You have $25.36 in your account. You make deposits of $36 and $78 and make a withdrawal of $61.24. How much is in the account?

what is the present value of $7500 per year, at a discounted rate of 7.1%, of the first payment is received 6 years from now and

ss7ja [257]

Answer:

PV= $50,981.17

Explanation:

<u>First, we need to calculate the future value at the end of the period:</u>

FV= {A*[(1+i)^n-1]}/i

A= annual payment

FV= {7,500*[(1.071^19) - 1]} / 0.071

FV= $283,234.78

<u>Now, the present value:</u>

PV= FV/(1+i)^n

in this case n=25 years

PV= 283,234.78 / (1.071^25)

PV= $50,981.17

5 0

3 years ago

Select the accounting principle, assumption, or related item that best completes the sentence. Ex: Material. Full disclosure. Fa

KIM [24]

Answer:

1. Relevance and faithful 2.confirmatory value 3.Comparability 4. fair value 5. material 6. consistency 7. neutrality 8.Full disclosure 9. periodicity 10. Revenue recognition

4 0

3 years ago

A monopoly's cost function is CQ and its the demand for its product is pQ where Q is output, p is price, and C is the total c

Elan Coil [88]

Answer:

The answer is "70 units".

Explanation:

In the given question some equation is missing which can be defined as follows:

$C = 1.5Q^2+40Q\\\\P=320-0.5Q$

Monopolistic functions are used where Marginal Profit = Marginal Cost where marginal revenue and marginal cost stand for the MR and MC.

Finding the value of MR :

$\ MR = \frac{\partial TR}{\partial Q} \\\\$

$= \frac{\partial PQ}{\partial Q} \\\\= \frac{\partial (320-0.5Q)Q}{\partial Q}$

$= \frac{\partial (320Q -0.5Q^2)}{\partial Q}\\\\ = \frac{\partial Q (320 -0.5Q)}{\partial Q}\\\\ \ by \ solving \ we \ get \\\\ = 320 - Q...(1)$

Calculating the value of the MC:

$MC = \frac{\partial TC}{\partial Q} \\$

$=\frac{\partial (1.5Q^2 + 40Q)}{\partial Q} \\\\=\frac{\partial Q (1.5Q + 40)}{\partial Q}\\\\ \ by \ solve \ value \\\\ = 3Q + 40....(2)$

compare the above equation (i) and (ii):

$\to 320 -Q = 3Q+40\\\\\to 320 -40 = 3Q+ Q\\\\\to 280 = 4Q\\\\\to 4Q =280 \\\\\to Q= \frac{280}{4}\\\\\to Q= 70 \\$

8 0

3 years ago

If real GDP grows by 3 percent, the velocity of circulation does not change, and the quantity of money grows by 3 percent, then

trapecia [35]

Based on the real GDP growth rate, the velocity of circulation, and the quantity of money, the long run inflation rate will be 0%.

<h3>What is the long-run inflation rate?</h3>

This can be found using the Quantity theory of money:
Money supply x Velocity of circulation = Price level x Real GDP

Can also be written as:

% change in M + % change in V = % change in P + % change in Y

Solving gives:

3% + 0 = P + 3%

P = 3% - 3%

= 0%

The price level is to increase by 0% which means that inflation is 0%.

Find out more on the Quantity theory of money at brainly.com/question/26370040.

7 0

2 years ago

During 2019, half of the treasury stock was resold for $180,000; net income was $510,000; cash dividends declared were $1,320,00

Sliva [168]

Answer:

$5,790,000 using opening balance assumption which was not provided in the question

Explanation:

Shareholders Equity 2019= Opening Shareholders Equity + Resold Treasury Stock + Net income - Cash Dividends Paid

Here

Resold Treasury Stock is $180,000

Net income $510,000

Cash Dividends Paid $1,320,000

Opening Shareholders Equity is missing so we assume the following remainder part as I didn't find the remainder part anywhere:

As of Dec. 31, 2018, Warner Corporation reported the following: Dividends payable- 20,000; treasury stock- 600,000; paid-in capital-share repurchase- 20,000; other paid-in capital accounts- 4,000,000; retained earnings- 3,000,000.

So

Opening Shareholder Equity = Opening paid-in capital accounts + Retained earnings - Treasury Stock + Paid in Capital share repurchases

Opening Shareholder Equity = $4,000,000 + $3,000,000 - $600,000 + 20,000 = $6,420,000

By putting values, we have:

Shareholders Equity = $6,420,000 + $180,000 + $510,000 - $1,320,000

Shareholders Equity = $5790,000

4 0

3 years ago