If Nicolai earns an 12% after-tax rate of return, $11,500 today would be worth how much to Nicolai in 5 years? Future value of $1. (Round present and future value factor(s) to 5 decimal places.) Multiple Choice$12,880. $11,500. $6,533. None of the choices are correct. $10,269.
Answers
To Nicolai, $11,500 today would be worth $18,125.30 in 5 years.The formula for calculating the future value of money is: FV = PV × (1 + r)n.
where:PV is the present value of money r is the interest or growth rate (expressed as a decimal)n is the number of compounding periodsFor Nicolai to determine the value of $11,500 today in five years, the following information is required:P = $11,500r = 12% = 0.12n = 5 years Putting these values in the formula:FV = PV × (1 + r)nFV = $11,500 × (1 + 0.12)5FV = $11,500 × 1.762341 = $20,291.94However, the question is asking for the after-tax rate of return.
It is not given in the question, so we have to assume it. For the sake of example, we can assume a 30% tax rate on the interest earnings.This means that Nicolai will earn only 70% of the 12% interest rate, which is 0.7 × 0.12 = 0.084 or 8.4% per year.The adjusted formula becomes:FV = PV × (1 + r)nFV = $11,500 × (1 + 0.084)5FV = $11,500 × 1.488893 = $17,555.30Therefore, to Nicolai, $11,500 today would be worth $17,555.30 in 5 years.
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Related Questions
a) Explain different types of professions related to financial sector.
Answers
Answer:
Positions in the commercial banking sector include bank tellers, loan officers, operations, marketing, and branch managers
As a student, you are able to earn extra money by assisting your neighbors with odd jobs. If you charged $10.25 an hour for your assistance, about how many hours would you need to work to earn $8,425? Show your work.
Answers
Answer:
822 hours
Explanation:
The charge per hour is $10.25.
To earn a total of $8,425, one need to work ? hours.
1 hr =$10.25
? hrs = $8,425
?hrs = $8,425 / $10.25
=821.951
=822 hours
What information does a lead contain in a news story?
Answers
Answer:
1st one
Explanation:
You go to buy a new computer and the salesperson tries to sell you an "extended warranty." You know that extended warranties can add a lot to the purchase price of the computer but you want some protection in case your computer breaks down. What are three questions you should ask before you agree to the contract?
Answers
Answer:
Extended warranty means provided extra protection to the breakage or problems occurred on a newly purchased item for a longer period.
Explanation:
Extended warranty is also known as the service agreement or maintenance agreement that is offered to a customer when they plans to purchase a new item like any electronic item including laptops, mobile phone, television, camera ,etc. It provides extra prolonged protection to the item or device than the regular warranty period.
In the context, the questions that I will ask the salesperson before agreeing the contract on the extended warranty on the purchase of the new computer are :
1. What is the extra amount I have to pay for the extended warranty.
2. For how long this "extended warranty" covers or protects my computer.
3. The extended warranty provides coverage on what items items and what defects.
which of the following is a positive effect of downscoping? a. firms have fewer employees that they have to compensate. b. managerial effectiveness decreases. c. firms spend less in operations costs. d. firms refocus on their core business.
Answers
d. downsizing helps businesses refocus on their core operations. Firm strips from non-center organizations for lessening its enhancement level.
What is the company's Downscoping strategy?Downscoping is one of scaling back methodologies, in which, firm strips their capital from some current SBUs, some market sections or business fields, that are frequently upward or evenly coordinated into its store network, to re-center around its center business. There are two main steps that go into the downscoping strategy. In the first place, firm strips from non-center organizations for lessening its enhancement level. Second, the company selectively eliminates divisions and employees that do not significantly contribute to the company's strategic goals. Ineffective assets are also divided, reallocated, or sold at the same time. By prioritizing strategic control over financial control, the downscoping strategy enables businesses to achieve the optimal level of diversification and reduces management-level information processing requirements.
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most easements and profits are created by an express grant in a contract, a deed, or a will.
