Marcia is planning to buy a car in five years’ time. She estimates that the car would cost $2,500,000.000. Given that the existing interest rate is 12 %, how much money should she invest now?
Answers
The present value of the future amount is $1,096,896.46.How much money should Marcia invest now, the current interest rate is 12 percent and the car would cost $2,500,000 in five years.
The future value of an amount deposited today can be calculated using the formula: FV=PV(1+r)n where PV is the present value, FV is the future value, r is the interest rate, and n is the number of periods.
We can rearrange the formula to find the present value of a prospective amount: PVA=FV/(1+r) now, let's substitute the given values into the formula: PVA=2,500,000,000/(1+0.12)5PVA=2,500,000,000/1.7623PVA=$1,416,812.99Therefore, Marcia should invest $1,416,812.99 now, to have enough money to purchase a car costing $2,500,000 in five years.
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Related Questions
Here's the revenue and expenses for the month. Calculate whether Mia had a profit or loss.
MAY ACCOUNTS
CHECKING
$860.00
REVENUE
FIXED EXPENSES
VARIABLE EXPENSES
CARD PURCHASE
$300
SAVINGS
$1,006.68
DOG FOOD
CAT FOOD
PET TREATS
PET SUPPLIES
$3,650
$2,850
$1,650
$1,800
RENT
$2,000
SALARIES
$2,000
UTILITIES
$1,000
PRODUCT STOCK $4,000
TOTAL
$9,950
TOTAL
$9,000
TOTAL
$300
ENTER MIA'S TOTAL PROFIT/LOSS FOR THE MONTH IN THE BOX BELOW, THEN CLICK SUBMIT.
$
SUMIT
Answers
Answer:
Loss
Explanation:
Because she started with 860.00 then ended with 300
Answer:
350
Explanation:
I guessed
Workplace technology is relied upon by businesses to increase _____________.
Answers
Businesses rely on workplace technology to boost productivity and performance.
What is meant by productivity?Productivity, a metric of economic performance, contrasts the volume of goods and services produced (output) with the volume of inputs necessary to produce those goods and services.Output per worker or output per worker/hour are two typical ways to measure productivity. The quantity or cost of the finished goods each employee can create in a specific amount of time may be used as a productivity indicator for a manufacturing organisation. The efficiency of your staff, as determined by the quantity of goods or services they generate or offer in a given period of time, can be used to describe workplace productivity.To learn more about productivity, refer to:
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Peyton Corporation and Rogers Corporation operate in the same industry. Peyton uses the straight-line method to account for depreciation, whereas Rogers uses an accelerated method. Explain what complications might arise in trying to compare the results of these two companies.
Answers
Answer:
If both firms have a lot of depreciable fixed assets, using the MACRS depreciation schedule or some other type of accelerated depreciation method will increase their expenses during the first years resulting in lower operating income. This situation reverses in the later years when the depreciation expense becomes much lower, resulting in higher operating income. On the other hand, using straight line depreciation makes your depreciation expense more stable and sometimes even more realistic.
Companies use MACRS depreciation to lower their tax liabilities by lowering their income. Remember that $1 saved today is worth more than $1 saved tomorrow.
In this case, Rogers Corporation might yield a lower income during the first years that it depreciates its assets, but then it will show much higher income (during the last years). Peyton Corporation should show more stable income.
Which style of decision making will consumers who develop brand loyalty use?
A.extensive decision making
B.limited decision making
C.routine decision making
D.opportunity based decision making
Answers
sheridan suppliers inc. purchased a 12-month insurance policy on march 1, 2020 for $3960. at march 31, 2020, the adjusting journal entry to record expiration of this asset will include a
Answers
The adjusting entry to record the expiration of this asset would include an insurance expense debit and a prepaid insurance credit of $330.
Here's how to calculate it:
Company insurance = $3960
The formula to calculate monthly insurance costs are
Monthly insurance cost = Company insurance : 12
Monthly insurance cost = $3960 : 12 = $330
Adjusting journal entries mean the entries in a company's general ledger that occur at the end of an accounting period to record unrecognized income or expenses for the period.
