Answer:
504.15 million.
Please find the detailed answer as follows:
Explanation:
Consider the following calculations. The key to solve the exercise is to apply the formula of compound interest.
Present Value = 190/(1+.18)^1 + (190 -2)/(1+.18)^2 + (190 - 2 - 2)/(1+.18)^3 + + (190 - 2 - 2 - 2)/(1+.18)^4 = 504.15 million
I’m happy to answer this question if you can give me more detail.
Answer:
Sh. 300,001.60
Explanation:
Note: <em>Missing word has been attached</em>
Particulars Amount
Annual payments 86,038
x PV Annuity due 8%, 10 periods 3.48685
Amount recorded for the leased asset 300,001.60
Answer:
Dont do it then
Explanation:
I say dont do it because you might regret doing it but if you do do it you better pray long and hard so he can forgive you for your sins.
Answer:
lost value compared to the German mark because inflation was lower in Germany
Explanation:
Inflation is a persistent rise in the general price levels
Types of inflation
1. demand pull inflation – this occurs when demand exceeds supply. When demand exceeds supply, prices rise
2. cost push inflation – this occurs when the cost of production increases. This leads to a reduction in supply. Higher prices are the resultant effect
If inflation of the currency of a country increases relative to that of another country, the value of that currency decreases