2 years ago

Need answer ASAP if in next 5mins I'll name first answer brainliest

Business

1 answer:

irinina [24]2 years ago

5 0

Answer:

mutual fund company'

Explanation:

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Suppose you are committed to owning a $185,000 ferrari. if you believe your mutual fund can achieve an annual return of 10.5 per

Tresset [83]

Answer: I must invest <u>$68,163.04</u> today to buy a Ferrari 10 years from now.

We can interpret the data in the question as follows.

We need $185000 after 10 years, so this is the Future Value of an investment made today. We have to calculate the amount to be invested.

We need to use the Present Value formula in order to find the amount to be invested.

The formula is :

$\mathbf{PV = \frac{FV}{(1+r)^{n}}}$

Substituting the values we get,

$\mathbf{PV = \frac{185000}{(1+0.105)^{10}}}$

$\mathbf{PV = \frac{185000}{2.714080847}}$

$\mathbf{PV = 68163.03952}$

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3 years ago

In your opinion, what is the most important factor affecting the demand for sports and entertainment commodities?

il63 [147K]

Answer:

Explanation:price of the commodity

price of related goods

income if the consumer

taste and preference

exceptation of change of price

7 0

3 years ago

A lack of the resources needed to go into producing goods and services is called what

kotykmax [81]

Goods service resources

8 0

3 years ago

PLEASE HELP ME!!!!!!!!!!!!!!!!!!!!!111 I NEED HELP RIGHT NOW!!!!!!!!! IM LITERALLLY CRYING! JK IM NOT BUT I NEED HELP!!!!!!

8_murik_8 [283]

I think A and C.

Hope this helps.

8 0

3 years ago

Scoring: Your score will be based on the number of correct matches. There is no penalty for incorrect or missing matches.

Stolb23 [73]

Answer:

Matching transactions to the journal in which they would be entered:

Transactions Journal Type

1. Recognized depreciation on the building General Journal

2. Journalized the adjusting entry for supplies

used during the period General Journal

3. Closed the revenue account at the end

of the period General Journal

4. Received cash from the bank in exchange

for a note payable Cash Receipts Journal

5. Withdrew cash for personal use (by owner) Cash Payments Journal

Explanation:

Revenue journal records revenue transactions.

Cash receipts journal records all cash receipts.

Purchases journal records all purchases on account.

Cash payments journal records all cash payments.

General journal is used for all transactions, especially those that cannot be recorded in any of the other specialized journals.

3 0

2 years ago