An example of an adjusting entry can be seen in the statement below:
Company insurance is $1800 for a year (paid on January 1). The company has not used these prepaid expenses in the current accounting period, as indicated by the adjusting entry in the account. Monthly insurance costs are 1800/12 months = $150 per month.
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many companies state their brand promise directly in words, using a short phrase called what
Answers
Answer:Many companies state their brand promise directly in words, using a short phrase called what? A. A warranty B. A customer mindset C. A corporate image D. A tagline
✓ D.
Which of the following criteria is important when identifying a potential
mentor?
A. Whether you admire the person
B. The person's passions outside of work
C. How much money the person makes
D. How many mentees the person has had previously
SUBMIT
Answers
Answer: A
Explanation:
Answer:
A. Whether you admire the person
Explanation:
Why did the United States interfere in Iran in the 1950s? What was the result of their interference?
Answers
Answer:
Because Iran has oil and sells it to U.S. Iran minister doesn't want to do business with U.S. anymore.
Explanation:
The results were the U.S. would sponsor in Iran to replace existing gov't to be more western friendly.
How does an entrepreneur demonstrate comfort with risk when launching a business?
Answers
Answer: There are five kinds of risk that entrepreneurs take as they begin starting their business. Those risks are: founder risk, product risk, market risk, competition risk, and sales execution risk. Founder risk considers who the founders of the company are, if they get along, and how they will work for the company.
Hope this helps......... Stay safe and have a Merry Christmas!!!!!!!! :D
Explanation:
future purchase commitments should be disclosed in the notes to the financial statements.group startstrue or false
Answers
True. Future purchase commitments should be disclosed in the notes to the financial statements.
Future purchase commitments should be disclosed in the notes to the financial statements. This is because such commitments represent potential financial obligations that may impact the company's financial position and performance in the future. The disclosure of these commitments in the notes to the financial statements provides useful information to investors and other stakeholders in assessing the company's financial health and future prospects. The disclosure of future purchase commitments should include information such as the nature and terms of the commitments, the expected timing of the purchases, and the estimated amounts involved. Such information helps users of the financial statements to understand the company's future cash flows and financial obligations and assess the potential impact of these commitments on the company's financial position and performance.
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Zahara is concerned about taking on too much risk in her investment portfolio. She has some government bonds and some speculative investments. What is TRUE about her risk levels in investing?
A. She has taken no risks in her portfolio.
B. Her speculative investments are considered to be low risk.
C. She should sell her government bonds because they are very risky.
→D. The speculative investments are high risk but can pay returns quickly.← Correct answer.
Just in case you need it :)
Answers
One truth about Zahara's risk levels is that D. The speculative investments are high risk but can pay returns quickly.
What are speculative investments?Investments that are bought for their tendency to change prices often. Are known to be risky.By investing in speculative investments, Zahara is incurring risk but as a result, she stands to gain returns quickly if the investments should increase in price.
In conclusion, option D is correct.
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Which of the following assets would be expected to have the highest and lowest returns, respectively?
A. Std. dev. = 15% : Beta = 0.8
B. Std. dev. = 13% : Beta = 1.3
C. Std. dev. = 19% : Beta = 0.9
D. Std. dev. = 11% : Beta = 1.5
Answers
The asset with the highest expected return is D, while the asset with the lowest expected return is A. An asset is any property or resources owned by an individual or a company that has commercial or exchange value. Returns on assets are the benefit generated by the asset investment.
An asset is any property or resources owned by an individual or a company that has commercial or exchange value. Returns on assets are the benefit generated by the asset investment. The assets with the highest expected returns are those that have a high degree of uncertainty and thus a higher risk, while the assets with the lowest expected returns are those with a lower degree of uncertainty and a lower risk. Here, Beta and Standard deviation are the most commonly used tools to measure risk and returns.
Beta measures the volatility of the stock with respect to the market. A beta of less than one signifies that the stock is less volatile than the market. On the other hand, if the beta is greater than one, it implies that the stock is more volatile than the market. Therefore, as the beta increases, the risk of the stock increases. So, stocks with a higher beta have a higher risk than stocks with a lower beta.
