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Zielflug [23.3K]
3 years ago
13

Robert and Linda Williams plan to invest $11,000 a year in an educational IRA for their granddaughter, Sloane Martin. They will

make these deposits on January 2nd of each year. Robert and Linda feel they can safely earn 6%. How much will be in this account on December 31 of the 18th year?
Business
1 answer:
dusya [7]3 years ago
6 0

Answer:

FV= $339,962.18

Explanation:

Giving the following information:

Annual investment (A)= $11,000

Number of periods (n)= 18 years

Interest rate (i)= 6%

<u>To calculate the future value (FV) after 18 years, we need to use the following formula:</u>

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

A= annual deposit

FV= {11,000*[(1.06^18) - 1]} / 0.06

FV= $339,962.18

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6 0
4 years ago
Fernando teve uma ideia genial, conseguiu transformá-la em uma oportunidade de negócio e agora está querendo montar um empreendi
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Answer:  

I. Capital Próprio

Explanation:

Considerando que Basílio seja Fernando e ele tenha dinheiro para investir na empresa (não é dito se ele precisa arrecadar o capital de fora ou não), a melhor opção seria capital próprio, onde ele teria completo controle sobre a empresa e qualquer decisão gerencial sairá dele e dele apenas. Caso ele não tenha capital para investir, a opção que menos deixa ele dependendo de outra pessoa seria o financiamento bancário, onde as decisões continuam com ele, tendo ele apenas que pagar o financiamento ao banco.

8 0
3 years ago
You have $500,000 available to invest. The risk-free rate as well as your borrowing rate is 8%. The return on the risky portfoli
malfutka [58]

Answer:

d.borrow $375,000

Explanation:

Given that

Amount available to invest = $500,000

Risk free rate = 8%

Return on the risky portfolio = 16%

Now the computation is shown below:

The interest rate should be

Interest amount on borrowings = $375,000 × 8% = $30,000

So, the total amount available to invest is

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= $875,000

Now the total inflow is

= $140,000 - $30,000

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The $140,000 is come from

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7 0
3 years ago
Tharaldson Corporation makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Stan
nexus9112 [7]

Answer:

Variable overhead rate variance  $1,050  unfavorable

Explanation:

<em>Variable overhead rate variance is the difference between the standard variable overhead cost allowed for the actual hours worked  and the actual variable overhead incurred for the period</em>

                                                                                             $

470 hours should have cost (470× $ 5.00)                       2,350          

but did cost                                                                        <u> 3,400 </u>      

Variable overhead rate variance                                    <u> 1050  un</u>favorable

       Variable overhead rate variance  $1,050  unfavorable                

8 0
3 years ago
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