Pearl Medavoy will invest $7,990 a year for 19 years in a fund that will earn 10% annual interest Click here to view factor tables If the first payment into the fund occurs today, what amount will be in the fund in 19 years? If the first payment occurs at year end, what amount will be in the fund in 19 years? (Round factor values to 5 decimal places, eg. 1.25124 and final answers to 0 decimal places, eg.458,581)
a. First payment today ____________$
b. First payment at year-end __________ $

Answers

Answer 1

Answer:

a.$449,637

b.$408,761

Explanation:

Future value of first payment today or first payment at year-end can be calculated by multiplying the present value by the cumulative FV factor of 10% for 19 years of an annuity due and for 19 years of ordinary annuity respectively.

Future value of first payment today = $7,990 * Cumulative FV factor at 10% for 19 years of annuity due

Future value of first payment today = $7,990 * 56.275

Future value of first payment today = $449,637

Future value of first payment at year-end = $7,990 x Cumulative FV factor at 10% for 19 years of annuity

Future value of first payment at year end = $7,990 x 51.15909

Future value of first payment at year end = $408,761


Related Questions

Can anyone help me
What is more important than ability in making a good employee?
A. Education
B. Integrity
C. Family history
D. Salary

Answers

It’s either A or B I think

The more important than ability in making a good employee is the  education. Thus, option (a) is correct.

What is employee?

The term employee refers to the work in the company to earn the money. The employee is the provided the services to the company with exchange of the salary. The employees are the work with the unity are the increased the wealth of the company.

According to the employee, are the significant ability to the education. The education refers to the gaining knowledge and learning the new things. The person can earn money as they need to education. The education is level wise and based on capacity of the revised knowledge of the student. The education is included a basic necessity of the people.

As a result, the more significant than ability in making a good employee is the education. Therefore, option (a) is correct.

Learn more about on employee, here:

https://brainly.com/question/13405418

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A bond that matures in installments at regular intervals is a:_____

a. term bond.
b. serial bond.
c. periodic bond.
d. terminal bond.

Answers

Answer:

b. serial bond.

Explanation:

The serial bonds are the bond that matured the investment for a time period. In simple terms, the bond in which the maturity date is spread in a periodic manner over a time period that we called as a serial bonds

Since in the question the bond that matured the investment for a regular intervals so this represents a serial bond

Hence, the correct option is b.

Sarah is having a hard time finding a template for her advertising business that she may be able to use at a later date and also make it available to her colleagues.

Answers

Answer:

The advertising business could use Sarah's template and give it to her colleagues and sell it out to everyone.

Explanation:

She can then use the other templates for a later date and make it availbale to her colleagues whenever they need it.

A: creating a custom template

Advertising is an expenditure that ultimately must be justified in terms of its effect on sales and profits, yet most evaluations of advertising are in terms of the effects on consumer attitudes. How do you account for this apparent mismatch

Answers

Answer: Emphasis must be made on sales and profits, with the central position being how the customer perceive this goods

Explanation:

Advertisement should be aimed at improving sales and expanding the market for goods. Advertisement is not just to bring customers but also inform them on updates about products. Although customers attitude are needed, this helps the manufacturer or producer to know feedback on what the market is saying, as this cannot be ignored. Emphasis must be made on sales and profits, with the central position being how the customer perceive this goods.

The apparent mismatch is producers looking solely to what the customers are saying rather than considering profit, market expansion, sales, all surrounded by the customer as the focus

Sheridan Corp is looking to invest in a three-year bond that makes semi-annual coupon payments at a rate of 5.825 percent. If these bonds have a market price of $985.63, what yield to maturity can she expect to earn?

Answers

Answer:

The annual YTM will be = 0.063496 or 6.3496% rounded off to 6.35%

Explanation:

The yield to maturity or YTM is the yield or return that an investor can earn on the bond if the bond is purchased today and is held till the bond matures. The formula to calculate the Yield to maturity of a bond is as follows,

YTM = [ ( C + (F - P / n))  /  (F + P / 2) ]

Where,

C is the semi annual coupon payment  in case of semi annual bondF is the Face value of the bond P is the current value of the bond n is the number of semi annual periods to maturity  in case of the semi annual coupon bond

Assuming that the face value of the bond is $1000.

