Answer:
$44,440.96
Explanation:
We must find the future value of the initial $7,900 deposit and the annuity (17 deposits of $1,200 each)
- future value of the initial deposit = present value x (1 + interest rate)ⁿ = $7,900 x 1.04¹⁸ = $16,003.95
- future value of the annuity = Payment x ([1 + interest rate]ⁿ - 1) / interest rate = $1,200 x (1.04¹⁷ - 1) / 0.04 = $28,437.01
total amount on Angela's savings account = $16,003.95 + $28,437.01 = $44,440.96
Answer:
Liabilities
Explanation:
'Liquidity' is described as the 'asset's property of being able to be sold without affecting its value or the degree to which it can be easily converted into cash.' If the liquidity ratio of a company is high, then its ability to pay off its current liabilities is high as well. Therefore, the company can pay off the debtors with immediate effect and thus, it would be able to meet its short-term financial commitments. This is the key reason for people's high investments in the companies having a higher liquidity ratio as they analyze the debt paying capability of the company first.
A company made a profit of $25,000 over a period of 5 years on an initial investment of $10,000. What is its annualized ROI?
Answer: Out of all the options shown above the one that best represents the annualized ROI is answer choice C) 30%. To solve this you first need to determine the data that will be needed to solve it. In this case the initial investment which is 10,000, the total profit: 25,000, and finally the total number of years: 5. Then we simply use the following formula: Return on Investment = (Gain from Investment - Cost of Investment)/ cost of investment. You then multiply the result by 100% and finally divide by the number of years which in this case is 5.
I hope it helps, Regards.
Answer:
The statement is: True.
Explanation:
<em>Helpful team members</em> are those who take advantage of their expertise to help the team achieve its goals faster or at least at the expected time. More than troublemakers they are problem solvers. Helpful team members act proactively, tend do be charismatic and enthusiastic, and motivate others to continue working towards a common goal.
