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leonid [27]
2 years ago
9

A necessary condition to use the equity method of reporting for an equity investment is that the investor company must

Business
1 answer:
Vilka [71]2 years ago
4 0
The answer would be a. Have the ability to exercise significant influence over the operating and financial policies of the investee
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Time to reach a financial goal You have $42,180.53 in a brokerage account, and you plan to deposit an additional $5,000 at the e
andrew11 [14]

Answer:

It take to reach your goal is 11 years

Explanation:

given data

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solution

we will apply Future value of annuity that is express as

Future value of annuity = initial fixed amount ×  (1+r)^{t} + deposit additional  × \frac{(1+r)^t-1}{r}     ......................a

put here value and we get

250,000 = 42,180.53  \times (1+0.12)^{t} + 5,000 \times  \frac{(1+0.12)^t-1}{0.12}          

solve it we get

time t = 11

so it take to reach your goal is 11 years

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When the macroeconomic equilibrium is such that real GDP exceeds potential real GDP, the economy is suffering from ________, and
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