Answer: 77 months
Explanation:
Use the NPER function on Excel to find the answer.
Rate is compounded monthly so:
= 8% / 12
= 0.66667%
Payment = 5,000 per month
Present value = $0
Future value = 500,000
Value should be = 76.87 months
= 77 months
Answer: A.Venture capital firm
Explanation:
Carlos's company is a new business. One with growth potential and less than a year under it's belt and yet it has done some work with Calvin Klein. He now needs capital to continue the momentum and there is a specialized finance vehicle for people like him, Venture Capitalism.
Venture Capitalism refers to Venture Capital firms investing funds in growing or starting businesses. They have a high risk appetite which enables them to go into business with new firms. The key criteria is that there MUST be high Growth Potential.
Their strategy is simple, they invest in a new company in exchange of a certain amount of ownership of the business and then 4-6 years later exit the company when they are bought out.
Carlos's business is growing and has huge potential, if he doesn't mind sharing some of his ownership, Venture Capitalism is the best way to go.
The future amount in the account (Roth IRA) is equal to: D. $180,488. 86.
<u>Given the following data:</u>
To determine the future amount in the account:
Mathematically, the compound interest for this Roth IRA is given by the formula:

<u>Where:</u>
- t is the number of years.
Substituting the given parameters into the formula, we have;

A = $180,488.86
Read more on compound interest here: brainly.com/question/25263325
Answer:
$59.00.
Explanation:
Because it is perpetual method we will check the inventory available at the moment of each sale.
<u />
<u>First sale:</u>
Inventory Available Jan 1st 10 units at $4
sales 6 units COGS $4 = 24
<u>Second Sale:</u>
Inventory Available Jan 1st 4 units at $4 $16
Jan 17th 8 units at $5.5 $44
Total 12 untis at $60 = 60/12 = $5 per unit
sales 7 units COGS $5 = 35
Total COGS 35 + 24 = 59
Answer:No
Explanation: the company requested to the team to develop an alternative to improve the client's satisfaction and reduce loss