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nignag [31]
4 years ago
5

you need to have $32000 in 7 years. you can earn an annual interest rate of 3 percent for the first 4 years, and 3.6 percent for

the next 3 years. How much do you have to deposit today?
Business
1 answer:
katrin2010 [14]4 years ago
8 0

Answer:

$22,569.48 is amount i must have to deposit today

Explanation:

FV = Future Value , PV = Present Value , r = rate of interest , n= no of period

PV = FV / (1 + r )n

PV = 32000 / (1 + 3%)^4*(1+3.6%)^3

PV= $32,000/ (1 + 0.03)^4*(1+0.036%)^3

PV= $32,000/ (1.03)^4*(1.036%)^3

PV= $32,000/ (1.03)^4*(1.036)^3

PV= $32,000/ 1.12550881 * 1.111934656

PV= $32,000/ 1.251492251

PV = $22,569.47514

PV = $22,569.48

$22,569.48 is amount i must have to deposit today

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Its letter b. <span>guarantees of customer satisfaction
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Consumer protection<span> refers to a group of </span>laws<span> and organizations devised to ensure the </span>rights<span> of </span>consumers<span> as well as </span>fair trade, competition and accurate information in the market place and <span>to prevent businesses that engage in </span>fraud<span> or specified unfair practices from gaining an advantage over competitors. </span>
3 0
3 years ago
If an increase of​ $10 billion of investment results in an increase in equilibrium expenditure of​ $40 billion, the expenditure
pogonyaev

Based on the fact that the increase in investment led to such an increase in equilibrium expenditure, then the expenditure multiplier can be found to be E. $40 billion ÷ $10 billion = 4.

<h3>How to find the expenditure multiplier?</h3>

The expenditure multiplier shows how much expenditure will increase by, as a result of an increase in investment or other factors that bring about a cash injection into the economy.

The expenditure multiplier in this case, can be found by the formula:

= Equilibrium expenditure / Increase in investment

Solving for the Expenditure multiplier gives:

= 40 billion / 10 billion

= 4

Options for this question include:

  • A. $10 billion $40 billion = - $30 billion.
  • B. $40 billion $10 billion = $30 billion.
  • C. $10 billion x $40 billion = $400 billion.
  • D. $10 billion ÷ $40 billion = 0.25.
  • E. $40 billion ÷ $10 billion = 4

Find out more on expenditure multiplier at brainly.com/question/14486062

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5 0
1 year ago
When researching a specific employer, what information should you be looking for?
SashulF [63]

Answer:

When researching a specific job What information should you be looking for?

7 Things to Research Before Any Job Interview

The skills and experience the company values. ...

Key players of the organization. ...

3. News and recent events about the employer. ...

The company's culture, mission, and values. ...

Clients, products, and services. ...

The inside scoop. ...

The person interviewing you.

Explanation:

8 0
4 years ago
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Countries that export goods and services realize that it's an important source
nignag [31]
Answer is A. Debt. Or possibly revenue
6 0
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Soundgarden Company sold 200 color laser copiers on July 10, 2020, for $4,000 apiece, together with a 1-year warranty. Maintenan
tester [92]

Answer:

Explanation: Journal Entries for the sale.

DR: Bank/Cash. $800,000

CR: Sales. $783,000

CR: Warranty on sales. $17,000

Being sales of 200 color printers at $4,000 per piece.

DR: warranty expense. $330

CR: Warrant on sales. $330

Being actual expense incurred on warranty for year 2020

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3 years ago
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