Answers
That is correct. Most easements and profits are created by an express grant in a contract, a deed, or a will. The express grant clearly outlines the rights and permissions being granted, allowing the beneficiary to legally use or benefit from another person's property for a specific purpose.
Easements and profits are typically established through an express grant in a legal document such as a contract, deed, or will. An express grant explicitly grants permission or rights to use a property in a specific way, allowing the holder of the easement or profit to access or use the property for their intended purposes. This grant can be made by the property owner or by a previous owner, and it typically includes specific terms and conditions for the use of the property. Most easements and profits are indeed created through express grants in a contract, a deed, or a will. An easement is a legal right to use someone else's land for a specific purpose, such as accessing a public road or utility lines. A profit, on the other hand, is the right to take a resource, like minerals, timber, or fish, from someone else's property. Express grants refer to the clear and specific terms included in a written document, such as a contract, deed, or will, which detail the rights and permissions being granted. When creating an easement or profit, an express grant clearly defines the rights being given to the beneficiary and any limitations or restrictions associated with these rights.
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why is international improvement important
Answers
Answer:
Because they have farts
Explanation:
its mindness
Which of the following would most likely negatively affect a person's net worth?
A. A $25,000 salary
B. A $500 savings bond
C. A $500,000 mortgage
D. A $5,000 money market account
Answers
Answer: c
Explanation:
$500,000 mortgage would most likely negatively affect a person's net worth. Thus, option (c) a $500,000 mortgage is correct.
What is net worth?
Totally unrelated to income is what is meant by the phrase "net worth." Liabilities are subtracted from assets to arrive at the person's own net worth. The wealthy possess possessions including real estate, investments, jewels, memorabilia, cars, and so on. A period of emergencies is covered by the net worth.
A person's personal net worth is significantly impacted by a $500,000 mortgage. The amount of money saved by the individual who wants to spend it is their net worth. The net worth mostly consists of investments and personal savings. Money accumulates to form the net worth.
The mortgages are highly impact on net worth. The net worth are personal liabilities minus to personal asset.
Therefore, option (c) a $500,000 mortgage is correct.
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oil wells offers 5.65 precent coupon bonds with semiannual payments and a yied to maturity of 6.94 precent. the bonds mature in seven years. what is the market price per bond if the face value is $1000?
Answers
The market price per bond, with a face value of $1000, is approximately $734.99. So, the correct answer is $734.99.
To calculate the market price per bond, we need to use the formula for the present value of a bond, which takes into account the coupon payments, yield to maturity, and the time to maturity.
The formula for the present value of a bond is:
PV = C * (1 - (1 + r)^(-n)) / r + F / (1 + r)^n
Where:
PV = Present value of the bond
C = Coupon payment
r = Yield to maturity (expressed as a decimal)
n = Number of periods (in this case, semiannual periods)
Given information:
Coupon rate = 5.65% (or 0.0565)
Yield to maturity = 6.94% (or 0.0694)
Face value = $1000
Maturity period = 7 years (or 14 semiannual periods)
First, let's calculate the coupon payment per period:
Coupon payment = Coupon rate * Face value / 2
Coupon payment = 0.0565 * $1000 / 2 = $28.25
Now, let's substitute the values into the present value formula:
PV = $28.25 * (1 - (1 + 0.0694)^(-14)) / 0.0694 + $1000 / (1 + 0.0694)^14
Calculating the present value:
PV = $28.25 * (1 - 0.5975) / 0.0694 + $1000 / 1.997313
PV = $16.90 + $718.09 ≈ $734.99
Therefore, the market price per bond, with a face value of $1000, is approximately $734.99.
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Which document describes a worker's employment experience, strengths, skills, education, and other qualifications?
A.
Resume
B.
Cover letter
C.
Referral
D.
Reference
Answers
Answer:
A. Resume
Explanation:
A resume is a document prepared by a job seeker to itemize their education qualification and work experiences. It is a formal document sent to a potential employer by a job applicant. The resume shows an applicant's qualifications for the position advertised.
A resume is usually sent together with a cover letter.
