Answer:
Annual deposit= $37,714.37
Explanation:
Giving the following information:
The villa costs $500,000 today, and housing prices in Mexico are expected to increase by 6% per year. Manny and Irene want to make fifteen equal annual payments into an account, starting today, so there will be enough money to purchase the villa in fifteen years.
The account earns 10% per year.
First, we need to calculate the final value of the house with the following formula.
FV= PV*(1+i)^n
FV= 500,000*(1.06^15)=$1,198,279.1
Now, we can calculate the annual payments required:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
A= (1,198,279.1*0.10)/[(1.10^15)-1]
A= $37,714.37
Answer:
From the given information, we can infer that Lorenzo has decided to give Maya a warning.
Explanation:
The warning is the statement which indicates any unpleasant situation which may arise if not taken any precaution. Although it is unpleasant to hear and to contemplate, it gives sufficient time for any situation to be covered up within the time. In the above case, Lorenzo decided to warn Maya about her activity. By doing this he would be able to draw Maya's attention towards her behavior.
Answer:
Total mark up= 45%
Explanation:
Giving the following information:
An entry light has a total cost of $180 per unit, of which $100 is product cost and $80 is selling and administrative expenses. Also, the total cost of $180 is made up of $110 variable cost and $70 fixed cost. The desired profit is $45 per unit.
If $100 is the product cost, and $45 is the desired mark up:
100=100%
45= ? = (45/100)= 0.45= 45%
Answer:
It would not help to compare the U.S. federal budget this year to previous years.
Explanation:
a) Data and Calculations:
Proposed cut in USAID for the upcoming fiscal year of 2019 = 33%
USAID spending in 2019 = $16.8 billion
This would have been $16.8 billion/67% = $25.07 without the proposed cut.
Ratio of actual 2019 USAID spending to the 2019 budget = $16.8 billion/$4.4 trillion = 0.038 or 4%
b) Comparing the U.S. federal budget this year to previous years' is not relevant to the issue of foreign aid spending. Instead, the comparison should concentrate on issues connected to foreign aid.
