1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Lisa [10]
3 years ago
8

Suzette is receiving $10,000 today, $15,000 one year from today, and $25,000 four years from today. She will immediately invest

these funds for retirement. If she earns 9.6 percent on her investments, how much will she have in savings 30 years from today
Business
1 answer:
vfiekz [6]3 years ago
6 0

Answer:

$641,547.38

Explanation:

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value  

P = Present value  

R = interest rate  

N = number of years  

We are to determine the future value of these cash flows. But to determine the future value, we need to determine the present value of the cash flows.

Present value is the sum of discounted cash flows

Present value can be calculated using a financial calculator

To find the PV using a financial calculator:

Cash flow in year 0 =  $10,000  

Cash flow in year 1 =  $15,000

Cash flow in year 2 = 0

Cash flow in year 3 = 0

Cash flow in year 4 = $25,000

I = 9.6

PV = 41,012.11

FV : 41,012.11(1.096)^30 = $641,547.38

1. Input the cash flow values by pressing the CF button. After inputting the value, press enter and the arrow facing a downward direction.

2. after inputting all the cash flows, press the NPV button, input the value for I, press enter and the arrow facing a downward direction.  

3. Press compute  

You might be interested in
Science explanation avout mesurement
maw [93]

Answer:

what is the importance of trade international trade?

International trade is of great importance at international level as it binds or bonds countries together and enhance trade by barter as well as helps to generate more money. International trade also helps in improving economy as it increases internal generated revenue from imported goods and services

Explanation:

4 0
3 years ago
The company Lucy works for is made of cross-functional teams that focus on the project at hand. The projects they get are extrem
liberstina [14]

Answer:

Small batch and unit production.

Explanation:

Small batch and Unit production -

In this type of production , the primary focus of the organisation , is the satisfaction of the customer and is based on the preference of the customer .

For this type of manufacturing process , skilled labor and planning is very important to customize and prepare any good or service .

sometimes , the complete team focus on the production of the product one at a time , with lot of caution .

Hence , the information given in the question , the type of manufacturing process is best describes as Small batch and unit production .

6 0
3 years ago
Newly issued securities are sold to investors in which one of the following markets?A. ProxyB. InsideC. SecondaryD. Primary
Harrizon [31]

Answer:

D. Primary

Explanation:

The newly issued securities are first sold to the investors of the primary market .

The primary market id responsible for issuing the securities for the exchange of the company , or other groups .

The primary market are run by the underwriting groups which includes the investment banks .

Hence , from the information of the question , the correct term is ( d. ) Primary market .

7 0
3 years ago
GANTT refers to the Generalized Activity Network Tracking Technique which was developed to better understand how variability in
RSB [31]

Answer:

False

Explanation:

A Gantt chart is named that way because it was originally developed by Henry Gantt. A Gantt chart represents a project schedule and it depicts the relationship between the activities that are being carried out and their schedule status. It includes the start and finish dates of the project's main activities, tasks, dependencies and milestones.

6 0
3 years ago
eBay question I know there are fees for eBay when you sell something but I don’t know exactly so I just wanted to ask if I were
laila [671]

eBay has an algorithm where they take 9% of what you make until that gets up to $50 which in this case doesnt' really matter. They would take 9% of every order so if you sold your item for $10 you would actually get like $9.10 or something similar.

3 0
3 years ago
Other questions:
  • The aim of​ _____________ is to produce high customer equity​, the total combined customer lifetime values of all of the​ compan
    13·1 answer
  • The makers of Tide Detergent recently created "pods" of the product, characterized by a small, square, plastic-wrapped packet th
    7·1 answer
  • Gator Corporation manufactures several types of accessories. For the year, the gloves and mittens line had sales of $480,000, va
    14·1 answer
  • Jillian, a supervisor in a shoe store, observes Frank, an employee, becoming anxious and defensive when a customer complains abo
    14·1 answer
  • Annabelle is a law enforcement officer whose job often entails patrolling a neighborhood that is far from the sheriff’s office.
    10·1 answer
  • Walman Corp. manufactures products X, Y, and Z from a joint production process. Joint costs are allocated to products on the bas
    6·1 answer
  • Outstanding stock of the Marin Corporation included 54000 shares of $5 par common stock and 20000 shares of 5%, $10 par non-cumu
    10·1 answer
  • Income statement. Construct the Barron​ Pizza, Inc. income statement for the year ending 2015 with the following information ​(t
    7·1 answer
  • On October 1, 2020, Mertag Company (a U.S.-based company) receives an order from a customer in Poland to deliver goods on Januar
    15·1 answer
  • State the purpose of assets​
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!