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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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2 years ago
What is the first account number used in the liabilities division? A. 20 C. 2 B. 21 D. 02
zepelin [54]

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Explanation:

7 0
3 years ago
Part E14 is used by M Corporation to make one of its products. A total of 19,000 units of this part are produced and used every
Gennadij [26K]

Answer: ($24100)

Explanation:

The annual financial advantage (disadvantage) for the company goes thus:

The relevant cost to produce will be:

= ($4.10 × 19,000) + ($8.70 × 19,000) + ($9.20 × 19,000) + ($4.60 × 19,000) + $31,000

= $77900 + $165300 + $174800 + $87400 + $31000

= $536,400

The relevant costs to buy will be:

= 19,000 × $29.5

= $560,500

Since the relevant cost to buy is more than the relevant cost to produce, then the financial disadvantage will be:

= $560500 - $536,400

= $24,100

The answer is ($24,100)

5 0
3 years ago
The heart of the internal records system is the ________ because customers favor firms that can promise timely delivery. A. sale
Brut [27]

Answer:

C. order-to-payment cycle

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I hope you find this information useful and interetsing! Good luck!

3 0
3 years ago
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