What interest rate (the nearest percent) must Charlie earn on a $452,000 investment today so that he will have $1,140,000 after 12 years?
Use the information below to get answer:
$452,500 = $1,140,000 x PVF12, i=? 0.39693 = PVF12, i=? i = 8% (0.39711 = PVF12, i=8% )
(We will be using a 4 function calculator)
Answers
Charlie must earn an 8% interest rate on his $452,000 investment to have $1,140,000 after 12 years.
To find this, we used the Present Value Factor (PVF) formula, which is given as: $452,000 = $1,140,000 * PVF12, i=?
We are given the PVF12 value as 0.39693.
1. Divide $452,000 by $1,140,000: 452000/1140000 = 0.39649
2. Compare the calculated value (0.39649) with the given PVF12 value (0.39693)
3. Notice that the calculated value is very close to the given PVF12 value.
4. Look at the PVF table or use a financial calculator to find the interest rate corresponding to a PVF of approximately 0.397.
5. We find that the nearest percent for the interest rate is 8% (0.39711 = PVF12, i=8%)
Hence, Charlie must earn an 8% interest rate to achieve his goal.
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Related Questions
for human services pleaseeeeeeeeeeee help <3
Answers
Answer:
gghddhshdjshsjgsgsgshsnssmadWhen a sale is recorded on an Invoice, Quickbook records a:
Debit (increase) to cash
Credit (increase) to owners contribution
Debit (Increase) to accounts receivable
Credit (increase) to accounts payable.
To enter a sales transaction with payment to be received later:
From the navigation Bar, Select vendors
From the navigation bar, select expenses
From the Create (+) icon, select invoice
From the Gear Icon, Select sales transactions
When a customer pays cash at the time of sale, what do you record?
A sales receipt
An invoice
A purchase order
A thank you note
When a customer purchases products or services but does not pay at the point of sale, what do you record?
A sales receipt
An invoice
A purchase order
A reminder
We can update the customers list at which of the following two points?
Before entering transactions
While entering transactions
After entering transactions
Which of the following two are Customers and Sales transactions?
Invoice
Receive payment
Pay bills
Check
Types of products and services on the products and services list include which of the following?
Service
Batch
Inventory
All of the above
Which of the following products and service types track quantities?
Service items
Inventory items
Non-inventory items
None of the above
When preparing a sales receipt if we select deposit to undeposited funds, then we must:
Create a bank deposit to move the customer payment from undeposited funds to the checking account.
No further action is required
Create a second sales receipt depositing the amount to the checking account
Create a subsequent invoice depositing the amount to the checking account.
When preparing a sales receipt, if we select deposit to a checking account then we:
Create a bank deposit to move the customer payment from the checking account to the undeposited Funds account.
No further action is required
Create a second sales receipt depositing the amount to the checking account.
Create a subsequent invoice depositing the amount to the checking account.
Indicate the order in which the following onscreen customers and sales transaction forms typically should be prepared:
Invoice+ bank deposit+ receive payment
Invoice+ Sales receipt+ Bank deposit
Invoice+ receive payment+ bank deposit
None of the above
Which of the following reports provides information about which customers owe money to a business?
Profit & loss
Balance sheet
Statement of cash flows
Accounts receivable aging
Accounts receivable are:
Amounts totaling the net worth of a company.
Amounts paid to owners
Amounts that customers owe your business
Amounts owed to others and are future obligations.
Answers
The correct order for onscreen customers and sales transaction forms is Invoice, receive payment, and bank deposit. The Accounts Receivable Aging report provides information about which customers owe money to a business. Accounts receivable are amounts that customers owe your business.
