1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
irina1246 [14]
3 years ago
9

What is the present value (PV) of $50,000 received eighteen years from now, assuming the interest rate is 4% per year

Business
1 answer:
LuckyWell [14K]3 years ago
8 0

Answer:

$24,681.41

Explanation:

In this question, we use the present value formula which is shown in the spreadsheet.  

The NPER reflected the time period.

Provided  that,  

Future value = $50,000

Rate of interest = 4%

NPER = 18 years

The formula is presented below:

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

So, after solving this, the answer would be $24,681.41

You might be interested in
Neiman Marcus uses time-released atomizers which spray a lavender scent in the lingerie department. The managers say it enhances
Natalija [7]

Answer:

D.

Explanation:

Based on the information provided within the question it can be said that the design should positively influence consumer behavior. This is because it has been implemented specifically for this. Marcus hopes that the smell would put customers at ease and make them like the store as well as the products more, which in term would increase sales.

4 0
4 years ago
You place an order for 300 units of inventory at a unit price of $135. The supplier offers terms of 3/10, net 60. a-1. How long
Softa [21]

Answer:

a1. 60 days

a2.Remittance = $40,500

b1- 1 % discount offered

b-2, 10days

b-3 =$40,095 ± 0.1

c-1 Implicit interest $405 ± 0.1%

c-2 Days' credit days=50 days

Explanation:

a1. 60 days

a2.0rder for 300 units of inventory at a unit price of $135

Remittance = 300($135)

Remittance = $40,500

b- 1 % discount offered

b-2, 10days

b-3 Remittance (1- 0.01) $40,500

(0.99)$40,500

Remittance =$40,095 ± 0.1%

c-1 Implicit interest $40,500- $40,095

Implicit interest $405 ± 0.1%

c-2

Days' credit days 60-10

Days' credit days=50 days

7 0
3 years ago
Claude Industries is planning on purchasing a new piece of equipment that will increase the quality of its production. It hopes
Shalnov [3]

Answer:

The new breakeven point is 737,500 in sales revenue

Explanation:

Breakeven point = Fixed cost / Contribution Margin Ratio

Actual Fixed Cost are Contribution Margin Ratio x Breakeven point

Fixed cost=Contribution Margin Ratio x Breakeven point

Fixed cost=0.40 x 650,000

Fixed cost=260000

If the​ company's fixed expenses increase

Fixed cost=260000 + 35000

Fixed cost=295000

Breakeven point = 295000/ 0.40

Breakeven point = 737,500

6 0
4 years ago
Your boss, Sam, has approved for you to conduct a usability test on your company’s website. Your next step is to design the te
Black_prince [1.1K]

Answer:

<em>C) That the test asks users to accomplish a series of tasks.</em>

Explanation:

True, the usability test on the company website should be brief and not time consuming. Therefore all other steps are relevant such as asking users to do one task.

Also making sure the test is specific by ensuring it is based on a common problem or question that the users have. And  should put the more importantly it should put the user experience in mind in the design.

7 0
3 years ago
Describe the book/tax difference resulting from each of the following transactions: (a) Firm A spent $430 or a business dinner a
Luden [163]

Answer: see attachment below

Explanation:

8 0
3 years ago
Other questions:
  • According to the video game industry’s statistics, the average gamer is 34 years old. Imagine the standard deviation for age is
    9·1 answer
  • __________ is the use of a third party to encourage labor and management to continue negotiating in an effort to settle a labor
    13·1 answer
  • Suppose two successive levels of disposable personal income increases from $16 to $21 billion and the change in consumption spen
    8·1 answer
  • In many countries entrepreneurs and other business leaders, eager to protect their property rights and ensure the dispassionate
    15·1 answer
  • Imagination Dragons Corporation needs to raise funds to finance a plant expansion, and it has decided to issue 15-year zero coup
    6·2 answers
  • Amy, Allyson, and Kelly work in different teams at Oaktown Powersports. Amy's team ensures that all the raw materials, machinery
    13·1 answer
  • What are concurrent powers​
    7·2 answers
  • Sound Tek Inc. manufactures electronic stereo equipment. The manufacturing process includes printed circuit (PC) board assembly,
    7·1 answer
  • Five years ago Thompson, an investor, ran across a board game that he enjoyed and believed the game would become very popular. H
    7·1 answer
  • In order to have competition in a market economy, there must be at least _____ or more sellers acting independently in a particu
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!