Answer:
P V = 1669,5
Explanation:
After seven years, future payment will be 9800$ and from there on we will have 23 annual payments more:
P V = 9800/(1+0.08)^23 = 9800/5,87 = 1669,5
Answer:
planning publicity strategies and campaigns. writing and producing presentations and press releases. dealing with enquiries from the public, the press, and related organisations. organising and attending promotional events such as press conferences, open days, exhibitions, tours and visit.
Based on the information given his after-tax savings rate of return is 5.62%.
<h3>After-tax saving rate of return</h3>
Using this formula
After-tax savings rate=Saving rate of return×(1-Tax rate)
Where:
Saving rate of return=7.2%
Tax rate=22%
Let plug in the formula
After-tax savings rate=0.072×0.78
After-tax savings rate=0.05616×100
After-tax savings rate=5.62% (Approximately)
Inconclusion his after-tax savings rate of return is 5.62%.
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Answer:
$3,000 credit
Explanation:
Given the followin currency exchange rates for 1 rand are as follows:
January 1 $0.25 = 1 rand
Average for the year 0.28 = 1
December 31 0.31 = 1
Net income conversion Investment using January 1 rate = 50,000 rand × $0.25 = $12,500
Net income conversion Investment using December 31 rate = 50,000 rand × $0.31 = $15,500
Credit (Debit) = $15,500 - $12,500 =$3,000
Therefore, the translation adjustment that Yang will report at the end of the current year is $3,000 credit since the difference is positive.