Answer:
total amount deposit at end of every 6 month is $445.37
Explanation:
Future value required= 4000
Total 6 months Period in 4 years (n) = 4*2 = 8
Interest rate 6.56% or 0.656 compounded Semiannual
semiannual interest rate (r) =0.0656/2= 0.0328
Future value of annuity formula = P *{ (1+r)^n - 1 } / r
4000 = P*(((1+0.0328)^8)-1)/0.0328
4000= P* 8.98
P = $ 445.37
total amount deposit at end of every 6 month is $445.37
After salesperson Danny O'Reilly has made a sale, he asks his customer if she knows of anyone else who might also be interested in buying his products. Referrals such as these are one method used in Projecting. This is further explained below.
<h3>What is
Projecting?</h3>
Generally, A sales forecast is an estimate of how much money a firm intends to make in the future. Essentially, it's the same thing as predicting how much money will be made in the future.
In conclusion, Immediately after Danny O'Reilly closes a deal, he asks his consumer whether she knows anybody else who would be interested in purchasing his wares as well. Using references like this is a common technique in Projecting.
Read more about Projecting
brainly.com/question/13851386
#SPJ1
Answer: See explanation
Explanation:
The budget for the Street Improvement Bond Debt Service Fund for year 2017 will be:
Debit: Estimated other financing sources - Premium on bonds = $42000
Debit: Estimated other financing sources - Transfer in - $10000
Debit: Estimated Revenue - Accrued Interest on bonds sold = $28000
Credit: Appropriation = $40000
Credit: Budgetary funds balance = $40000
Consider the equation.
4(pr + 1) = 64
The value of x in terms of p is
The value of x when p is -5 is
Approximately seven years
