Answer:
$307,382.82
Explanation:
current age = 65 years
Requires $20,000 at the beginning of the year for the next 35 years.
interest rate = 6%
So, initial investment = PV of all the inflows
= $20,000+ 20,000×PV×( 6%, 35% years)
=$20,000+ 20,000×14.3681
= $20,000+ 287,362.82= $307,382.82
So, he must invest $307,382.82 to get $20,000 every year.
Answer:
the price of the stock today is $46
Explanation:
The computation of the price of the stock today is shown below;
= Expected dividend ÷ (required rate of return - growth rate)
= $2.3 ÷ (10.6% - 5.6%)
= $2.3 ÷ 0.05
= $46
hence, the price of the stock today is $46
We simply applied the above formula so that the correct value could come
And, the same is to be considered
Answer:
The company will make monthly payments of $299.71 for three years.
This means a total payments of $10,789.60 after the 36th month with an interest charge of $164.60.
Explanation:
a) Data and Calculations:
Cost of new machine = $12,500
Down Payment 15% = 1,875
Amount financed through a credit union = $10,625
Interest rate charged by the credit union = 1% per year compounded monthly.
From an online finance calculator:
Monthly Payment = $299.71
Sum of all periodic payments = $10,789.60
Total Interest = $164.60
Answer:
$2,171,762
Explanation:
since there is not enough room here I used an excel spreadsheet
Answer:
It means making an effort to constantly explain your actions, decision-making approach and communication methods and learning to lead in different ways to motivate your team to trust in your abilities as a leader and to follow you. Seeking specialised cultural diversity support?
Explanation:
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and Mark my answer in brainlist
