Answer:
The correct answer is: $5,140.80.
Explanation:
Simple Interest is a quick method of calculating the interest charged on a loan or the interest accrued out of an investment. It is determined by multiplying the interest rate by the principal by the number of periods. It is one of the most common methods used in finance to calculate the return on certain investments.
In the example, the number of years considered to calculate the interest is 17 because the 18th year on interest is realized by the end of that year. Thus:
- Deposit per year: $140
- Interest per year: $140 x 12% = $16.80
- Interest accrued: $16,8 x 17 = $285.60
- Total savings: (Deposit per year x number of years) + interest accrued
- Total savings: ($140 x 18) + $285.60
- Total savings: $5,140.80
Enterprise project management software is also known as high-end tools of project management software. Thus, option C is correct.
<h3>What is management? </h3>
Management can be defined as the way that a person tries and coordinate with different people in different departments.
Enterprise project management also known as EPM defines that there will be coordination between the department and the means that it ensures that the expectation and the goal are being met according to the standards.
High-end product development solutions are frequently referred to as corporate software for managing projects. Therefore, option C is the correct option.
Learn more about management, here:
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Reduced Quality, Hindered Production, and Workers May Come To Work When Sick
Answer:
A. $90,800
B. $87,575
Explanation:
Calculation to determine Daniel's gross income and his AGI
A. Calculation for the Gross income using this formula
Gross income=Salary income + Net rent income + Dividend income
Let plug in the formula
Gross income= $87,000 + 2,500 + 1,300
Gross income=$90,800
Therefore her Gross income is $90,800
B. Calculation to determine the AGI using this formula
AGI=Gross income - (Contribution to traditional IRA + Loss on sale of real estate)
Let plug in the formula
AGI= $90,800 - ($2,400 + $825)
AGI=$90,800-$3,225
AGI=$87,575
Therefore her AGI is $87,575
Answer:
8.2%
Explanation:
As we know that:
r = (Future Value / Present Value)^(1/Time) - 1
Here
Future Value is $430,065.11
Present Value is $3,800
Time is 60 years
By putting values, we have:
r = ($430,065.11 / $3,800)^(1/60) - 1
r = (113.16)^(1/60) - 1
r = 1.082 - 1 = 8.2%