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djyliett [7]
4 years ago
11

What is the future value of a $500 annuity payment over eight years if interest rates are 14 per 14 percent

Business
1 answer:
Charra [1.4K]4 years ago
6 0

Answer:

FV= $6,616.38

Explanation:

Giving the following information:

Annual cash flow= $500

Number of periods (n)= 8

Interest rate= 14%

<u>To calculate the future value, we need to use the following formula:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual cash flow

FV= {500*[(1.14^8) - 1]} / 0.14

FV= $6,616.38

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For the current year temporary differences existed between the financial statement carrying amounts and the tax basis of the fol
Veseljchak [2.6K]

Answer:

Income Tax Expense (Dr.) $49,080,000

Deferred Tax Liability (Cr.) $49,080,000

Explanation:

Income tax expense = ( Taxable Income for the year + building and equipment taxable amount + Prepaid Insurance - Liability or contingency Loss ) * Tax rate

Income Tax expense = ( $117,000,000 + $14,700,000 + $2,300,000 - $11,300,000) * 40%

Income Tax expense = $49,080,000

8 0
3 years ago
When using hootsuite's bulk scheduling feature, all messages must be scheduled at least _________ ahead of when you plan to impo
Scrat [10]

When using hootsuite's bulk scheduling feature, all messages must be scheduled at least <u>"10 minutes"</u> ahead of when you plan to import the csv file into hootsuite.



To start scheduling messages in mass, first explore to the 'Publisher' segment, click BULK MESSAGE UPLOAD and download the example .csv document you'll load up with your posts.  

It's critical to take note of that the best projects to utilize when working with this document are Google Docs, Text Edit and Textwrangler - Excel spreadsheets may not perceive a few characters.  

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In the main section, input the date in MONTH, DAY, YEAR or DAY, MONTH, YEAR arrange, trailed when you need the message to be distributed.  

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4 0
3 years ago
When the price of erasers increases from $1.50 to $2.50, the quantity demanded of pencils is unchanged. The cross-price elastici
Inga [223]

Answer:

d. 0; unrelated.

Explanation:

Cross elasticity of demand is the degree of responsiveness of demand for a particular product to a change in the price of another product.

A change in price of a product will lead to a change in demand for another product if the two goods are either goods of close substitutes or if they are complements. If two goods are not related, the change in price of one will not have any impact on the demand for the other good.

In this question, the cross elasticity is zero because biro and pencil are not related.

3 0
3 years ago
Money invested is usually used to do which of the following?
Sergeeva-Olga [200]

It should be noted that money invested is to C. Achieve long-term goals

<h3>What is money?</h3>

It should be noted that money is a means of exchange. It is required for our transactions.

When money is invested, the purpose is simply to achieve long-term goals. This can be an increase in revenue, prepare for future financial needs, etc.

Learn more about money on:

brainly.com/question/24373500

5 0
2 years ago
Riley has worked for Centrum Springs, Inc., for many years and has now been given the opportunity to advance in the company. His
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Answer:

B. I hope i helped!

Explanation:

7 0
3 years ago
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