Answer:
$3,286.52
Explanation:
PVA= A×({1 −[1 / (1 + i)n]} / i)= $24,000 ×({1 −[1 / (1.12)25]} / .12)
= $188,235.34
FVA= A×{[(1 + i)n−1] / i}A=
FVA/ {[(1 + i)n−1] / i}= $188,235.34 / {[(1.10)20−1] / .10}= $3,286.52
To determine the annual deposit into an account earning 10 percent that is necessary to accumulate$188,235.34 after 20 years, solve for the annuity:
N= 20
I/Y=10
PV=0
PMT=CPT PMT -3286.52
FV=188 235.34
Answer: $3,286.52
Answer:
a. determine a reasonable price for the cement and insert it into the contract.
Explanation:
Since in the question it is mentioned that the amy & builders corporation would entered into a contract where amy agrees to deliver the cement at the construction site. At the same time they deny to include the price in the agreement. So here the court would say that calculate the price for the cement and the same would be involved in the contract as without price the contract is not valid
Hence, the option a is correct
THE NAVIGATION ACTS requires American colonies to supply England with raw ........... Navigation Acts are a series of laws passed by the British parliament which imposed restrictions on colonial trade. The Acts were meant to promote the sufficiency of the British empire by restricting colonial trade to England. The Acts aroused the anger of the American colonists.