What is the future value of a 5-year ordinary annuity with annual payments of $ 1,102. evaluated at a 14.86 percent interest rate? Enter your answer to the nearest $.01. Do not use $ or, signs in your answer. Enter your answer as a positive number.
Answers
The future value of the annuity is approximately $7,227.36.
The future value of a 5-year ordinary annuity with annual payments of $1,102, evaluated at a 14.86 percent interest rate, can be calculated using the future value of an ordinary annuity formula:
Future Value = Payment x [(1 + Interest Rate)^Number of Periods - 1] / Interest Rate
Plugging in the values:
Payment = $1,102
Interest Rate = 14.86% = 0.1486
Number of Periods = 5
Future Value = $1,102 x [(1 + 0.1486)^5 - 1] / 0.1486 ≈ $7,227.36
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Related Questions
Investing activities are affected by changes in current liabilities. O changes in long-term assets. O changes in current assets. O changes in equity accounts.
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Investing activities are not affected by changes in current liabilities. Instead, they are affected by changes in long-term assets. Investing activities is a section of the statement of cash flows that shows the cash inflows and outflows from purchasing and selling long-term assets like property, plant, and equipment. What are investing activities?
Investing activities involve the purchase and sale of long-term assets such as property, plant, and equipment. Investing activities also include buying and selling long-term investments, such as stocks and bonds, as well as lending money and collecting on the loans.
Investing activities are part of the statement of cash flows, which is one of the three main financial statements of a company.
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write an equation for a cost function where the fixed costs are $2100 and the variable costs are $20 per unit.
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An equation for a cost function is C(x) = 2100 + 20x.
The equation for a cost function where the fixed costs are $2100 and the variable costs are $20 per unit is as follows:
C(x) = 2100 + 20x
Where C(x) is the total cost of producing x units of a product. The fixed costs of $2100 are added to the variable costs of $20 per unit multiplied by the number of units produced, x.
This equation represents the total cost of production for a business that has fixed costs that do not change with the number of units produced, such as rent, insurance, and salaries. Variable costs, on the other hand, increase with the number of units produced, such as raw materials, labor, and utilities.
Understanding the cost function is essential for businesses to determine the most efficient production levels that will maximize profits. It helps managers to calculate the total cost of production and analyze the relationship between costs and production levels to make informed decisions. By using this equation, businesses can calculate their total cost and make informed decisions about pricing and production levels.
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Define demand and supply
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If the government gives a $300 tax cut to everyone in the country, explain the mechanism by which this will cause interest rates to rise.
Answers
A $300 tax cut for everyone can raise demand, causing inflation, leading to an increase in interest rates by the Federal Reserve to reduce spending, control inflation, and lower demand.
How does a $300 tax cut lead to increased interest rates?When the government gives a $300 tax cut to everyone, it increases the amount of disposable income available to people, which in turn increases demand for goods and services. As demand increases, businesses may respond by raising prices, which can lead to inflation.
To combat inflation, the Federal Reserve may increase interest rates, making borrowing more expensive and reducing spending, which slows down demand and inflation. Therefore, the tax cut can indirectly cause interest rates to rise through the impact on inflation and monetary policy.
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Attitude is your belief in your own effectiveness.
Т
F
Answers
Answer:
f
Explanation:
this mf emmanuel made me get it wrong. its false bro trust
explain two types of price discrimination. discuss the ways that both the consumers and suppliers benefit
Answers
Price discrimination may enable a firm to produce more and benefit from economies of scale, lowering costs and prices across the board. Price discrimination may allow a company to drive competitors out of a less elastic market.
Some customers may be able to purchase something they could not otherwise elastic market.. Companies benefit from price discrimination because it can entice consumers to buy more of their products or motivate otherwise uninterested consumer groups to buy products or services. produce discrimination can be classified into three types: first-degree, second-degree, and third-degree. These degrees are also known as personalised pricing, product versioning or menu pricing, and group pricing.
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Find the equivalent interest rates to the given nominal interest rates.
a. Nominal interest rate compounded quarterly that is equivalent to an effective interest rate of 8.5% . _____%
Round to two decimal places
b. Nominal interest rate compounded monthly that is equivalent to 8% compounded quarterly ____%
Round to two decimal places
c. Nominal interest rate compounded semi-annually that is equivalent to 7.5% compounded annually ____%
Round to two decimal places
Answers
a. To find the equivalent interest rate, use the formula: (1 + r/n)^(n*t) = (1 + i)
Where r is the nominal interest rate
n is the number of compounding periods per year
t is the number of years, and i is the effective interest rate.
In this case, the nominal interest rate is 8.5%, and it is compounded quarterly.