The standard deviation measures the amount of volatility in a security. The higher the standard deviation, the higher the volatility, and the higher the risk involved. Therefore, stocks with a higher standard deviation have a higher risk than stocks with a lower standard deviation.
Out of the four given options, the highest expected return is from option D, where the Standard deviation is 11% and the beta is 1.5. Stocks with a higher beta, like option D, have higher risk and return potential. On the other hand, the lowest expected return is from option A, where the Standard deviation is 15%, and the beta is 0.8. Stocks with a lower beta, like option A, have lower risk and return potential.
In conclusion, the asset with the highest expected return is D, while the asset with the lowest expected return is A.
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Suppose that Starbucks reduces the price of its premium coffee from $2.20 to $1.80 per cup, and as a result, the quantity sold per day increased from 400 to 500. Over this price range, the price elasticity of demand for Starbucks coffee is
Answers
the price elasticity of demand for Starbucks coffee is negative, we know that it is an inferior good. In other words, as the price of Starbucks coffee decreases, the quantity demanded increases.
However, the magnitude of the price elasticity of demand is also important. In this case, the magnitude is greater than 1, which means that the demand for Starbucks coffee is relatively elastic. This means that a change in price has a significant impact on the quantity demanded. Therefore, if Starbucks were to decrease the price of its premium coffee even further, it could expect to see a significant increase in the quantity demanded.In this scenario, Starbucks has decreased the price of its premium coffee from $2.20 to $1.80 per cup. As a result, the quantity sold per day increased from 400 to 500 cups. The price elasticity of demand for Starbucks coffee can be calculated by using the following formula:Price Elasticity of Demand = Percentage Change in Quantity Demanded / Percentage Change in Price
To calculate the percentage change in quantity demanded, we can use the following formula:
Percentage Change in Quantity Demanded = ((New Quantity - Old Quantity) / Old Quantity) x 100
Using the numbers given in the scenario, we can calculate the percentage change in quantity demanded as follows:
Percentage Change in Quantity Demanded = ((500 - 400) / 400) x 100 = 25%
To calculate the percentage change in price, we can use the following formula:
Percentage Change in Price = ((New Price - Old Price) / Old Price) x 100
Using the numbers given in the scenario, we can calculate the percentage change in price as follows:
Percentage Change in Price = (($1.80 - $2.20) / $2.20) x 100 = -18.18%
(Note that we use a negative sign for the percentage change in price because the price has decreased.)
Now we can use these values to calculate the price elasticity of demand for Starbucks coffee as follows:
Price Elasticity of Demand = (25% / -18.18%) = -1.375
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APPLICATION & ANALYSIS. CYCLE TIME & WIP.Answer the following questions:Determine the operating hours, Total Peak Times, and Non-Peak Times: 1. What is the Average Arrival Rate () during peak time. 2. How much is the Work-in-Progress (WIP) during peak time. 3. Determine the Average Cycle Time (CT) during peak time. 4. Calculate for the Average Arrival Rate () during non-peak time. 5. How much is the Work-in-Progress (WIP) during non-peak time. 6. Determine the Average Cycle Time (CT) during non-peak time. PART III. APPLICATION AND ANALYSIS ON QUEUING THEORY. Assumptions:
Mean Arrival Rate ( ) = 1.5 customers/hour Number of Servers (c ) = 1
Mean Service Rate () = 2 customers/hour 1. Calculate and determine the Occupation rate. (p) 3. Determine the average system in system (W). 4. What is the average time in queue (Wq)? 5. Determine the length of queue (Lq). 2. What is the average number in system average (L)?
Answers
The occupation rate is 0.75.
What is the occupation rate in the queuing system?The operating hours are not specified in the given information.
The total peak times are not provided.
The non-peak times are not provided.
1. Average Arrival Rate () during peak time:
Without information about peak times, it is not possible to determine the average arrival rate during peak time.
2. Work-in-Progress (WIP) during peak time:
No information is given about the work-in-progress (WIP) during peak time.
