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Zepler [3.9K]
3 years ago
11

1- You deposit $200 today, another $200 a year from now, and an additional $400 three years from now. If the interest rate is 5%

, what is the value of your investment in 5 years
Business
1 answer:
MissTica3 years ago
8 0

Answer:

939.36

Explanation:

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Mrs. Brown is a lawyer, specialized in common-law and she
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Mrs. Brown has to follow the provincial law regime.

<u>Explanation:</u>

  • The basic difference between federal and provincial law is that federal law or the federal government enacts laws and legislation for all the state of the country while provincial laws are those laws that are for the specific province or state. Furthermore, the Federal government has the authority to enact criminal laws and enactments while the provincial law has got no such authority.
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7 0
4 years ago
Which of the following fees would likely by the highest
katrin2010 [14]
Please state these fees please?
6 0
3 years ago
N the knowledge economy, if a large portion of company value is in intellectual and human assets, the difference between the mar
Stells [14]

It will be expected that the difference between a company's market value and book value should <u>be larger than</u> a company with mostly physical and financial assets if the large portion of company value is in intellectual and human assets.

<h3>What is an intellectual/human assets?</h3>

These are asset possessed by a firm that ranges from human capital, information capital, brand awareness, instructional capital etc.

These are assets that can be improved when a firm hires better employees, conduct training programs, develops new patents etc

In conclusion, since the large portion of company value is in intellectual and human assets, then, the market/book value would be larger than a company with mostly physical/financial assets.

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7 0
3 years ago
To help you reach a $5,000 goal in five years from now, your father offers to give you $500 now. You plan to get a part-time job
elena55 [62]

Answer:

He needs to deposit each year $747.38

Explanation:

Giving the following information:

To help you reach a $5,000 goal in five years from now, your father offers to give you $500 now. You plan to get a part-time job and make five additional deposits, one at the end of each year for 5 years. Your first deposit will be made at the end of the first year. The money is deposited in a bank that pays 7% interest.

First, we need to calculate the final value of the first $500 that the father gave him:

FV= PV*(1+i)^n

FV= 500*(1.07)^5=

FV= 701.28

Now, we have to calculate the annual deposit required:

Difference= 5,000 - 701.28= 4,298.72

We need to use the following formula:

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

A= annual deposit

Isolating A:

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

A= (4,298.72*0.07)/[(1.07^5)-1]

A= $747.38

7 0
3 years ago
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