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arsen [322]
3 years ago
11

You have saved $10,000 toward a down payment on a home. The money is invested in an account earning 7% interest. You will be rea

dy to purchase the new home once your savings account grows to $25,000. Approximately how many years will it take for the account to reach $25,000?
Business
1 answer:
ANEK [815]3 years ago
4 0

Answer:

Number of year = 14 years (approx)

Explanation:

Given:

Present amount = $10,000

Rate of interest = 7% = 7 / 100 = 0.07

Number of year = ?

Amount = $25,000

Computation of Total year to get given amount:

Amount = Present\ amount(1+r)^n\\\\25,000= 10,000(1+0.07)^n\\\\2.5 = (1.07)^n\\n=13.544

Number of year = 13.5444

Number of year = 14 years (approx)

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Stockholders' equity
inessss [21]

Answer:

C. includes retained earnings and paid-in capital

Explanation:

The statement of stockholder's equity comprises common stock i.e paid-in capital and retained earnings.

The ending balance of retained earning = Beginning balance of retained earnings + net income - dividend paid

And, the ending balance of the common stock = Beginning balance of common stock + issued shares  

In the balance sheet, the assets, liabilities, and stockholder equity is recorded. In this the accounting equation is used which is shown below:  

Total assets = Total liabilities + stockholder equity  

The debit and credit side of the balance sheet should always be equal and balanced.  

Moreover, it always is prepared on the specified date.

7 0
3 years ago
You are computing the discount rate for a project in the furniture business. Your firm is 100% equity financed and will remain t
cestrela7 [59]

Answer:

The given statement is correct

Explanation:

A well-perceived strategy to measure the cost of the capital for a project is 'pure-play'. As indicated by pure-play procedure, a firm faces two kinds of risks, the most significant is financial leverage risk as beta increases due to an increase in financial leverage risk and the second type is an operational risk. If a firm is persuaded to apply the pure-play method for the calculation of the cost of capital, for that, they should utilize the unlevered beta for the organization that is working in the same industry. Therefore, according to this technique, the given explanation is right.

3 0
3 years ago
I NEED HELP ASAP! CORRECT ANSWER GETS BRAINLIEST
Rom4ik [11]
2. Safe and 3. Easy to buy

While savings bonds are tax exempt for state and local purposes, you will pay federal income tax when you redeem the savings bond (1. no taxes).
These savings bonds are safe because they are sums lent to the US government and protected and backed by their powers (2. safe). In addition, they are easy and convenient to buy because of the low minimums and the online purchase system on the Treasury website (3. easy to buy).

They are not matched deposits (4. matched deposits). While you may receive them as gifts, you cannot redeem these gifts for a number of years, making them non-fungible (5. Great as gifts). Finally, there is a myth that these are good for the United States government but really they are merely backed and protected by the United States government as a savings mechanism. Saving is good for the US economy but does not have a truly meaningful impact on the US government.  

8 0
3 years ago
Read 2 more answers
economic systems from the most government involvement in the economy to least government involvement.
Mademuasel [1]

Explanation:

In a command economy, the system is controlled by the government. A mixed economy is partly run by the government and partly as a free market economy, which is an economic system that includes no government intervention and is mainly driven by the law of supply and demand.

5 0
3 years ago
The annual demand for a product is 14,200 units. The weekly demand is 273 units with a standard deviation of 95 units. The cost
creativ13 [48]

Answer: 1,425.2 units

Explanation:

Recorder point :

Lead time = 4 weeks

Expected demand during this time is

= No. of weeks × Weekly demand

= 4 × 273

= 1,092 units

Standard Deviation = 95 units

Standard Deviation for the 4 week period is:

= 85\ units\times 4^{0.5}

= 170 units

At the 95% probability level, the z-score is 1.96 (From the Z- table)

Safety Stock = Z-value × Standard Deviation for the 4 week

                     = 1.96 × 170 units

                     = 333.2 units

Recorder point = Safety stock + expected demand during the time period so,

                          =  333.2 units  + 1,092 units

                          = 1,425.2 units

6 0
3 years ago
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