Answer:
how much must Gary receive from his father's trust?
682,5
Explanation:
$850 Gary's social security + ($850 X 55%) Barbara's social security + x father trust= $2,000
850 + ($850 x 0.55) + x = $2000
850 + 467.50 + x = $2000
1317.50 + x = 2000
x=682,50
Answer:
Your best option would be for higher quality repairs and higher quality equipment, this would save you more money and time in the long run where you have the ability to do other things.
Explanation:
Mark as Brainliest please!
Ill give u a cookie
<u>Explanation:</u>
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growth_multiplier is 1.1
savings = 100
desc = "compound interest
"
# Place product of growth_multiplier and savings to year 1
Year 1 = growth_multiplier* savings
# Print
print(type(year1))
Now,
# Place addition of desc & desc
doubledesc will be desc + desc
# Print doubledesc
print(doubledesc)
<u></u>
Answer:
$33,648.57
Explanation:
The computation of Required deposit today is given below:-
For computing the required deposit today first we need to find out the present value
Present value of 1 = (1 + i)^-n
= (1 + 0.02)^-20
= 0.67297133
Where, i = 8%/4
= 0.02
n = 5 × 4
= 20
Required deposit today = Future value × Present value of 1
= $50,000 × 0.672971
= $33,648.57
Answer:
<em>Yes, I will sign the contract. </em>
Explanation:
The break-even exchange rate for the currency options contract is $1.46/BP and the exchange rate at the time of the payment will be $1.43/BP which means a reduction of $0.03 as future value. Since the contract was not signed with the inflationary rate, the receiver is at advantage while the lender is at a loss.