3. Average Cycle Time (CT) during peak time:
Since there is no data on peak times, the average cycle time during peak time cannot be determined.
4. Average Arrival Rate () during non-peak time:
The average arrival rate during non-peak time is not provided.
5. Work-in-Progress (WIP) during non-peak time:
The information regarding the work-in-progress (WIP) during non-peak time is not given.
6. Average Cycle Time (CT) during non-peak time:
The average cycle time during non-peak time cannot be determined without specific data.
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#1 You are driving down the highway when one of your tires suddenly blows out. You should
Pump your brakes rapidly, and steer your vehicle to control any skids.
Avoid using your brakes. Slow down gradually and concentrate on steering.
Press hard on your brake pedal and stop as quickly as you can.
Answers
A U.S. company that manufactures home appliances is interested in entering the Chinese market. The company has many national appliance competitors in China, all of which have a better understanding of the unique needs of Chinese customers. Based on these facts, the U.S. company should consider which strategy for entering the Chinese market
Answers
Answer: Global strategic alliance
Explanation:
A global strategic alliance is an arrangement that takes place between two companies when they both go into a project that is mutually beneficial even though the independence of each company is still retained.
Based on these facts that have been given in the question, the U.S. company should consider using this strategy for entering the Chinese market.
A firm in a purely competitive industry has a typical cost structure. The normal rate of profit in the economy is 5 percent. This firm is earning $15 on every $150 invested by its founders. Instructions: Enter your answers as whole numbers. a. What is its percentage rate of return? b. Is the firm earning an economic profit? If so, how large? c. Will this industry see entry or exit? d. What will be the rate of return earned by firms in this industry once the industry reaches long-run equilibrium?
Answers
Answer and Explanation:
The computation is shown below:
a. The rate of return in percentage is
= return ÷ investment
= $15 ÷ $150
= 10%
b. The economic profit is
= rate of return - normal profit rate
= 10% - 5%
= 5%
c. As the economic profit is more than 0 so it should be the entry
d. The rate of return in the long-run equilibrium to the 5% as the rate of return should be equivalent to the normal rate of profit
Which of the following three situations is least likely to occur at the same time as the other two situations? Why?
1) Real GDP is less than potential GDP.
2) An economy in a strong, 5-year expansion.
3) An unemployment rate above the natural rate of unemployment.
Answers
Answer: I'm going to take a guess and say 1 and 3.
Explanation: Just taking a guess.
Exclusions are used in insurance policies for all of the following reasons EXCEPT O to reduce moral hazard. O to waive policy conditions. to eliminate coverage for uninsurable perils. to eliminate coverage not needed by typical insureds. Click Save and Submit to save and submit.
Answers
Exclusions are used in insurance policies for all of the following reasons EXCEPT to waive policy conditions.
Exclusions in insurance policies serve several purposes, including reducing moral hazard, eliminating coverage for uninsurable perils, and eliminating coverage not needed by typical insureds.
are specific circumstances, events, or risks that are not covered by the insurance policy. They help insurers manage risks and prevent potential abuses or fraudulent claims. However, exclusions do not exist to waive policy conditions. Policy conditions are the general rules and requirements that insured individuals must adhere to in order to maintain coverage, such as paying premiums on time or notifying the insurer of changes in circumstances. Exclusions and policy conditions serve different functions within an insurance policy.
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Who would benefit from the embargo against country x? who would be hurt by it? be sure to consider both producers in country x and foreign producers in other countries. explain your answer
Answers
The international locations have achieved the largest income beneficial properties as a end result of the rules-based global trading system, the file found.
The US benefited by way of $87 billion (€77.7 billion) in 2016, China with the aid of $86 billion while Germany reaped some $66 billion in financial rewards.
Does global alternate benefit negative countries?Increased Economic ResourcesDeveloping nations can benefit from free exchange by way of increasing their quantity of or access to financial resources. Nations normally have constrained financial resources. Economic resources include land, labor and capital. Land represents the herbal assets discovered inside a nations' borders.
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https://brainly.com/question/14926566#SPJ4A person's debt-to-income ratio describes:
O A. how often the person's credit score changes based on increasing
levels of debt.
