If the $1,000 was deposited in four payments of $250 each at the end of years 1, 2, 3, and 4, the total future value of the investment at the end of year 4, based on 8 annual compounding, would be $1,115.72.
Assuming an annual interest rate of 8% compounded annually, the future value of a lump-sum investment of $1,000 made at the beginning of year 1 would be:
[tex]FV = PV \times (1 + r)^n = $1,000 \times (1 + 0.08)^4 = $1,360.49[/tex]
Now, suppose that the $1,000 was deposited in four payments of $250 each at the end of years 1, 2, 3, and 4. In this case, we can calculate the future value of each payment individually and add them up to get the total future value of the investment at the end of year 4.
The future value of the first payment of $250 made at the end of year 1 would be:
[tex]FV1 = PV \times (1 + r)^n = $250\times (1 + 0.08)^3 = $310.13[/tex]
The future value of the second payment of $250 made at the end of year 2 would be:
[tex]FV2 = PV \times (1 + r)^n = $250 \times (1 + 0.08)^2 = $285.22[/tex]
The future value of the third payment of $250 made at the end of year 3 would be:
[tex]FV3 = PV \times(1 + r)^n = $250\times (1 + 0.08)^1 = $270.37[/tex]
The future value of the fourth payment of $250 made at the end of year 4 would be:
[tex]FV4 = PV \times (1 + r)^n = $250 \times (1 + 0.08)^0 = $250[/tex]
Adding up the future values of all four payments, we get:
Total FV = FV1 + FV2 + FV3 + FV4 = $310.13 + $285.22 + $270.37 + $250 = $1,115.72
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You would have $1,126.95 in your account at the end of year 4. If you deposited $1,000 in 4 payments of $250 each at the end of years 1, 2, 3, and 4, and assuming an annual interest rate of 8% compounded annually.
The calculation would be as follows:
At the end of year 1, you would have $250 in the account.
At the end of year 2, the $250 deposit from year 1 would have grown to:
$250 * (1 + 0.08) = $270
You would also have an additional $250 deposit from year 2, giving you a total of $520 in the account.
At the end of year 3, the $520 in the account would grow to:
$520 * (1 + 0.08) = $561.60
You would also have an additional $250 deposit from year 3, giving you a total of $811.60 in the account.
At the end of year 4, the $811.60 in the account would grow to:
$811.60 * (1 + 0.08) = $876.95
You would also have an additional $250 deposit from year 4, giving you a total of $1,126.95 in the account.
Therefore, you would have $1,126.95 in your account at the end of year 4.
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What careers are in the Information Support and Services career pathway of the IT career cluster? (15 points for you)
Question 1 options:
graphic artists, painters, artists
broadcasters, journalists, writers
help desk specialists, PC support specialists
Sandia Inc. Wants to acquire a $360,000 computer-controlled printing press. If owned, the press would be depreciated on a straight-line basis over 10 years to a book salvage value of $0. The actual cash salvage value is expected to be $25,000 at the end of 10 years. If purchased, Sandia will incur annual maintenance expenses of $3,000. These expenses would not be incurred if the press is leased. If the press is purchased, Sandia could borrow the needed funds at an annual pre-tax interest rate of 10%. The lease rate would be $48,000 per year, payable at the beginning of each year. If Sandia has an after-tax cost of capital of 12% and a marginal tax rate of 40%, what is the net advantage to leasing? a.$65,543 b.$57,173 c.$37,737 d.$60,713
Answer:
c.$37,737
Explanation:
Present value of Cost of Buying = The Cost of Press + [(Post Tax annual maintenance expenses - Annual Depreciation Tax shield)*PVIFA (6%,10)] - [Post tax Salvage Value*PVIF (12%,10)]
PV of Cost of Buying = 360000 + (3000*(1-40%)-360000/10*40%)*7.360 - 25000*(1-40%) * 0.322
PV of Cost of Buying = $262,434
Present value of Cost of Leasing = Post tax Lease Payment at the Beginning *(1+PVIFA(6%,9))
PV of Cost of Leasing = $48000*(1-40%)*(1+6.802)
PV of Cost of Leasing = $224,697
Net advantage to leasing = PV of Cost of Buying - PV of Cost of Leasing
Net advantage to leasing = $262,434 - $224,697
Net advantage to leasing = $37,737
Which of these is NOTa concern for consumers in times of inflation? a.They cannot anticipate the cost of goods and services. b.They lose money on their investments and savings. c.They are at a disadvantage when paying back borrowed money. d.They struggle when they are on a fixed income.
