Answer:
The amount that has to be deposited today is $6205.63
Explanation:
The given parameters are;
The annual interest rate for the first 5 years = 4 percent
The annual interest rate for the next 4 years = 4.6 percent
The annual interest rate for the final 8 years = 5.3 percent
Let the amount deposited be X, we have;
X × (1 + 0.04)⁵ + X × (1 + 0.04)⁵×(1.046)⁴ + X × (1 + 0.04)⁵×(1.046)⁴ ×(1.053)⁸ = $30,250
X ((1.04)^5 + (1 + 0.04)^5×(1.046)^4 + (1 + 0.04)^5×(1.046)^4 ×(1.053)^8) = $30,250
X × 4.875 = $30,250
X = $30,250/$4.875 = $6205.63
The amount that has to be deposited today = $6205.63.
Answer:
FV= $1,260,205.98
Explanation:
Giving the following information:
Annual deposit= $5,250
Number of years= 35 years
Annual interest rate= 0.0947
To calculate the final value, we need to use the following formula:
FV= {A*[(1+i)^n-1]}/i
A= annual deposit
FV= {5,250*[(1.0947^35)-1] / 0.0947
FV= $1,260,205.98
Answer:
Applegate cannot use the janitor's statement in the trial since the janitor was not directly involved in the work that was being discussed in the meeting. At most, Applegate can try to use some of the information to investigate further about the issue by its own.
Explanation:
The janitor could be considered a hearsay witness, but courts usually limit their testimonies depending on whether its content is admissible or not. The court and Magnifium's lawyers would examine the perception of the witness, his recollection of the events, how he communicated those events to the other party involved in the case, and most importantly the truthfulness of the witness testimony.
The janitor doesn't have a solid position in any of the possible challenges, e.g. he might be mad for being fired and is making up the story, he misinterpreted what he heard because he didn't know what they were talking about, Applegate reached the witness and offered him money to testify, his testimony may have some gray areas or may not be complete. There are simply too many possible objections that can eliminate his testimony and leave Applegate in a worse position.
Answer: ELYSE. TSA. AFP. <—- the one that has that in the first Column
Explanation:
TSA is very similar to AFP