Coupon payment - semi annual= 1000 * 0.05825 * 6/12 = 29.125

Number of semi annual periods = 3 * 2 = 6

YTM - semi annual= [ (29.125 + (1000 - 985.63 / 6))  /  (1000 + 985.63 / 2)

YTM - semi annual= 0.031748 or 3.1748% rounded off to 3.17%

The annual YTM will be = 0.031748 * 2 = 0.063496 or 6.3496% rounded off to 6.35%

Your savings account is currently worth $1,200. The account pays 5 percent interest compounded annually. How much will your account be worth 6 years from now?

Answers

Answer:

$2,010  

Explanation:

The future value of the savings account in 6 years can be computed using the below future value formula:

FV=PV*(1+r)^n

FV=unknown future amount

PV=current worth of the savings account=$1,200

r=annual interest rate=5%

n=number of years envisaged=6

FV=$1,500*(1+5%)^6

FV=$1,500*(1.05)^6

FV=$1,500*1.3400956  

FV=$2,010  

On March 1, 2020, Parnevik Company sold goods to Goosen Inc. for $660,000 in exchange for a 5-year, zero-interest-bearing note in the face amount of $1,062,937 (an inputed rate of 10%). The goods have an inventory cost on Parnevik's books of $400,000.

Required:
Prepare the journal entries for Parnevik on (a) March 1, 2020, and (b) December 31, 2020.

Answers

Answer:

Parnevik Company

Journal Entries:

(a) March 1, 2020

Debit Notes Receivable (Goosen Inc.) $660,000

Credit Sales Revenue $660,000

To record the sale of goods in exchange for a 5-year, zero-interest-bearing note in the face amount of $1,062,937.

Debit Cost of Goods Sold $400,000

Credit Inventory $400,000

To record the cost of goods sold.

(b) December 31, 2020:

Debit Interest Receivable (Goosen Inc.) $55,000

Credit Interest Revenue $55,000

To record the interest receivable for 10 months on the note.

Explanation:

The sale of goods will be recorded net of the interest.  Interest Receivable from Goosen Inc. will be accumulated until when it is settled by Goosen Inc. at the end of the note's 5-year life.  By that time, the interest must have accumulated to $402,937 compounded yearly.

On November 19, Hayes Company receives a $15,000, 60-day, 10% note from a customer as payment on his account. What adjusting entry should be made on the December 31 year-end

Answers

Answer:  A debit to Interest receivable  at $175

               A credit  to Interest Revenue      at $175

Explanation:

Interest revenue = Principal x rate s time ( from Nov 19 - December 31st)

=$15,000 x 10% x 42/360  ( taking days in a year = 360 days )

= $175

Adjusting  Journal entry for Hayes Company on December 31st year end

Date            Account titles                         Debit        Credit

December 31st   Interest receivable       $175

                             Interest Revenue                              $175

(20) points

What could be the most likely result of Andrew offering credit facility to his customers?
A.
higher business losses
B.
lesser number of customers
C.
sell his goods below the market rates
D.
more competition
E.
customer loyalty

Answers

Answer:

you lied about the points but I'll be nice E

the first option (A)

A movie theater charges $5 per ticket and averages 300 customers each night. If prices are raised to $7 per ticket, the theater estimates that average nightly ticket sales will be $1,750. How many customers is the theater expecting to average each night with the new ticket price ?

Answers

Answer:

250

Explanation:

I did 1750 divide 7 which got me 250

If you charge/plug in your phone on a Xbox will the stuff in ur camera roll on your phone be on/in the Xbox???

Answers

Answer:

No.

Explanation:

You said if you charge, so it will only charge your phone. You aren't able to upload photos directly to an Xbox.

Although, if you are pc, you can upload a custom gamerpic easily.

(An example would be a gamerpic, you need the app in order to have a custom gamerpic because it accesses your files).

Answer:

no

Explanation:

A perfectly competitive firm should shut down immediately in order to incur only fixed costs whenever the price is

Answers

Answer:

This question is incomplete, the options are the following:

a) Higher than the average total cost.

b) Higher than the average variable cost.

c) Lower than the break-profit point.

d) Lower than the average variable cost.

And the correct answer is the option D: Lower than the average variable cost.

