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agasfer [191]
3 years ago
15

Milo decides to invest $1,500 in a savings account every year at the beginning of the year for 10 years. Assuming an interest ra

te of 7%, how much will Milo have at the end of the 10th year

Business
1 answer:
irina1246 [14]3 years ago
4 0

Answer:

$22,175.40

Explanation:

For this question, we use the Future value formula that is shown on the attachment below:

Provided that,  

Present value = $0

Rate of interest = 7%

NPER = 10 years

PMT = $1,500

The formula is shown below:

= -FV(Rate;NPER;PMT;PV;type)

So, after solving this, the future value is $22,175.40

Therefore, the amount at the end of the year is $22,175.40

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Because an organization has limited influence on market growth rate, its main alternative for moving an SBU on the portfolio ana
svetlana [45]

Answer:

The correct answer is inject cash into it.

Explanation:

Every day, central banks lend money to private banks through auctions. The extraordinary thing about these new liquidity injections starring the European Central Bank or the US Federal Reserve is not so much the operation itself, as the situation in which they occur.

In this case, problems arise when, due to distrust, banks do not lend money to each other, operations that are common when the system is working properly.

With extraordinary placements, the central entities replace that lack of funds that private banks have not been able to obtain from their partners and, at the same time, at a cheaper price - at a lower interest rate.

6 0
3 years ago
Job satisfaction can be lost for all of the following reasons EXCEPT: a. Lack of opportunities for promotion b. Bickering with c
TEA [102]
An employee will be satisfied by the job so long as she or he is paid rightfully in accordance of the task that she or he is assigned to perform. From the listed choices above, the items that would cause the loss of job satisfaction of an employee include all A, B, and D. Thus, the answer for this item is letter C. 
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4 years ago
Read 2 more answers
Xytex Products just paid a dividend of $2.27 per share, and the stock currently sells for $32. If the discount rate is 15 percen
Minchanka [31]

Answer:

g = 0.0738255 or 7.38255% rounded off to 7.38%

Explanation:

Using the constant growth model of dividend discount model, we can calculate the price of the stock today. The DDM values a stock based on the present value of the expected future dividends from the stock. The formula for price today under this model is,

P0 = D0 * (1+g) / (r - g)

Where,

  • D0 * (1+g) is dividend expected for the next period /year
  • g is the growth rate
  • r is the required rate of return or cost of equity

Plugging in the values of P0, D0 and r in the formula, we can calculate the value of g to be,

32 = 2.27 * (1+g) / (0.15 - g)

32 * (0.15 - g) = 2.27 + 2.27g

4.8 - 32g = 2.27 + 2.27g

4.8 - 2.27 = 2.27g + 32g

2.53 = 34.27g

g = 2.53 / 34.27

g = 0.0738255 or 7.38255% rounded off to 7.38%

6 0
3 years ago
A table of notes receivable for 2018 follows:
Natasha2012 [34]

Answer:

The interest revenue is $ 300+$315.62+$887.67+$4500= $ 6003.29

Explanation:

Note 1 :  Interest Revenue =  $ 30,000 * 4% *3/12= $ 300

Note 2 :  Interest  Revenue=  $ 16,000 * 8 % *90/365= $  315.62

Note 3:  Interest Revenue=  $ 18,000 * 10% *180/365= $ 887.67

Note 4:  Interest Revenue=  $ 150,000 * 12% *6/12= $ 4500

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3 years ago
State 2 factors that might influence which source of finance to choose​
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Cost: ...
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Risk profile: ...
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