B. how much money a person can borrow from a bank at any given
time.
O c. how frequently a person has to make payments on a significant
debt.
O D. how much the person has borrowed compared to how much he or
she earns.
Answers
Answer:
O D. how much the person has borrowed compared to how much he or
she earns
Explanation:
Your debt-to-income ratio is all your monthly debt payments divided by your gross monthly income. This number is one way lenders measure your ability to manage the monthly payments to repay the money you plan to borrow. ... If your gross monthly income is $6,000, then your debt-to-income ratio is 33 percent.
A person's debt-to-income ratio describes how much the person has borrowed compared to how much he or she earns. Thus, the correct answer is option D.
What is debt-to-income ratio ?Lenders use the debt-to-income (DTI) ratio to determine your borrowing risk. It is the percentage of your gross monthly income that goes toward paying your monthly debt payments.
Divide all monthly debt payments by gross monthly income to get the debt-to-income ratio. This is how lenders assess our ability to manage monthly payments in order to repay the money we intend to borrow.
A DTI of 43% is typically the highest ratio a borrower can have while still qualifying for a mortgage, but lenders prefer ratios no higher than 36%. A low DTI ratio indicates adequate income relative to debt servicing, making a borrower more appealing.
Therefore, option D is correct.
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QUESTION 5 of 10: Last year, your store's total revenue was $272,000. The store's total discounts were $3,505 and returns totaled $1,459.
What were your store's net sales?
a) $209,844
b) $254,984
c) $267,036
d) $289,890
Answers
Answer:
c) $267,036
Explanation:
Net sales will the total revenue minus discounts minus the sales returns.
I.e Net sales = Revenue - discounts -returns
=$272,000- $3,505 - $1,459.
=$267,036
I Will give brainliest!!!!!!!!!!!! Now I know this isn't a question for schools, but I figured I really need this answer. A friend and I have a really good idea for a device, but we don't know anything about making machines and coding. How would we get someone who would help us make this idea a reality. I don't mean investors, because then we would still need to make a prototype, I mean find someone with the capabilities of producing our product as well as code it, and so on
Answers
Answer:
post an ad online
Explanation:
or flyers in your city work well to, my friend and i did that and we got a lot of offers
Identify a USE of cash:(select only one alternative)(Group of answer choices)Equity is issuedAccounts Receivable goes downDividend is paidAccounts Payable goes upMachinery is sold
Answers
One use of cash is paying dividends to shareholders. Dividends is paid distributions of a company's profits to its shareholders and can be paid in cash, stock, or other assets. Option (C)
Paying dividends can be a way for companies to reward their shareholders for their investments and increase their attractiveness to new investors. However, paying dividends also reduces a company's cash reserves and may limit its ability to invest in future growth opportunities or pay off debt. Therefore, companies need to balance their dividend payouts with their long-term financial goals and obligations. Ultimately, paying dividends is one way for companies to deploy their cash resources and manage their relationships with shareholders.
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Full Question ;
Identify a USE of cash:
(select only one alternative)
(Group of answer choices)
Equity is issued
Accounts Receivable goes down
Dividend is paid
Accounts Payable goes up
Machinery is sold
What are the 5 main types in the chart of accounts?
Answers
Does anyone got an answer to this question?
1. Under what circumstances would an increase in a nation's average income not lead to an increase in the income of the typical, median household?
Answers
There is generally a direct correlation between income and demand for products and services; however, this relationship is not always present.
What do you mean by "products"?
A product is an item or service that you offer to meet a customer's need or desire. Real and virtual ones are both possible. Physical objects are classified into two types: nondurable products and durable items such as computers, furniture, and automobiles (like food and beverages).
Convenience goods, shopping goods, specialty products, and unsought goods are the four different sorts of products, and each is categorized according to consumer preferences, pricing, and product features. Byproducts include straw from grain harvesting operations, salt from desalination plants, sawdust from sawmills, and manure from feedlot operations.
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What are two major advantages and two major disadvantages of having unions in the United
States? Explain each advantage or disadvantage.
