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
trapecia [35]
3 years ago
6

You plan on saving for a large home improvement project using the following cash flows: $50,000 today, $25,000 next year, and $1

0,000 the following year. If your savings account earns a 10% return per year, how much money will be available for the project after collecting the last payment?
Business
1 answer:
lesya692 [45]3 years ago
8 0

Answer:

Total= $98,000

Explanation:

Giving the following information:

You plan on saving for a large home improvement project using the following cash flows: $50,000 today, $25,000 next year, and $10,000 the following year. The account earns a 10% return per year.

We need to use the following formula:

FV= PV*(1+i)^n

FV= 50,000*1.10^2= 60,500

FV= 25,000*1.1= 27,500

FV= 10,000

Total= $98,000

You might be interested in
What form of FDI is NOT an option in the service industry, due to the fact that many services have to be produced where they are
ankoles [38]

Answer: C. exporting

Explanation:

As many services have to be produced where they are sold, Exporting is not very ideal in the Service industry even if it might work here and there.

Exporting is a form of FDI that means sending the good in question to another country and this is not ideal when services are needed.

For instance, you need your hair cut in Maine but Maine uses exported Barbers from Mexico City, the logistics of such a business are to understate it, untenable. The barber should be in Maine.

8 0
3 years ago
In general, consolidated financial statements should be prepared a.when a corporation owns more than 50% of the common stock of
anygoal [31]

Answer:

a.when a corporation owns more than 50% of the common stock of another company

Explanation:

Many a times, a parent company holds stock in it's own subsidiary company. Consolidation refers to presentation of combined profitability of a group wherein a Parent Co holds majority of the common stock i.e more than 50% of the common stock in it's subsidiary.

Such a presentation presents the combined picture of a group and helps in better comprehension and understanding by the users of the financial statements.

If a parent owns 100% stock in it's subsidiary, such subsidiary is referred to as a wholly owned subsidiary.

5 0
3 years ago
Auagaa474 Corporation had sales of $491,300 and average operating assets of $289,000 for the past period. What is the margin tha
astra-53 [7]

Answer:

16%

Explanation:

Calculation for the margin that Auagaa474 needed to earn in order to achieve an ROI of 27.2%

First step is to calculate the Turnover using this formula

Turnover = Sales ÷ Average operating assets

Let plug in the formula

Turnover= $491,300 ÷$289,000

Turnover=1.7

Now let calculate the margin using this formula

ROI = Margin × Turnover

Let plug in the formula

27.2% = Margin × 1.7

Margin = 27.2% ÷ 1.70

Margin=0.16*100

Margin= 16%

Therefore the margin that Auagaa474 needed to earn in order to achieve an ROI of 27.2% will be 16%

8 0
3 years ago
The market for carbon allowances
erik [133]
The market for carbon allowances is set by the regulatory authority.
3 0
3 years ago
What is a form in computer?​
sp2606 [1]

In a database context, a form is a window or screen that contains numerous fields, or spaces to enter data. Each field holds a field label so that any user who views the form gets an idea of its contents. A form is more user friendly than generating queries to create tables and insert data into fields.

7 0
3 years ago
Other questions:
  • Triangle owl was rotated to create triangle o'w'l'. describe the transformation using details and degrees. triangles owl and o p
    8·2 answers
  • _____________ tends to discourage firms from making physical capital investments.
    9·1 answer
  • When his supervisor approached him about his quality issues, Joe replied that lately he has been having a string of bad luck. In
    7·1 answer
  • Alaska Mining Co. acquired mineral rights for $67,500,000. The mineral deposit is estimated at 30,000,000 tons. During the curre
    12·1 answer
  • The market for. pizza is characterized by a downward-sloping demand curve and an upward-sloping supply curve. a. Draw the compet
    6·1 answer
  • The main problem with the fee-for-service model is that doctors have an incentive to:
    9·1 answer
  • An individual has $20,000 invested in a stock with a beta of 0.4 and another $65,000 invested in a stock with a beta of 1.8. If
    9·1 answer
  • Although the budget is​ strained, PQR Inc. refuses to cut the training budget because​ ______________.
    13·1 answer
  • One major reason countries trade with one another is to:
    11·2 answers
  • The Smith home has an assessed value of $64,120, and their tax rate is 3.2%. What is their annual tax bill?
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!