1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
elena-14-01-66 [18.8K]
3 years ago
8

When would you use a cashier's check ?

Business
1 answer:
AleksAgata [21]3 years ago
6 0
Is this an open ended question ? Or multiple choice ?
You might be interested in
You are scheduled to receive a $500 cash flow in one year, a $1,000 cash flow in two years, and pay an $800 payment in three yea
Sunny_sXe [5.5K]

Answer:

present value = $9320.06

Explanation:

given data

cash flow 1 year C1 = $500

cash flow 2 year C2 = $1000

pay 3 year C3  = $800

interest rates  r = 10 percent per year = 0.10

solution

we get here present value that is

present value = \frac{C1}{(1+r)} +\frac{C2}{(1+r)^2} +\frac{C3}{(1+r)^3}   ....................1

put here value and we will get

present value =  \frac{500}{(1+0.10)} +\frac{10000}{(1+0.10)^2} +\frac{800}{(1+0.10)^3}

present value = $9320.06

7 0
3 years ago
The time value of money theory consists in four beliefs: (1) Investment risk is important; (2) money today is worth more than mo
Schach [20]

Answer:

The four beliefs are true. But accuracy is demanded

Explanation:

1 Investment risk is important ir order to estimate the likelihood of occurrance of  losses in the future.

2. money today is worth more than <em>the same amount </em>of money tomorrow.

3. inflation must be considered when making investment decisions, because  makes money lose their value in the future.

4. investment opportunity costs must be considered. Is necessary to compare investments with financial products or other commercial activities.

4 0
3 years ago
If you have a professional e-mail address, it should always be included on your résumé. Please select the best answer from the c
cluponka [151]
The answer would be Ture.
7 0
3 years ago
Read 2 more answers
A cross-functional team has been formed to come up with ways to improve communication among departments. team members are now ta
Kisachek [45]

They are in the "collecting information" stage of planning.

4 0
2 years ago
Erick is planning to invest $500 at the end of year one, 800 at the end of year two, and 900 at the end of uear three at 4.5 per
UkoKoshka [18]

Answer:

Final value= $2,282.013

Explanation:

Giving the following information:

Erick is planning to invest $500 at the end of year one, 800 at the end of year two, and 900 at the end of year three at 4.5 percent interest.

To calculate the total final value of the investment, we need to use the following formula for each deposit:

FV= PV*(1+i)^n

Deposit 1= 500*1.045^2= 546.013

Deposit 2= 800*1.045= 836

Deposit 3= 900

Final value= $2,282.013

4 0
3 years ago
Other questions:
  • Novak Corp. reported net income of $1.20 million in 2022. Depreciation for the year was $192,000, accounts receivable decreased
    12·1 answer
  • Paying attention to the trends that might impact your future career is called
    15·2 answers
  • Predetermined overhead rates in traditional costing are often based on
    14·1 answer
  • Cat's Coaster Company uses cork in all of the protective drink coasters that it manufactures. If Cat's enters into an agreement
    10·2 answers
  • At December 1, 2017, Swifty Company's Accounts Receivable balance was $12770. During December, Swifty had credit sales of $34200
    7·1 answer
  • Scenario: Over the last several months, there has been a rapid increase in the number of loans that banks have provided for mort
    14·2 answers
  • GUYS PLEASE HELP ME WITH FINANCIAL PLAN FOR COMPANY OF CONFECTIONERY PRODUCTS BASED ON COFFEE!!!!! 1)Set the price of product an
    14·2 answers
  • Assume anderson general store bought, on credit, a truckload of merchandise from american wholesaling costing 23400. if anderson
    8·1 answer
  • Question 3<br><br> Total expenditure equals price times elasticity?<br> True or False
    7·1 answer
  • In the dell case study, engineers working closely with marketing, used lean software development strategies and numerous technol
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!