Therefore, we have:
(1 + 0.085/4)^(4*t) = (1 + 0.085)
(1 + 0.02125)^4 = 1.085
1 + 0.02125 = 1.085^(1/4)
0.02125 = 1.085^(1/4) - 1
0.02125 = 0.0209721
Therefore, the equivalent interest rate is approximately 2.10%.
b. Using the same formula, we can find the equivalent interest rate for a nominal interest rate of 8% compounded quarterly:
(1 + 0.08/4)^(4*t) = (1 + 0.085)
(1 + 0.02)^4 = 1.085
1 + 0.02 = 1.085^(1/4)
0.02 = 1.085^(1/4) - 1
0.02 = 0.0199501
Therefore, the equivalent interest rate is approximately 2.00%.
c. Similarly, for a nominal interest rate of 7.5% compounded annually, we have:
(1 + 0.075/1)^(1*t) = (1 + 0.085)
(1 + 0.075)^t = 1.085
t * log(1.075) = log(1.085)
Solving for t gives us:
t = log(1.085) / log(1.075)
t = 2
Therefore, the equivalent interest rate is approximately 7.5% compounded semi-annually.
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SOMEONE HELP ME PLEASE
Which sentence describes a cooperative organization?
Cohen and his friends work in a cooperative organization.
They own and control the functions of the organization.
Their sole motive is to gain profit.
They can trade their stocks in the financial market.
Answers
The statement "They own and control the functions of the organization" best describes a cooperative organization.
A cooperative is when two or more people come together to form an organization or form a business that is democratically run and managed by them alone. This means that it is a united effort by the individuals involved to run a business.
Cooperatives may vary according to the needs and wants of the individuals. But at the same time, the rules and other policies can also be changed to suit the need of the members.Cooperatives represent a much better form of unity and accomplishments, especially for lesser known individuals or less powerful members of the society.Such individuals may be farmers, workers, individual producers, etc. who would unitedly work to accomplish common goals and beliefs.Thus, the correct answer is the second option.A cooperative organization, in short, can be best stated as the unified union or gathering of various individuals with different expertise or dreams with the aim to achieve success. They share the responsibilities among themselves and also control the functions of the organizations equally.
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'Cooperative Organization' is characterized as the 'organization that is either partially or wholly owned and regulated by its employees, customers, or tenants.'
The sentence that appropriately describes such an organization would be:
B). They own and control the functions of the organization.
In a cooperative organization,
The people willingly come forward to accomplish their common needs including various economic, communal, and cultural needs. To serve these purposes, these people collectively own an enterprise/company whose goods and services are used by them only. Each member carries equal power and rights in such an organization Agriculture, utilities, Insurance, Healthcare, etc. are some of the illustrations of such organizations.Learn more about 'Cooperative organization' here:
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What are the advantages of using social media to evaluate candidates during a job search? Check all that apply. Employers can learn more about a candidate's character. Social media makes it possible to skip the interview process. It allows an employer to discover whether a candidate may be reliable. It helps an employer determine whether a candidate may offend others. Social media can help to weed out candidates who are not a good fit. Employers can determine with total accuracy whether a candidate can do the job.
Answers
Part A. Employers can learn more about a candidate's character.
Part B. When It authorizes an employer to discover whether a candidate may be reliable.
What are the advantages of Social Media?The benefit from a social media post of a job opening. Also, As interested individuals seek out more information regarding the job opportunity, Then your social media page gets more engagement.
Part A. Employers can learn more about a candidate's character.
Part B. It authorizes an employer to discover whether a candidate may be reliable.
Part C. When It supports an employer determine whether a candidate may offend others.
Part D. When The Social media can supports weed out candidates who may not be a good fit.
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Answer: A,C,D,E
Explanation: edge2023
i have my first job interview in 4 days at a frozen yogurt shop. anyone with a job please tell me what to wear / how to answer common questions pls
Answers
Answer:
Be yourself
Explanation:
Don't panic about this! I'd go with casual formal, maybe some jeans and a nice shirt?
Make eye contact a lot and always answer honestly. Goodluck! I hope you get the job <3
Prepaid expenses require what type of adjusting entry? Question options: Matched Accumulated Accrued Deferral
Answers
Answer:
deferral
Explanation:
Adjusting entries are when changes are made to already recorded journal entries.
Categories of adjusting entries :
accrued revenuesaccrued expensesunearned revenuesprepaid expensesdepreciation.Prepaid expenses are payments made for services yet to be delivered.
For example, paying for a year's worth of subscription on your streaming service
Prepaid expenses is an example of deferred payment, so the adjustment should be a deferral
A specific unit or dollar limit set by a country to foreign products entering is called a ____
Answers
A specific unit or dollar limit set by a country to restrict the entry of foreign products is called a quota.
