The development company of the information system administration primarily by business and systems analysts who work with users, operations, and vendors to achieve and install licensed software and to set up the system components around that software.
Answer:
7.95%
Explanation:
the first step is to determine the present value of the 10 year annuity
= 7246.89
remaining balance of the 10,000 is invested in a 10-year certificates of deposit = 10,000 - 7246.89 = $2753.11
We would calculate the future value of this amount
The formula for calculating future value:
FV = P (1 + r/m)^mn
FV = Future value
P = Present value
R = interest rate
N = number of years
m = number of compounding
$2753.11 x ( 1 + 0.09/4)^(4 x 10) = 6704.34
calculate the value of reinvestments
= 14783.60
14783.60 + 6704.34 = 10,000 ( 1 + er)^10
er = 0.0795 = 7.95%
Answer:
It will take 2.72 years and 32.64 months.
Explanation:
Future value is the sum of principal amount and compounded interest amount invested on a specific rate for a specific period of time.
Use following formula to calculate the time period.
FV = PV x ( 1+ r )^n
FV = Future value = $6,000
PV = Present Value = $4,000
r = rate of interest = 15% yearly = 15% / 12 = 1.25%
n = time period = ?
$6,000 = $4,000 x ( 1 + 1.25% )^n
$6,000 = $4,000 x ( 1.0125 )^n
$6,000 / $4,000 = ( 1.0125 )^n
1.5 = ( 1.0125 )^n
Log 1.5 = n log 1.0125
n = Log 1.5 / log 1.0125
n = 32.64 months
n = 2.72 years
Pharrell, inc., has sales of $601,000, costs of $257,000, depreciation expense of $63,000, interest expense of $30,000, and a ta
telo118 [61]
Answer:
$119,150
Explanation:
Addition to Retained Earnings shall be:
Particulars Amount$
Sales 601,000
Less: Costs <u>257,000</u>
EBDIT 344,000
Less: Depreciation <u>63,000</u>
EBIT 281,000
Less: Interest <u>30,000</u>
EBT 251,000
Less: Tax at 35% <u>87,850 </u>
EAT 163,150
Less: Cash Dividend <u>44,000</u>
Retained Earnings <u>$119,150</u>
The first step of the marketing process is analyzing and comprehending the current marketplace.