Answer:
$897
Explanation:
Calculation to determine the value today
Using Financial calculator to determine the Present value (PV)
N = (12- 2) = 10 years
I = 14%
PMT =12%*1,000=120
FV = $1000
PV=?
Hence;
PV = $896.68
PV=$897 (Approximately)
Therefore the value today is $897
Answer:
A. The Market System
Explanation:
<em>When it comes to our economic The very most important thing to look put for is the market system. The market system is mainly what keeps stores and other companies in business. and when the sales and prices go up in the store the market system gradually increases so that fellow shoppers can spend more money on items.</em>
Answer:
reduces the par value of the stock.
Explanation:
A stock is also referred to as equity and it can be defined as a security that represents a stockholder's ownership of a fraction of a corporation.
The par value of a stock is its face value and it comprises of its total dollar amount as well as its maturity value. Also, the par value of a stock gives the basis on which periodic interest is paid.
A stock is issued at par value when the market rate of interest is the same as the contract rate of interest. This simply means that, a stock would be issued at par (face) value when the stock's stated rated is significantly equal to the effective or market interest rate on the specific date it was issued.
Stockholders' equity can be defined as the amount of assets remaining or the residual interest of assets in a business after all liabilities are settled or deducted. A stockholders' equity is calculated by deducting or subtracting the value of liabilities from the value of assets on the balance sheet of a company.
Additionally, statement of changes in stockholders' equity is a financial statement that illustrate a summary of the changes in shareholders' equity (gains and losses that increase or decrease stockholders' equity respectively) over the reporting period.
In Trading and securities, a stock split reduces the par value of the stock whereas a stock dividend increases the par value of a stock.
A good strategy for saving or paying of debt is called the snow ball effect.
First, he would definitely need to save for his retirement before anything else.
Then you start tackling the smallest goal first. Once that one is paid off, you take that amount and apply it to the next goal and one from there.
Increasing your 401k deduction will LOWER/DECREASE your take-home pay and LOWER/DECREASE <span>your federal taxes in the current year.
</span>401k is a specific amount of money that will be deducted from your initial pay so it could be allocated to your pension account.
When 401k deduction increased, it will take a bigger chunk on your salary, so your take-home pay will be reduced. The amount of 401k deduction is considered as pre-tax, so it would not be counted in federal tax.