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Ganezh [65]
2 years ago
8

A charity plans to invest annual payments of $60,000, $70,000, $75,000, and $50,000, respectively, over the next four years. The

first payment will be invested one year from today.
Assuming the investment earns 5.5 percent annually, how much will the charity have available four years from now?

a) $263,025 b) $328,572 c) $236,875 d) $277,491 e) $285,737
Business
1 answer:
Brrunno [24]2 years ago
5 0

Answer:

The correct answer is D.

Explanation:

Giving the following information:

A charity plans to invest annual payments of $60,000, $70,000, $75,000, and $50,000

We need to use the following formula for each deposit:

FV= PV*(1+i)^n

Deposit 1= 60,000*(1.055)^3= $70,454.48

Deposit 2= 70,000*(1.055^2)= $77,911.75

Deposit 3= 75,000*(1.055)= $79,125

Deposit 4= 50,000

Total= $277,491.23

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John is an entrepreneur who plans to enter a franchise contract with a hotel business. which of these is an advantage that John
umka2103 [35]

Answer:

The correct answer would be option C, He will be able to gain knowledge and support from the hotel business to run the franchise.

Explanation:

Franchise is basically a contract between two parties in which one of the party who is owning the business is ready to sell his business rights to use its name and products to the other party. The other party can open the same business with the same name and products or services and run that business. In this type of contract, a continuous help and support is given to the franchisee to run the business. So if John being an entrepreneur wants to enter into the franchise contract, then he will surly be able to gain knowledge and support from the hotel business to run the franchise.

3 0
2 years ago
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After eating four slices of pizza, you are offered a fifth slice for free. You turn down the fifth slice.
Nadusha1986 [10]

Answer:

The correct answer is letter "D": marginal utility is positive for the 4th slice and negative for the 5th slice.

Explanation:

Marginal Utility refers to the additional benefit or satisfaction gained from consuming one more unit of a good or service. In economics, something has utility if it satisfies any consumer wants or needs whether for usefulness or pleasure. It is a subjective term.

If the marginal utility is positive, consumers would want to acquire more of the good or service but if negative they will stop consuming it. Thus, the marginal utility for the 4th pizza slice is positive but the marginal utility for the 5th slice is negative.

3 0
2 years ago
Matt wants to attend a university in California and is waiting to hear back from schools where he has applied. He has filled out
Andreyy89

Answer:

Getting a work-study job

Working at an on-campus job

Explanation:

The first option that will meet Matt's needs is to get a work-study job. A work-study job is like a financial aid program available in the universities to help students out of their financial needs. Work-study job is a part-time job that will enable Matt to work while studying at the University in California. It allows Matt to engage in a part-time job for some hours a week during his free time, like 20 hours a week while he studies in school and earns some money to subsidize the cost of his studies since Matt wants to avoid paying debt once he is out of school.

A work-study job is the best option for Matt's finance position because it will provide financial assistance for the cost of his education.

The other option for Matt is to work at an on-campus job. This is almost the same as a work-study job because it is a part-time job and carried out only in his free time. It is a part-time job done by students in the university while studying to help their financial needs. The only difference with the work-study job is that the job here will only be done on campus, unlike work-study job which can be done outside the campus. Here Matt will have to get a part-time job on campus and not outside the campus.

7 0
2 years ago
Read 2 more answers
What document provided by the seller describes the condition of the property?
prisoha [69]

The document that is being used by a seller in which the contents and description of the property is placed for the buyer to see is in the transfer disclosure statement. The transfer disclosure statement will provide the description of the property and if there are any damages in the property of additional fixtures or cost made. It could provide contents such as things having to be furnished or not.

8 0
2 years ago
Sarafiny Corporation is in the process of preparing its annual budget. The following beginning and ending inventory levels are p
dmitriy555 [2]

Answer:

270,000 units

Explanation:

Given that:

Beginning Inventory for finished goods: 31,000

Ending Inventory for finished goods :  41,000

Beginning Inventory for raw materials: 61000

Ending Inventory for raw materials: 51,000

Units planned to be sold: 260,000

We compute the produced finished goods = Ending inventory + Units sold − Beginning inventory

           = 41,000 + 260,000 − 31,000 = 270,000

The number of units the company would have to manufacture during the year would be 270,000

6 0
2 years ago
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