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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

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If you're a manufacturer, and you want to showcase your product in a store that has a narrow but deep selection of merchandise a
damaskus [11]

Answer:

b. a specialty store.

Explanation:

A specialty store. -

It is a type of retail business , which focus on certain goods and services , is known as a speciality store .

These type of company are expert in making a certain goods or services .

For example ,

The store that are designed specifically for men clothing or women clothing  or specific for toys , cosmetics etc .

Hence , from the question , the correct term according to the given information of the question is a specialty store .

8 0
2 years ago
If there is an increase in market demand in a perfectly competitive market, then in the short run
katovenus [111]

Answer:

The correct answer is option d.

Explanation:

An increase in the market demand will cause the market demand curve to move to the right. This rightward shift in the demand curve will lead to an increase in the market price.

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Profit to a firm is the difference between its total revenue and total cost, as the price increases, revenue will increase and cost will remain the same. This will cause profits to increase.

7 0
3 years ago
A $200,000 loan amortized over 12 years at an interest rate of 10% per year requires payments of $21,215.85 to completely remove
lesya [120]

Answer:

loan balance after 12 years = $185409.8

Explanation:

Loan principal = $200000

interest = 10% of principal

amount paid yearly  = $21215.85

For 1st year

principal for the first year = $200000

required interest to be paid = 10% of 200000 = $20000

amount paid = $21215.85

Loan Balance after first year = (principal for first year) - (amount paid - 10% of principal ) = $198,784.15

For 2nd year

principal for the 2nd year = Loan balance after first year = $198,784.15

loan balance after 2nd year = 198784.15 - ( 21215.85 - 10% of 198784.15)

= $197568.30

same applies for the different years until the 12th year

using this formula :

Loan Balance after Nth year = [ Loan balance after (n-1) year - ( amount paid - 10% of loan balance after (n-1) year ) ]

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3 years ago
Accounting subject , please help me​
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6 0
2 years ago
When you buy in bulk, the price per individual item .
iogann1982 [59]

Answer:

Decreases

Explanation:

The seller is willing to diminsh price if he can sell more units of anygiven product.

3 0
3 years ago
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