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Sidana [21]
3 years ago
9

Which feature prevents a company from uilizing the private assets of its shareholders for the payment of its leabiities?​

Business
1 answer:
-Dominant- [34]3 years ago
3 0

Answer: Limited Liability

Explanation: Business owners' liability for debts is restricted to the amount they put into the business.

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Which savings account will earn you the most money?
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One that earns Daily

Explanation:

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The group responsible for establishing standards that identify material specifications and testing procedures is ____.
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Answer: ASTM International

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6 0
3 years ago
Manny and Irene will be retiring in fifteen years and would like to buy a Mexican villa. The villa costs​ $500,000 today, and ho
ki77a [65]

Answer:

Annual deposit= $37,714.37

Explanation:

Giving the following information:

The villa costs​ $500,000 today, and housing prices in Mexico are expected to increase by​ 6% per year. Manny and Irene want to make fifteen equal annual payments into an​ account, starting​ today, so there will be enough money to purchase the villa in fifteen years.

The account earns​ 10% per​ year.

First, we need to calculate the final value of the house with the following formula.

FV= PV*(1+i)^n

FV= 500,000*(1.06^15)=$1,198,279.1

Now, we can calculate the annual payments required:

FV= {A*[(1+i)^n-1]}/i

A= annual deposit

Isolating A:

A= (FV*i)/{[(1+i)^n]-1}

A= (1,198,279.1*0.10)/[(1.10^15)-1]

A= $37,714.37

6 0
3 years ago
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