Explanation:

To begin with, a perfect competitive firms works in a market that has an homogeneous product as well as a lot of sellers and consumers so therefore that they are all price takers given the forces of the market and their interactions. Moreover, in the proper graphic of the perfect competition market the different cost curves and the incomes curves will show how the market behaves according to the quantities and the prices given for those quantities. So the firm will always have to shut down the production when in the graphic the price is lower than the average variable cost given the fact that from that point down the firm will not be able for cover the fixed costs.  

What were true about all the states of natures in Decision making under ignorance (hint: how likely was any one of them to happen

Answers

Answer: They would be treated equally

Explanation:

States of natures in decision making under ignorance would be treated equally, and as such they would be treated equally.

Darwin Inc.sells a particular textbook for $24. Variable expenses are $16 per book. At the current volume of 52,000 books sold per year the company is just breaking even. Given these data, the annual fixed expenses associated with the textbook total:_____

a. $416,000
b. $832,000
c. $1, 248,000
d. $1, 664,000

Answers

Answer:

$416,000

Explanation:

Darwin sells a particular book for $24

Variable expenses are $16

The current volume of book sold is 52,000 books

The first step is to calculate the unit Contribution margin

= $24-$16

= $8

Therefore the fixed expenses that is associated with the book can be calculated as follows

=52,000 × 8

= $416,000

The investor is worried that the beta of his portfolio is too high, so he wants to sell some stock C and add stock D, which has a beta of 1.0, to his portfolio. If the investor wants his portfolio to have a beta of 1.72, how much stock C must he replace with stock D

Answers

Answer: $36,000

Explanation:

First calculate the individual weights for the different stocks as this will help with the calculation of beta.

Total amount invested = 16,000 + 48,000 + 96,000 = $160,000

Stock A weight = 16,000/160,000 = 10%

Stock B weight = 48,000/160,000 = 30%

Stock C weight = 96,000/160,000 = 60%

Stock D is to be bought by replacing some of stock C which means that the weight of stock C in the new beta calculation will be exactly less than 60% by the weight of D.

Assuming the weight of d is x, beta is;

Portfolio beta = ∑(weight of stock * beta)

1.72 = (10% * 1.3) + (30% * 1.8) + ((60% - x) * 2.2) + ( x * 1)

1.72 = 0.13 + 0.54 + 1.32 - 2.2x + x

1.72 = 1.99 - 1.2x

1.2x = 1.99 - 1.72

x = (1.99 - 1.72) / 1.2

x = 0.225

Weight of stock D will be 0.225 which is how much of stock C will have to be sold.

The amount of stock C that should be replaced by D is therefore;

= 160,000 * 0.225

= $36,000

Poland Springs produces a variety of bottled water beverages, and as the market continues to show growth potential for new flavors and varieties of bottled water, the company should ________ its product lines

Answers

Answer:

Increase the depth of.

Explanation:

As the above case may be a product line can explain the variety in marketing and selection of a product and any commodity as the case may be and as the said company increases in growth, its product depth line should be increased. Therefore, a product line goal can be to maximize profits by positioning new products with the highest number of features or with the most cutting-edge individual features at the highest price point. And also you’ll be keeping a base product on sale as a lower-priced alternative

One of the benefit of this been set i.e product line; is to let potential customers know the particular product that will tend to fit their capability in many cases as the case may be in product selection.

Your goal is to earn an annual salary of $100,000 three years from now. You expect to increase your salary by 6.5 percent annually. How much do you need to earn this year if you are going to reach your goal?

a. $72,988.08
b. $82,784.91
c. $87,878.88
d. $84,363.13

Answers

Answer:

$87,878.88

Explanation:

Calculation How much do you need to earn this year

Using this formula

PV = FV/ (1 + r )^n

Where,

FV =Future Value=$100,000

PV = Present Value

r = rate of interest=6.5%

n= no of period=3 years

Let plug in the formula

PV = $100,000 / ((1 + 6.5%)^3)

PV = $82,784.91

Therefore the amount you need to earn this year will be $82,784.91

A company has fixed costs of $50,000 while manufacturing a product that has variable costs of $4 per unit and sells for $14 per unit. The break-even point is:_____

Answers

Answer:

the break even point in units is 5,000 units

Explanation:

The computation of the break even point in units is shown below:

= Fixed cost ÷ contribution margin per unit

= Fixed cost ÷ (Selling price per unit - variable cost per unit)

