Answer:
Total PV= $522.92
Explanation:
Giving the following information:
First payment= $450 at the end of the 7th year
Second payment= $450 at the end of the 12 year
Interest rate= 6% compounded annually
<u>To calculate the present value, we need to use the following formula on each payment:</u>
PV= FV/(1+i)^n
Cf1= 450/1.06^7= 299.28
Cf2= 450/1.06^12= 223.64
Total PV= $522.92
Answer:
32.59 days
Explanation:
DSO = Average receivables / Sales Revenue X 365
= $56,736 / (2,473,701 - 1,838,207) x 365
= $56,736 / (635,494) x 365
= 32.59 days
The expenditure technique for measuring GDP sums: intake, funding, authorities purchases, and internet exports.
Gross domestic product (GDP) is the overall monetary or marketplace fee of all of the finished items and services produced within a country's borders in a specific time period. As a large measure of standard domestic production, its capabilities as a comprehensive scorecard of a given us of a's monetary health.
One of the maximum common is GDP, which stands for the gross home product. it is regularly noted in newspapers, in television information, and in reports by governments, valuable banks, and the commercial enterprise community. It has emerged as widely used as a reference point for the health of national and international economies.
GDP is measured by way of taking the portions of all items and offerings produced, multiplying them through their fees, and summing the whole. GDP can be measured both with the aid of the sum of what's purchased within the financial system or by what is produced. demand may be divided into the intake, investment, authorities, exports, and imports.
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Answer: True.
Explanation: The quiet period is also known as waiting period, it is a period between a company filing a registration statement with the US Securities and Exchange Commission (SEC) and the time when the SEC declares the statement to be effective. However, the purpose of the "quiet period"a company must observe from the time it files a registration statement with the SEC until after an IPO is complete is to assure that all investors receive the same information.
Answer:
$41,400
Explanation:
Tuition will increase by $500 each year
Year 1 tuition = $17,300
Year 2 tuition = $17,800
Year 3 tuition = $18,300
Year 4 tuition = $18,800
Total = $72,200
Scholarship per year = $5000
Total scholarship for 4 years = 4 * $5000
= $20,000
Earnings per year = $2,700
Total earnings for four years = 4 * $2,700
= $10,800
She plans to take out a loan to cover the remaining tuition costs
Loan = Total tuition - (Total scholarship for 4 years + Total earnings for four years)
= $72,200 - ( $20,000 + $10,800)
= 72,200 - (30,800)
= 72,200 - 30,800
= 41,400
Loan = $41,400
Michelle need to borrow $41,400