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Mama L [17]
3 years ago
8

A service contract for a video projection system costs $80 a year. You expect to use the system for four years. Instead of buyin

g the service contract, what would be the future value of these annual amounts after four years if you earn 2 percent on your savings
Business
1 answer:
bonufazy [111]3 years ago
5 0

Answer:

The future value at the end of year 4 will be $329.73

Explanation:

This can be found using the following annuity formula:

Future Value = Present Value * Annuity Factor (@2% for 4 Years)

Future Value = $80 * 4.121 =  $329.73

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<h3>What is productivity?</h3>

Productivity is defined as the efficient way of producing goods and services. Productivity occurs when the input to a system matches the output.

When technology is added to productivity, the service sector finds it difficult to measure due to the quality of the services provided

learn more on productivity here; brainly.com/question/2992817

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2 years ago
Indicate how each item should be classified in the statement of cash flows using these four major classifications: operating act
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Answer:

Indicate how each item should be classified in the statement of cash flows using these four major classifications

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Cash flows from operating activities

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(Increase) / (Decrease) in inventories

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