Quotas are a trade barrier imposed by governments to limit the quantity or value of imported goods or services. They are typically implemented to protect domestic industries, regulate trade flows, or address trade imbalances. Quotas can be set on a specific product, industry, or country, and they establish a maximum limit for imports during a given period. Once the quota is reached, no additional goods can be imported, unless the quota is increased or modified. Quotas are one of the various measures used in international trade to regulate and control the flow of goods across borders.
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An investor whose highest priority is getting the largest gains possible, even if
it requires a lot of risk, would most likely invest in ________.
A. Hedge funds
B. Bonds
C. Mutual funds
D. Saving accounts
Answers
The investor whose highest priority is getting the largest gains possible would invest in hedge funds. (option A)
What are hedge funds?Hedge funds are alternative investments that pool the financial resources of different high net worth people together in order to invest in different ventures. Hedge funds are known to invest in different risky and illiquid investments. This increases the rate of their returns relative to other options.
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Questions u could ask someone in an interview about fundraising ideas
Answers
what type of fundraising ideas would you recommend?
where/how would you approach people at a fundraiser?
have you ever experienced a fundraiser?
have you ever organized a fundraiser?
what ideas can you bring to the table?
Pablo runs a small car washing business in his neighborhood on the weekends. This
past weekend, Pablo earned $284. Prior to opening his car wash, he needed to stock
up on soap, sponges, and towels which cost him $46. He also had his son help him
with the car washing and paid him $25 for his help. What was Pablo's net income for
this past weekend?
Answers
$213
Gross is the total amount earned before expenses, net is the amount earned after expenses.
We must subtract the amount of money earned by the amount of money spent. 71-284=213
You are assigned to work with two other classmates to complete a class assignment. One of the classmates is not completing their work. What are three ways that you could solve this problem
Please help me fast
Answers
Answer:
1. you could ask them if they understand what to do and if they need help.
2. you could tell the teacher that they are not doing the work
3. i dont know what else
If the labor force is 1000 workers, but 32 are unemployed, what is the unemployment percentage?
Answers
3.2% is the unemployment percentage, if the labor force is 1000 workers, but 32 are unemployed.
What is the reason of unemployment?Unemployment is influenced by a lot of circumstances on both the demand and supply sides. Rising interest rates, a global recession, and a banking meltdown may all contribute to demand-side decreases. Underemployment and structural employment have a big impact in the supply side.
Thus, it is 3.2 percent.
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When a bank says their savings account earns 1% interest, that typically means you will earn 1% interest over what period of
time (Note: this is not referring to the compounding frequency or frequency of interest payment)?
Answers
Answer:
one year
Explanation:
The interest rate quoted by banks and other financial institutions applies for one year. Money deposited will earn the interest rate quoted if it stays with the bank for twelve consecutive months. In other words, the interest rate is for one year. Should a customer withdraw before one year is over, the bank will prorate the interest earned.
You want to create an account for a new user, using the username thor and giving the user a uid of 2019. the command to do this is useradd _______.
Answers
You want to create an account for a new user, using the username thor and giving the user a uid of 2019. the command to do this is useradd 1926 the.
To add/create a new user, you need to specify the 'username' after the 'useradd' or 'adduser' command. "Username" is the user login name that the user uses to log into the system. You can add only one user, her, and this username must be unique (distinct from other usernames already in the system).
Type useradd -h or useradd --help at the command prompt to answer the questions. No home directory is created, regardless of system settings.
Note that useradd will not create home directories for such users, regardless of the default settings in /etc/login. defs (CREATE_HOME). The -m option must be specified when creating home directories for system accounts.
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Which of the following was not one of Reagan's four major policy objectives during his presidency?
A.reduce government regulation
B. reduce federal income tax and capital gains
C.reduce growth of government spending
D.reduce the rising taxes for middle-class citizens
E.reduce inflation by controlling growth of the money supply to reduce inflation
Answers
Answer: D.reduce the rising taxes for middle-class citizens
Explanation:
During the tenure of President Ronald Reegan when he was the president of the United States,he promoted some economic policies which were often referred to as Reaganomics.
These policies include:
A.reduce government regulation
B. reduce federal income tax and capital gains
C.reduce growth of government spending
E.reduce inflation by controlling growth of the money supply to reduce inflation
It should be noted that option D "reduce the rising taxes for middle-class citizens" isn't among the policies put forward by Reegan.
