Answer:
Holly must save $2845.81 at the end of each year
Explanation:
first calculate the value of tuition fees at n = 18
Cash flow formula = Tuition × 
Discounted CF formula = Cash flow ÷ 
10.00% 0
Year Cash flows Discounted CF
0 33,799.32 33799.32
1 36,165.28 32877.52
2 38,696.84 31980.86
3 41,405.62 31108.66
FV = $129,766.37
PV = 0
N = 18
rate = 10%
using PMT function in Excel
Annual contribution = $2845.81
Answer:
<u>Scorecards.</u>
Explanation:
Two methods described for communicating metrics are dashboards and scorecards. These are not mutually exclusive as these can be related and used simultaneously.
Scorecards compares the strategic goals with the actual performance called results. It is a vertical strategy in which management implements its strategies while moving the symmetrical step with goals.
Answer:
the marginal propensity to consume is 0.75
Explanation:
The computation of the marginal propensity to consume is shown below:
MPC = Change in consumption ÷Change in disposable income
where,
The Change in consumption is 1500
ANd, the Change in disposable income is 2000
So,
MPC is
= $1,500 ÷ $2,000
= 0.75
hence, the marginal propensity to consume is 0.75
Answer:
4%
Explanation:
The Gordon constant growth dividend model =
Value = dividend / cost of capital - growth rate
Subsisting with the values given in the question gives :
25 = 2.5/0.14 - g
To solve for g,
1. multiply both sides by 0.14 - g
25(0.14 -g) = 2.5
2. divide both sides by 25
0.14 - g = 0.10
g = 0.04 = 4%
Answer: $925.505
Explanation:
Given that,
Number of years of service = 35
Jennifer's average annual salary = $26,443
There is one assumption that she will receive 42% of her average annually.
Receive on a annually basis = 42% of $26,443
= 0.42 × $26,443
= $11,106.06
Jennifer expect to receive on a monthly basis = 
= 
= $925.505
