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poizon [28]
3 years ago
10

How much money should be deposited today in an account that earns 3 %compounded semiannually so that it will accumulate to $ 13,

000 in three​ years?
Business
1 answer:
Elden [556K]3 years ago
5 0

Answer:

PV= $11,889.05

Explanation:

Giving the following information:

Future Value (FV)= $13,000

Number fo periods (n)= 3*2= 6 semesters

Interest rate (i)= 0.03/2= 0.015

<u>To calculate the initial deposit, we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= 13,000 / (1.015^6)

PV= $11,889.05

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stiv31 [10]

Answer:

customers

Explanation:

they are the one who buys products that factories make

5 0
3 years ago
The class trip is going to cost each of the fifty
Alex

Answer:

$6,825.00

Explanation:

50x$130=$6,500.00

$6,500 × 5% = $325.00

$325.+$6,500=6,825.00

8 0
3 years ago
King enterprises has an Total Asset Turnover ratio of 5.0, Profit margin of 3%, and a ROE equals to 18%. What is the firm's equi
LenaWriter [7]

Answer: 1.2

Explanation:

The DuPont Analysis is a method of calculating the Return on Equity by using various other ratios. It shows the relatiosnhips between variables in a firm and can help the firm know which areas to target to improve ROE.

Using the DuPont Analysis, the Return on Equity is;

ROE = Profit Margin * Asset Turnover * Equity Multiplier

18% = 3% * 5 * Equity Multiplier

18% = 0.15 * Equity Multiplier

Equity Multiplier = 18%/0.15

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5 0
3 years ago
Manu has forecast sales to be $32,000 in February, $41,400 in March, $53,200 in April, and $58,600 in May. 64% of sales are on m
bulgar [2K]

Answer:

$185,947  

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Download xlsx
5 0
3 years ago
January 1, 2016, Karev Corporation granted options to purchase 4,900 of its common shares at $5 each. The market price of common
sukhopar [10]

Answer:

$.863

Explanation:

Diluted EPS=Net income-preferred stock dividend (if any)/Average outstanding shares during the period

Diluted EPS=$67,104/(72,868+4,900)

                   =$.863

In diluted EPS, all the potential conversion into common stocks are deemed to be converted for purposes of calculating weighted average shares.Therefore options have also been accounted for in above working.

3 0
4 years ago
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