When a sale is recorded on an Invoice, Quickbook records a Debit (increase) to accounts receivable and a Credit (increase) to sales. When a customer pays cash at the time of sale, you would record a sales receipt. When a customer purchases products or services but does not pay at the point of sale, you would record an invoice. The customer list can be updated at any point, including before, while, or after entering transactions. Invoice and receive payment are both Customer and Sales transactions. Types of products and services on the products and services list include Service, Batch, and Inventory. Inventory items track quantities. When preparing a sales receipt, if you select deposit to undeposited funds, you must create a bank deposit to move the customer payment from undeposited funds to the checking account. When preparing a sales receipt, if you select deposit to a checking account, you do not need to take any further action. The typical order for onscreen customers and sales transaction forms is an Invoice, Sales Receipt, or Bank deposit. The Accounts receivable aging report provides information about which customers owe money to a business. Accounts receivable are amounts that customers owe your business.
When a sale is recorded on an Invoice, QuickBooks records a Debit (Increase) to accounts receivable and a Credit (increase) to owners' contribution. To enter a sales transaction with payment to be received later, you should use the Create (+) icon and select Invoice. When a customer pays cash at the time of sale, you record a Sales Receipt. When a customer purchases products or services but does not pay at the point of sale, you record an Invoice.
You can update the customer list before entering transactions and while entering transactions. Invoice and Receive payment are Customer and Sales transactions. Types of products and services on the list include Service, Inventory, and Batch. Inventory items are the ones that track quantities.
When preparing a sales receipt and selecting deposit to undeposited funds, you must create a bank deposit to move the customer payment from undeposited funds to the checking account. When preparing a sales receipt and selecting deposit to a checking account, no further action is required.
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who is indirectly benefitted by the tax we have paid
Answers
Answer:
Because no one lives in isolation, tax dollars from a variety of sources benefit you, your family and your neighbors, no matter the size of income. Every time you get into your car and travel on a public highway, you ride on roads built, maintained, and paid for by state and local road funds replenished by tax dollars.
Explanation:
Answer: the government
Explanation: because they ar collecting our taxes they can use it for building projects or something they wanna do
what insurance is used to protect an organization against dishonest or fraudulent internal employee behavior?
Answers
The insurance used to protect an organization against dishonest or fraudulent internal employee behavior is called fidelity insurance.
Fidelity insurance is also known as crime insurance or employee dishonesty insurance. This insurance covers losses that are caused by fraudulent or dishonest actions taken by an employee, such as theft of company property or embezzlement of company funds.
It is important for organizations to have this type of insurance in place to protect against potential financial losses and to ensure that they are able to recover from any fraudulent or dishonest behavior by employees.
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The class trip is going to cost each of the fifty
students $130.00. If tax is 5%, what is the total
cost for the entire class?
Answers
Answer:
$6,825.00
Explanation:
50x$130=$6,500.00
$6,500 × 5% = $325.00
$325.+$6,500=6,825.00
Before computerization or data analytics, how would companies find that they had made duplicate payments? Select all choices that apply. (You may select more than one answer. Single click the box with the question mark to produce a check mark for a correct answer and double click the box with the question mark to empty the box for a wrong answer. Any boxes left with a question mark will be automatically graded as incorrect.) 2 Random chance 2 Evaluation of all payments Auditor sampling Reported by vendor
Answers
Before computerization or data analytics, companies would typically identify duplicate payments through a combination of random chance, evaluation of all payments, and auditor sampling.
Random chance refers to the possibility of accidentally discovering a duplicate payment through manual review or reconciliation processes. Evaluation of all payments involves thoroughly reviewing all payments made by the company to identify any potential duplicates. Auditor sampling is a method used by auditors to select a sample of payments for detailed examination to detect any duplicates. Additionally, duplicate payments may also be reported by the vendor, especially if they notice and bring it to the company's attention. These manual methods were time-consuming and relied heavily on human effort and judgment to identify duplicate payments before the advent of computerization or data analytics.
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Which of these would be considered an entrepreneur?
O A. A nurse in a hospital
O B. The owner of a local coffee shop
O C. A school teacher
O D. A public transportation bus driver
Answers
Answer:
I think its B
Explanation:
Because you own your own place
The owner of a local coffee shop would be considered an entrepreneur. Hence, option B is correct.
What is meant by entrepreneur?Entrepreneurs are people who launch new businesses, bearing the bulk of the risks and getting the majority of the rewards. Starting a business is a practice of entrepreneurship.
