1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
german
3 years ago
5

e Department of Traffic Security of a city is considering the purchase of a new drone for aerial surveillance of traffic on its

most congested streets. A similar purchase 4 years ago cost $950,000. At an interest rate of 7% per year, what is the equivalent value today of the previous $950,000 expenditure?
Business
1 answer:
maks197457 [2]3 years ago
3 0

Answer:

The equivalent value of the expenditure today is = $1,245,256.21

Explanation:

The equivalent today of the 950,000 would be the future value compounded at 7% per year.

FV =  PV × (1+r)^n

FV - ?, PV - value 4 years ago, n- number of years, r- rate of return

PV - 950,000, n- 4, r-7%

FV = 950,000 ×(1.07^4)=  1,245,256.21  

The equivalent value of the expenditure today is = $1,245,256.21

You might be interested in
What is the verb in this sentence grandma served us hot pancakes in the morning
icang [17]

served is the verb. A verb is a action, the action here is served

5 0
2 years ago
How can using the Pen tool improve the quality of your presentation?
katrin [286]

It makes graphs look better if you need a curved line, if someone wants to point something out they dont have to actual draw on the persons graph they can just use the electronic version, if you need to shade something in that you cant do while its straight on the screen, there are lots of things that a pen can be used for.

3 0
3 years ago
Explain the difference between direct and indirect strategy when writing reports​
nika2105 [10]

Answer:

A direct report is an employee who formally reports to you. This generally means that you are directly responsible for assigning them work and managing their performance. An indirect report are the employees who report to your direct reports and their subordinates.

plz give brainliest to help you with further questions :'D

3 0
3 years ago
Read 2 more answers
If John made $23,562.55 in wages, and $2,679.32 cents in tips, what amount should he enter for his income when filling out his 1
Harrizon [31]

Answer:

Explanation:

$26,241.67

8 0
2 years ago
Read 2 more answers
The increase in unemployment that occurs during recessions and depressions is called Group of answer choices normal unemployment
belka [17]

Answer:

cyclical unemployment.

Explanation:

Unemployment rate refers to the percentage of the total labor force in an economy, who are unemployed but seeking to be gainfully employed. The unemployment rate is divided into various types, these include;

I. Cyclical unemployment rate (CU).

II. Frictional unemployment rate (FU).

III. Structural unemployment rate (SU).

IV. Actual unemployment rate (AU).

V. Natural Rate of Unemployment (NU).

A cyclical unemployment can be defined as a type of unemployment which is typically related to changes in the business, economy or industry cycle such as recession, governmental policies etc.

Mathematically, cyclical unemployment rate can be calculated using the formula;

Cyclical \; unemployment \; rate \;  (CU) = Actual \; unemployment \; rate \; (AU) - Natural \;unemployment \; rate \; (NU)

Hence, the increase in unemployment that occurs during recessions and depressions is called cyclical unemployment

7 0
3 years ago
Other questions:
  • 18. Callon Industries has projected sales of 67,000 machines for 2012. The estimated January 1, 2012, inventory is 6,000 units,
    12·1 answer
  • Which of the following statements is FALSE? Global bonds combine the features of domestic, foreign, and Eurobonds, and are offer
    13·1 answer
  • A P30,000, 10% bond with quarterly coupons is redeemed at 98% at the end of 15 years. Find the redemption value. (Note: Don't us
    13·1 answer
  • A company with a WACC of 8.5% is considering two possible investments. Project A will return 10% and be financed using equity co
    12·1 answer
  • Papa Roach Exterminators, Inc., has sales of $659,000, costs of $345,000, depreciation expense of $45,000, interest expense of $
    14·1 answer
  • "Establishes a commitment to the goal" Which goal-setting step is described by this sentence?
    11·2 answers
  • An entrepreneur can best be characterized as someone who
    7·2 answers
  • What are the most important facts that support Lambert's Position that a contract existed?
    10·1 answer
  • Morgan needs to hire someone to help implement a business intelligence system for her company. what type of professional would b
    11·1 answer
  • The risk encountered by a firm of classifying a production process as ""out of control"" when it is truly in control is often ca
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!