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arlik [135]
3 years ago
13

Your company must make a $500,000 balloon payment on a lease 2 years and 9 months from today. You have been directed to deposit

an amount of money quarterly, beginning today, to provide for the $500,000 payment. The account pays 4% per year, compounded quarterly. What is the required quarterly deposit
Business
1 answer:
Natasha2012 [34]3 years ago
8 0

Answer:

The Required quarterly deposit is $42,196

Explanation:

The computation of the required quarterly deposit is shown below:

P for (now - 1)

= $500,000 (P/F, 1%, 12)

= $500,000 (0.8874)    

= $443,700

A  = Pnow-1 (A/P, 1%, 11)

= $443,700 (0.0951)              

= $42,196

hence, The Required quarterly deposit is $42,196

The same is to be considered as it is relevant

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The three traits an entrepreneur must possess to be successful are _____.
Yanka [14]
Hello,

Here is your answer:

The proper answer to this question is option A "<span>motivation, humility, and decision making". You honestly need motivation, humility, and decision making skills in order to be successful.

Your answer is A.

If you need anymore help feel free to ask me!

Hope this helps!</span>
7 0
3 years ago
Read 2 more answers
Andersen's Nursery has sales of $318,400, costs of $199,400, depreciation expense of $28,600, interest expense of $1,100, and a
podryga [215]

Answer:

e. $42,438

Explanation:

The computation of the retained earning is shown below:

Earning after tax = Sales - cost - depreciation expense - interest expense - income tax expense

= $318,400 - $199,400 - $28,600 - $1,100 - $30362

= $58,938

The income tax expense equal to

= (Sales - cost - depreciation expense - interest expense) × tax rate

= ($318,400 - $199,400 - $28,600 - $1,100) × 0.34

= $30362

Now the retained earning equal to

= Earning after tax - dividend paid

= $58,938 - $16,500

= $42,438

7 0
3 years ago
Jean often accompanies her friends on shopping trips. While shopping, she cannot resist the temptation to buy products on sale a
djverab [1.8K]

Answer:

State orientation

Explanation:

The state orientation is the term which is defined as the inability of the person to regulate the behavior, emotions and thoughts. In short, it means that the individuals or the person unable to modify their state of mind, their uncertainty, dejection, anxiety and confusion.

Under this scenario, Jean who whenever accompany their friends on shopping, she could not able to resist herself from buying the products on sales and spend a lot more than budget, so, it could be concluded that she is state orientated.

7 0
3 years ago
The marketing *blank*
Firlakuza [10]
Cnxnnxnxnx didn’t bend d s and bdjsbsnsnd
3 0
3 years ago
Bill Blackburn is the new mayor of Oceanside, Washington. He discovered that the city-run utility requires a deposit of $50 from
Serjik [45]

Answer:

<em>Theory of justice </em>

Explanation:

A Justice Theory is a 1971 work of John Rawls ' political philosophy and ethics, whereby the writer addresses the problem of distributive justice.

The principle uses a revised sort of Kantian philosophy and a variant form of conventional theory of social contracts.

7 0
3 years ago
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