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4 years ago

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If 4x-3=25, Then x=

= 25.then x = " alt="4x - 3 = 25.then x = " align="absmiddle" class="latex-formula">

1 answer:

RSB [31]4 years ago

8 0

If 4x-3=25 then x= 7

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You and your wife are making plans for retirement. You plan on living 30 years after you retire and would like to have $75,000 a

o-na [289]

Answer:

The amount needed in the retirement account is $707,025.

Explanation:

This problem is a case of annuity.

They plan to withdraw $ 75,000 annually from the end of the first year of retirement.

The formula that relates capital in the account to annual withdrawals is

$C=A*D=A*(\frac{(1+i)^{n} -1}{i*(1+i)^{n}} )\\\\C=75,000*9.427=707,025$

8 0

4 years ago

Horton Stores exchanged land and cash of $5,000 for similar land. The book value and the fair value of the land were $90,000 and

Anuta_ua [19.1K]

Answer:

c. $ 95,000 $ 0

Explanation:

<u>Calculation of cost of land acquired</u>

For the purpose of recording of land acquired in the books of accounts, the accounting values of consideration paid shall be considered as per the generally accepted accounting principles as well as as per International accounting standard (IAS) - 16 'Property, plant and equipment'. Hence the land shall be recorded as per the following amounts:

Consideration paid in cash (A) = $ 5,000

Consideration in kind (land) (B) = $ 90,000 (Refer Note 1)

Total cost of new land (A+B) = $ 95,000

<em>Note 1</em>

Fair value is irrelevant for the purpose of capitalization of asset (IAS-16)

<u>Calculation of Gain/loss on disposal of land</u>

No gain/loss needs to be recorded as the new asset shall be recorded in terms of the book value of old asset (i.e. net impact is already taken into account during the exchange transaction)

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4 years ago

When fear of default on bonds issued by u.s. corporations decline, then

Lady bird [3.3K]

Answer:

a. net capital outflow falls and the exchange rate rises.

Explanation:

Public impression on the performance of securities goes a long way in determining how well investors purchase them for investment purposes.

When there is fear by investors of a securitie's performance, they avoid buying it. However if there is less fear on the security investors will buy it more.

When fear of default on bonds issued by u.s. corporations decline, net capital outflow decreases because investors have high confidence in local bonds and reduce buying of foreign investments.

Also the exchange rate rises as the currency grows stronger.

6 0

3 years ago

Read 2 more answers

Potential GDP :________A. Is the level of real GDP attained when all firms are producing at capacity. B. Falls below actual real

ivanzaharov [21]

Answer:

Potential GDP is:

C. Is the maximum output firms are capable of producing.

Explanation:

Potential gross domestic product (GDP) is defined in the OECD's Economic Outlook publication as the level of output that an economy can produce at a constant inflation rate. Potential output occurs when an economy produces what it can using all of its resources. These resources include technology, equipment, natural resources, and employees. Potential output can also be looked at in terms of supply and demand.

Although an economy can temporarily produce more than its potential level of output, that comes at the cost of rising inflation.

The changes in potential GDP are caused by the increase in quantity of physical or human capital So the larger quantity of physical capital and human capital, the greater is potential GDP.

The difference between actual and potential GDP is that potential GDP is the level of production of goods and services that the economy is capable of if its workforce is fully employed and its capital stock is fully utilized. Actual GDP is the actual output of goods and services. Real potential GDP is the CBO's estimate of the output the economy would produce with a high rate of use of its capital and labor resources. The data is adjusted to remove the effects of inflation.

6 0

3 years ago

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Two 1000 dollar face value bonds are both redeemable at par, with the first having a redemption date 3 years prior to the redemp

finlep [7]

Answer:

$ 915.71

Explanation:

In order to determine the second bond price we need to determine the number of years to maturity of the first bond using nper formula in excel.

=nper(rate,pmt.-pv,fv)

rate is the semiannual interest rate of 6% (12%*6/12)

pmt is the semiannual interest=$1000*8.3%*6/12=$41.50

pv is the current price at $813.04

fv is the face value of $1000

=nper(6%,41.50,-813.04,1000)= 16.00

The years to maturity=16/2=8 years

The years to maturity of second bond=8+3=11 years

price of second bond=-pv(rate,nper,pmt,fv)

rate is 6%

nper is 11 years multiplied by 2= 22

pmt =5.3%*$1000=$53

fv is $1000

=-pv(6%,22,53,1000)=$915.71

5 0

3 years ago

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