$100,000 was allocated by a stockbroker to a portfolio yielding 4% annually compounded. If no withdrawals are taken, there will be $117,352 left in the account after four years.
Given a certain rate of return, present value (PV) is the current value of a future financial asset or stream of cash flows. A discount rate or the interest rate that could be obtained through investment is applied to the future value to get the present value.
According to the continuously compounded interest formula,
FV = PV
Here,
Present Investment Value, or PV
the interest rate, I
T = time in years
So,
In light of the specified
PV = $ 100,000
I = 4% = 0.04
t = 4 years
Hence
FV stands for "Final Investment Value"
Then,
FV = 100,000 * e⁰.⁰⁴ˣ⁴
FV = 100,000*e⁰.¹⁶
FV = 100,000 * 1.173510871
FV = 117351.0871
FV = 117351
Hence
The balance in the account after four years was = $117,352
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The accurate descriptions of the <em>meta message</em> of a business communication is:
- It is the overall message conveyed by the communication and It is conveyed as a combination of content and tone.
A meta message is the underlying meaning of a given text and we can see that when it is used in the <em>context </em>of a business communication then it means very specific things.
With this in mind, we can see that it is the overall message of the communication which is done which has a combination of both content and tone between two or more business partners.
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Some of the mistakes that we made are:
- Getting loans unthoughtully
- Buying things that we don't actually need before we managed to fulfill all basic needs for our living.
- Too late to invest. In order to financially secure, it's best to set asie an investment and let the profit compound.
Answer:
$10
Explanation:
he contribution margin is calculated by subtracting variable costs from selling price.
i.e., selling price- variable cost = contribution margin per unit
in this case
selling price is $50
variable cost
= 20/100 x 50
=0.2 x 50
=$10
contribution margin = $50- $10
=$40
Answer:
Annual depreciation= $7,200
Explanation:
Giving the following information:
A company purchased a van for $42,000 and expects it can be sold for $6,000 after 120,000 miles of service.
<u>To calculate the annual depreciation, we need to use the following formula:</u>
Annual depreciation= [(original cost - salvage value)/useful life of production in miles]*miles driven
<u>For 24,000 miles:</u>
<u></u>
Annual depreciation= [(42,000 - 6,000) / 120,000]*24,000
Annual depreciation= 0.3*24,000
Annual depreciation= $7,200