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aleksklad [387]
3 years ago
8

FlybynightSavings is offering a savings account that pays 32% compounded continuously. How much interest would a deposit of $2,0

00 earn over 10 years
Business
1 answer:
zhenek [66]3 years ago
7 0

Answer: $47,065.06

Explanation:

When interest is compounded continuously, the formula is:

Future value = Principal * <em>e</em>^(rate * time period)

= 2,000 * <em>e⁰.³² ˣ ¹⁰</em>

= $49,065.06

Amount of interest earned:

= $49,065.06 - 2,000

= $47,065.06

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Gonzales Corporation generated free cash flow of $88 million this year. For the next two years,the companyʹs free cash flow is e
vodka [1.7K]

Answer:

A) $1384.24

Explanation:

Terminal Value = Free Cash Flow (FCF) of last forecast *(1+ perpetual growth rate)/(discount rate – perpetual growth rate)

FCF of last forecast = $88*(1+10%)^2 = $106.48

Gonzales Corporationʹs expected terminal enterprise value in year 2 = $106.48 * (1+4%)/(12%-4%) = $1382.24

6 0
3 years ago
An investor has $50,000 in cash to put a $5,000 down payment on 10 different homes valued at $50,000 each and will finance the r
scZoUnD [109]

Answer:

d. leverage

Explanation:

Leverage -

It is a type of investment strategy , where the borrowed money is used .

It is the method by which the firm or an organisation is expanded by using the borrowed money as the capital and funding , is referred to as leverage  .

Hence , from the given scenario of the question,

The person uses borrowed money to increase the potential return of an investment .

Hence , from the question,

The correct term is leverage .

3 0
3 years ago
Concord Company is constructing a building. Construction began on February 1 and was completed on December 31. Expenditures were
nexus9112 [7]

Answer:

$2,317,000

Explanation:

The computation of the weighted-average accumulated expenditures for interest capitalization purposes is shown below:

For expenditure on March 1

= $1,932,000 × 10 months ÷ 12 months

= $1,610,000

On June 1

= $1,212,000 × 7 months ÷ 12 months

= $707,000

On December 31, it would be zero

So, the accumulated expenditures is

= $1,610,000 + $707,000

= $2,317,000

8 0
3 years ago
The difference in a variable measured over observations (time, customers, items, etc.) is known as
kolezko [41]
<span>The difference in a variable measured over observations (time, customers, items, etc.) is known as the variance. 
</span><span>it is the measure of variability that utilizes all the data and it is calculated by
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5 0
3 years ago
N-Pax Technology Corp., a microchip manufacturing company, is hiring for the position of marketing manager for its new division.
Alona [7]

Answer:

D. Job specifications

Explanation:

Job specification -

It is the piece of information about the qualifications , strength , weakness and characteristics required in the person to take over a job or task .

hence , from the question , Nathan need to be aware about the job specifications , to select the candidate .

hence , from the given options , the correct term for the given information of the question is D. Job specifications .

7 0
3 years ago
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