Answer:
It's A
Explanation: hope it helps ^w^
It is a good idea to get and use an many credit cards as possible to build credit history. True False
Answers
Elaborate FIVE (5) features of public sector.
Answers
The public sector is characterized by government ownership and control, provision of public goods and services, accountability and transparency, regulatory and policy functions, and a redistributive role. It plays a crucial role in serving the public interest, promoting social welfare, and governing various sectors of society.
The public sector, also known as the government sector, is characterized by several distinct features that set it apart from the private sector. Here are five key features of the public sector:
Government Ownership and Control: The public sector involves government ownership and control over various industries, enterprises, and public services. This includes sectors such as healthcare, education, transportation, infrastructure, and utilities.Provision of Public Goods and Services: The primary role of the public sector is to provide essential public goods and services that benefit society as a whole. These may include national defense, law enforcement, public health, public education, and social welfare programs.Accountability and Transparency: The public sector operates under principles of accountability and transparency, as it is accountable to the public and operates using public funds. Government agencies and officials are responsible for ensuring transparency in decision-making, financial management, and service delivery.Regulatory and Policy Functions: The public sector plays a crucial role in formulating and implementing regulations and policies that govern various aspects of society and the economy. This includes setting and enforcing standards, regulating industries, protecting consumer rights, and promoting fair competition.Redistributive Role: The public sector often has a redistributive role, aiming to address social and economic inequalities. This involves implementing progressive taxation policies, providing social welfare programs, and promoting equal opportunities for all citizens.These features collectively define the public sector's role in promoting the public interest, ensuring equitable access to essential services, and facilitating the overall development and well-being of society.
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Describe the role of the entrepreneur in the decision making process.
Outline the following roles of an entrepreneur in economic development:
a) collaborating;
b) providing goods and services to satisfy citizens;
c) creating jobs ; and,
d) contributing to nation building
Answers
The following roles of an entrepreneur in economic development is generally and actually providing goods and services to satisfy citizens Option(b) is correct.
What is Economic Development?In the economics investigation of the public area, economic and social development is the cycle by which the economic prosperity and personal satisfaction of a country, district, neighborhood local area.
The term has been utilized often in the twentieth and 21st hundreds of years, yet the idea has existed in the West for far longer. "Modernization", "Westernization", and particularly "industrialization" are different terms frequently utilized while talking about economic development.
Therefore Option(b) is correct By and large, economic development arrangements zeroed in on industrialization and foundation; since the 1960s, it has progressively centered around neediness decrease.
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The displacement effect occurs when the cost of producing automated tasks declines, causing the economy to expand and increase the demand for labor in non-automated tasks.
Group of answer choices
True
False
Answers
This is false. The displacement effect occurs when the cost of producing automated tasks declines
What is thge displacement effectThe displacement effect refers to a situation where the introduction of automation and technological advancements in a particular industry or sector reduces the demand for labor in certain tasks or occupations.
In this context, the statement in question is false. The displacement effect does not cause the economy to expand and increase the demand for labor in non-automated tasks.
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A ___ liability company is a business structure that gives its owners the benefits of two types of business structures.
_____ partnership is a basic form of partnership that holds all the owners equally liable for any business debts that it might face.
Answers
Answer:
A limited liability companyA general partnershipExplanation:
A limited liability company LLC blends the features of a corporation and a sole proprietorship. An LLC requires a minimum of a person to form and has no upper limit.
Members of the limited liability enjoy the limited liability feature of a corporation. It means their obligations to the company's debts is limited to the level of capital contribution. If the company is liquidated, members will only lose their capital contribution. A limited liability company 'passes' its income as the income of members. The LLC does not have to file income tax returns just like a sole proprietorship business. Only owners of LLC are expected to file individual income tax returns.
A general partnership is a business structure made up of two or more partners. A general partnership is unincorporated, meaning the owners have unlimited liabilities to the debts of the business. Legally, the debts and assets of the general partnership belong to the partners.
Underline the two items that are affected.
State whether each item is increasing or decreasing.
