1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Bad White [126]
3 years ago
6

If 30,000 after-tax dollars are invested at 7% in a single-premium tax-deffered annuity, how many after-tax dollars will be accu

mulated in 20 years
Business
1 answer:
jekas [21]3 years ago
3 0

Answer:

<h2>$72,000</h2>

Explanation:

We need to first calculate the interest on investing $30,000 after 20 years at 7% in a single-premium tax-deffered annuity using the simple interest formula.

Simple interest = Principal * Rate * Time/100

Simple interest = $30,000*7*20/100

Simple Interest = $42,000

After-tax dollars that will be accumulated in 20 years = Initial investment + Interest = $30,000+$42,000 = $72,000

<em>Hence, after-tax dollars that will be accumulated in 20 years is $72,000.</em>

You might be interested in
Nolte Co. has 4,500,000 shares of common stock outstanding on December 31, 2014. An additional 200,000 shares are issued on Apri
kolezko [41]

Answer:

Number of shares to be used is 5,180,000 shares

Explanation:

The options provided in the question are in Dollars yet we need a number so the options are not for this question making them incorrect for the question.

4,500,000+200,000+480,000 =5,180,000 Number of outstanding shares

diluted EPS will of course take into account the effect of the bond.

4 0
3 years ago
Profit Margin, Investment Turnover, and ROI Briggs Company has operating income of $25,854, invested assets of $139,000, and sal
nata0808 [166]

Answer:

a. 6.00%

b. 3.10 times

c. 18.60%

Explanation:

The computations are given below

As we know that

a. Profit margin is

= Income from operation ÷ Sales × 100

= $25,854 ÷ $430,900

= 6.00%

b. Investment turnover is

= Sales ÷ Invested assets

= $430,900 ÷ $139,000

= 3.10  times

And,

c. Return on investment is

= Profit margin × investment turnover

= 6 × 3.1 times

= 18.60%

Therefore, we use the above formulas

5 0
4 years ago
If Melissa decides to sell the best ice cream on earth, and intends to establish a strong ethical climate in her organization, d
vekshin1

Answer:

planning stage of marketing cycle                              

Explanation:

The planning stage is that when the operation proposals are recorded, the project deliver-ability and specifications are determined, and the timetable for the program is set. It means creating a set of policies to help direct your team through the stages of project application and completion.

To put it another way, project preparation applies to all you do to set up your project for success. It's the phase you're going through to determine the steps needed to establish your project priorities, describe the scope of what needs to be done and build the task list to do that.

8 0
4 years ago
What information is contained in the signature line of a business letter?
ElenaW [278]
The answer is the name and the title
4 0
4 years ago
Anna Jonas owns a manufacturing firm in Indonesia and strongly believes that it is important that workers' rights be respected.
blagie [28]

Answer: COGNITIVE DISSONANCE

           

Explanation: Cognitive dissonance refers to a mental state in which a person holds two or more values or beliefs that are contradicting with each other. Such individuals changes their values according to the situation.

In the given case, Anna Jonas strongly believes that rights of workers should be supported but when her firm got into distress she herself violated them.

Hence from the above we can conclude that she is most likely be experiencing cognitive dissonance.

4 0
4 years ago
Other questions:
  • Marconi Co. has the following information available for the current year: Net Sales $ 762,000 Bad Debt Expense 48,000 Accounts R
    14·1 answer
  • Which career professional would work at a publishing company? 1.radio mechanic 2.fine artist 3.musician 4.prepress technician
    10·2 answers
  • Why does Brainly desperately need us to get BrainlyPlus?
    5·1 answer
  • Taylor Industries had a fire and some of its accounting records were destroyed. Available information is presented below for the
    6·1 answer
  • Anna's landlord of her business property in tempe, arizona notifies her that when the next lease period begins, her rent will in
    8·1 answer
  • On January 2, 2017, Swify Corporation began construction of a new citrus processing plant. The automated plant was finished and
    8·1 answer
  • The steps that managers must take to develop and maintain good working relationships with the unions that may represent employee
    10·1 answer
  • Suppose you're studying levels of job stress and measures of job efficiency in a nursing home. Your hypothesis is that increasin
    15·2 answers
  • At a cost of $12,000, Community Hospital is refinancing the mortgage on the building that houses its clinic. The hospital will s
    14·2 answers
  • Is gross profit or net profit more important to consider when you're deciding how successful and profitable a company is?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!