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Tatiana [17]
4 years ago
7

Today, Thomas deposited $100,000 in a three-year, 12% CD that compounds quarterly. Whatis the maturity value of the CD?A) $109,2

70.B) $119,410.C) $142,576D) $309,090

Business
1 answer:
marysya [2.9K]4 years ago
5 0

Answer:

C) $142,576

Explanation:

The computation of the maturity value of the CD is shown below:

We use the future value formula that is shown in the spreadsheet.  

Given that,  

Present value = $100,000

Rate of interest = 12%  ÷ 4 quarters = 3%

NPER = 3 years × 4 quarters = 12 years

PMT = $0

The formula is shown below:

= -FV(Rate;NPER;PMT;FV;type)

The future value is $142,576

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The following information was taken from the financial statements of Fox Resources for December 31 of the current fiscal year: C
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Answer:

Fox Resources

Units of common stock in issue = $5,000,000 divided $20 = 250,000 units

A. Earnings per share = Net income (after deducting preferred stock interest) divided by number of outstanding shares in issue

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= $2.4

B. Price Earning Ratio

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C. Dividend Per share

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6 0
3 years ago
Susan's father warned her about buying real estate. He told her that it was her responsibility to determine the facts about a pr
Margarita [4]

The legal issue that  Susan's father  was advising her about is: Caveat emptor.

<h3>What is Caveat emptor?</h3>

Caveat emptor is a Latin words which means let the buyer beware before buying or purchasing a property.

Hence,  Susan's father advising her about Caveat emptor which is why he told her facts to obtain a thorough inspection before buying or purchasing the real estate.

Learn more about Caveat emptor here:brainly.com/question/14565508

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8 0
2 years ago
At the beginning of the year, Vendors, Inc., had owners' equity of $49,850. During the year, net income was $6,150 and the compa
LekaFEV [45]

Answer: $12,600

Explanation:

Based on the information that have been given in the question, the cash flow to stockholders for the year would be calculated as:

= Dividends Paid - (Ending Common Stock - Beginning Common Stock)

= $4250 - {[$49850 - $8350] - $49850}

= $4250 - [$41500 - $49850]

= $4250 - (-$8350)

= $4250 + $8350

= $12,600

5 0
3 years ago
What percentage of business in America are home businesses?<br> A. 10%<br> B.33%<br> C.52%<br> D.67%
Free_Kalibri [48]

the answer is ( 52% )


4 0
3 years ago
Read 2 more answers
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