Answer:
$20,857.24
Explanation:
This is an ordinary annuity question which can be solved using a financial calculator. The inputs are as follows;
Total duration of investment; N = 5
Interest rate per year; I/Y = 6%
Recurring annual payment; PMT = 3,700
One time cashflow; PV = 0
then compute the future value of the annuity; CPT FV = 20,857.244
Therefore, Jan will have $20,857.24 as down payment in 5 years.
Answer:
The answer is C
Explanation:
Let's say that we have 100 cars unique in the world and each car's value is 10000$. Now, let's say that you have 3 cars like the last ones, 3 cars unique in the world? You won't sell them at 10000$, you have to increase the price because the cars are very rare.
Answer: a. The patent is an intangible so it is amortized for cost recovery
Explanation:
Just as Depreciation exists for the wearing and tearing of tangible Assets, so does AMORTIZATION exist for Intangible Assets like goodwill, patents, licenses, copyrights and logos.
It follows essentially the same process as Depreciation and the useful life estimation is usually discretionary because some Intangible Assets can give benefits forever such as logos.
Generally though, only Intangible Assets with estimable useful lives are amortized such as Patents and Trademarks.
The rate of return from revenue of the electronic device is 31.65%.
We are to determine the internal rate of return of investment of this investment. The internal rate of return is the interest rate that equates the cost of the investment, to the present value of the cash flows.
In order to determine the internal rate of return, the following information is needed:
The cost of the electronic device: $670,000
Revenue: 1 - 9 = $225,000
10 = $225,000 + $70,000 = $295,000
These values can be imputed into a financial calculator. When imputed into the financial calculator, the value of the IRR is 31.65%.
To learn more, please check: brainly.com/question/14120890?referrer=searchResults
Answer:
The correct answer is letter "D": not counted in GDP because they are a non-market activity.
Explanation:
The Gross Domestic Product or GDP represents the overall market value of all the goods and services a country produces. It measures the size of the economy and how much it has grown. It is calculates using expenses, level of output, or revenues of the country.
In Kiersten's case, the fruits she grows in her yard are not part of the GDP since she is not involved in any economic transaction.
