1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
elena-14-01-66 [18.8K]
3 years ago
6

_________ payments are known as lump sums. We can solve for the future value or the present value of a lump sum as we discuss be

low.
Finding the future value (FV), or _______, is the process of going from today's values to future amounts. The FV equation is

FV=PV(1 + I)^N
Business
1 answer:
geniusboy [140]3 years ago
8 0

Answer:

a. Single

b. Compounding

Explanation:

Lump sums refers to a single payment that is made to a person or an organisation at a specified time. This is different from installment payment that is made as a number of smaller payments over a specified period of time.

Compounding refers to a method of reinvesting earnings or profits from assets or investment with aim of generating extra earnings over time.

Compounding is the foundation of Future Value  (FV) as it considers the present value (PV) of an asset, the total number of years, how frequent the compounding takes place in a year, and the annual interest rate as given in the formula in the question which represented as follows:

FV = PV(1 + I)^N

Where;

FV = Future Value

PV = Present Value

I = annual interest rate

N = number of years

Therefore, single payments are known as lump sums. We can solve for the future value or the present value of a lump sum as we discuss below.

Finding the future value (FV), or compounding, is the process of going from today's values to future amounts.

You might be interested in
Which items are consequences of globalized trade for a developed nation that begins to import more goods and services from less-
Vaselesa [24]

Answer:

Globalization has resulted in great opportunities for businesses from less developed countries to take a hold over the more and much bigger markets from all over the world. Hence, the business over there has the opportunity for better capital flow, human capital, technology, larger export, and low-cost imports, And since they export their products at lower rates, the developed countries import from them more goods and services to save capital.

However,

1. These products lack quality.

2, And they are more prone to defects as well as wear and tear, as a developed country's technology is far superior to those of developing countries. However, now the developing countries are picking up the speed, and coming up with better technology to match that of developed, because of better education facilities, and proper training.

Explanation:

Please check the answer.

5 0
3 years ago
On August 5, 2021, Blossom Furniture shipped 50 dining sets on consignment to Furniture Outlet, Inc. The cost of each dining set
Gennadij [26K]

Answer:

$15,960

Explanation:

The total profit on units sold for the consignor:

= Sales Value - Cost of Goods Sold - Shipping Expenses - Commission - Advertising Expenses - Installation and setup costs

= (40 × $720) - (40 × $220) - [$1,850 × (40/50)] - ($28,800 × 5%) - $470 - $650

= $28,800 - $8,800 - $1,480 - $1,440 - $470 - $650

= $15,960

5 0
3 years ago
By the time a child is two years old, they have _____synaptic connections in their brain than an adult.
Mrac [35]
the answer is A: more
7 0
2 years ago
If a competitive firm can sell a ton of steel for $500 a ton and it has an average variable cost of $400 a ton, and the marginal
Lena [83]
<span>If a competitive firm can sell a ton of steel for $500 a ton and it has an average variable cost of $400 a ton, and the marginal cost is $600 a ton, the firm should reduce its output. The reason for the reduction of output is the marginal cost it will have. The marginal cost exceeds the selling price of the product which is a bad sign for the company.</span>
8 0
3 years ago
based on rankings by forbes in 2003, the second-largest source country of multinational enterprises was .
Harlamova29_29 [7]

based on rankings by forbes in 2003, the second-largest source country of multinational enterprises was Japan.

What is multinational enterprises?

A corporate entity that owns and manages the production of goods or services in at least one nation other than its own is referred to as a multinational firm. Coca-Cola, Unilever, Pepsi, Starbucks, McDonald's, BMW, Suzuki, Samsung, etc. are a few instances of international corporations.

Therefore,

based on rankings by forbes in 2003, the second-largest source country of multinational enterprises was Japan.

To learn more about multinational enterprise from the given link:

brainly.com/question/494475

6 0
1 year ago
Other questions:
  • (Chapter Supplement) Irish Industries purchased a machine for $65,000 and is depreciating it with the straight-line method over
    9·1 answer
  • Bluebird mfg. has received a special one-time order for 15,000 bird feeders at $2.50 per unit. bluebird currently produces and s
    6·1 answer
  • Cameron really likes his new roommate, tom. tom is clean, always picks up after himself, and pitches in when it is time to cook
    12·1 answer
  • In 2012, hurricane sandy caused massive destruction to the northeast united states. tens of thousands of people lost their homes
    7·1 answer
  • Which of the following statements is CORRECT? a. In the statement of cash flows, a decrease in inventories is subtracted from ne
    6·1 answer
  • Kim works for a clothing manufacturer as a dress designer. She travels to New York City to attend five days of fashion shows and
    7·1 answer
  • Park Corporation issued 10-year bonds with a face value of $10,000,000. The face rate of interest on the bonds was 8%, and Park
    11·2 answers
  • According to conflict theorists, schools:
    5·1 answer
  • Larsen Company adds materials at the beginning of the process in Department 2. Data concerning the materials used in May product
    8·1 answer
  • How does Samsung share its knowledge within the Samsung organization,
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!