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mote1985 [20]
3 years ago
11

You plan to set up an endowment at your alma mater that will fund $205,000 of scholarships each year indefinitely. If the princi

pal (the amount you donate) can be invested at 4.0 percent, compounded annually, how much do you need to donate to the university today, so that the first scholarships can be awarded beginning one year from now? (Round answer to 2 decimal places, e.g. 52.75.)
Business
1 answer:
o-na [289]3 years ago
5 0

<u>Solution and Explanation:</u>

The present value of annuity = Annual cash flows/Discount rate

= 205000 divided by 4 percent

=$5125000.00

The future estimation of cash is determined by utilizing a rebate rate. The markdown rate alludes to a financing cost or an accepted pace of profit for different speculations. The littlest markdown rate utilized in these figurings is the hazard free pace of return. U.S. Treasury bonds are commonly viewed as the nearest thing to a hazard-free venture, so their arrival is regularly utilized for this reason.

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Beginning work in process was $125,000. Manufacturing costs added to production for the month were $835,000. There were $200,000
Nataly_w [17]

Answer:

c. $ 760,000

Explanation:

For computing the cost of goods manufactured, we have to use the formula which is shown below:

Cost of goods manufactured= Beginning work in process + manufacturing cost - ending work in process

= $125,000 + $835,000 - $200,000

= $760,000

Beginning work in process + manufacturing cost is called total work in process for a given period

7 0
3 years ago
The Whalers are interested in trading their star left tackle. He is a veteran and makes $1.6 million per year. They are consider
Romashka-Z-Leto [24]

Answer:

$1,800,000

Explanation:

The veteran player makes $1.6 million per year.

The new prayer will be paid $1 million per year.

the Savings per year will be

= $1, 600,000 - 1,000,000

= $ 600,000

The savings in three years will be

=$600,000 x 3

=$1,800,000

3 0
3 years ago
Your grandfather started his own business 52 years ago. He opened an investment account at the end of his third month of busines
Yakvenalex [24]

Answer:

The answer is:D) $226.78

Explanation:

To calculate the amount of money your grandfather deposited every 3 months during 52 years to get $289,209.11 we can use an excel spreadsheet and the payment function =PMT(rate,nper,pv,fv)

where:

  • rate = 5.73% / 4 = 1.4325%
  • nper = 52 x 4 = 208
  • pv = 0
  • fv = 289,209.11

PMT = $226.78

6 0
3 years ago
An account is a record of increases and in a specific asset, liability, equity, revenue or expense.
Marianna [84]

An account is a record of every transaction, whether it increases or decreases the value of a specific asset, liability, equity, revenue, or expense.

<h3>What is an account?</h3>

An Account is a systematic way to record all the necessary transactions relating to a specific asset, liability, equity, revenue, or expense.

An account contains all types of transactions, whether related to financial or non-financial.

Thus, an account records all types of transactions that will increase or decrease the value of the specific asset, liability, equity, revenue, and expense.

Learn more about the Account here:

brainly.com/question/22917325

#SPJ1

4 0
2 years ago
In the _____ stage of selecting information technology projects, organizations select information technology projects. a. busine
nika2105 [10]

Answer:

d. resource allocation

Explanation:

Resource allocation involves assigning resources to various uses according to the most expedient or important in most cases.

These resources can include time, tools, people, etc. If these resources are not well allocated and managed there might be a disruption in the project.

3 0
4 years ago
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