44% annual interest sounds too good to be true, but we'll work with it.
Don't know exactly how much is <span>$12 comma 00012,000.
I will work with $1,000,000 (one million). You can scale the results to the right amounts.
Future value = $1,000,000
i=0.44
n=88
Present value=$1,000,000/(1+0.44)^88=$1.159*10^(-8), not even one cent!
However, if the interest rate is 4% for 88 years (more likely), then
Present value=F/(1.04^88)=1,000,000/1.04^88=$317,000.50.
That's the amount you need to put in today to get $1000000 in 88 years at 4% APR (compounded annually).</span>
Answer:
the total goodwill resulting from this operation = $1,333,333
Explanation:
Since Midpark paid $1,000,000 for 30% of Cycling Pros, that would mean that Midpark determined that the total value of Cycling was: $1,000,000 / 30% = $3,333,333
If the book value of Cycling was $2 million, then the total goodwill resulting from this operation = $3,333,333 - $2,000,000 = $1,333,333
Answer:
b. 0.67
Explanation:
UCL = 1 + 0.10
= 1.10 inch
LCL = 1 - 0.10
= 0.9 inch
standard deviation = 0.005 inch
mean = 1 inch
Cpk
= min[(UCL - mean)/(3*standard deviation) , (mean - LCL)/(3*standard deviation))]
= min[(1.10 - 1)/(3*0.05) , (1 - 0.9)/(3*0.05))]
= min[0.67 , 0.67]
= 0.67
Therefore, Theprocess capability index (Cpk) if the long-run process mean is 1 inch is 0.67
Answer:
sorry i dont know i was trying but cant figure it out
Explanation: