Answer:
Value of scholarship today = $30,484.90
Explanation:
The value of the Scholarship is the present value of the annual payment of $9,000 discounted as the annual interest rate of 7% per annum.
This can be computed using the formula below
Present Value = Annual cash flow × (1- (1+r)^(-n)/r)
n -number of years, r-interest rate
rate r- 7%, n=4, Annual cash flow = 9,000
Present Value = 9,000× (1-1.07^-4)/0.07
= 9,000× 3.3872
= $30,484.90
Value of scholarship today = $30,484.90
Answer:
C. Organize staff
Explanation:
C. Organize staff is the answer.
Motorcycle loan, car loan, credit card bill, mortgage.
If you own your home, that would be considered an asset. Liabilities are financial obligations, or things that you will be required to pay.
Answer:
$1,679.
Explanation:
In the beginning they payed 4,600 dollars for their stocks. They made 6,200 dollars after one year. You will need to subtract the amount they payed from what they made. this comes out to be $1,600. Then subtract the brokers commission (32+41). Once you do this the amount is $1,527. Finally add the dividend (152) which gets you to 1,679 dollars.