The entrepreneur is generally regarded as an inventor who develops novel ideas for goods, services, companies, and operating procedures. Several well-known businesspeople include Bill Gates, Steve Jobs, Mark Zuckerberg, Pierre Omidyar, Arianna Huffington, and Caterina Fake.
Some kinds of entrepreneur are -
Small Businesses Entrepreneurship.
Scalable Start-up Entrepreneurship.
Social Entrepreneurship.
Large Company Entrepreneurship.
Thus, option B is correct.
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An investment project that costs $45,000 provides cash inflows of
$8,710 in year 1; $9,560 in year 2; $10,820 in year 3; $7,380 in
year 4 and $9,230 in year 5. What is the NPV of the project if the
co
Answers
The NPV of the project depends on the discount rate and is not provided in the question. Therefore, the NPV cannot be calculated without knowing the discount rate.
The Net Present Value (NPV) of an investment project is determined by discounting the cash inflows and outflows using a specified discount rate. The cash inflows for each year are given, but to calculate the NPV, we need to discount these cash flows back to their present value. The discount rate represents the opportunity cost of capital or the required rate of return for the project. Without the discount rate, it is not possible to calculate the NPV. To calculate the NPV, we would discount each cash inflow using the appropriate discount rate and subtract the initial cost of the investment. The NPV would then be the sum of the present values of the cash inflows minus the initial investment cost. However, since the discount rate is not provided, the NPV cannot be determined.
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Create a minimum of 10 questions that you will ask your potential marketing client in order to be able to create and develop an advertising campaign for them. Utilize the information in the focus section above and in your course lessons. You will need to gather information about their company and its values, the area of focus for the ad campaign, target market, and other pertinent information.
Answers
Answer:
1. Are you advertising to a specific group of people/ Who is your target audience?
2. How would you reach out to that audience/What emotions are you trying to trigger within their minds?
3. How would you justify your prices?
4. Is your idea viable in the current market?
5. How would you differentiate your goods and services from any other similar products in the industry?
These are just examples. Hope this helps!
If bank with leverage of 8 to 1 increases its assets by adding $1 to capital for every $1 added to assets:
a. leverage increases.
b. leverage decreases.
c. leverage stays constant.
d. the answer cannot be determined from the information in the question.
Answers
If a bank with a leverage of 8 to 1 increases its assets by adding $1 to capital for every $1 added to assets: leverage decreases. Thus, option B is the correct option.
Leverage falls if an 8:1 bank raises assets by increasing capital by $1 for every $1 growth in assets. Deleveraging is the process through which a business or person tries to reduce their overall financial leverage. Deleveraging, then, is the elimination of debt and the polar opposite of leverage.
Paying up any outstanding debts and commitments on an entity's balance sheet right away is the quickest approach to deleveraging. If unable to do so, the business or person may be at an elevated risk of default. Deleveraging aims to lower the proportion of a company's balance sheet that is supported by liabilities.
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The following transaction has been recorded in the general Journal entry:? 1,200 Accounts payable Cash 1,200 Which of the following could be an explanation for this transaction? Multiple Choice Provided services on account Pald cash to settle accounts payable Collected cash from customers Which of the following could be an explanation for this transaction? Multiple Choice Ο Provided services on account Ο Paid cash to settle accounts payable Ο Collected cash from customers Ο Borrowed money to support operating activities
Answers
The transaction which is recorded in the general Journal entry of 1200 is accounts payable cash of 1200. Among the given choices, Paid cash to settle accounts payable could be the best explanation for the transaction.
This indicates that the company has paid cash to settle the amount that is due to its creditor. In general, an accounts payable represents an amount that a company owes to its creditors. It could be for the goods and services availed by the company from the suppliers. When the company pays cash to settle the accounts payable, the creditor reduces the amount due from the company.
It results in a decrease in the liability of the company and cash outflow. Hence, paid cash to settle accounts payable could be an explanation for this transaction. Long answer may also include an elaborated explanation of the other given choices.
