Answer:
Explanation:
You need to calculate the value of 8 × 12 = 96 different cash flows.
There is not a formula to calculate that, because the<em> $6 dollar increase</em> does not represent growing with a constant rate.
The monthly payments are:
Month payment ($)
0 (today) 300
1 306
2 312
3 318
n 306 + 6 (n-1)
96 (last) 876
Then you must create a spreadsheet with these features:
- Five columns
- First column is the month, and starts with month 0 (today)
- Second column is the initial balance, the first balance is 0
- Third column is the interest: it is calculated as the monthly interest by the initial balance. The monthly interest is 6%/12 = 0.06/12 = 0.005
- Fourth column is the amount deposited: for month zero it is $300, and every month you add $6.
- Fith column is the final balance: it is the sum of the initial balance (second column) + interest (third column) + deposit (fourth colum)
- 96 rows: 8 years × 12months/year = 96 months.
- The initial balance of each row is equal to the final balance of the previous row.
Here a sample of the first three rows:
Month Initial balance Interest Deposit Final balance
0 0 0 300 300
1 300 300×0.005 = 1.5 306 607.5
2 607.5 607.5×0.005 312 922.54
When you do it up to the row 96, the final balance is <em>the balance in the acccount at the end of the eight years</em>.
The last row of your spreadsheet will show:
96 69,042.81 345.21 876 70,264.03
Thus, <em>the balance at the end of eight years will be $70,264.03</em>
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Answer:
centralized
Explanation:
According to my research on different organizational structures, I can say that based on the information provided within the question FirstElectronics most likely has an extremely centralized organizational structure. This type of structure is based on a hierarchical decision-making model in which all decisions and processes are handled strictly at the top or the executive level.
I hope this answered your question. If you have any more questions feel free to ask away at Brainly.
Answer:
The correct answer is option 4.
Explanation:
Rhonda has agreed to invest $16,000 in a partnership with her sister and brother-in-law. she does not plan to work in partnership or invest any of her wealth other than $16,00. But she intends on sharing profits. This implies that Rhonda is a limited partner in the business.
A limited partner is a partial owner of a business. His/her liability to the business's debts is limited to the extent of the amount he/she has invested in the business. Such partners are often called silent partners as they don't have any involvement in the day to day operations.
Answer:
The correct answer is (B)
Explanation:
Companies use different financing methods to fund their investment projects. Some companies use more debt and some offer their share. When a company increase its debt ratio it means that in future the company roe will increase, because equity shrinks. Return on equity of a company increase with respect to return on assets. Overall, more debt ratio will increase positive roe.
