1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
kondor19780726 [428]
3 years ago
6

You are planning to buy a house in five years. How much do you need to deposit today to have a $10,000 down payment if your inve

stment will make 6%?
*Remember to determine what you're solving for first:

Simple interest

Present or future value of a single amount

Present or future value of an annuity (a series of deposits).
Business
1 answer:
dsp733 years ago
8 0

Answer:

7,472.58

Explanation:

10000*(1/(1.06)^5)

You might be interested in
Activities A, B, and C are part of the same project. Activity A is worth $200, is 100% complete, and actually cost $200. Activit
kobusy [5.1K]

Answer:

Cost Variance (CV) for the project is negative $77.5

Explanation:

The total amount budget for all 3 activities = Activity A worth $200 + Activity B worth $75 + Activity C worth $200 = $475

The total value completed = activities cost x % complete = $200*100% + $75*90% + $200*75% = $417.5

The actual cost till now = $200 + $120 + $175 = $495

The cost variance = The total value completed - The actual cost till now = $417.5 - $495 = ($77.5)

6 0
3 years ago
A machine costs $260,000 to purchase and will provide $60,000 a year in benefits. The company plans to use the machine for 12 ye
MaRussiya [10]

Answer:

$133,828.98  

Explanation:

The computation of the net present value is shown below:

Year Cash flows Discount factor Present value

0 $260,000.00               1                         $260,000.00 (A)

1 $60,000.00         0.9009009009 $54,054.05

2 $60,000.00        0.8116224332            $48,697.35

3 $60,000.00        0.7311913813            $43,871.48

4 $60,000.00        0.6587309741          $39,523.86

5 $60,000.00        0.5934513281          $35,607.08

6 $60,000.00        0.5346408361       $32,078.45

7 $60,000.00         0.4816584109        $28,899.50

8 $60,000.00         0.4339264963        $26,035.59

9 $60,000.00         0.3909247714        $23,455.49

10 $60,000.00         0.3521844788        $21,131.07

11 $60,000.00         0.3172833142          $19,037.00

12 $75,000.00         0.2858408236        $21,438.06

Total present value                                     $393,828.98  (B)

Net present value                                   $133,828.98     (B - A)

The discount is come from

= 1 ÷ (1 + rate) ^ years  

4 0
3 years ago
Consider an investment in which a developer plans to begin construction, of a building that will cost $1,000,000, in one year if
NeTakaya

Answer:

$300,000

Explanation:

Calculation to determine what would the land value be at the completion of the construction, under the real options approach

First step is to calculate the property worth

If NOI =$160,000

Capitalization rate = 10%

Property will worth =$160,000/10%

Property will worth =$1,600,000

Land value = $1,600,000 - $1,000,000 = $600,000

Second step is to calculate the property worth $

If NOI =$80,000

Capitalization rate = 10%

Property worth=$80,000/10%

Property worth =$800,000

Land value of $800,000 will be 0 reaosn been that the property cost is lower than the construction cost Base

Now let calculate the land value

Land value = 50%($600,000) + 50% ($0)

Land value = $300,000

Therefore what would the land value be at the completion of the construction, under the real options approach is $300,000

6 0
2 years ago
When two or more individuals come together to form a partnership, the assets that they bring with them into the partnership may
DerKrebs [107]

Answer:

when people come together they are gay gay gay gay gay gay gay boi you gay too.

Explanation:

3 0
3 years ago
There is $257 in your account and you earn simple interest of 3.2% for 5 years. What is your new balance?
skad [1K]

Answer:

I am not 100% sure but I think that the answer is $298.12

3 0
3 years ago
Other questions:
  • How can you customize existing templates? Check all that apply. Add ""visual cliches"" Adjust the color scheme Select different
    9·1 answer
  • Regina is looking to start a knitting business and completes a target market profile to include in her business plan. Identify w
    13·1 answer
  • Marie values the complete protection of her new smartphone more than the $50 per month it would cost her to purchase a comprehen
    13·1 answer
  • Auditors must gather evidence, and obtain documentation around identified risks. A risk in the purchasing process is that a purc
    12·1 answer
  • San Lorenzo General Store uses a periodic inventory system and the retail inventory method to estimate ending inventory and cost
    12·1 answer
  • Which best describes the benefits of renting a home?
    14·2 answers
  • Star Corp. had the following accounts and balances in its general ledger as of December 31:
    10·1 answer
  • You work in the human resource department at the headquarters of a multinational corporation based in the US. Your company is ab
    13·1 answer
  • Why people in New York it hard to get shelter with a child​
    15·1 answer
  • If the level of activity increases within the relevant range Group of answer choices Variable cost per unit and total fixed cost
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!