Answer:
FV= $94,108.42
Explanation:
<u>First, we need to calculate the future value of the 12 annual deposits:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {3,500*[(1.06^12) - 1]} / 0.06
FV= $59,044.79
<u>Now, the future value at the end of the 20 years (8 years more):</u>
FV= PV*(1 + i)^n
FV= 59,044.79*(1.06^8)
FV= $94,108.42
Answer:
True
Explanation:
Debt certificate is a written agreement of purchasing a bond from a private company or government, it gives information regarding the maturity date, face value and principal amount. They are normally issued to consumers and business, but investors can also buy bonds or debt certificate by buying the right to loans and mortgages, it allows them to buy debt certificates.
Answer:
50%
Explanation:
Sales at strong state = 2 million
Sales in Recession = 1 million
% Decline =
*100 = 50%
Answer:
The answer is "Option A"
Explanation:
The given statement is true because it uses the transaction price method. In this process, the amount of evaluation for the company entity continues to earn for the client to convert products or services.
Its quantity may also be fixed, changeable, or coupled, and the price of the payment shall be allocated to its fair value recognized throughout the contract, that's why in this question two gaming system includes with a 1-year free subscription in $400, and the organizations should make the gaming system $192.31 of a $400 bundle sales price.
You own $2,000 of city steel stock that has a beta of 2. 5. you also own $8,000 of rent-n-co (beta = 1. 9) and $4,000 of lincoln corporation (beta = 0. 25). 1.51 is the beta of your portfolio?
Portfolio beta = Weighted Average beta of stocks
Portfolio beta = [2,000(2.5) + 8,000(1.9) + 4,000(0.25)]/14,000
Portfolio beta = 1.51.
Lincoln corporation announced last year that it will cease manufacturing the Continental and MKZ at the end of 2020. The rest of the 2020 models can be purchased new. When those are gone, Lincoln will be left with an all-SUV lineup.
Learn more about the lincoln corporation at
brainly.com/question/17134526
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