Answer:
The correct answer is D.
Explanation:
Giving the following information:
Annual deposit= 5,000*1.25= $6,250
n= 35 years
i= 0.08 annual
To calculate the future value of the retirement plan, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {6,250*[(1.08^35)-1]}/0.08= }$1,076,980.02
Owning you're on the hydroelectric power station.
Answer:
Increase in value of firm due to debt = $350,000
Explanation:
given data
Value of debt = $1,000,000
interest rate = 7%
tax rate = 35%
solution
we get here Increase in value of firm due to debt that is express as
Increase in value of firm due to debt = Value of debt × tax rate ......................1
put here value and we get
Increase in value of firm due to debt = $1,000,000 × 35%
Increase in value of firm due to debt = $1,000,000 × 0.35
Increase in value of firm due to debt = $350,000
The number of tokens to be purchased will depend on the purchasing power of my present capital.
<h3>What is a subway tokens?</h3>
It means those metal or plastic disk that can be redeemed, used in designated slot machines which are mostly used to pay for entry to the subway system.
Despite that the effect of inflation could push the subway tokens which are $1.50 today to go up to $2.00, the number of tokens to be purchased will depend on the purchasing power of my present capital.
Read more about purchasing power
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