It costs $2,500 to send an employee to a three-day seminar. The information obtained at this seminar should allow the employee to increase their sales success rate by 1%. The employee has a success rate of 3% of converting a call into a sale. The employee makes five calls per day Mon through Fri for 50 weeks per year. If each sale is $2,000, what would be the increase in sales dollars be by attending this seminar?
Answers
Answer:
$25,000
Explanation:
success rate without attending the seminar = 3% x 5 calls per day x 5 days per week x 50 weeks per year x $2,000 sale = $75,000
success rate after attending the seminar = 4% x 5 calls per day x 5 days per week x 50 weeks per year x $2,000 sale = $100,000
the increase in sales dollars due to the increase in productivity (after attending seminar) = $100,000 - $75,000 = $25,000
Which of the following are automatically withheld from paychecks?
Answers
PLEASE HELP ME I WILL GIVE BRAINLIEST
Answers
Answer:
a supply chain managers. thanks
quick will give brainliest Bank A has a liquidity ratio close to 30 percent. This ratio will most likely _____.
not affect the bank’s run-off rate
cause a higher than acceptable run-off rate
cause a lower than acceptable run-off rate
Answers
Quick will provide the smartest The liquidity ratio for Bank A is almost 30%. The bank's run-off will probably not be impacted by this ratio.
Quick ratio is a ratio of liquidity?In order to determine a company's ability to meet its immediate financial obligations, analysts and investors use liquidity data called the quick and current ratios.The current ratio is calculated by dividing current liabilities by current assets.The quick ratio only considers highly liquid assets or cash equivalents as current assets.
What is a decent quick ratio?If the company's assets can be turned into cash extremely fast, a ratio of less than 1.5 is less problematic. Although a current ratio of three or four may indicate financial health, it also raises questions about whether a corporation is ineffective at investing the money it does have.
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discuss the implications of interest rate parity for exchange rate determination
Answers
The implications of interest rate parity for exchange rate determination is mentioned below.
The basic formula governing the correlation between interest rates and currency exchange rates is known as interest rate parity (IRP). Interest rate parity's fundamental tenet is that hedged returns from investments in several currencies should be the same, regardless of how high or low those currencies' interest rates are.
An economy with higher interest rates provides lenders with a larger return compared to other nations. As a result, higher interest rates draw in foreign investment and drive up the value of the currency.
A theory based on interest rates called interest rate parity (IRP) describes the link between the current spot exchange rate and the anticipated spot rate or forward exchange rate of two currencies.
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Which of the following would the social security tax pay for? a health insurance b pensions for the elderly and disabled that qualified c vacations d education
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how has smartphones product changed the way business is conducted? What business innovations have occurred as a result of this product being offered?
Answers
answer amd explanation: i think smartphones are a distraction.
lokking for brainly member ystuckey
Answers
Courtney is a senior in college and just started her first job as a sales associate. At her new job, she expects to make about $24,000 per year. She is excited to receive her first paycheck, which is given twice a month. Courtney learns that 15% of her gross pay will be withheld for federal income tax, 4% for state income tax and 6% for Social Security and Medicare taxes. Help Courtney figure out what her take home, or net pay is, and how much she will pay in taxes each paycheck.
State:
Social Security and Medicare:
Answers
Answer:
Take home $750
Taxes =$250
Explanation:
Courtney earns $24,000 per year. She is paid twice per month. One year has 12 months. Courtney will be paid 24 times a year.
Courtney will be paid $24,000/ 24 times per paycheck
=$1000
Her deductions will be
1. Federal income tax 15% of 1000
=15/100 x $1000
=$150
2. State income tax
=$4% of 1000
=4/100 x 1000
=$40
3. Social security and medicare
=6% of 1000
=6/100 x 1000
=$60
take home will be gross pay - total deductions
=$1000-($150+$40+$60)
=$1000 -$250
=$750
Total taxes per pay check =$250
luke takes temporary family leave from his job at metal works corporation to arrange for childcare and deal with financial and legal matters when naomi, his spouse, a u.s. marine on active duty, is deployed overseas. on luke’s return from the leave, metal works must
a. do nothing.
b. reimburse him for his expenses while on leave.
c. promote him to the status of a key employee.
d. restore him to his same position or a comparable position
Answers
Option D is correct, On Luke's return from the leave, the metal works corporation must restore him to his same position or a comparable position.
This is true according to California Labor Code 2922's definition of "at-will" employment for all state employees. The employer or you have the right to terminate your "at-will" employment at any moment, with no prior notice or other requirements.
The company is not permitted to use union membership as a factor in hiring decisions when employees must be let go. The prohibitions against discrimination cover hiring practices as well. Certain union activities are considered unfair labor practices according to the Labor-Management Relations Act.
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