Answer:
5. 11.1%
Explanation:
the options for this question are missing:
- 5%
- 7.8%
- 10%
- 10.5%
- 11.1%
I prepared the following equation:
$100,000 = $45,000(1 + i)³ + x(1 + i)⁵
There is something that we must remember about zero coupon bonds, and that is that they are sold in thousands. This equation is complex, but there is an easier way to solve it. We can plug in the options to determine which % will result in a possible answer.
The answer is 11.1%, since the other options resulted in numbers which are not even close to a thousand.
$100,000 = $45,000(1.111)³ + x(1.111)⁵
$100,000 = $61,709.88 + 1.2763x
$38,290.12 = 1.2763x
x = $38,290.12 / 1.2763 = $30,000
Answer:
$2,450 is received as payment in full on July 24
Explanation:
Terms 2/10, n/30 means that there is a discount of 2% available if the payment is made within 10 days of sale with credit period of 30 days. Discount will only be given on the amount of payment which will be net of sales and return.
Credit Sale = $2,700
Sale Return = $200
Net Receivable = $2,700 - $200 = $2,500
Payment is made within the discount period, so the the discount will be availed on the due amount.
Discount = 2,500 x 2% = 50
Payment Receipt = $2,500 - $50 = $2,450
Depending on how long you leave the money in the account we are learning this subject now. if you leave it in there years it builds up on its on you don't have to touch it if u need to then its on you but more money can plié into your account its not a bad thing hope this helps.
Answer:
The answer is letter A.
Explanation:
The average cost of production will increase. Because a monopoly firm is firm that operates in a monopoly market. Monopoly market is a market structure that has only one firm in the market and many buyers.
Answer:
budget sales per season
Seaon Year 5
winter 1,473
spring 1,934
summer 2,267
fall 826
Explanation:
First, we calcualte the average per season:
Seaon Year 1 Year 2 Year 3 Year 4 Average per season
winter 1440 1240 1000 920.00 1,150.00
spring 1500 1440 1600 1,500.00 1,510.00
summer 1040 2140 2000 1900 1,770.00
fall 600 770 690 520 645.00
Now, we cross multiply to get the next year values
Seaon Average per season Year 5
winter 1,150.00 1,472.91 (1150/5075 x 6500)
spring 1,510.00 1,933.99
summer 1,770.00 2,267.00
fall 645.00 826.11
5,075.00 6,500.00
