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SIZIF [17.4K]
3 years ago
9

Martin's coin collection contains hundred 1960 silver dollars. Her grandparents purchased them at their face value ($50 each) in

1960. These coins have appreciated by 3.2 percent annually. How much will the collection be worth in 2020
Business
1 answer:
Readme [11.4K]3 years ago
4 0

Answer:

FV= $33,094.2

Explanation:

Giving the following information:

Present value (PV)= 50*100= $5,000

Number of periods (n)= 2020 - 1960= 60 years

Apreciation rate (g)= 3.2% = 0.032

<u>To calculate the value of the collection in 2020, we need to use the following formula:</u>

Future value= PV*(1 + g)^n

FV= 5,000*(1.032^60)

FV= $33,094.2

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Vicky and Lee vacation in Cancun, Mexico, every year. They purchased the right to stay in a beach condo for the first two weeks
Crank

Answer:

The answer is timeshare

Explanation:

A timeshare is a way for a number of people to share ownership of a property. Timeshare is fractional ownership in a vacation property. Each buyer usually purchases a certain period of time in a particular unit.  Almost all timeshares are resort or vacation properties.

6 0
3 years ago
Business owners are less optimistic about the health of the economy. What will be the effect on aggregate demand
KATRIN_1 [288]

The  effect on aggregate demand is: left Shift in the Aggregate Demand Curve - expectations.

Effect on aggregate demand

Left Shift in the Aggregate Demand Curve - expectations means that the total amount consumer tends to spend on goods and services are decreasing.

Consumer spending less can occur when things are costly or due to the inflation which is the rise in the price of goods and services in the market.

Inconclusion the  effect on aggregate demand is: left Shift in the Aggregate Demand Curve - expectations.

Learn more about Effect on aggregate demand here:brainly.com/question/25749867

6 0
2 years ago
The Assembly Department started the month with 25,100 units in its beginning work in process inventory. An additional 310,100 un
Murljashka [212]

Answer:

315,000 Transferred-out

Explanation:

25,100 beginning WIP

+310,100 transferred in

-30,100 ending WIP

315,000 Transferred-out

The tranferred-in are units that comes into this process from a previous process.

Transferrred-out are the units that leave the process to another process or to finished goods inventory.

8 0
3 years ago
Sara shouppe has invested $100,000 in an account at her local bank. the bank will pay her a constant amount each year for 6 year
katovenus [111]
We can compute this using the Annual depreciation charge
Use the formula:
depreciationcharge= (Co-Cn)i/[(1+i)^n-1)]
where
Co= initial amount= $100,000
Cn- value after n years= $0
n= life of account= 6
i= interest rate=10%
Sunstituting all the values, we will get,
depreciation charge = $12960.74

The bank will have to pay Sara shouppe  $12960.74 for the investment of $100000 with 10% interest.


5 0
3 years ago
Vaughn Manufacturing began the year with retained earnings of $114000. During 2022, the company issued $84500 of common stock fo
aalyn [17]

Vaughn's net income for the year 2022 is: c. $88,000.

<h3>Net income</h3>

Using this formula

Net income=Revenues - expenses

Where:

Revenues=$735,000

Expenses=$647,000

Let plug in the formula

Net income=$735,000-$647,000

Net income=$88,000

Therefore the correct option is c.

Learn more about net income here:brainly.com/question/15235984

#SPJ1

3 0
2 years ago
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