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Lina20 [59]
2 years ago
11

How much would you need to deposit in an account now in order to have $3000 in the account in 15 years

Business
1 answer:
Anika [276]2 years ago
6 0

Answer:

Results are below.

Explanation:

Giving the following information:

Future value= $3,000

Number of periods= 15 years

I will assume an interest rate of 8% compounded annually.

<u>To calculate the present value (PV), we need to use the following formula:</u>

PV= FV/(1+i)^n

PV= 3,000/1.08^15

PV= $945.73

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8 0
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How can we build up strong analytical skill discuss​
yan [13]

Answer:

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3 years ago
Would a macroeconomist be interested in how individual consumers respond to an increase in taxes on gasoline?
shepuryov [24]
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4 0
3 years ago
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Veronika [31]

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<em>Transferable skills</em>

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5 0
3 years ago
A pre-determined overhead rate includes:_____.
KiRa [710]

Answer:

a. estimated total manufacturing overhead cost in the numerator.

Explanation:

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