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Semenov [28]
3 years ago
8

A company wants to have $60,000 at the beginning of each 6-month period for the next 4 1 2 years. If an annuity is set up for th

is purpose, how much must be invested now if the annuity earns 6.04%, compounded semiannually?
Business
1 answer:
zysi [14]3 years ago
4 0

Answer:

$466,680.

Explanation:

The annual interest rate is 6.04%. It is compounded anually.

The number of periods is 2*4.5=9 semesters.

The interest rate per period is i=0.0604/2=0.0302.

The annuity factor is:

An=\frac{1-(1+i)^{-n}}{i} =\frac{1-(1.0302)^{-9}}{0.0302} =\frac{1-0.7651}{0.0302} \\\\An=\frac{0.2349}{0.0302}= 7.778

Then, the capital that is needed to be invested now to get $60,000 for 4.5 years is:

C=P*An=60,000*7.778=466,680

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Answer:

No options are given, but the most commonly used survey response methods are:

  1. Multiple choice questions = generally easy to code
  2. Rating scale questions = also easy to code, since response scales have a finite number of choices, e.g. 2 true/false, 3 agree/disagree/undecided, 5 very bad/bad/fair/good/excellent
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3 0
3 years ago
list four strategies that individuals, families, businesses, and government apply when making financial decisions.
Agata [3.3K]

While making financial decision one should keep in mind the Cost-benefit analysis, marginal analysis, trade-offs, and opportunity costs.

<h3>What are the strategies for making better fianancial decision?</h3>

The success of your firm will depend on the wiser financial decisions you make, among other things. Financial errors can have devastating repercussions and seriously ruin your business venture. You must be familiar with your company's financial data in order to develop stronger financial decision-making techniques.

1. Consistently Use Reliable Accounts

2. Invest in financial education

3. Regularly compare cash flow forecasts to actuals

4. Ensure That Major Initiatives' Financial Impact Is Always Calculated

5. Have Your Team Participate In Decision-Making

6. Consistently monitor financial performance

Learn more about the Business finance with the help of the given link:

brainly.com/question/10024737

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6 0
2 years ago
which statement was true in the past but is not generally true today? A. the training and education costs for some jobs will pro
-BARSIC- [3]

1 ).which of the following is the term for day-to-day and long-term tasks you are assinged to complete?

Job responsibilities.

2 ). why is career planing important?

It can help you narrow down your options and get the training you need.

3 ). which statement was true in the past, but not generally true today?

Young people tend to go into the job that their parents and grandparents did.

4 ). which of the following statements is accurate?

People with the same job title may perform different duties.

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A realistic assessment of your abilities and interests will help you find an appropriate career.

7 0
4 years ago
6. What do you pay for a twelve-ounce can? What are the real social costs of producing a can of Coke – in terms of water, power
VladimirAG [237]

Answer and Explanation:

To pay for a twelve ounce can it costs between 50 cents to a dollar. The social costs of producing a can coke, in which 9 liters of fresh water is used which effects fresh water supply on earth due to its contamination. The cost of making coke :costs more higher, where it has to maintain its employees, buildings, its road transportation, garbage disposal, and many more. People who are living near the coke plant building pays all these costs, and all people pays a equal part as it is taking from earth.

4 0
3 years ago
On January 15, 2021, Bella Vista Company enters into a contract to build custom equipment for ABC Carpet Company. The contract s
lesya692 [45]

Answer:

recorded on March 31, 2021.

Explanation:

As we know that if there is an accural basis so the revenue is recognized and recorded when it is earned here the receipt of cash is not material for recording the revenue

Since in the given situation, the date of completion of the contract is considered for recording date of revenue as per the accrual basis

So March 31, 2021 should be considered

 

5 0
3 years ago
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