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kherson [118]
3 years ago
5

Determine the future value of $19,000 under each of the following sets of assumptions (FV of $1, PV of $1, FVA of $1, PVA of $1,

FVAD of $1 and PVAD of $1) (Use appropriate factor(s) from the tables provided. Round your final answers to nearest whole dollar amount.)
Business
1 answer:
zubka84 [21]3 years ago
5 0

Answer and Explanation:

The computation of the future value in the following situations:

As we know that

Future value = Present value × (1 + rate of interest)^number of years

1. For semiannually

= $19,000 × (1 + 0.10 ÷ 2 )^8 × 2

= $19,000 × (1.05)^16

= $19,000 × 2.1829

= $41,475

2. For quartely

= $19,000 × (1 + 0.12 ÷ 4 )^2 × 2

= $19,000 × (1.03)^4

= $19,000 × 1.2268

= $23,309

3. For monthly

= $19,000 × (1 + 0.36 ÷ 12 )^15

= $19,000 × (1.03)^15

= $29,602

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Answer:

Three things:

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Explanation:

The preservation process is aimed at reducing the rate of spoilage of food products over time.

When adequately processed a time can be given during which the food product is still not spoilt. For example 1 year from date of canning. After this period there is a high possibility of food spoilage.

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castortr0y [4]

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The amount that Vint and Gracie can claim for 2020 lifetime learning credit is <em>D. $600</em>.

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