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3 years ago

How can the military support your career goals

Business

1 answer:

Setler [38]3 years ago

4 0

Answer:

you can get money to further your education, also engage in stem activities.

Explanation:

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You can buy property today for $2.2 million and sell it in 5 years for $3.2 million. (You earn no rental income on the property.

Stolb23 [73]

Answer:

PV of the sales price $1,986,948.23

Explanation:

We will calcualte the present value of the sale price using the present value of a lump sum formula:

$\frac{Maturity}{(1 + rate)^{time} } = PV$

Maturity 3,200,000

time 5 years

rate 10% = 10/100 = 0.1

$\frac{3200000}{(1 + 0.1)^{5} } = PV$

PV $1,986,948.2338

This indicates the 3,200,000 in five years are equivalent to 1,986,948.23 dollars Thus, this investment is not profitable as the property will be purchased at 2,200,000

7 0

2 years ago

Andy wants to install a new internet connection. He went to take the fastest he can get. What are the maximum speeds for

tresset_1 [31]

Please provide adequate options to choose from.

4 0

3 years ago

Read 2 more answers

Javier Computer Services began operations in July 2019. At the end of the month, the company prepares monthly financial statemen

gavmur [86]

Answer:

wages expense 1,300 debit

wages payable 1,300 credit

--------------------------------

interest expense 200 debit

interest payable 200 credit

--------------------------------

account receivable 2,400 debit

service revenue 2,400 credit

----------------------------------

Explanation:

we recognize the wages expense for the current period and the liability that arise from that.

interest: principal x rate x time

time and rate should be in the same metric so we express the time in portion of a year.

From July 1st to July 31th a month has past so 1/12 of a year:

20,000 x 12% x 1/12 = 200

this will be the accrued interest for the period

we must record service revenue. As it is not collected it goes int oaccount receivable

6 0

3 years ago

Suppose a commercial banking system has $40,000 of outstanding checkable deposits and actual reserves of $4,500. If the reserve

ludmilkaskok [199]

Answer: $50000

Explanation:

Based on the information that's been given in the question, firstly we need to calculate the excess reserves which will be:

= $4500 - (10% × $40000)

= $4500 - $4000

= $500

Then, the money supply that's expanded will be:

= Excess reserve / Reserve ratio

= $5000 / 10%

= $5000 / 0.1

= $50000

Therefore, the answer is $50,000.

3 0

3 years ago

Benefits of setting objectives for a company

In-s [12.5K]

Answer:

Help them evaluate the business' growth

Explanation:

When they set objectives, they can look at it later on and check if they had reached their goal. So they can see how far they've reached as a business.

8 0

2 years ago