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Mekhanik [1.2K]
2 years ago
10

Paul wants to invest a sum of money today that will accumulate to $50,000 at the end of 4 years. Assuming he can earn an interes

t rate of 8% compounded semiannually, how much must he invest today? (PV of $1, FV of $1, PVA of $1, and FVA of $1) (Use appropriate factor(s) from the tables provided.)
Business
1 answer:
aleksandr82 [10.1K]2 years ago
3 0

Answer:

He must invest $36,751

Explanation:

Future value is the sum of value of principal invested and compounded return received over the investment period.

Using following formula of future value to calculate the required interest rate.

FV  = PV x ( 1 + r )^n

FV = Future value = $50,000

n = number of years = 4 years

r = Interest rate = 8%

PV  = Present value = ?

$50,000 = PV x ( 1 + 8% )^4

$50,000 = PV x ( 1 + 0.08 )^4

$50,000 = PV x ( 1.08 )^4

$50,000 = PV x 1.3605

PV = $50,000 / 1.3605

PV  = $36,751.19

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lions [1.4K]

Answer:

The R.C.Willey furniture store has a sale for Memorial day weekend that if you purchase products that come over $499 a 60" TV can be purchased for only $300. This sales practice is known as<u> bundling.</u>

Explanation:

Here, the firm is selling two goods at a lower price, if the consumer has also brought a product, that is price tying, for it to be bundling, the firm would have made it mandatory to buy both the goods at a certain price.

7 0
2 years ago
Read 2 more answers
Andrew and Emma Garfield invested $7,900 in a savings account paying 4% annual interest when their daughter, Angela, was born. T
Aleonysh [2.5K]

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

5 0
2 years ago
Which of the following characteristics best describes repetitive focus? Its output is a standardized product produced from modul
HACTEHA [7]

Answer:

Its output is a standardized product produced from modules.

Explanation:

Repetitive Focus is a process that focuses on product orientation and emphasizes the use of modules, which allow for a greater range of customization. That being said we can say that out of the answers provided, the characteristic that best describes repetitive focus is that Its output is a standardized product produced from modules. Because like mentioned before the main difference between this and other process' is the use and emphasis on modules.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
2 years ago
Each week a soft drink machine sells x cans of soda for $0.75/soda. The cost to the owner of the soda machine for each soda is $
Assoli18 [71]

Answer:

$34.8

Explanation:

Profits = sales - costs( variable costs +fixed costs)

In this case : total sales will be price $0.75 x units sold X= 0.75X

Variable costs : =$10 x units sold= $10x

Fixed cost remain $25 as they are not affected by quantity.

profits for the Week

P= (0.75x- 0.10x)-$25

Profit for the week with units sold as 92: x = 92

p= ( {0.75x92} - {0.10x92} )- $25

P= $69 - $9.2- $25

P=$59.8- $25

   =$34.8

3 0
2 years ago
Which of the following statements is true regarding a work team?A) Work teams are rarely used in organizations today.B) Work tea
Lyrx [107]

Answer:

C) Work teams generate positive synergy through coordinated effort.

Explanation:

<u><em>Work teams is a team formed with number of individuals working for the same goal, who posses different talents and values, and joint together, providing a positive synergy in the team, towards the common goal.</em></u>

Work teams are focused and for reaching the goals, distribute the work among themselves through a facilitator, who is said to lead the work team, in the process of achieving a common goal.

Therefore, correct statement is:

Statement C

3 0
2 years ago
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