Answer:
c.They are at a disadvantage when paying back borrowed money.
Explanation:
In any economics of a country, inflation may be defined as the fall of the value of the money or currency of a country over a period of time. In inflation, the general price level increase and the value of money decreases.
Due to inflation, with each currency unit, less of goods or services can be bought. In inflation, the consumers are not concern about the disadvantage when they pay back the money that they borrowed because the value of the money decreases. Money decreases its value but the demand of goods and services increases in the economy.
write a real life experience that illustrates the process of recruiting, selecting, and training employees.
Answer:
Being an astronaut
Explanation:
Drag the tiles to the correct boxes to complete the pairs.
Match the different types of incomes to their sources.
Answer:
interest = the amount earned on bonds or savings accounts
capital gains = the profit earned from selling a financial asset
dividend = the amount of money paid to share holders of a company
Explanation:
A capital gain is a financial term that is most often captured on tax returns when money is made above the face value or declared value of an asset or property that is sold.
When an individual 'purchases' a bond or places money into a savings account, that money is held in an "interest" baring account or grows over time. Savings account: A percentage is paid for holding those funds in a savings account based on the amount held. The financial institution where the funds are held, pays the owner a fee for use of said money that it is held. Those funds are called "interest" and are collected by the owner of those funds. A bond is typically purchased at a reduced face value amount. If the bond is held for a stated amount of time, the bond value reaches maturity after that time. Those gains are called interest and are typically captured on a 1099i form for tax purposes.
A dividend is a profit paid to a stockholder or investor of a company/business entity. Typically those funds are paid when a threshold of profits are reached by that company/business entity. Typically a dividend is captured on a 1099d form for tax purposes.
Answer:
interest = the amount earned on bonds or savings accounts
capital gains = the profit earned from selling a financial asset
dividend = the amount of money paid to share holders of a company
Explanation:A capital gain is a financial term that is most often captured on tax returns when money is made above the face value or declared value of an asset or property that is sold.
When an individual 'purchases' a bond or places money into a savings account, that money is held in an "interest" baring account or grows over time. Savings account: A percentage is paid for holding those funds in a savings account based on the amount held. The financial institution where the funds are held, pays the owner a fee for use of said money that it is held. Those funds are called "interest" and are collected by the owner of those funds. A bond is typically purchased at a reduced face value amount. If the bond is held for a stated amount of time, the bond value reaches maturity after that time. Those gains are called interest and are typically captured on a 1099i form for tax purposes.
A dividend is a profit paid to a stockholder or investor of a company/business entity. Typically those funds are paid when a threshold of profits are reached by that company/business entity. Typically a dividend is captured on a 1099d form for tax purposes.
HELP ME PLEASEE!! ILL GIVE CROWN!!!
which of the following should credit be used for?
A. small things you want
B. large things you need and that you can repay over time.
C. money that you can never afford to repay.
D. purchasing things you want so you dont have to save.
Answer:
B
Explanation:
Credit should be used for large things that you can't afford at the moment but over time will be able to repay (like bills). You should never purchase things that are too expensive for you to repay (within a year.)
what is the differences and similarities between rental goods services and non goods services
Answer and Explanation:
Rented-Goods Services are represented by retailom where consumers can own a good, or use a service for a specified time. As an example of this, we can mention hotel rooms, ski clothes, cars, houses, among others.
Nongoods Services are also represented by retail, but it presents personal services, where consumers can try them, judge them and then decide if they want to own them.
What would Jamie Lee's financial liability have been had she waited more than two days to report the debit/ATM card lost or stolen
Explanation:
If Jamie notifies the bank within 2 days of the lost card , her liability for unauthorized would be $50.
Jamie Lee's as the account holder is financially responsible for any form of transfers or withdrawals that has or will be made from their accounts and until He report the theft, he will be liable to all withdrawals.
What is a Checking Account:A checking account is known to be a kind of bank account that is often used by people as a deposit account.
