Answer:
$271.97
Explanation:
For this question we use the PMT i.e monthly payment that is presented on the attached spreadsheet. Kindly find it below:
Data provided in the question
Given that,
Present value = $30,000
Future value = $0
Rate of interest = 4.70% ÷ 12 months = 0.391666%
NPER = 10 years × 12 months = 120 months
The formula is shown below:
= PMT(Rate;NPER;-PV;FV;type)
The present value come in negative
So, after solving this, the monthly payment is $271.97
The agency that ensures no harmful ingredients or materials are in toys is the EPA.
Answer:
r = 0.235 or 23.5%
Explanation:
Using the CAPM, we can calculate the required/expected rate of return on a stock. This is the minimum return required by the investors to invest in a stock based on its systematic risk, the market's risk premium and the risk free rate.
The formula for required rate of return under CAPM is,
r = rRF + Beta * rpM
Where,
- rRF is the risk free rate
r = 0.06 + 2.5 * 0.07
r = 0.235 or 23.5%
Answer:
Loss= $5,000
Explanation:
Giving the following information:
Selling price= $50,000
Purchase price= $85,000
Accumulated depreciation= $30,000
<u>First, we need to calculate the book value:</u>
Book value= Purchase price - Accumulated depreciation
Book value= 85,000 - 30,000 = $55,000
<u>If the selling price is higher than the book value, the company gain from the sale.</u>
Gain/loss= selling price - book value
Gain/loss= 50,000 - 55,000
Loss= $5,000
Hello there !
Your answer would be A hope this helps
