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Mama L [17]
3 years ago
9

You are scheduled to receive $34,000 in two years. When you receive it, you will invest it for 7 more years at 7.5 percent per y

ear. How much will you have in 9 years
Business
1 answer:
hoa [83]3 years ago
3 0

Answer: $65186.16

Explanation:

Since the individual is scheduled to receive $34,000 in two years and will then invest it for 7 more years at 7.5 percent per year. The amount that the person will have in 9 years will be:

FV = PV(1 + rate)^n

where,

PV = present value = $34000

Rate = 7.5% = 0.075

n = number of years = 7

FV = 34000 × (1 + 7.5%)^9

FV = 34000 × (1 + 0.075)^9

FV = 34000 × 1.075^9

FV = 34000 × 1.91724

FV = $65186.16

The amount in 9 years will be $65186.16

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Answer:

the value of imports increasing by more than the value of exports at the time of devaluation.

Explanation:

J-curve effect means the starting depreciation effect based on the balance of trade that should be negative also when the imports and the exports adjusted on the long run with respect to the changes made in the prices so the net effect should be positive

So as per the given situation, the above should be the answer

7 0
3 years ago
A doctor works in a....​
alex41 [277]

Answer:

Clinic or Hospital

Explanation:

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To indicate grouping in access, select _____ as the entry in the total row for the field to be used for grouping
Vinvika [58]
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3 0
3 years ago
Great Western Southern purchased $525,000 of equipment four years ago. The equipment is seven-year MACRS property. The firm is s
tester [92]

Answer: $153,782.70

Explanation:

The MACRS allowance percentages are as follows, commencing with Year 1: 14.29, 24.49, 17.49, 12.49, 8.93, 8.92, 8.93, and 4.46 percent.

In 4 years, the depreciation would be:

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= 525,000 * (14.29% + 24.49% + 17.49% + 12.49%)

= $360,990

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= 525,000 - 360,990

= $164,010

Gain (loss) = Sale price - Book value

= 150,000 - 164,010

= ($14,010)

Tax payable = (14,010) * 27%

= ($3,782.70)

After-tax cash flow:

= Selling price - Taxes

= 150,000 - (-3,782.70)

= $153,782.70

<em>Note: If there are options, beware of rounding errors and pick nearest option. </em>

6 0
3 years ago
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Goryan [66]

Answer:

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Explanation:

8 0
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