Answer:
FV= $339,962.18
Explanation:
Giving the following information:
Annual investment (A)= $11,000
Number of periods (n)= 18 years
Interest rate (i)= 6%
<u>To calculate the future value (FV) after 18 years, we need to use the following formula:</u>
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {11,000*[(1.06^18) - 1]} / 0.06
FV= $339,962.18
Answer: 15
Explanation:
Length of garden = 45 feet
Width of garden = 15 feet
One truckload covers 45 square feet
How may truck load will cover the entire garden.
Area of rectangle = Length × width
Area of rectangular garden = 45 × 15
Area of rectangular garden = 675 square feet
1 truckload of mulch = 45 square feet
y = 675 square feet
45y = 675
y = 675 ÷ 45
y = 15 truck loads of mulch
15 truckloads of mulch will cover the entire garden
Answer:
E) Social Loafing
Explanation:
social loafing is the phenomenon of a person who exerts less effort to achieve a goal when working in a group than when working alone
Answer:
Explanation:
1)
Stock’s current price:
= P/E Ratio×EPS
= 12×$3
= $36
2)
Price of Stock = Annual Dividend / Discount Rate
Price of Stock = $6.00 / 0.08
Price of Stock = $75.00
3)
Price of Bond = Quoted price * Par Value
$982.50 = Quoted price * $1,000
Quoted price = 98.25
5)
D1 = Dividend yield *price = 0.08 *25 = $ 2
D4 = D1(1+G)^N
D4 = 2(1+.06)^3
D4 = 2* 1.19102
D4 = $ 2.38 per share
Drivers permit, and driving license.
