Answer:
$993.08
Explanation:
the market interest is 2.875% semiannual, that is why Q bonds are sold at par. To determine the value of P bonds we must add the present value of the face value and the coupon payments:
the effective interest rate = (1 + 5.75%/2)² - 1 = 5.83%
PV of face value = $1,000 / (1 + 5.83%)¹² = $1,000 / 1.974405523 = $506.48
PV of coupon payments = $57.50 x 8.46254 (PV annuity factor, 5.83%, 112 periods) = $486.60
market price = $993.08
Logical view focuses on how individual users logically access information to meet their own particular business needs.
Answer: $7,000
Explanation:
From the question, we are informed that IP Company has a preliminary cash balance of $25,000 and an agreement with the bank that it will keep a minimum balance of $20,000 and that IP Company has a beginning loan balance of $12,000.
The ending loan balance will be:
= $20,000 + $12,000 - $25,000
= $32,000 - $25,000
= $7,000
<span><span><span>Debt-to-equity ratio is:
a. calculated by dividing total liabilities by net worth.
b. calculated by dividing monthly debt payments by net monthly income.
c. determined by dividing your assets by liabilities.
d. rarely used by creditors in determining credit worthiness.</span><span><span>Ask for details </span> <span>Follow </span> Report</span> <span>by <span>Harks1m5eroalendaali </span>1 minute ago</span></span>Answers<span>PaperAxe2 </span>· Beginner<span>Know the answer? Add it here! </span></span><span>PaperAxe2<span>Rank: </span>Beginner<span>24/100</span>My challengesAnswer 5 questions from any subject in 48 hours to collect 50 points4/51d : 23hChallenges to completeAnswer 10 questions from any subject in 48 hours to collect 100 points0/102d : 00hSTARTYou may attempt only one challenge at a time.Answer 25 questions from any subject in 48 hours to collect 400 points0/252d : 00hSTARTYou may attempt only one challenge at a time.Answer 5 English questions in 48 hours to collect 50 points0/52d : 00hSTARTYou may attempt only one challenge at a time.Answer 10 English questions in 48 hours to collect 100 points0/102d : 00hSTARTYou may attempt only one challenge at a time.Answer 25 English questions in 48 hours to collect 400 points0/252d : 00hSTARTYou may attempt only one challenge at a time.Answer 5 Mathematics questions in 48 hours to collect 50 points0/52d : 00hSTARTYou may attempt only one challenge at a time.Answer 10 Mathematics questions in 48 hours to collect 100 points0/102d : 00hSTARTYou may attempt only one challenge at a time.Answer 25 Mathematics questions in 48 hours to collect 400 points0/252d : 00hSTARTYou may attempt only one challenge at a time.Answer 5 Social Studies questions in 48 hours to collect 50 points0/52d : 00hSTARTYou may attempt only one challenge at a time.Answer 10 Social Studies questions in 48 hours to collect 100 points0/102d : 00hSTARTYou may attempt only one challenge at a time.Answer 25 Social Studies questions in 48 hours to collect 400 points0/252d : 00hSTARTYou may attempt only one challenge at a time.Answer 5 History questions in 48 hours to collect 50 points0/52d : 00hSTARTYou may attempt only one challenge at a time.Answer 10 History questions in 48 hours to collect 100 points0/102d : 00hSTARTYou may attempt only one challenge at a time.Answer 25 History questions in 48 hours to collect 400 points0/252d : 00hSTARTYou may attempt only one challenge at a time.What do you need to know?ASK YOUR QUESTIONNew - Business<span><span><span>Business </span> <span>5 pts </span> just now</span>Dividends are part of the return you receive on your investment when you buy stock. true falseANSWER</span><span><span><span>Business </span> <span>5 pts </span> 45 seconds ago</span>Define the business cycle.ANSWER</span><span><span><span>Business </span> <span>5 pts </span> 1 minute ago</span>Debt-to-equity ratio is: a. calculated by dividing total liabilities by net worth. b. calculated by dividing monthly debt payments by net monthly income. c. determined by dividing your...ANSWER</span><span><span><span>Business </span> <span>5 pts </span> 2 minutes ago</span>Credit can lead to financial difficulties if used unwisely. true or false.</span><span><span><span>Business </span> <span>5 pts </span> 5 minutes ago</span>Buyers and sellers come together to trade ……...specific hours on business days. once never during afterANSWER</span><span><span><span>Business </span> <span>11 pts </span> 7 minutes ago</span>Hi hows everyone doing i am new here</span><span><span><span>Business </span> <span>5 pts </span> 57 minutes ago</span>Your manager has asked you to draft a proposal for improving the management of human resources in your company. describe 4-5 ideas for improvement. select the best idea from those described. what...ANSWER</span><span><span>Business </span> <span>5 pts </span> <span>57 minutes ago</span></span></span>
Answer:
Annual deposit= $26,344.36
Explanation:
Giving the following information:
The interest rate is 7 percent per year.
He wants to have enough money to provide him with $3,000 of monthly income for 30 years. To date, he has saved nothing, but he still has 20 years until he retires.
First, we need to calculate the total amount of money required:
Final value= 3,000* (30*12)= $1,080,000
Now, we can calculate the annual deposit:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
Isolating A:
A= (FV*i)/{[(1+i)^n]-1}
FV= 1,080,000
i= 0.07
n= 20
A= (1,080,000*0.07) / [(1.07^20) - 1]= $26,344.36
