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KengaRu [80]
3 years ago
6

In eight years, when he is discharged from the Air Force, Steve wants to buy a $30,000 power boat. Click here to view Exhibit 12

B-1 and Exhibit 12B-2, to determine the appropriate discount factor(s) using tables. Required: What lump-sum amount must Steve invest now to have the $30,000 at the end of eight years if he can invest money at:
Business
1 answer:
IceJOKER [234]3 years ago
8 0

Answer:

The correct answer is:

(1) $15,054

(2) $12,990

Explanation:

The required table is not given in the question. Please find below the attachment of the table.

Given:

Future value,

= $30,000

If discounting rate is 9%, the present value will be:

= Future \ value\times PV \ factor(9 \ percent, 8 \ years)

= 30000\times (\frac{1}{1.09} )^8

= 30000\times 0.5018

= 15,054 ($)

If discounting rate is 11%, the present value will be:

= Future \ value\times PV \ factor(11 \ percent, 8 \ years)

= 30000\times (\frac{1}{1.11} )^6

= 30000\times 0.433

= 12,990 ($)

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Raymond Chandler wrote classic American detective stories. By always using certain roles for his characters and props that were
OleMash [197]

Answer:

Cultural formula

Explanation:

Cultural formula can be described as a situation there is tend to a consistent occurrence of certain roles and props in a series of media events.

Cultural formula can be employed in a novel through the use of certain roles for characters and props that go along with the genre.

Therefore, Chandler's novels followed a cultural formula.

8 0
4 years ago
________ is a field of study that investigates the impact that individuals, groups, and structure have on behavior within organi
Mice21 [21]

Answer:

The answer is a. Organizational behavior

Explanation:

Organizational behavior simply put, is the academic study of how a group of people act within an organization. The results are then utilized to make the organization operate more effectively.

Organizational behavior studies can cover areas such as job performance, job satisfaction, innovations, and leadership within an organization. The goal is simply to see how these areas can be improved, which will then lead to organizational growth.

Organizational behavior is therefore proactive in nature and serves to improve the situations for a person, group of persons, or organization.  

7 0
3 years ago
An office building is expected to create operating cash flows of $30,500 a year for three years, based on tenants' rental income
Tasya [4]

Answer:

The net present value of this project is $5,809.78.

Explanation:

Note: See the attached excel file for the calculation of net present value of this project.

In the attached excel file, the discounting factor is calculated as follows:

Discounting factor = 1 / (100% + required rate of return)^n

Where n is a particular year in focus.

From the attached excel file, we have:

Net present value = $5,809.78

Therefore, the net present value of this project is $5,809.78.

Download xlsx
5 0
3 years ago
"i don't like to call it killing; i prefer to call it ‘enemy processing'" is an example of
klio [65]
Is this a question or what is this.
7 0
4 years ago
Quartz Instruments had Retained Earnings of $150,000 at December 31, 2018. Net income for 2019 was $95,000, and dividends for 20
Svet_ta [14]

Answer:

The answer is B. $210,000

Explanation:

Retained Earnings is the part of profit that is not spent. It is put back into the business after the dividend must have been paid from profit for the year.

Ending retained earnings = beginning Retained Earnings plus net income minus dividend

Beginning Retained Earnings is $150,000

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Dividend is $35,000

Therefore amount of Retained Earnings at December 31, 2019 is

$150,000+$95,000-$35,000

=$210,000

8 0
3 years ago
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