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IrinaK [193]
3 years ago
15

For the next 6 years, you plan to make equal quarterly deposits of $600.00 into an accountpaying 8% compounded quarterly. How mu

ch will be the total you have at the end of the time
Business
1 answer:
viva [34]3 years ago
8 0

Answer:

Final Value= $18,253.12

Explanation:

Giving the following information:

For the next 6 years, you plan to make equal quarterly deposits of $600.00 into an account paying 8% compounded quarterly.

To calculate the final value, we need to use the following formula:

FV= {A*[(1+i)^n-1]}/i

A= quarterly deposit= 600

n= 6*4= 24

i= 0.08/4= 0.02

FV= {600*[(1.02^24) - 1]}/ 0.02= $18,253.12

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olga2289 [7]

Answer:

Henry is analyzing - "Would it be ethical not to take action?"

Explanation:

Ethics is a moral principle that involves a concept to become right or wrong. Business ethics and work ethics are beyond what ordinary ethics describes. Business ethics works with appropriate business policies and practices which encourage potential controversy. In this question, Henry worries about the manufacturing process, which emits enormous carbon-dioxide. He wants to upgrade the machine to reduce the emission as well as become echo-friendly. Therefore, he is in between an ethical decision whether to take action or not to take action. So, he is analyzing, "Whether it be ethical not to take action?"

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3 years ago
Daphne contracts with speedy builders inc. To construct a six-foot fence around her yard. Daphne’s neighbor rando is delighted b
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If previously there was a letter of agreement, then Daphne can sue the builder quickly for violating the agreement. but if there is no written agreement then Daphne cannot sue the builder quickly.

An employment agreement or work contract is an agreement made by a worker with a company which is carried out orally or in writing. Usually, the employment contract is valid for a certain time or an indefinite time. The things discussed in it are, terms of work, rights and obligations.

  • A valid employment contract must meet the following criteria and requirements.
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  • Work Implementation Information
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  • Must be in accordance with the Law

You can learn more about employment agreement here brainly.com/question/28387425

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6 0
1 year ago
_____ gives the property owner an allowance for the decline in the physical condition of real estate over time.
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Depreciation gives the property owner an allowance for the decline in the physical condition of real estate over time., the actual decline in an asset's fair value, such as the annual decline in value of factory equipment due to use and wear, and second, the allocation in accounting statements of the asset's original cost to periods during which the asset is used.

Depreciation in accounting refers to two different aspects of the same idea: first Depreciation is the process of reallocating, or "writing down," the cost of a tangible item (such as equipment) over the course of that asset's useful life.

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6 0
2 years ago
George owns a pizzeria in Queens, and he buys his cheese and dough and sauce from SYSCO. This firm provides its customers with t
alexandr1967 [171]

Answer:

Trade credit

Explanation:

Trade credit occurs between traders where a trader allows another to purchase goods without paying for them immediately.

It is the cheapest form of short term financing.

This is a form of business to business agreement where payment is set at a later date of 30 days, 90 days or 60 days.

The transaction is recorded by using invoice.

Usually it is a zero percent short term finance. The amount of the good at time of purchase is what is paid at the sure date.

There is no extra payment made by the buyer as interest on the amount agreed.

5 0
3 years ago
Q Co. prepares monthly income statements. A physical inventory is taken only at year end; hence, month-end inventories must be e
Dmitriy789 [7]

Answer:

$14,000

Explanation:

Sale made = Accounts Receivable on 30 June + Collections of accounts - Accounts Receivable on 1 June

= $15,000 + $25,000 - $10,000

= $30,000

Cost of goods sold = Sales made ÷ rate of mark-up on cost

= $30,000 ÷ 150% × 100%

= $20,000

Estimated cost of the June 30 inventory = Inventory Balance on June 1 +  Purchases made during June -  Cost of goods sold

= $18,000 + $16,000 - $20,000

= $34,000 - $20,000

= $14,000

5 0
3 years ago
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