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laiz [17]
3 years ago
12

A company wants to have $20,000 at the end of a ten-year period by investing a single sum now. How much needs to be invested in

order to have the desired sum in ten years, if the money can be invested at 12%? (Ignore income taxes.)
Business
1 answer:
SSSSS [86.1K]3 years ago
3 0

Answer:

8448.22

Explanation:

We are asked to calculate the present value of 20,000 in ten years.

\frac{amount}{ {(1  + rate)}^{time} }  = present \: value

\frac{20000}{ {(1  + 0.12)}^{10} }  = 8448.22

<em>Resuming: </em>in this kind of problems we are asked for which lump sum becomes a certain amount in a given period of time at an annual rate

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(TCO 2) An object of interest to the end user is
emmasim [6.3K]

An object of interest to the end user is <u>entity</u>.

<u>Explanation:</u>

An entity is a real world object or thing that has an independent existence. Entity is distinguishable from the other objects. The attributes of an entity are the properties of the entity which make the entity distinguishable from the other objects.

The examples of entity are a car, a book or any other product. A set of an entity is known as the entity set. Entity may be an object with physical existence or it may be with a conceptual existence.

6 0
2 years ago
Sandhill Chemicals Company acquires a delivery truck at a cost of $30,800 on January 1, 2022. The truck is expected to have a sa
oksian1 [2.3K]

Answer:

$6,775

Explanation:

The computation of the depreciation expense using the straight line method is shown below:

Straight-line method:

= (Original cost - residual value) ÷ (useful life)

= ($30,800 - $3,700) ÷ (4 years)

= ($27,100) ÷ (4 years)  

= $6,775

In this method, the depreciation is same for all the remaining useful life

Therefore, in the first and second year the same depreciation expense is to be charged i.e $6,775

3 0
2 years ago
Michelle is an active participant in the rental condominium property she owns. During the year, the property generates a ($17,50
julsineya [31]

Answer: $8,000

Explanation:

A special rule allows Michelle to classify up to $25,000 as losses against her nonpassive income.

If Michelle's modified adjusted gross income (MAGI) exceeds $100,000 however, the amount that exceeds the $100,000 will be reduced by 50% and deducted from the exemption allowed.

Loss deduction = Exemption allowed - [(Nonpassive income - MAGI limit) * 50%)

= 25,000 - [ (120,000 + 10,500 + 3,500 - 100,000) * 50%]

= $8,000

5 0
2 years ago
When applying the characteristics of business buyer behavior, which event is not an example?
Anarel [89]

I'm on the same question right now. I wanna say C, <em>Black & Decker sells its power tools directly to consumers on the Internet.</em>

The question asks about business buyer behavior which is pretty much businesses buying and selling to eachother. Lowe's is involved with Whirlpool brand items, Kroger is involved with purchasing items from other businesses/suppliers, and Kellogg is selling their product to other grocery stores (businesses).

Black & Decker isn't involved with any other businesses.

Anyways, I'd say C :)

EDIT: it is C, 100%. Just finished

5 0
3 years ago
Read 2 more answers
Describe the agencies that ensure properties abide by regulations.
Lady bird [3.3K]

The agencies that ensure properties abide by regulations are known as regulatory agencies.

<h3>What are regulatory agencies?</h3>

It should be noted that regulatory agencies are the independent governmental agencies that are established in order to set standards in a specific field.

In this case, the agencies that ensure properties abide by regulations are known as regulatory agencies.

Learn more about regulatory agency on:

brainly.com/question/1203326

#SPJ1

5 0
1 year ago
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