They help you find unbiased information about the product’s actual performance.
Answer:
they need to put into the account $99444.97
Explanation:
given data
age = 14 year
time period = 4 year
saving account = $115000
fixed interest rate = 3.7% per year = 0.037
future value = $115000
solution
we get here present value that is express as
present value =
..........................1
put here value and we get
present value =
solve it we get
present value = $99444.97
so they need to put into the account $99444.97
Answer:
no they are not the same hope this helps
Answer:
<u>Thus Calculation of September Cash Receipts is as follows:</u>
September Sales ( $170,000 × 30%) = $51,000
August Sales ( $150,000 × 55%) = $82,500
Total = $133,500
Explanation:
September cash receipts will include the following :
- 30% of September Sales
- 55% of August Sales
<u>Thus Calculation of September Cash Receipts is as follows:</u>
September Sales ( $170,000 × 30%) = $51,000
August Sales ( $150,000 × 55%) = $82,500
Total = $133,500
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