Answer:
B) the text.
Explanation:
A formal proposal is a written plan conveying an essential idea being put forward for consideration by potential investors or businesses.
A formal report is a concise document containing facts about an investigation and analysis of an issue or event for a specific purpose.
The difference between formal proposals and other formal reports lies mainly in the text.
Answer:
Determine the total interest cost under each plan.
Plan 1 220320
Plan 2 224280
Explanation:
FIRST
F = P ( 1 + i * n )
F=720000(1+10,20%*3) 940320
F=940320
Interest=940320-720000 220320
Interest 1= 220320
SECOND
F = P ( 1 + i * n )
Interest 2
F=720000(1+8,5%*1) 781200 720000 61200
F=720000(1+12,9%*1) 812880 720000 92880
F=720000(1+9,75%*1) 790200 720000 70200
224280
Answer:
The answer is: $18, 750
Explanation:
The double-declining-balance(DDB) method entails computing depreciation of an asset at an accelerated rate. This method is employed when the asset loses value quickly and is expected to generate more revenue at the earlier stages of its useful life. The depreciation is higher at the beginning and lower close to the end of the asset's useful life. The depreciation is computed as follows:
Depreciation = 2 * straight line depreciation percentage * Book value at the beginning of the period
Machine cost: $75, 000
Residual Value: $5, 000
Estimated Life: 4 years/18, 000 hours
Straight line depreciation percentage : 100/4 = 25%
Depreciation Year 1 on DDB = 2 * 25% * $75, 000
= $37, 500
Depreciation Year 2 on DDB = 2 * 25% * ($75, 000 -$37, 500)
= $18, 750
Answer:
D. $221072.
Explanation:
In this question, we use the future value formula which is shown in the spreadsheet.
The NPER represents the time period.
Given that,
Present value = $0
Rate of interest = 5%
NPER = 25 years
PMT = 4,632
The formula is shown below:
= -FV(Rate;NPER;PMT;PV;type)
So, after solving this, the answer would be $221,071.92
EVEN I KNOW THIS ONE. A MONTHLY PAYMENTTT
