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OverLord2011 [107]
2 years ago
11

Kamal plans to save $7,000 a year for 17 years starting a year from today. He expects to earn 9% on his investment. How much wil

l he have in 17 years
Business
1 answer:
LenaWriter [7]2 years ago
6 0

Explanation:

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Computech Corporation is expanding rapidly and currently needs to retain all of its earnings; hence, it does not pay dividends.
kirza4 [7]

Answer:

$10.08

Explanation:

First, find dividend per year;

D3 = 0.50

D4 = 0.50(1.35) = 0.675

D5 = 0.675 (1.35 ) = 0.9113

D6 = 0.9113 (1.07) = 0.9751

Next, find the present value of each dividend at 13% rate;

PV (of D3) = 0.50/(1.13^3) = 0.3465

PV (of D4) = 0.675/(1.13^4) = 0.4140

PV (of D5) = 0.9113/(1.13^5) = 0.4946

PV (of D6) = \frac{\frac{0.9751}{0.13-0.07} }{1.13^{5} } \\ \\ = \frac{16.2517}{1.8424}

PV (of D6 )= 8.8209

Add the PVs to find the stock price;

= 0.3465 + 0.4140 + 0.4946 + 8.8209

= $10.08

8 0
3 years ago
Rex Garner recently made an offer to Harry Barns for the sale of his shop using a registered letter. The offer says that Harry "
NeX [460]

Answer:

Stipulation.

Explanation:

In this scenario, Rex Garner recently made an offer to Harry Barns for the sale of his shop using a registered letter. The offer says that Harry "may accept by registered letter." This detail is an example of a stipulation.

A stipulation in business can be defined as a formal legal acknowledgment and agreement made between two or more groups of people (parties) before entering into a contract or business deal.

This ultimately implies that, a stipulation is a condition or clause used to convey agreement in a contract between two or more groups of people. The statement "may accept by registered letter." in the offer made by Rex Garner to Harry is a stipulation, conveying the message that Harry can only show agreement by using a registered letter as well.

5 0
3 years ago
When Benjamin purchased a camera at Best Buy, the cashier asked him for his home zip code. Which of the following approaches was
Anna11 [10]

Answer:

The correct answer is E) Customer spotting .

Explanation:

The detection of needs in the sale is the third step, of the six that must be taken to increase the possibilities of selling.

The detection of needs consists specifically in asking your client a series of questions that you have to have prepared in advance, in order to discover:

  1. What are the real needs they have
  2. If the products or services you have in your portfolio are suitable for what you need.

Not carrying out a correct detection of needs forces you to walk blindly and thus lose many chances of achieving success.

Keep in mind, that it is in this step where it is most important that you pay attention and listen to what the client has to say.

4 0
3 years ago
"$100 reward will be paid by Neti-pot Co. to any person who suffers from hayfever after having used the Neti-pot three times dai
Scorpion4ik [409]

Answer:

B. No, because the advertisements are an invitation to bid.

Explanation:

An advert is not legally binding as it is just a means to capture consumer attention and convince them to buy a product or service.

Advertisements are merely considered as invitations to bid so the one made by Neti-pot Co is misleading because anybody reading it will immediately assume if a consumer takes the product the way it is advertised and begin to get side effects, the company will really give out the $100 promised.

Therefore, Sheldon wont get any compensation even if she decides to sue.

She will have to bear the consequences alone.

6 0
3 years ago
Olivia is the owner of an interior designing firm. She has a tight-knit group of designers working for her. The designers have d
nignag [31]

Answer:

C. deep-level diversity

Explanation:

Deep-level diversity is a type of diversity among individuals that is not easily observable, and includes traits such as working styles, values, beliefs, cognitive, or decision-making styles. These are usually psychological. These traits are less observable.

According to the information given in the question above about the Olivia and her employees, we can infer that Olivia and her employee display deep-level diversity, as the designers have traits that are not easily observable such as the different working styles they have while they still work effectively together as a team.

8 0
3 years ago
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