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vladimir1956 [14]
3 years ago
11

Marigold Corp. makes an investment today (January 1, 2020). They will receive $72000 every December 31st for the next six years

(2020 – 2025). If Marigold wants to earn 9% on the investment, what is the most they should invest on January 1, 2020?
Business
1 answer:
gogolik [260]3 years ago
3 0

Answer:

$322,986.14

Explanation:

Formula: Present Value = PMT x ((1 - (1 + r) ^ -n ) / r)

PMT = 72,000

r = 9%

n = 6

Therefore Present Value = 72000 x ((1-(1+0.09)^-6)/0.09)

= $322,986.14

Hence, if Marigold Corp. makes an investment today of $322,986.14

They will receive $72000 every December 31st for the next six years, If they want to earn 9% on the investment.

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1 year ago
This year Randy paid $29,050 of interest on his residence. (Randy borrowed $464,000 to buy his residence, and it is currently wo
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Answer:

the last part of the question is missing, so I looked for it:

a. Randy received $2,200 of interest this year and no other investment income or expenses. His AGI is $75,000.

b. Randy had no investment income this year, and his AGI is $75,000.

a) Randy can deduct $31,575:

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Honduras is a small economy in central america. it keeps a fixed exchange rate with the us. capital is perfectly mobile. you may
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Answer:

Given that Honduras is a small economy in Central America, and it keeps a fixed exchange rate with the US, and capital is perfectly mobile, but interest rates are three percent in the US and six percent in Honduras, the explanation of the difference in these interest rates are as follows:

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Answer:

                                  Journal Entry

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