Answer:
e. $153,156
Explanation:
From 9/1/14, he needs $50,000 every year for 4 years to fund the tuition fees. Therefore, present value of the amount needed at 9/1/14 using the Present value of annuity due formula
= 50,000 * {1+ (1/(1.05)^4) } / 0.05 * (1.05)
= $186,162
$186,162 is the amount needed after 4 years. Amount you need to invest today to have this amount in four years = $186,162/(1.05)^4 = $186,162/1.21550625 = $153,156.40
<span>These would be considered outputs. These are the products, services, or funds received as a part of a business transaction. Outputs are anything that a business creates, whether it's a concrete item or is more abstract (such as the enjoyment that a person gets from purchasing the product or service).</span>
Answer:
$897
Explanation:
The cost price is $23,000
The commission is 6%
Total commissions paid = 6/100 x $23,000
=0.06 x $23,000
=$1,380
If Sarah receives 35 %, then the broker gets 65 % the commission.
65% of $ 1, 380
=65/100 x 1380
=.65 x 1380
=$897
Answer: Information Utility
Explanation: it helps customers to access information on their buying activity and gives them information available on their buying options