= $50,000 ÷ ($14 - $4)

= $50,000 ÷ $10

= 5,000 units

hence, the break even point in units is 5,000 units

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Globalization forces small businesses to compete worldwide. The result of globalization is that operation manager (OM) or owner must do which of the following to stay competitive:

Answers

Answer:

- Making sure the cost of their asset management is as low as possible

- Maximize their product delivery

- Making sure that their price of operation is efficient

- making sure price of their product is competitive

Explanation:

Due to globalization, businesses are forced to compete on foreign markets that they might not be familiar with. In such situations, lowering cost of production while maintaining the quality of their products is the best thing that they can do to maintain a healthy profit margin. This can be done by lowering the cost that they need to make maintenance of their assets and minimizing the cost they need to acquire materials.

On top of lowering cost of production, they also need to provide better services and reasonable price range for the costumers. They need to put a good customer service call along with on time delivery to keep customers happy.

The manufacturing process used to make a wide variety of highly customized products typically in small quantities as small as one is a:_____

Answers

Answer:

"Job Shop" would be the appropriate solution.

Explanation:

A workshop seems to be a small enterprise or organization that makes unique items within one person at the same time. It is a production unit that deals in tailor-made including custom-built components in limited amounts. Under that same production or manufacturing economy, a large number of products are manufactured with smaller quantities requiring a remarkable setup as well as production measures.

Which of the following is correct?

a. APC + MPS = 1.
b. APS + MPC = 1.
c. APS + MPS = 1.
d. APC + APS = 1.

Answers

Answer:

Option d is correct.

Explanation:

We know that,

Income (Y) = Consumption (C) + Savings (S)

In can be written as

[tex]Y=C+S[/tex]

Dividing both sides by Y, we get

[tex]\dfrac{Y}{Y}=\dfrac{C+S}{Y}[/tex]

[tex]1=\dfrac{C}{Y}+\dfrac{S}{Y}[/tex]

[tex]1=APC+APS[/tex]                              [tex][\because APC=\dfrac{C}{Y}\text{ and }APS=\dfrac{S}{Y}][/tex]

Since APC+APS=1, therefore the correct option is d.

Determine the market price of a $485,000, 10-year, 8% (pays interest semiannually) bond issue sold to yield an effective rate of 10%.

Answers

Answer:

Bond Price​= $424,588.28

Explanation:

Giving the following information:

Face value= $485,000

Number of periods= 10*2= 20

Interest rate= 0.08/2= 0.04

YTM= 0.1/2= 0.05

To calculate the price of the bond, we need to use the following formula:

Bond Price​= cupon*{[1 - (1+i)^-n] / i} + [face value/(1+i)^n]

Bond Price​= 19,400*{[1 - (1.05^-20)] / 0.05} + [485,000/1.05^20)

Bond Price​= 241,766.88 + 182,791.4

Bond Price​= $424,588.28

The book value per share of stock is the amount of money an investor would have to pay to purchase a share of stock in an open market. This statement is

Answers

Answer:

False

Explanation:

The book value per share of stock can be defined as a measure of the total amount of value associated with a net asset that an investor is entitled to when he or she buys a share of stock.

The book value per share of stock is a ratio of the equity gotten by an investor to the amount of outstanding shares.

Hence, the book value per share of stock is not the amount of money an investor would have to pay to purchase a share of stock in an open market. This statement is completely false.

You meet that special person and get married amazingly your spouse has exactly the same income you do $47,810 if your tax status is now married filing jointly what is your tax liability

Answers

Answer:

i think because you are married to yuor spouse i think the tax is$ 13,740

Explanation:

20 Point

Which portion of the passage indicates that Neil’s prototype product requires many more changes?

1.(Neil created a robot that works on certain commands.) 2(However, the robot freezes and dismantles itself on hearing commands it does not recognize.) 3(While the robot recognizes most commands,) 4(it sometimes confuses similar-sounding commands.) 5(Neil spent five years creating this robot and invested all his savings in it.)

Answers

Answer:

Number 2 or Number 4.

Explanation:

On number 2, the robot freezes when it doesn't recognize the command. Obvious problem. On number 4, the robot confuses similar sounding commands. Also an obvious problem.

