Answer:
Total amount = $10906400
He would receive = $ 45443.33 every month
Explanation:
Ken invested $1.6 million at 9.6% for 20 yes compounded monthly.
n = 20*12= 140
t = 20
P= 1600000
R= 9.6% = 0.096
Amount A is equal to
A = p(1+r/n)^(nt)
A =
1600000(1+(0.096/140))^ (140*20)
A =
1600000(1 + (6.857*10^-4))^(2800)
A= 1600000(1.0006857)^2800
A = 1600000*6.8165
A = 10906400
Every month, he will get
10906400/(12*20)
= 10906400/240
=$ 45443.333
Answer:
<u>Mistake of ignoring secondary effects</u>
Explanation:
Whenever there arises an adverse impact of a policy and it's implementation, owing to ignorance of secondary consequences, it is termed as ignoring secondary effects.
In short, it refers to assessing and viewing only the positive aspects of a policy or a move, meanwhile not taking into consideration the other adverse consequences which are also associated with the same policy.
In the given case, the environmentalists have only considered the generation of alternative sources of energy via windmills which will lead to preservation of fossil fuels. The proposed policy has been implemented without taking into account it's flip side i.e the harm it causes to bat population and migratory birds.
Thus, it can be stated that the environmentalists herein only considered the favorable outcome of a policy implementation and ignored the adverse effect of the same. Hence, they are said to have committed the mistake of ignoring the secondary effects.
Answer:
$360,000
Explanation:
Net sales : $2,500,000
Cost of goods sold : ($1,300,000)
Gross profit : $ 1,200,000
Interest expense : ($50,000)
Net profit : $ 1, 150,000
Retained earning: ($30,000)
Dividends paid : ($300,000)
Tax at 40%: =40% * $1,150,000
($460,000)
Depreciation expense : $360,000
Answer:
10.57%
Explanation:
Return on investment is a profitability measure of gains realized from an investment. It is a ratio that shows how a business uses its resources to generate profits. Return on investment compares the net income against the initial investment.
ROI = Net Income / Cost of Investment
For Tommy,
The initial investment is 35 x $45.75 =$1,601.25
The gains from the investments
Dividends of $82.45
Gains in share value = 35 x ($48. 75 -$45.43)
35 x 2.48 =$86.8
Net gains will be $82.45 + $86.8= $169.25
ROI = $169.25/$1601.25
ROI =0.10569 X 100
=10.57%
