Social Security and Medicare benefits to elderly and retired people.
Answer:
PV= $62,158.4
Explanation:
Giving the following information:
Annual payment= $6,400
Number of periods= 15 years
Interest rate= 6% = 0.06
<u>First, we need to calculate the future value using the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual payment
FV= {6,400*[(1.06^15) - 1]} / 0.06
FV= $148,966.21
<u>Now, the present value:</u>
PV= FV/(1+i)^n
PV= 148,966.21 / (1.06^15)
PV= $62,158.4
Answer:
Cash flow from from financing activities = $490
Explanation:
<em>The cash flow from financing activities includes that entails any or a combination of the following; issuance and redemption of stocks , issuance and redemption of debts and payment of interest and/or dividend, and receipt of dividend and or interest. </em>
Cash flow $
issue of long term debt 410
Cash dividend paid (20)
Capital stock issued <u>100
</u>
Net cash from financing activ. <u>490</u>
Cash flow from from financing activities = $490
Answer:
Explanation:
%increase is given as = increase/ original prices ×100
Increase = new cost - original cost
The original average cost is $16000,
And the new average cost is $28,000
Then,
Increase = 28000-16000
Increase =$12,000
Then,
%increase=increase/original cost ×100
%increase = 12000/16000 ×100
%increase=75%
The rate of increase of the automobile cost is 75%
She will be able to m<em>atch </em>downloaded deposits to <em>existing</em> transactions in the Banking Center.
MB been an accountant, she must follows workflow process to ensure efficiency of operation.
- The process of creating invoices, receiving payments, and recording deposits are part of the Workflow process she must adhere to at her place of work.
In conclusion, the process makes the work of employee easier and uncomplicated because its enables them adhere to a strict procedure of getting work done.
Learn more about Workflow process here
<em>brainly.com/question/11939249</em>