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baherus [9]
3 years ago
11

Exam early childhood education

Business
1 answer:
Rashid [163]3 years ago
3 0
Idk whats your qwestion
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The relationship between the future value of a single sum and the corresponding present value of a single sum is determined by t
Schach [20]

Answer:

D

Explanation:

interest rate per compounding period​ ; number of compounding periods

5 0
3 years ago
How and Why Can Complexity Theory be Applied by Managers to Implement Strategic Change?
REY [17]

Answer: C

Explanation:

6 0
1 year ago
A company borrowed $15,000 by signing a 120-day promissory note at 10%. The total interest due on the maturity date is: (Use 360
topjm [15]

Answer: $500

Explanation:

Interest for the period = Amount borrowed * Interest rate * 120/360 days

= 15,000 * 10% * 120/360

= $500

7 0
3 years ago
Tatsuo has just been awarded a four-year scholarship to attend the university of his choice. The scholarship will pay $9,000 eac
a_sh-v [17]

Answer:

Value of scholarship today = $30,484.90

Explanation:

The value of the Scholarship is the present value of the annual payment of $9,000 discounted as the annual interest rate of 7% per annum.

This can be computed using the formula below

Present Value = Annual cash flow ×  (1- (1+r)^(-n)/r)

n -number of years, r-interest rate

rate r- 7%, n=4, Annual  cash flow = 9,000

Present Value = 9,000× (1-1.07^-4)/0.07

                      = 9,000× 3.3872

                      = $30,484.90

Value of scholarship today = $30,484.90

4 0
3 years ago
Isabel Lopez from Lewiston, Idaho, who is 19 years old, recently received an inheritance of $54,000 from her grandmother's estat
Zielflug [23.3K]

Answer:

She will have $16,772.59 more in the second investment.

Explanation:

Giving the following information:

Recently she received an inheritance of $54,000 from her grandmother's estate. She plans to use the money for the down payment on a home in ten years when she finishes her education.

We need to use the following formula:

FV= PV*(1+i)^n

First savings account:

FV= 54,000*(1+0.04)^10= $79,933.19

Second investment:

FV= 54,000*(1+0.06)^10= $96,705.78

She will have (96,705.78 - 79,933.19) $16,772.59 more in the second investment.

3 0
3 years ago
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