The usual amount deposited by them in this account is known to be used for paying bills and other form of purchases.
Base on the fact above, Jamie Lee's would be liable for his financial liability because she had waited for more than two days to report her debit/ATM card lost or stolen and as such any theft that happen within those two days on her account is her fault.
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The risk-reward relationship says:
Why would My future job be a flight attendant
Answer:
if you like to travel and be on planes and get that bag then be a flight attendant :) do what you want to!
Explanation:
____ reading will increase your focus and concentration, help you understand the reading, and prepare you to study.
Answer:
Active.
Explanation:
Active reading can be defined as a process which typically involves an individual being focused on his or her study. It is aimed at acquiring knowledge and understanding of a particular subject or topic without distractions.
Hence, active reading will increase your focus and concentration, help you understand the reading, and prepare you to study.
Por que se dice que emprender suele ser una decisión muy difícil quien la toma sabe que esta renunciando a la estabilidad que otorga un salario
Answer:
porque se dice que quiero tomar el siguiente
HELP PLEASE!!!
what is the outcome when a person defaults on a home loan?
A. the person goes to jail.
B. the bank will make the person work a second job.
C.the bank will take the person's car.
D.the bank will foreclose on the home.
Answer:
D.the bank will foreclose on the home.
Explanation:
The bank may even sue and garnish wages and financial accounts. The bank may even serve a conversion of accetts.
difference between moa and aoa?
Answer:
AOA is a set of rule and regulations to govern the company's working. 2. MOA defines objectives, powers and constraints of the organization as a whole. AOA describe powers, duties, rights and liabilities of individuals associated with the organization (like members of the Board of Directors).
Explanation:
i hope i helped <3
Facts about the chip category obtained from AC Nielsen are?
syndicated data.
survey data.
questionnaire data.
primary data.
experimental data.
Answer:
Explanation:
Then what is the question
The markets for prostitution in Nevada and New Jersey have two important differences: 1) prostitutes in New Jersey face higher costs because of government efforts to prosecute them and 2) customers in New Jersey face higher risks of contracting diseases from prostitutes because the illegal nature of the business makes reliable information about product quality much more costly to obtain. Given these facts, which state would you expect the price of prostitution services to be higher? Why? Which state would have the higher amount of services consumed (adjusted for population differences)? Why? What are the underlying economic issues of this market?
Answer:
Given these facts, which state would you expect the price of prostitution services to be higher? Why?
Since the risks associated to prostitution are higher in New Jersey, we could assume that the price for these services will be higher there. The supply curve of prostitution shift to the left, increasing the price and decreasing the quantity.Which state would have the higher amount of services consumed (adjusted for population differences)? Why? What are the underlying economic issues of this market?
Since the price is higher in New Jersey, the quantity demanded will be lower. Also, the risks associated to consuming the service will shift the demand curve to the left, reducing the quantity.{"name":"user.normal.authorize","uri":"http:\/\/legacy-api.us.market.zdn\/api\/{version}\/api_account\/deprecated_authorize","protocol":"legacy"},{"name":"user.fb.authorize","uri":"http:\/\/legacy-api.us.market.zdn\/api\/{version}\/api_account\/deprecated_authorize_fb","protocol":"legacy"},{"name":"user.fb.register","uri":"http:\/\/legacy-api.us.market.zdn\/api\/{version}\/api_account\/deprecated_register_fb","protocol":"legacy"},{"name":"user.fb.merge","uri":"http:\/\/legacy-
Answer:
what do you need help with?? we dont see anything
Explanation:
Answer:
?
Explanation:
If LLC members have engaged in fraud or other bad conduct, a court may rely on ______ as the rationale to require members to compensate damaged parties.
brief explain difference between moa and aoa ?
Answer:
The MOA (Memorandum of Association) describes the powers and objects of the company, the AOA (Article of Association) defines its rules and the AOA (Articles of Association) is subordinate to the memorandum.
equity shareholders are called what
Answer:
owners
Explanation:
Shareholders' equity represents the amount invested by the owners of a company in the business by either retaining earnings over time or by investing money in it. The shareholders' equity is a form of a company's net assets. Equity shareholders are also known as Equity Stockholders.
