Answer:
The accumulated present value is $67,518.99.
Explanation:
Investment opportunities that require a series of payments of a fixed amount for a specific number of periods are known as annuities.
The Present Value of this annuity can be calculated as :
Fv = $0
n = 30
r = 4.2 %
Pmt = - $4,000
P/ yr = 1
Pv = ?
Using a financial calculator, the Present Value (PV) of the annuity is $67,518.9948 or $67,518.99.
Business messages usually conclude with a call to action.
<h3>What are business messages?</h3>
These are the ways through which companies and business have to communicate with one another.
The mediums through which they communicates includes:
- SMS
- Emails
- Fax
- Social media.
The companies and their customers use the messages as a way of interacting and having their needs met.
Such messages have contents that are directly related to the business.
Read more on business messages here:
brainly.com/question/5506518
Based on the fact that the Euro will appreciate, the best thing for Johnson Co. to do is to e.purchase euros forward.
<h3>What should Johnson Co. do?</h3>
The fact that the Euro is going to appreciate in value means that Johnson Co. will have to pay more in future.
They should therefore lock in a favorable Euro rate now by purchasing Euros at a forward rate.
Find out more on purchasing forward at brainly.com/question/14090802.
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Answer:
Until Marginal Revenue = Marginal Cost
Explanation:
In the short run, a monopolistic ally competitive firm continues to increase production until MR = MC if it can at least cover its variable cost. This is the profit maximizing condition. If firm is able to cover his variable costs in short run, he should continue production.