1.Sold office machinery for cash
2. Bought motor lorry for cash
3. Sold motor lorry for cash
4. Bought motor van by cheque
5. Bought office furniture by cheque
Answers
2. Increase in machinery (motor lorry) , decrease in cash
3. Decrease motor lorry, increase cash
4. Increase machinery and equipment, increase in accounts payable
5. Increase in office furniture , increase in accounts payable
In the information technology world, which of the following are examples of ethical issues that a company may have to manage?
i. employees searching other employee's private information without consent
ii. employees copying and distributing company owned software
iii. employees intentionally creating or spreading viruses to confuse IT
iv. all of these
Answers
Given the rise of information and technology, examples of ethical issues that a company may have to deal with are:
employees searching other employees' private information without consentemployees copying and distributing company-owned softwareemployees intentionally creating or spreading viruses to confuse IT. (Option D)What are IT related Ethical Issues?Ethical issues are behaviors that are considered unacceptable in relation to how people behave in the organization and in relation to employees and customers alike.
Other examples of I.T. related ethical issues are:
Misinformation and Deep fakesHarmful ActionsPilfering of Trade Secrets.Learn more about I.T. related Ethical Issues at:
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The four seasons spa and salon has retained a marketing consultant to assist them with its annual strategic planning retreat. Shantelle stevens, the owner of the salon, is reviewing the agenda for the meeting and observes that the sequence of activities follows the strategic planning process discussed in her marketing class many years ago. What is the first activity the organization should pursue as part of its strategic planning process?.
Answers
Firms are known to have goals. the first activity the organization should pursue as part of its strategic planning process is to;
Review or establish the organization's mission and goals.What is the mission and goals of the Organization about?The mission of any firm is said to show or depicts the organization's past and present by using or stating why the organization exists.
It also talks about the role a firm plays in society. Goals are said to be some key aims that organizations have to pursue so as to reach their visions and missions.
The best goals are regarded as SMART. which means: specific, measurable, achievable, realistic, and time-bound.
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is the inside of your car feeling hot on a summer day conduction, convection, or radiation
Answers
which of the following below is not one of porter's five forces?
Answers
Answer:
Buyer power
Supplier power
Rivalry among existing competitors
Prices of major inputs
Explanation:
High when buyers have few choices of whom to buy from and low when their choices are many
Optimization of Shareholder wealth is not one of porter's five forces.
What is porter's five forces?Porter's Five Forces Framework is a method for analyzing a company's competitive operating environment. It derives five forces from industrial organization economics that determine the competitive intensity and, thus, the attractiveness of an industry in terms of profitability.
Porter's Five Forces is a model that identifies and analyzes five competitive elements that impact every industry and aids in determining the strengths and weaknesses of that industry. The Five Forces analysis is commonly used to determine business strategy by identifying the structure of an industry.
A framework for today ’s dynamic business environment is Porter's Five Forces.
Porter's Five Forces is a widely used framework for assessing the competitive forces that influence a wide range of business sectors.
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Luke is going to school to get a degree in Veterinary Medicine. He wants to work in an animal hospital after he graduates. Which of the following job options would be most beneficial to Luke’s career while he is going to school? a. Babysit after school b. Work at a fast food restaurant c. Volunteer at a social service agency d. Work an entry level position at a veterinary clinic Please select the best answer from the choices provided A B C D
Answers
Answer:
D. Work an entry level position at a veterinary clinic
Explanation:
To become a veterinarian, get into vet school, get a job as a veterinarian, etc. You need experience. In this case, if he works a position at a veterinary clinic, he would be getting experience of what its like. He could be doing a job such as simply taking the dogs for a walk, and that would still be considered experience! So the answer would be D.
I also relate to this question a bit since I plan on going to vet school after I graduate. Hope this helps :)
Answer:
D
Explanation:
EDG 2021
What does qualitative research and quantitative research means?
Answers
Answer:
Quantitative research is expressed in numbers and graphs. It is used to test or confirm theories and assumptions. This type of research can be used to establish generalizable facts about a topic.
