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ra1l [238]
2 years ago
15

An investor is considering an investment that will pay $2,150 at the end of each year for the next 10 years. He expects to earn

a return of 12 percent on his investment, compounded annually. How much should he pay today for the investment? How much should he pay if the investment returns are received at the beginning of each year?
Business
1 answer:
S_A_V [24]2 years ago
8 0

Answer: 9. 308

Explanation:

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Assume that a parent company acquired 80% of the outstanding voting common stock of a subsidiary on January 1, 2012. On the acqu
AleksandrR [38]

Answer:

consolidation financial statements are for the parent and the subsidiary for the year =$ 1682,875

Explanation:

5 0
3 years ago
One year ago, the Jenkins Family Fun Center deposited $4,500 into an investment account for the purpose of buying new equipment
Iteru [2.4K]

Answer:

Total= $25,891

Explanation:

Giving the following information:

One year ago, the Jenkins Family Fun Center deposited $4,500 into an investment account for the purpose of buying new equipment four years from today. Today, they are adding another $6,300 to this account. They plan on making a final deposit of $8,500 to the account next year.

We need to use the following formula:

FV= PV/(1+i)^n

FV= 4,500*(1.08)^5=6,612

FV= 6,300*(1.08)^4= 8,571

FV= 8,500*(1.08)^3= 10,708

Total= $25,891

5 0
3 years ago
- Why do so many people still sign up for overdraft protection when it is not always ?
KengaRu [80]

Answer:

This protection usually covers checks, ATM transactions, and debit card transactions. Overdraft protection may make more financial sense, will result in the recipient not knowing your low bank balance, and ensures emergency transactions process.

Explanation:

8 0
11 months ago
If the central bank targets a monetary​ aggregate, it is likely to lose control over the interest rate because A. of fluctuation
Rom4ik [11]

Answer:

The correct answer is B. of fluctuations in the demand for reserves.

Explanation:

The management of the interest rate is perhaps one of the areas of economic policy that has raised the most controversy among policymakers. Much of it comes from both the interpretation of the role that the interest rate plays in macroeconomic adjustment, and the real possibility of achieving effective control over it.

Regarding the role of the interest rate, there are opposing positions about the influence that this variable may have on that of  termination of savings investment. Thus, for example, from a Keynesian perspective, a weak relationship is raised between saving the interest rate, since it depends primarily on the level of income, while great importance is attached to this variable as a determinant of investment. Under this scheme, control over the interest rate can be justified since it would have the advantage of stimulating economic activity through greater investment, without significantly affecting savings levels.

6 0
3 years ago
Blaine Air Transport Service, Inc., providing air delivery service for businesses, has been in operation for three years. The fo
Valentin [98]

Answer:

Entries and their narrations are posted below

Explanation:

We will record assets and expenses on the debit as they increase during the year and will record liabilities and capital on the credit side as they increase during the year or vice versa.

February 1 (Paid $275 for rent of hangar space in February)

Rent (Expense)     Dr $275

Cash (Asset)                        Cr $275

February 2 (Purchased fuel costing $490 on account for the next flight to Dallas.)

Fuel (Expense)                             Dr $490

Accountt Payable (Liability)                            Cr $490

February 4 (Received customer payment of $820 to ship several items to Philadelphia next month.)

Cash (Asset)    Dr $820

Shipment (R)              Cr $820

February 7 (Flew cargo from Denver to Dallas; the customer paid $910 for the air transport)

Cash (A)   Dr $910

Ticket (R)              Cr $910

February 10 (Paid $175 for an advertisement in the local paper to run on February 19.)

Advertisement (E)    Dr $175

Cash (A)                              Cr $175

February 14 (Paid pilot $2,300 in wages for flying in January (recorded as an expense in January))

Wages payable (L) Dr 2300

Cash (A)                                Cr 2300

February 18 Flew cargo for two customers from Dallas to Albuquerque for $3,800; one customer paid $1,600 cash and the other asked to be billed.

Cash (A)                            Dr 1600

Account Receivable (A)   Dr 2200

Ticket (R)                                             Cr 3800

February 25 Purchased on account of $2,550 in spare parts for the planes.

Spares  (E)                    Dr 2550

Account Payable (L)                   Cr 2550

February 27 (Declared a $200 cash dividend to be paid in March.)

Retained Earnings (SE) Dr 200

Dividend Payable (L)                 Cr 200

8 0
3 years ago
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