The equity shareholders of a company are called its owners.
what percentage of CTE learners enroll in post secondary education?
Answer:
10th-grade public school students in 2002 who were CTE concentrators in high school, 72 percent enrolled in postsecondary education by 2006, or two years after their expected year of high school graduation, and 84 percent enrolled by 2012, or eight years after their expected year of high school graduation.
Answer:
75% – Percentage of high school students concentrating in a CTE discipline who pursue post-secondary education 43% – Percentage of young workers holding a CTE-related license or certificate who earn more than those holding an associate degree
Explanation:
In what type of economy do individuals and firms determine what will be produced?
Mixed
Traditional
Market
Command
Answer:
market
Explanation:
A self-employed psychologist treats clients in an office in his own house. What must the psychologist do with his house in order to best serve clients?
build extra rooms for client treatment
keep the house clean and private
buy snack foods for the kitchen
have a large television
Answer:
keep the house clean and private.
Explanation:
I know someone who does exactly this. Also, by keeping certain parts of the house either exclusively or predominantly for business, he can write that square footage off in taxes.
Answer:
Its B
Explanation:
All of these statements apply to effective decision makers except:
A. They take risks based on intuition and gut feelings
B. They are flexible and resourceful
C. They rely on personal ‘scripts’ that help them manage how to act and react
D. They recognize that the same solution may not apply to similar situations
Determining Liquid Assets and Current Liabilities. Based on these items, what is the total of the (a) liquid assets and (b) current liabilities?
Checking account balance $860
Retirement account balance $57,000
Credit card balance $117
Coin collection $450
Savings account balance $2,675
Current student loan payment due $220
Investment account balance $8,000
Mortgage $178,000
When your tire blows out in the middle of a drive, you should
get out of the car and change it
An oligopoly is a market structure in which a large number of firms dominate the market. T or F
Answer: F
Explanation:
An oligopoly is a market structure in which a large number of firms dominate the market.
An oligopoly is a market structure in which a large number of firms dominate the market. FALSE.
Lilliput's aggregate income in 2015 was $48,002,000,500. Suppose the population of Lilliput was 20,100,500 in 2015, of which 16,086,000 people were employed. Therefore, Lilliput's income per capita in 2015 was $nothing. (Round your answer to two decimal places.) Suppose the aggregate income of Lilliput was $6.5 billion in Q1:2016, $5.2 billion in Q2:2016, $5.4 billion in Q3:2016, and $5.9 billion in Q4:2016. Lilliput ▼ suffered didn't suffer from a recession in 2016. Lilliput's yearly unemployment rate for 2016 is likely to be ▼ greater thangreater than not significantly different fromnot significantly different from lesser thanlesser than the previous year's value.
Answer: See explanation
Explanation:
1. Lilliput's income per capita in 2015 will be calculated as:
= Income / Population
= $48,002,000,500 / 20,100,500
= $2388
2. Suppose the aggregate income of Lilliput was $6.5 billion in Q1:2016, $5.2 billion in Q2:2016, $5.4 billion in Q3:2016, and $5.9 billion in Q4:2016. We can say that Lilliput (suffered) from a recession in 2016. This is because there was a fall in the aggregate income from the first quarter which was $6.5 billion to $5.4 billion in the second quarter
3. Lilliput's yearly unemployment rate for 2016 is likely to be (greater than) the previous year's value.
List the type of banking service each consumer would be most likely to use. Explain your answer.
a. A person planning to open a fitness center
b. A musical group
c. wealthy senior citizen
d. A buyer of a van
e. A high school recycling club
Matt works part-time and is paid $6.75 per hour. Determine Matt's gross pay (hours worked x hourly rate of pay) for last week when he worked 20.25 hours. Round your answer to the hundredths place.
Answer:
Matt's gross pay (hours worked x hourly rate of pay) for last week when he worked 20.25 hours is equal to $136.69
Explanation:
Per hour amount paid to Matt = $6.75
Total number of hours worked by Matt = 20.25
To find Gross pay, multiply hours worked and hourly rate of pay.
Therefore,
Matt's gross pay (hours worked × hourly rate of pay) for last week when he worked 20.25 hours [tex]=20.25(6.75)=\$136.6875[/tex] ≈ $136.69