Answer:
you multiply both side it gives you
-111.495
Answer:
21.25
Step-by-step explanation:
so what I did was i x 8 and 1/2 by 2.50
Answer:
$14,277.80
Step-by-step explanation:
The standard formula for compound interest is given as;
A = P(1+r/n)^(nt) .....1
Where;
A = final amount/value
P = initial amount/value (principal)
r = rate yearly
n = number of times compounded yearly.
t = time of investment in years
For this case;
P = $7,400
t = 8 years
n = 4 (quarterly)
r = 9.5% = 0.095
Using equation 1.
A = $7,400(1+0.095/4)^(4×7)
A = $7,400(1.02375)^(28)
A = $7,400(1.929432606035)
A = $14,277.80
final amount/value after 8 years A =$14,277.80
Based on the net cash flow, the depreciation and amortization, and the tax rate, the expected sales of McGwire Aerospace is $66.67 million.
<h3>What are the expected sales?</h3>
First, find the net income:
= Net cash flow - depreciation and amortization
= 12 - 5
= 7 million
Given this net income, the sales are:
Net income = ( Sales - (Sales x 75%) - 5) x (1 - 40%)
7 / 0.60 = 0.25x - 5
11.67 = 0.25x - 5
0.25x = 16.67
x = 66.67 million
In conclusion, the expected sales are $66.67 million.
Find out more on expected sales at brainly.com/question/28062273
#SPJ4
