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klasskru [66]
3 years ago
15

You need to have $33,250 in 11 years. You can earn an annual interest rate of 4 percent for the first 6 years, and 4.6 percent f

or the next 5 years. How much do you have to deposit today
Business
1 answer:
Shkiper50 [21]3 years ago
5 0

Answer:

$11,667.91

Explanation:

Let the amount of deposit which needs to be made today is A. We have:

A x 1.04^6 + (A x 1.04^6 x 1.046^5) = 33250

A = $11,667.91

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The degree to which a specific finding can be applied to a broader group or population is __________.
Citrus2011 [14]
The correct answer to this is either generalizing or generalizabilty. Both mean the same and can be used interchangeably. It is basically an ability to generalize something based on a specific finding. It's not only on a broader group though, as it can also be done for its impact on natural environments based on a smaller finding.
7 0
3 years ago
Read 2 more answers
National defense is a good that is non excludable and nonrival in consumption. Suppose that, instead of national defense being p
timama [110]

Answer:

Alan is better off by $15

Explanation:

the number of citizens in latvia = 10

if citizens were levied $10 each, total amount

= 10*10

=$100

each persons valuation = 100*0.25

= $25

$25 is also Alans valuation sice he is a part of this population.

since he contribited $10, his net gain would be

$25.00 - $10.00

= $15.00

Alan is better of by $15 in the tax system.

8 0
3 years ago
has excess cash of​ $15,000 at the end of the harvesting season. will need this cash in four months for normal operations. Requi
kolezko [41]

Answer:

1)

Some of the major reasons why Garden Haven might to choose to either  invest in debt or equity securities are as follows;

  • They want to generate earnings. It is better to earn money from excess cash than keep it idle.
  • They invest in debt or securities because they provide liquidity. Investments in debt or securities can be sold through exchange the day decision is taken to see and convert it cash .
  • To meet cyclical cash needs.
  • They may have policies as regard to quantum of cash that can be kept .

2)

In terms of classification, Garden Haven's investment falls in short term investments.

Investments made for a period less than a year are classified as short term investments. Investments made for longer than one year are classified as long term investments. Since Garden Haven is making this investment for four months, this is be classified as short term investment.

8 0
3 years ago
A schedule listing account balances for the current and previous years, and columns for adjusting and reclassifying entries prop
g100num [7]

Answer:working trial balance

Explanation:

A trial balance is a statement prepared to test the mechanical accuracy of ledger transactions

4 0
4 years ago
Read 2 more answers
Vaughn Manufacturing has the following items at year-end:
Amiraneli [1.4K]

Answer:

$37,100

Explanation:

Calculation for what Vaughn should report as cash and cash equivalents

Cash in bank $36,200

Petty cash 300

Short-term paper with maturity of 2 months 600

Cash and cash equivalents $37,100

Therefore Vaughn should report cash and cash equivalents of:$37,100

5 0
3 years ago
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