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klio [65]
3 years ago
12

An investment pays $400 in one year, X amount of dollars in two years, and $500 in three years. The total present value of all t

he cash flows (including X) is equal to $1,500. If i is 6 percent, what is X?
Business
1 answer:
k0ka [10]3 years ago
6 0

Answer:

X = 789.70

Explanation:

we solve for X considerign each deposit is discounted at the given rate using the lump sum formula:

\frac{Maturity}{(1 + rate)^{time} } = PV

\frac{400}{1.06}+\frac{X}{1.06^2}  +\frac{500}{1.06^3} = 1,500\\X= (1,500 - \frac{400}{1.06} - \frac{500}{1.06^3}) \times 1.06^2

X = 789.7018868

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Mark follows certain steps to access the supplementary readings for a course when using his organization's library management sy
andreev551 [17]

Answer:

product

Explanation:

  • Process management components of a library management system include rules, instructions, and guides on how to perform tasks on the system.
  • This is similar to the manual for electronic products, with detailed instructions on how to use the product effectively.

so correct answer is product

5 0
3 years ago
In a perfectly competitive market with positive economic profits: A. Firms will enter until accounting profits are zero. B. Firm
marta [7]

Answer:

The answer is B.

Explanation:

Economic profit is the difference between total revenue and both explicit cost and implicit cost. i.e Total revenue - explicit cost - implicit cost.

Explicit cost is also known as accounting cost. They are the cost that are directly related to the production of goods and services while implicit cost is the opportunity cost of chosen to produce the goods and services.

In perfectly competitive market, firms continue to enter the when economic profit is still positive (with this, they are generating normal profit) but cease to enter when the profit drops to zero(with this, they are making loss)

So therefore, firms will enter until economic profits are zero.

6 0
4 years ago
Extraordinary repairs: Multiple Choice Are revenue expenditures. Extend the useful life of an asset beyond its original estimate
solmaris [256]

Answer:

Extend the useful life of an asset beyond its original estimate

Explanation:

An extraordinary repair is a major repair that is done to an asset that extends the asset's useful life beyond what was forecasted initially. In other words, an extraordinary repair is an overhaul or upgrade or hat makes an asset to last longer.

Extraordinary repairs are capitalized. This means that the cost of repair increases the asset's book value thereby increasing the depreciation expenses over the asset's revised remaining life.

3 0
4 years ago
you've observed the following returns on crash-n-Burn computers stock over the past five years: 17 percent, -4 percent, 20 perce
Anastaziya [24]

Answer:  11%

Explanation:

Arithemetic mean is the average of a set of numeric variables that is calculated by adding them up and dividing by the number of variables there are.

= (0.17 + (-0.04) + 0.2 + 0.12 + 0.10)/5

= 0.55/5

= 0.11

= 11%

6 0
3 years ago
In ___, a committee or group of people often make the buying decision and consider the organization's objectives, purchasing pol
statuscvo [17]
The answer is <span>  business buying 
This group of people usually made their decision based on a certain matrics that they use in order to evaluate companies performance and determined what's necessary for the company to buy within their budget based on that evaluation.
This comittee is considered succesful if they managed to keep the company from spending more than their budget while still accomplishing the goals.


</span>
6 0
3 years ago
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