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Anna35 [415]
3 years ago
13

Your grandfather made an investment of $4,000 the day you were born, as such starting to earn returns immediately. His assumptio

n is that by investing in the average market, the investment account will earn an annual rate of 6%, which is a historical average. He will continue to make 18 more annual $1,500 deposits into this account for you, assuming you will earn the average 6% every year. Based on the above assumptions, what will be the balance of this account after the initial investment and the 18 annual returns earning the hypothetical 6%?
Business
1 answer:
weeeeeb [17]3 years ago
3 0

Answer:

Acumulated value=57,775.84

Explanation:

this problem can be solved applying the concept of annuity, keep in mind that an annuity is a formula which allows you to calculate the future value of future payments affected by an interest rate.by definition the future value of an annuity is given by:

s_{n} =P*\frac{(1+i)^{n}-1 }{i}

where s_{n} is the future value of the annuity, i is the interest rate for every period payment, n is the number of payments, and P is the regular amount paid

But there is an special thing to keep in mind and is the initial payment so we must to calculate the 4,000 in the future so we have:

Acumulated value=s_{n} +P*(1+i)^{n}

Acumulated value=1,500*s_{18} +4,000*(1+0.06)^{18}

Acumulated value=57,775.84

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Answer:

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Explanation:

In the specific problem outlined above, the company wants to maximize its revenue and ensure that the production cost is as low as possible for the given quantity of land, cement and the available labor. In order to ensure that this is possible, the company must try to increase the upper L so that there would be an increase in MP (subscript upper C) and a decrease in MP (subscript upper L).

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During an equal employment opportunity​ (EEO) investigation, the Equal Employment Opportunity Commission​ (EEOC) will issue an o
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Answer: Cause or no cause took place

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3 years ago
The weighted average cost of capital is determined by Blank______. Multiple choice question. multiplying the weighted average af
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<h3>What is WACC?</h3>

Generally, A company's WACC is determined by calculating the cost of each kind of capital (debt and equity) by the market value weight assigned to that source of capital, and then summing the results.

In conclusion,  It is calculated by dividing the weighted average after-tax loan costs by the weighted average equity costs, and the weighted average cost of capital is the result.

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2 years ago
The accounts in the ledger of Monroe Entertainment Co. are listed below. All accounts have normal balances.
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The correct answer is $13.900.

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To carry out the verification balance, the nature of the accounts presented in the normal balance of the organization must be taken into account. We have that the assets and income have a debit nature, so it is necessary that the corresponding to that premise are:

Accounts receivable $ 1,800 - Active

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Cash $ 3,200 - Assets

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On the other hand there are accounts that despite being of a credit nature, have credit movements as a result of ordinary activities, which would be:

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A market penetration strategy attempts to increase sales of present products among<u> existing customers.</u>

<h3>What is penetration price strategy?</h3>

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