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sergey [27]
3 years ago
10

Chris wants to accumulate $112,000 in 4 years. He plans on making equal semiannual deposits into an investment account that earn

s 10% semiannually in order to reach his goal. How much must Chris invest every six months
Business
1 answer:
Katarina [22]3 years ago
8 0

Answer:

$11,728.85

Explanation:

the future value of the annuity = $112,000

number of periods = 8 semiannual payments

interest rate = 10% compounded semiannually = 5%

future value = payment x FV annuity factor

FV annuity factor 5%, 8 periods = 9.5491

payment = $112,000 / 9.5491 = $11,728.85

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IT IS>>>>>>>> ONLINE NEWS

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Which option in a webmail program allows you to type a new message? The option allows you to create a new message. NextReset
mixas84 [53]

Answer:

The "compose" or "draft" option allows you to type a new message.

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Which of the following budgets is not a budget that a manufacturer would include in its master budget?
Arlecino [84]

Answer:

merchandise purchases budget                                  

Explanation:

A product sales forecast is a business plan that records the cumulative amounts of expenses or commodity production units that a retailer is supposed to buy in a reporting year.

In other terms, this is the expenditure analysts use to prepare acquisitions in inventories for the forthcoming times. This is also the guideline which determines the sum of money which the procurement department may allocate on yearly stock purchasing.

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8 0
3 years ago
Cover Me, Inc. sells umbrellas in three cities. Management assumes that annual rainfall is the primary determinant of umbrella s
noname [10]

Answer:

7602.28

Explanation:

Given the data:

Rainfall in X Sales in Dollars of Umbrellas

City A 35 2800

City B 30 2000

City C 12 800

Using the linear regression calculator :

The linear model obtained for the data is :

y = - 226.424 + 81.549x

Using the model, the predicted sales for 96 inches of rain will be:

X = 96

y = - 226.424 + 81.549(96)

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8 0
3 years ago
When a firm has international operations, choosing the most appropriate structure depends upon the extent of international expan
valkas [14]

Answer:

True

Explanation:

When a firm has international operations it should choose the most appropriate structure based on the following factors:

  1. extent of international expansion: into how many international regions do we plan to expand our activities.  
  2. the type of strategy: the have to choose between global, multidomestic or international strategy
  3. the degree of product diversity: on how many additional markets will our products compete? regionally or globally

Although 1 and 3 may be similar, there can be significant differences. For example, a US company may want to start selling their products in all of South America (regional product diversity), but it will do it by setting a South American office in Brazil only (international expansion is limited to Brazil only).

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