Answer:
a) $903.3
b) $907.14
c) $909.13
d) $910.47
Explanation:
Data provided in the question:
Principle amount = $675
Now,
Future value =
here,
n is the number of periods
r is the Annual rate of interest
t is the time in years
Thus,
a) For 6% compounded annually for 5 years
r = 6% = 0.06
n = 1
t = 5
Future value = $675 ×
or
Future value = $675 × 1.338226
or
Future value = $903.3
b) For 6% compounded semiannually for 5 years
r = 6% = 0.06
n = 2
t = 5
Future value = $675 ×
or
Future value = $675 × 1.343916
or
Future value = $907.14
c) For 6% compounded quarterly for 5 years
r = 6% = 0.06
n = 4
t = 5
Future value = $675 ×
or
Future value = $675 × 1.346855
or
Future value = $909.13
d) For 6% compounded monthly for 5 years
r = 6% = 0.06
n = 12
t = 5
Future value = $675 ×
or
Future value = $675 × 1.34885
or
Future value = $910.47
Answer:
$30,000
Explanation:
Amortization is the process of expensing the cost of an intangible over its useful life. It is equivalent to depreciation in physical assets.
Under the straight-line depreciation, the depreciation amount is constant throughout the life of the asset.
For Bricktown, the cost of the asset is $50,000
use-life is five years,
the rate of depreciation will be 1/5 x 100
=1/5 x 100
20 percent
depreciation per year will 20% x $50,000
=20/100 x 100
=10,000
Accumulated depreciation at the end of the second year
=$10,000 x 2
=$20,000
The carrying value after two years will be the value of the asset - accumulated value. ( carrying value is the book value).
=$50,000 - $20,000
=$30,000
Answer:
The statement is: True.
Explanation:
Every time a company decides to open up businesses abroad, the must make a study in which the possibilities of success in the new region are highlighted. <em>Consumer behavior </em>and <em>buying patterns</em> are two of the main factors they have to consider as well as the <em>performance of the overall economy</em> of the country in the past years.
A direct cost is a price that can be completely attributed to the production of specific goods or services. Some costs, such as depreciation or administrative expenses, are more difficult to assign to a specific product and therefore are considered to be indirect costs.hope it helps