Answers
Answer:
two major advantages of unions:
1. we get more items from different countries
2. Unions promote higher wages and better benefits
two major disadvantages:
1. Labor unions discourage individuality
2. Unions can drive up costs as well as making it harder to promote and terminate workers.
Use the following to answer the questions. Suppose that Ray-Ban is considering a new line of sunglasses that would be sold in major department stores. The new line would be positioned as a more distinctive brand than the typical glasses sold through department stores, and would be priced higher than other brands in the store, but a lower price line than the current Ray-Ban lines that are sold through more selective stores. In determining the price for this sunglass line, Ray-Ban wants to gather information about all brands sold in department stores and about customers' perceptions of those brands. Refer to Scenario 12.3. Ray-Ban's plan of gathering information about the other brands sold in department stores, including their prices, would most likely be used in a ____ basis for pricing.
Answers
Answer: Demand based pricing
Explanation:
Ray-Ban's plan of gathering information about the other brands sold in department stores, which includes their prices, would most likely be used in a demand based basis for pricing
Demand-based pricing, refers to the method of pricing whereby the fluctuations in the demand of consumers is considered.
Due to the flctuations, the prices are adjusted in a way that fits the changes in the values of the product.
A deli i trying out new label for their cylindrical-haped wheel of cheee. The label cover the entire wheel except the circular top and bottom. If the wheel ha a radiu of 20 centimeter and a height of 18 centimeter, how many quare centimeter of the wheel doe the label cover? (Approximate uing pi equal 22 over 7)
1,760 over 7 quare centimeter
15,840 over 7 quare centimeter
33,440 over 7 quare centimeter
267,520 over 7 quare centimeter
Answers
The required area that the label would cover is given as 15,840/7 \(\mathbf{cm^{2}}\).
The correct option is option b.
As mentioned in the question,
The wheel has a radius of 20 centimetres and a height of 18 centimetres,
What is surface area?Any shape's surface area, also known as the amount of area covering a 3D shape's exterior, is the portion of the shape that is exposed.
here,
Area of the label, = 2πrh
Substitute the value in the above formula,
Area of the label = 2 × 22 / 7 × 20 × 18
Area of the label =15,840/7 \(cm^{2}\).
Thus, the required area that the label would cover is given as 15,840/7 \(cm^{2}\).
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The label is 15,840 over 7 square centimeters of the wheel surface area.
Any shape's surface area, also known as the amount of area covering a 3D shape's exterior, is the portion of the shape that is exposed.
here, Area of the label, = 2πrh
Substitute the value in the above formula,
Area of the label = 2 × 22 / 7 × 20 × 18
Area of the label =15,840/7 . the required area that the label would cover is given as 15,840/7 . A three-dimensional shape's surface area is the sum of all of its faces. Finding the area of each face and adding them together gives us the surface area of a shape. The quantity of space enclosing a three-dimensional shape's exterior is its surface area.
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when must insurable interest exist in a life insurance policy
Answers
Insurable interest must exist at the time of policy inception.
Insurable interest refers to the financial or emotional interest an individual has in the life of the insured.
In life insurance, the policyholder must have a valid reason to insure the life of the insured, typically based on a close relationship or financial dependency.
Insurable interest must be present at the time the policy is taken out, ensuring that the policyholder has a legitimate interest in the insured person's life.
This requirement is in place to prevent individuals from taking out insurance policies on the lives of unrelated individuals for speculative purposes.
If insurable interest does not exist at the inception of the policy or ceases to exist during the policy term, the policy may become void or unenforceable.
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Insurable interest must exist at the time of policy inception in a life insurance policy. It refers to the financial or emotional interest the policyholder has in the life of the insured person.
Explanation:In a life insurance policy, insurable interest must exist at the time of policy inception. Insurable interest refers to the financial or emotional interest that the policyholder has in the life of the insured person. It serves as a basis for the policyholder's potential loss if the insured person were to pass away.
For example, in the case, where a person can have an insurable interest in their own life for their own life insurance policy. Additionally, a person can have an insurable interest in the life of a close family member, such as a spouse or child, as they would suffer financial or emotional loss in the event of their death.
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