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lianna [129]
3 years ago
15

your coin collection 51 1952 silver dollars. If your grandparents purchased them for their face value when they were new, how mu

ch will your collection be worth when you retire in 2061, assuming they appreciation at annual rate of 4.2 percent
Business
1 answer:
shusha [124]3 years ago
3 0

Answer:

FV= $4,520.14

Explanation:

Giving the following information:

Face value= $51

Number of years= 2061 - 1952= 109

Appreciation rate= 4.2%= 0.042

To calculate the future value of the coins, we need to use the following formula:

FV= PV*(1+i)^n

FV= 51*(1.042^109)

FV= $4,520.14

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Stitch Fix is an online personal styling service that was founded in 2011. This company combines computer algorithms with human
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A

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Also, Stitch Fix contributes to GDP as a result they can contribute to global economic growth

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Danielle is a 74-year-old widow, lives alone in the home she has had for over 40 years, and has become something of a packrat. s
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Answer:

This is a case of<u> "compulsive hoarding".</u>

<u></u>

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3 0
3 years ago
A special tax was levied by Downtown City to retire and pay interest on general obligation bonds that were issued to finance the
jonny [76]

Answer:

C. Debt Service Fund.

Explanation:

Dept service funds can be described as monies or reserves which are been used to pay for capitals, interest and certain dept that have accrued by the company and it can cover for any other form of dept owed by the company.

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5 0
3 years ago
An office building is expected to create operating cash flows of $30,500 a year for three years, based on tenants' rental income
Tasya [4]

Answer:

The net present value of this project is $5,809.78.

Explanation:

Note: See the attached excel file for the calculation of net present value of this project.

In the attached excel file, the discounting factor is calculated as follows:

Discounting factor = 1 / (100% + required rate of return)^n

Where n is a particular year in focus.

From the attached excel file, we have:

Net present value = $5,809.78

Therefore, the net present value of this project is $5,809.78.

Download xlsx
5 0
2 years ago
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