Answer:
PV= $22,677.03
Explanation:
Giving the following formula:
Number of periods (n)= 9 years
Annual payment (A)= $3,800
Discount rate (i)= 12%
<u>First, we will calculate the future value of the payments using the following formula:</u>
FV= {A*[(1+i)^n-1]}/i + {[A*(1+i)^n]-A}
FV= {3,800*[(1.12^9) - 1]} / 0.12 + {[3,800*(1.12^9)] - 3,800}
FV= 56,147.49 + 6,737.7
FV= $62,885.19
<u>Now, the present value:</u>
PV= FV / (1 + i)^n
PV= 62,885.19 / (1.12^9)
PV= $22,677.03
Answer:SBA Loans for Restaurants. ...
Restaurant Equipment Financing. ...
(Unsecured or Secured) Business Lines of Credit. ...
Unsecured Restaurant Business Loans. ...
Restaurant Cash Advances.
Explanation:
Answer:
Option (A) is correct.
Explanation:
Given that,
Units sold = 6,000 units
Sales = $565,000
Selling and administrative expenses = $67,000
Operating income:
= Sales - Cost of Goods Sold - Selling and administrative expenses
= $565,000 - ($305,000 + $14,000 + $43,000 - $42,000) - $67,000
= $565,000 - $320,000 - $67,000
= $178,000
Therefore, the operating income for the year is $178,000.
Answer:
Congruent triangles has the two angles of one of their sides equal
This means if a triangle side has angles of 30 and 60 degrees the other triangle also has 30 and 60 degrees.
An isoceles triangle will have 2 angles of the same degree. Thus, If triangle A is isoceles then, two angles add up to make the third equal to one these two.
We should remember that angles inside a triangle always add up to 180ª
2a +b = 180
a + b = 180 - a
if the other triangle has 2 angles mathing the isoceles triangle, then it is also an isoceles.
Uploaded an image of an isoceles triangle to understand better.
Explanation: