Answer:
$841
Explanation:
Let the amount of deposit you need to fund each month is a
n= 30 years = 30 x 12 = 360 months
The amount of money you desire to have in 30 years (FV) = $1,980,000
i/r = 10.19%/year = 0.849%/month
Based on these given information, you can either choose to:
1) Solve the following equation:
a x 1.00849^360 + a x 1.00849 ^359 + a x 1.00849^358 + ... + a x 1.00849^1 + a = $1,980,000
2) Input given information into excel/financial calculator:
n = 360
FV = $1,980,000
i/r = 0.849
PV = 0
Find PMT (a). PMT (a) = $841
Answer:
The amount of cash and cash Equivalents reported on December 31, 2017.
$8,698,231
Explanation:
Please consider the data provided by the exercise. If you have any question please write me back. All the exercises are solved in a single sheet with the formulas indications.
Answer: Acquisitional Shopping
Explanation:
Acquisitional Shopping: At the point when a consumer base their purchasing exercises on a particular expectation or reason, the person is encountering Acquisitonal shopping. But in this kind of shopping action mostly emphasize utilitarian value of the item. Sometimes this sort of shopping cannot be entirely enjoyable in light of the fact that the purchaser may think it is more as a task, for example purchasing printer ink, topping off the gas, grab some groceries.
Answer: A. help you understand the potential and the limitations of information technology
Explanation: Helping you understand some, if not all of the potential and limitations of information technology is among the usefulness of technical skills which are skills, abilities, knowledge or expertise that are needed to perform complex tasks, processes or actions that are computational, mechanical, scientific or relating to information technology. Examples include the knowledge of programming languages, mechanical tools, design programs etc.
Answer:
The correct answer is d. net income will be understated.
Explanation:
The accumulated or accrued income will be represented by those that have been earned during a financial year but that have not been received or recorded in the payment, because the term has not yet expired. If they are not recognized within the accounting year, it is said that the income item is being underestimated, and for that reason the information in the financial statements is not being faithfully represented.
