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zhuklara [117]
3 years ago
8

Hunter is going to receive $3,000 in one year and he wants to know its equivalent value today. The process of determining the an

swer is called:_______
a. discounting
b. compounding
c. pricing
d. rating
Business
1 answer:
denis23 [38]3 years ago
6 0

Answer:

a. discounting

Explanation:

We arrive at the Present Value from Future Value through the discounting process using the the appropriate discount rate. Likewise we arrive to the Future Value by compounding the Present Value using the appropriate discount rate.

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A buildup approach is used by Howard to find out how much fiberglass insulation to use in building homes

<h3>What is a buildup approach?</h3>

This refers to the method of calculating an market's revenue potential by recognizing the number of probable purchasers in the market and ther purchaser's requirements as well.

Hence, this same approach is used by Howard to find out how much fiberglass insulation to use in building homes.

Read more about buildup approach

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7 0
2 years ago
Universal Travel Inc borrowed $500,000 on November 1, 2018 and signed a twelve month note bearing interest at 6% Principal and i
horrorfan [7]

Answer:

Interest will be $5000

So option (A) will be correct option

Explanation:

We have given principal amount P = $500000

Rate of interest = 6 %

Time is November 1 to December 31

So time = 2 months = 0.1666 year

Interest is given by

Interest =\frac{principal\ amount\times rate\times time}{100}=\frac{500000\times 6\times 0.1666}{100}=$5000

So option (a) will be correct option

4 0
3 years ago
Sheffield Corp. traded machinery with a book value of $978480 and a fair value of $906000. It received in exchange from Ivanhoe
Lemur [1.5K]

Answer:

Gain $72,480

Explanation:

Calculation for the amount of gain or loss that Sheffield should recognize on the exchange

Using this formula

Gain/Loss= Book value – Fair value

Let plug in the formula

Gain/Loss= $978,480 – $906,000

Gain=$72,480

Therefore the amount of gain or loss that Sheffield should recognize on the exchange will be $72,480

3 0
3 years ago
Your supervisor has asked you to complete a task with three coworkers. In order to impress your supervisor, the best plan would
damaskus [11]
The correct answer is letter D. <span>complete the task by doing as much as possible. </span>Your supervisor has asked you to complete a task with three coworkers. In order to impress your supervisor, the best plan would be to complete the task by doing as much as possible.
7 0
4 years ago
Read 2 more answers
*Will mark for Brainliest if given the correct answer!*
Lesechka [4]

Answer:

G91.1

Explanation:

  • It is a billable code.
  • Simply it's too specific as there are unique ICD codes.
  • It can be used for reimbursement process at any cause.
3 0
2 years ago
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