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mina [271]
3 years ago
8

You want to have $13,000 in 9 years for a dream vacation. If you can earn an interest rate of .4 percent per month, how much wil

l you have to deposit today?
Business
1 answer:
alexdok [17]3 years ago
7 0

Answer:

PV= $8,447

Explanation:

Giving the following information:

Future value= $13,000

Number of months= 9*12= 108

Interest rate= 0.4/100= 0.004 compounded montlhy

To calculate the initial investment required, we need to use the following formula:

PV= FV/(1+i)^n

PV= 13,000/(1.004^108)

PV= $8,447

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Valarie owns a company that makes specialized components for the auto industry. Her most important customer is a company that is
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Answer:

Need to accommodate the growth of key customer is the correct answer.

Explanation:

3 0
3 years ago
An aging of a company's accounts receivables indicates that the estimate of uncollectible receivables totals $7,900. If the Allo
schepotkina [342]

Answer:

Debit to Bad Debt Expense Account for $7,200

Explanation:

Based on the information given we were told that the company accounts receivable shows the estimate of uncollectible receivables of the amount of $7,900 which means that if the Allowance for Doubtful Accounts has an amount of $700 as a credit balance, the adjustment to record the bad debt expense will be :

Debit to Bad Debt Expense account for the amount $7,200 calculate as :

Uncollectible receivables totals $7,900-Allowance for Doubtful Accounts $700 =$7,200

(7,900 - 700 )

4 0
4 years ago
Suppose that Dmitri, an economist from an AM talk radio program, and Frances, an economist from a school of industrial relations
lions [1.4K]

Answer:

1. The disagreement between these economists is most likely due to

a. differences in values

2. Despite their differences, with which proposition are two economists chosen at random most likely to agree?

a. Lawyers make up an excessive percentage of elected officials.

Explanation:

Economists chosen at random do not usually agree on economic events and realities, instead, they are more likely to agree on issues that are not economic.  They offer differing opinions based on similar principles.  Most of their disagreements stem from differences in what they place their values on.  Some value market-oriented approaches while others value government interventions in market situations, with other variants in-between.

7 0
4 years ago
The following is correct statement related to the activity-based costing and traditional costing system, except:
kati45 [8]
The answer is D. Please don't discriminate if I'm wrong.
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4 0
3 years ago
The ability to produce a wide range of products or service is:
dezoksy [38]

Answer:

a. mix flexibility

Explanation:

Mix flexibility -

It refers to efficiency to produce and maintain various goods and services , is referred to as mix flexibility.

The prediction about the goods and services that would be sold in the specific product line .

The product and options mix as well as aggregate product families need to be predicted.

Hence, the correct term from the given statement of the question , is mix flexibility.

6 0
3 years ago
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