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vichka [17]
3 years ago
13

You open a savings account on January 1, 2008 with $1,000. The interest rate stated on this account is 4%, compounded quarterly.

Business
1 answer:
arlik [135]3 years ago
3 0

Answer:

FV= $1,220.19

Explanation:

Giving the following information:

You open a savings account on January 1, 2008 with $1,000. The interest rate stated on this account is 4%, compounded quarterly.

Effective rate= 4/4= 1%

We need to use the following formula:

FV= PV*(1+i)^n

n= 4*5= 20

FV= 1000*(1.01^20)= $1,220.19

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Answer: D. The actual value of the contract is less than $30 million for each year he plays.

Explanation:

Given that Mark sherzer will be paid $15 million per year for 14 years reflects a contract whose value at the time of signing is ($15 million × 14) = $210 million. However, the payment would not be paid at the of signing but spread over a period of 14 years with $15 million being splashed out annually. However, considering the time value of money, whereby the present value of a fixed amount decreases with time. Hence in actual sense, the $210 million face worth of the contract will actually be less than $30 million [$210/7(playing years)] as time progresses on the fixed amount paid yearly due to reduction in the value of the present value as time progresses.

7 0
3 years ago
Yvette buys and sells real estate. Two weeks ago, she paid $300,000 for a house on Pine Street, intending to spend $50,000 on re
Inessa [10]

Answer:

c. forget the repairs and sell the house as it is for $250,000.

Explanation:

The best option from the shown is to foget about the repairs and directly seel it at $250,000 because that leaves her with a loss of $50,000 instead of a $60,000 loss on her money, that is the best option financially. Also as the time passes the plan for the creation of the landfill downstreet will become more and more known and the value could decrease more.

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3 years ago
Assume that the united states current account balance is zero. If the united states dollar appreciates against the japanese yen,
Diano4ka-milaya [45]

If the United states dollar appreciates against the Japanese yen, then demand for united states exports will increase.

<h3>What is Export?</h3>

These are the goods and services produced in a country and sold into another country.

When the currency of United states dollar appreciates against the Japanese yen, there will be lesser cost in the production of such goods which will lead to increase in export demands.

Read more about Export here brainly.com/question/24473707

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7 0
2 years ago
Younger employees also are more likely to use the Internet and social media to accomplish their tasks. This is an example of the
DaniilM [7]

Answer: Expectation and norms

                                   

Explanation: In simple words, expectation refers to the believe that something would happen in the future in a certain way. While norms refers to something that is standard and very probable ion nature.

It is automatically assumed that young employees will use more technology as their generation is the when where the technology gained its pace. Thus, the assumption in the statement shows expectations and norms.

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3 years ago
Prove that F=Gm1m2/d2​
podryga [215]

Answer:

From the statement of Universal law of gravitation,

F ∝ m1 m2

F ∝ 1/d²

by combing above two equations we get,

F ∝ m1 m2/d²

F = G m1 m2/d²

HOPE THIS HELP!!

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