Answer:
Future value= $151,018.51
Explanation:
Future value of money measures how much a present amount of money will be in the future at a given interest rate.
The interest gained on money shows the time value of money. One dollar today is less than one dollar in one year's time
The formula for future value is
Future value = Present value * (1 + rate)^time
As we have two periods in this case (10 years and 20 years)
Future value = Present value * {(1 + rate1)^time1} * {(1 + rate2)^time2}
Future value = 12,500 * {(1 + 0.07)^10} * {(1 + 0.095)^20}
Future value= $151,018.51
Answer:
25.25%
Explanation:
With a fill area of 
, and an installed liner cost of $8, the total cost of installation = 50,000 * 8 = $400,000.
Annual average annual cost = $400,000/4 = $100,000 (since the fill area is adequate for 4 years).
Estimated annual revenue = 
(P = Price, V = Value, p = Pick Up, d = Dump Truck, c = Compactor Truck)
= (10*2,500) + (25*650) + (70*1,200)
= $125,250.
Therefore, annual rate of return = 
= 25.25%.
Answer: No one of the options but <u>Commercial paper</u>
Explanation: Commercial paper is an unsecured, short-term debt instrument issued by a corporation, typically for the financing of accounts payable and inventories and meeting short-term liabilities. Maturities on commercial paper rarely range longer than 270 days.
Answer and Answer
Cross elasticity of demand is an economic concept that measures the responsiveness in the quantity demanded of one good when the price for another good changes
You can calculate the Cross Price Elasticity of Demand (CPoD) as follows: CPEoD = (% Change in Quantity Demand for Good A) Ă· (% Change in Price for Good A) Therefore the problem becomes CPEoD = 10% / 5% so CEPoD = 2%
. =2%
Answer:
$39,348
Explanation:
The amount that Bill and Sally Kaplan need represents the future value of $36,000
The inflation rate of 3 % if the interest rate
$36,000 will be the present value PV
The period is three years
The Future Value: FV = PV x(1+r)n
=FV = $36,000 x (1+3/100)3
=$36,000 x (1+0.03)3
=$36,000 x 1.093
=$39,348