Common quantitative methods include experiments, observations recorded as numbers, and surveys with closed-ended questions.
Qualitative research
Qualitative research is expressed in words. It is used to understand concepts, thoughts or experiences. This type of research enables you to gather in-depth insights on topics that are not well understood.
Common qualitative methods include interviews with open-ended questions, observations described in words, and literature reviews that explore concepts and theories.
Answer:
Qualitative research involves collecting and analyzing non-numerical data (e.g., text, video, or audio) to understand concepts, opinions, or experiences. It can be used to gather in-depth insights into a problem or generate new ideas for research.
Quantitative research is a research strategy that focuses on quantifying the collection and analysis of data.
If you see the letters "wh” on your paycheck, what do they stand for?
Answers
Solar energy is the least expensive source of renewable energy in the United States. True False
Answers
Answer:
False
Explanation:
Solar energy is one of the most expensive energy sources out there look it up!
Answer:
False
I think
Scheduling a production shop. midwest parts supply (mps) is a fabricator of small steel parts that are sold as components to manufacturers of electronic appliances and medical equipment. in the mps fabrication department, steel sheets are subjected to a series of three main operations—cutting, trimming, and polishing—which must be completed in this order. each machine processes the jobs in the same order, so it is sufficient to specify a single job sequence in order to describe a schedule. no machine can process more than one job at a time.
this morning, ten jobs have been released to the shop by the erp system, and the production manager is interested in minimizing the time it takes to complete the entire schedule, usually referred to as the schedule makespan. the following table gives the number of hours required for each operation.
what sequence achieves the minimum makespan and what is the minimum length of a schedule?
Answers
The best scheduling to use to ensure that the ten jobs are done in the minimum amount of time is the SJFS.
What is Shortest Job First Scheduling?This refers to the type of scheduling that makes use of an algorithm to process the shortest time to complete execution and reduces the average awaiting time for other processes to execute.
Please note that your question is incomplete so I gave you a general overview to help you get a better understanding of the concept.
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Peyton earns $1,700 every other week, but only brings home $1,100 due to deductions, what is Peyton’s gross pay?
Answers
If the price index moves from 107 to 110, the rate of inflation is: Group of answer choices 3% 30% 28% 2. 8%
Answers
If the price index moves from 107 to 110, the rate of inflation is 2.8 %.The percentage change in inflation is then calculated by multiplying this by 100.Option D is correct.
Evaluating:Rate of inflation = 110 - 107 ÷107
= 0.0280 × 100 %
= 2.8 %
How is the rate of inflation determined by price index?The price index from the interest year is subtracted from the base year, and then the result is divided by the base year to determine inflation. The percentage change in inflation is then calculated by multiplying this by 100.
If inflation is too high, what happens?The consumer price index (CPI) is used to measure inflation, which maintains economic health at low rates. But when inflation rises quickly, it can have negative effects on the economy in the form of lower purchasing power, higher interest rates, slower economic growth, and other things.
Question incomplete:If the price index moves from 107 to 110, the rate of inflation is:
a. 3%
b. 30%
c. 28%
d. 2.8%
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Select the correct answer.
Apex Bank lent a substantial amount of money to Polytech Inc. After reviewing the financial statements of Polytech, Apex Bank finds some
Inconsistencies. Which body can Apex Bank approach to verify Polytech's financial data?
ОА.
Chartered Financial Analysts
OB.
Financial Accounting Standards Board
ОС.
American Association of Public Accountants
OD
American Institute of Certified Public Accountants
Ο Ε.
Security and Exchange Commission
Answers
This is wrong do not use this
Answer:
E. Security and Exchange Commission
Explanation:
I'm not 100% sure but i looked through all of them and that one seems to fit best
Apex Bank lent a substantial amount of money to Polytech Inc. After reviewing the financial statements of Polytech, Apex Bank finds some Inconsistencies. Security and Exchange Commission body can Apex Bank's approach to verifying Polytech's financial data. The correct option is E.
