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nikdorinn [45]
3 years ago
9

An investment offers $6,700 per year for 15 years, with the first payment occurring one year from now. a. If the required return

is 6 percent, what is the value of the investment today
Business
1 answer:
VARVARA [1.3K]3 years ago
8 0

Answer: $65070

Explanation:

Based on the information given in the question, the value of the investment today will be:

= amount × pvaf , 1/(1+ rate )^t

= 6700 × pvaf (1/1+6%) ^15

= 6700 × pvaf (1/1.06)^15

= 6700 × 9.712

= $65070

Therefore, the value of the investment today is $65070

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Answer and explanation:

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Therefore, forgetting to pay debts must be avoided. <em>Setting automated payments is a good measure to avoid such circumstances.</em>

8 0
3 years ago
a company has net sales of $126,000, cost of goods sold of $72,000, operating expenses of $38,000, and other expenses of $3,000.
earnstyle [38]

Answer:

$13,000

Explanation:

Net income= net sales -net expenditure

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net expenses =  $113,000 {COGS + operating exp.+other exp.}

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                    =$13,000

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3 years ago
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According to the goldman sachs video case study on the factory of the future, which one of the following developments was not de
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Learn more about Goldman Sachs here

brainly.com/question/28928820

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3 0
1 year ago
A company's prime costs total $4,800,000 and its conversion costs total $8,800,000. if direct materials are $1,900,000 and facto
garri49 [273]
Prime cost=direct material+direct labor
4800000=1900000+direct labor
Solve for direct labor
Direct labor=4800000-1900000
Direct labor=2900000. ..answer

If you try with the formula of the conversation cost to solve for direct labor, you will get the same answer

The formula of the conversation cost is
CC=direct labor+factory overhead

Hope it helps!
3 0
3 years ago
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