Answer:

2

Explanation:

On December 31, 2017, Extreme Fitness has adjusted balances of $800,000 in Accounts Receivable and $55,000 in Allowance for Doubtful Accounts. On January 2, 2018, the company learns that certain customer accounts are not collectible, so management authorizes a write-off of these accounts totaling $10,000. What amount would the company report as its net accounts receivable on December 31, 2017

Answers

Answer:

Accounts receivable is $745,000

Explanation:

The company would report as net receivable, the total amount on accounts receivable minus total amount on the Allowance for uncollectible Accounts, which implies that the balance represent the amount of credit that will not be possible to collect again hence, the value represent balance on net accounts receivable.

Accounts receivable = Adjusted balance in accounts receivable - Allowance for doubtful accounts

= $800,000 - $55,000

= $745,000


Which of the following items are normally classified as current liabilities for a company that has a one-year operating cycle? (You may
select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and
double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be
automatically graded as incorrect.)
Portion of long-term note due in 10 months
Note payable maturing in 2 years.
Note payable due in 18 months.
Accounts payable due in 11 months.
FICA taxes payable.
Salaries payable.

Answers

Answer:

Portion of long-term note due in 10 months Accounts payable due in 11 months. FICA taxes payable. Salaries payable.

Explanation:

Current Liabilities are those that are to be paid within the operating cycle of a company which in this case is one year.

The current liabilities will therefore be any liabilities maturing or to be paid in a year. That includes the portion of a long term note due in 10 months, accounts payable due in 11 months and FICA taxes and Salaries payable as these should not pass a year to be paid either.

Consider the economy of Athenia. In 2018, Athenia has a GDP of $100 billion and a net national debt of $50 billion. Over the next 5 years, Athenia experiences economic growth, increasing its GDP to $120 billion in 2023. During the same 5 year period, the net national debt increases to $55 billion. Calculate Athenia's debt ratio for 2018 and 2023.

Answers

Answer:

2018 50 %

2023 45.8%

Explanation:

Calculation for Athenia's debt ratio for 2018 and 2023

Calculation for 2018 Athenia’s debt ratio using this formula

2018 Athenia’s debt ratio=2018 Net national debt/2018 GDP

Let plug in the formula

2018 Athenia’s debt ratio= ( $50 billion/$100 billion)

2018 Athenia’s debt ratio =50 %

Calculation for 2023 Athenia’s debt ratio Using this formula

2023 Athenia’s debt ratio=2023 Increase in Net national debt/2023 Increase in GDP

Let plug in the formula

2023 Athenia ‘s debt ratio ($55 billion/$120 billion )

2023 Athenia ‘s debt ratio=45.8%

Therefore Athenia's debt ratio for 2018 will be $50% and 2023 will be 45.8%

Q5. You are launching the Pakistani street food cafe. Identify the marketing mix (four p’s) -

Answers

Answer and Explanation:

According to the given scneario, the identification of the marketing mix i.e. four p's are product, price, place and the promotion

1. Product: The product is food cafe. The main thing about the food is the taste, how it looks. The product should be attractive, full of taste.

2. Price: The price of the food for each type of product should be reasonable so that everyone could afford it. Also the price is depend upon the competitor price

3. Place: The place should be very attractful so that many customers could be come. It could be in river side or lake view. Also if the cafe provides the home delivery without any charges this things would attract most of the customers

4. Promotion: The promotion of the food cafe could be done in social sites, radios, newspaper so that the public at large could know about it

Frankini has a coffee shop business he opened in the small country of Timpopo. After paying for his business license he opened the shop. Business has be increasing, but he is continually squeezed by corrupt policemen wanting bribes for protection and greedy politicians continually making new rules to extract more money from his business. Frankini’s business environment is not really supportive. What would make business in Timpopo better?

a. More international trade unions.
b. Government programs to assist the poor and needy.
c. A set of effective laws and adequate protection under those laws.

Answers

Answer: c. A set of effective laws and adequate protection under those laws.

Explanation:

Out of the options given in the question, the option that'll make business in Timpopo better is a set of effective laws and adequate protection under those laws. The set of effective laws and adequate protection would be vital in order to curb corruption in the country.

When these are out in place, the atrocities commuter by both the policemen and the greedy politicians will be curbed and this will bring about a supportive business environment.

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