Why does the SEC protect investors?In order to maintain a flexible and effective regulatory environment. Federal securities laws aim to support competitive, fair, and transparent markets that safeguard investors from hidden risk while promoting market access and innovation.
The Securities and Exchange Commission regulates stock exchanges, brokers and dealers in securities, investment advisers, and mutual funds in an effort to encourage ethical business practices, the public disclosure of crucial market information, and the avoidance of fraud.
Thus, the ideal selection is option E.
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advantages of using credit are all of the following except a the ability to cover cash flow shortages. b increases the number of checks written. c the ability to buy large items earlier. d convenience in making day-to-day transactions.
Answers
b Advantages of using credit are all of the following except increases the number of checks written.
Taking out a loan is neither good nor harmful. A tool is credit. The effectiveness of any tool, as with all tools, relies on how well you use it.
Pros
You don't need to wait till you have enough money saved up to make or do what you want.
By managing your debt appropriately, you can have a solid credit history. Future borrowing may become simpler as a result, maybe for larger and more expensive objectives.
You can use it to cover unforeseen costs like auto repairs.
Cons
You must set aside money each month for repayments.
The cost of the debt increases due to interest.
The amount of money you have available, both now and in the future, for other objectives or requirements is constrained by having to repay a loan.
Loan defaults will damage your credit history, making it more challenging to obtain money in the future.
navigation of documents
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Complete a departmental expense allocation spreadsheet for Marathon Running Shop. The spreadsheet should assign (1) direct expenses to each of the four departments, (2) the $64,000 of utilities expense to the four departments on the basis of floor space occupied, (3) the advertising department’s expenses to the two operating departments on the basis of the number of ads placed that promoted a department’s products, and (4) the administrative department’s expenses to the two operating departments based on the amount of sales.
Answers
Question Completion:
Marathon Running Shop has two service departments (advertising and administrative) and two operating departments (shoes and clothing). The table that follows shows the direct expenses incurred and square footage occupied by all four departments, as well as total sales for the two operating departments for the year 2017
Direct Expenses Square Feet Sales
Department
Advertising $ 18,000 1,120
Administrative 25,000 1,400
Shoes 103,000 7,140 $273,000
Clothing 15,000 4,340 77,000
The advertising department developed and distributed 120 advertisements during the year. Of these, 90 promoted shoes and 30 promoted clothing. Utilities expense of $64,000 is an indirect expense to all departments.
Answer:
Marathon Running Shop
Allocation of service departments' costs to the operating departments:
Service Departments Operating Departments Total
Advertising Administrative Shoes Clothing
Departmental $18,000 $25,000 $103,000 $15,000 $161,000
Utilities 5,120 6,400 32,640 19,840 64,000
After Utilities 23,120 31,400 135,640 34,840 $225,000
Advertising -23,120 17,340 5,780 0
Administrative -31,400 24,492 6,908 0
Total allocated costs $177,472 $47,528 $225,000
Explanation:
a) Data and Calculations:
Direct Expenses Square Feet Sales
Department
Advertising $ 18,000 1,120
Administrative 25,000 1,400
Shoes 103,000 7,140 $273,000
Clothing 15,000 4,340 77,000
Total $161,000 14,000 $350,000
Allocation of Utilities Expense of $64,000
Rate
Advertising (1,120/14,000 * $64,000) = $5,120
Administrative (1,400/14,000 * $64,000) = $6,400
Shoes (7,140/14,000 * $64,000) = $32,640
Clothing (4,340/14,000 * $64,000) = $19,840
Advertising $ 18,000 + $5,120 = $23,120
Administrative 25,000 + $6,400 = $31,400
Shoes 103,000 + $32,640 = $135,640
Clothing 15,000 + $19,840 = $34,840
Advertising expenses consumed by:
Shoes 90/120 * $23,120 = $17,340
Clothing 30/120 * $23,120 = $5,780
Administrative expenses consumed by:
Shoes $273,000/$350,000 * $31,400 = $24,492
Clothing $77,000/$350,000 * $31,400 = $6,908