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AnnyKZ [126]
3 years ago
13

1

Business
1 answer:
marysya [2.9K]3 years ago
4 0

Answer:

Explanation:

cvb

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If a person deposited $50 a month for 6 years earning 8%, this would involve what type of computation?
Elenna [48]
C. Future value of a series of deposits

It is not B, because although Future Value of a Single Amount (FV) is similar, it is only when you deposit a certain amount one time and let it grow in value. 
Your question says they deposit money more than once, so it is C.
5 0
3 years ago
Read 2 more answers
Two online travel companies, E-Travel and Pricecheck, provide the following selected financial data: ($ in thousands) E-Travel P
svlad2 [7]

Answer:

E-travel-1.15

Pricecheck-0.38

Explanation:

Debt to equity ratio compares the finance provided by outsiders viz-a-viz that which is provided by the original owners of the company,the shareholders, in order to determine whether or not the company is at risk of slow growth if outsiders withdraw their funds.

Debt to equity=total liabilities/equity

E-Travel:

total liabilities is $2,854,475

total equity $2,482,681

debt-equity ratio=$2,854,475/$2,482,681=1.15

Debtholders provided more capital funding than the stockholders

Pricecheck:

total liabilities is $472,610

total equity is $1,257,614

debt-to-equity ratio=$472,610/$1,257,614 =0.38

4 0
3 years ago
Which of the following actions is a good example
Kisachek [45]

Answer:

A,B,C

Explanation:

3 0
3 years ago
Brad has purchased a new boat for $20,000. He paid $3,000 as down payment and he paid the balance by a loan from his hometown ba
Pachacha [2.7K]
  • Monthly payment = $753.45
  • Interest in first month = $85

First remove the amount paid as down payment:

= 20,000 - 3,000

= $17,000

The amount to be paid monthly is a constant amount which would make it an Annuity.

The $17,000 is the present value of this Annuity so the formula for present value of annuity can be used to find the annuity.

The payment is monthly so the rate and number of periods needs to be converted:

Rate = 6%/12 = 0.5%

Period = 2 x 12 = 24 months

Annuity is:

<em>Present value of Annuity = Annuity x ( 1 - (1 + rate) ^- number of periods) / rate </em>

17,000 = A x ( 1 - ( 1 + 0.5%)⁻²⁴) / 0.5%

17,000 = A x 22.5628662

A = 17,000 / 22.5628662

A = $753.45

The interest in the first month is:

<em>= Interest rate x Amount borrowed </em>

= 0.5% x 17,000

= $85

In conclusion, the monthly payments will be $753.45 and the interest in the first month will be $85.

<em />

<em>Find out more at brainly.com/question/20691724.</em>

6 0
2 years ago
Choose the logical transition to fill in the blank. the store was out of the brand that i​ wanted;​ _____, they offered to send
hoa [83]
The logical transition would be something on the lines of 'so instead' or 'therefore'
8 0
3 years ago
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