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rewona [7]
2 years ago
14

David Davis plans to save $2,735 every year for the next eight years, starting today. At the end of eight years, David will turn

30 years old and plans to use his savings toward the down payment on a house. If his investment in a mutual fund will earn him 12.0 percent annually, how much will he have saved in eight years when he buys his house
Business
1 answer:
Anna71 [15]2 years ago
8 0

Answer:

Denizen 3 4 and a great job time to for a the first time first aid kit the meaning of ghilli in a row to get the 5 to the 8th and then she says that she 38 the meaning that she should have a pool for her and the rest of her family head is of her own 4 who will not be available for the next one in night and or next at least the next other two nights as she is back at night and she is going out for a couple weeks and a great half birthday day for her birthday present so she can bring 5 500 on the on going 3

Explanation:

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You invest in a piece of equipment costing $40,000. The equipment will be used for two years, and it will be worth $15,000 at th
inna [77]

Answer:

The answer is given below;

Explanation:

Description            0                              1                               2

Equipment           (40,000)

Depreciation

(40,000/10,000)*4,000                       (16,000)

(40,000/10,000)*6,000                                                        (24,000)  

Savings                                                  28,000                     40,000

Salvage Value                                                                          15,000

Net Cash flows                                       12,000                       31,000

PV factor                                          1/1.1 =.91                         1/1.1^2=.83

Net present value

PV factor*net cash flows                   10,920                            25,730

(10,920+25,730)        36,650

Net present value  (40,000)+36,650=(3,350)    

                 

7 0
4 years ago
Wilberton's has total assets of $537,800, net fixed assets of $412,400, long-term debt of $323,900, and total debt of $388,700.
sleet_krkn [62]

Answer:

Current Ratio=1.93518

Explanation:

Current\ Ratio=\frac{Current\ Assets}{Current\ Liabilities}

Calculating Current Assets:

Current Assets=Total assets-Net fixed assets

Current Assets=$537,800- $412,400

Current Assets=$125,400

Current Liabilities=Total debt- Long-term debt

Current Liabilities=$388,700- $323,900

Current Liabilities=$64,800

Current Ratio=\frac{\$125,400}{\$64,800}

Current Ratio=1.93518

5 0
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