Answer:
Initial investment= $23,838.78
Explanation:
Giving the following information:
Future Value (FV)= $125,000
Number of periods (n)= 5
Interest rate (i)= 5%
<u>First, we need to calculate the future value of the three deposits using the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {30,000*[(1.05^3) - 1]} / 0.05
FV= $94,575
Difference= 125,000 - 94,575= $30,425
<u>Now, the initial investment today:</u>
FV= PV*(1 + i)^n
Isolating PV:
PV= FV / (1 + i)^n
PV= 30,425 / (1.05^5)
PV= $23,838.78
Answer:
Kaynaddi here is the answer of your question
The agent is not the owner of the apartment so he will not take care of the apartment, because he isn't supposed to pay the cost of fixing damages in the apartment. To mitigate this risk renter can be asked to pay a deposit which can be adjusted for any damages done in the apartment.
A provision in the lease agreement for the annual renewal allows an incentive for a renter who is long term. Doing so will help maintain leased apartment.
Answer:
$47,540
Explanation:
Calculation to determine what The wages and salaries in the flexible budget for August would be closest to:
Using this formula
Cost = Fixed cost + Variable cost per unit ×q
Let plug in the formula
Cost =$2,140 + $454 × 100
Cost=$47,540
Therefore The wages and salaries in the flexible budget for August would be closest to:$47,540
Answer:
D×L + SS
Explanation:
The reorder point (ROP) is the inventories or stock level for a certain product that, when attained, initiates the reordering of more inventories. The lead time it will take to refill inventories is taken in when computing the reorder points for different stock holding units. This ensures inventory levels do not approach zero.
Computing reorder points necessitates a thorough understanding of purchase habits over a specific time period. The more ROP you compute for each product, the better you'll be able to anticipate future demand and guarantee you're using the reorder quantity calculation appropriately.
From the given information in the question:
The reorder point can be determined by using the formula:
Reorder point = Demand (D) at the point of leas time (L) with the addition of safety stock (SS)
Reorder point = D×L + SS
Answer:
Dividend = $6.29993 rounded off to $6.30
Option c is the correct answer
Explanation:
Using the zero growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,
P0 = Dividend / r
Where,
- r is the required rate of return or cost of equity
Plugging in the values for P0 and r in the formula, we can calculate Dividend to be,
69.23 = Dividend / 0.091
69.23 * 0.091 = Dividend
Dividend = $6.29993 rounded off to $6.30
