Answer: a. $4400.81
b. $4114.99
c. $3625.60
Explanation:
Present value of money is the worth of money at a particular period of time.
a. If the discount rate is 12 percent, what is the present value of these cash flows?
Present value at 12% will be:
= 1250/1.12 + 1180/1.12^2 + 1570/1.12^3 + 1930/1.12^4
= $4400.81
b. What is the present value at 15 percent?
Present value at 15% will be:
= 1250/1.15 + 1180/1.15^2 + 1570/1.15^3 + 1930/1.15^4
= $4114.99
c. What is the present value at 21 percent?
Present value at 21% will be:
= 1250/1.21 + 1180/1.21^2 + 1570/1.21^3 + 1930/1.21^4.
= $3625.60
Answer:
$11,098.94
Explanation:
first we must calculate the future value of the 7 year annuity:
FV of an annuity = p x {[(1 + r)ⁿ - 1] / r}
- p = $13,100
- r = 17.18%
- n = 7
FV of an annuity = $13,100 x {(1.1718⁷ - 1) / 0.1718} = $13,100 x 11.8377 = $155,073.56
since he wants to have $176,000, he needs $20,926.44 more in 7 years (= $176,000 - $155,073.56)
X = FV / (1 + r)ⁿ
- future value =
- n = 4 years
- r = 17.18%
X = $20,926.44 / 1.1718⁴ = $11,098.94
Answer:
I can't post the link i found to answer the question so if u look this up u will find the answer
Explanation:
Answer: The planning process begins with two attributes:
- A mission statement : focuses on the <u><em>current perspective</em></u> of the organization, describes general way of their capacities, their approach to the client and their activities. Is a starting point for the elaboration of the strategic vision.
- A vision statement : The fact of arriving at a well-reasoned conclusion of the company's <u><em>long-term direction</em></u> drives administrators to study the current business in detail and to develop a clearer idea of whether it is change is necessary and how to do it within the next 5 to 10 years.
Explanation:
What do we want to become? VISION STATEMENT
What is our reason for being? MISSION STATEMENT
What are the costs? VISION STATEMENT
How much money can I make? VISION STATEMENT
What are the risks? VISION STATEMENT
What products do we offer at a profit? MISSION STATEMENT
Answer:
A general rule of thumb among marketing researchers is to use secondary data first and then collect primary data.
hope it helps:)
mark brainliest!