12=$10,063 as it also found in the attached