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Explain the concept of market and market identification.
Identify communications channels used in sales promotion.
Explain types of advertising media.
Describe effective advertising layouts.
Write copy for advertisements.
Answers
Copywriting for advertisements should be concise and to the point, utilize descriptive language, use active voice, include an attention-grabbing headline, and provide a clear call-to-action.
What is Copywriting?Copywriting is the practice of crafting words and phrases in order to create promotional materials that are designed to sell products or services. It requires a great deal of creativity and an ability to write in an engaging and persuasive manner. Copywriting involves researching, understanding the target audience, creating attention-grabbing headlines and crafting persuasive copy to persuade readers to take action. It is an essential part of the marketing process and can be used to effectively reach potential customers and increase sales. Copywriters use a variety of techniques to create effective copy, such as using powerful words, creating vivid imagery, and making use of persuasive language. Copywriters must be able to understand the needs of their target audience, create compelling headlines and body copy, and be able to effectively target the right people. In addition, copywriters must be able to measure the success of their copy and make adjustments based on the results.
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In order to discount multiple cash flows to the present, one would use
Multiple Choice
a) the appropriate compound rate.
b) the appropriate discount rate.
c) the appropriate simple rate.
d) the appropriate tax rate.
Answers
b) the appropriate discount rate.
What is used to discount multiple cash flows to the present?b) the appropriate discount rate.
To discount multiple cash flows to the present, the appropriate discount rate is used. The discount rate represents the rate of return or cost of capital that is used to determine the present value of future cash flows.
By applying the discount rate, the future cash flows are adjusted to their present value, taking into account the time value of money. This allows for a fair comparison and evaluation of cash flows occurring at different points in time. Therefore, the appropriate discount rate is used to discount multiple cash flows and bring them to their present value.
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What does this sign mean?
Answers
Answer:
Pedestrian : A person who walks on foot rather than in vehicles.
2. If changes happen during September or October, which expenses will you be able to change most easily? Give an example of how you could make a change. (5 points)
Answers
The correct answer to this open question is the following.
Although the question does not provide any context, references, or give options, we can say that if changes happen during September or October, the expenses you will be able to change most easily are according with the provisions projected in the annual plan, the budget, compared with the monthly expenses.
That is why a company has to elaborate on a good financial plan and overseeing the projections and true sales of the marketing and sales plan. This is important to take the proper control of expenses and revenues. Depending on the volume of sales during September and October, you can decide what kind of changes or adjustments to make in the following months.
Answer:
I would be able to change the variable expenses most easily. Such as food, clothing, and discretionary spending.
I could make the change by
Budgeting in October:
food from spending -$70 back to -$60
cut clothes off since I bought some already from -$40 to $0
budget my discretionary spending from -$60 back to -$40
This would increase my savings to $230
Which cable news network produces the most straight reporting?
A. MSNBC
B. ESPN
C. CNN
D. FOX
Answers
Answer:
C.
Have a good morning✨
Answer:
A
Explanation:
The marketing concept is all about meeting the consumer's_____. Choose the best answer.
A) needs
B) Wants
C) Expectations
D) None of the above
Answers
Tyrrell's small lumber company aims to fulfill the economic foundation of business. What first step must his company take to achieve this goal?
-be a good corporate citizen
-save the environment
-obey the law
-earn profits
-do what is right
Answers
The first step must his company take to achieve this goal is: earn profit.
What is profit?Profit is what a person gain from the sell of products after deducting their expenses and other production cost.
In order for the company to achieve their set goals which is to fulfil the economic foundation business they need to first of all earn profits from their business.
Therefore the company needs to earn profit.
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the moment-of-truth is the crucial moment between the service provider and the customer that exemplifies, enhances, or detracts from the customer's expectations.
Answers
The moment of truth is a crucial point in time between the service provider and the customer, during which the service provider's actions can exemplify, enhance, or detract from the customer's expectations, ultimately affecting their overall satisfaction.
That is correct. The moment of truth is a crucial moment that can make or break a customer's experience with a service provider. It is the moment when the customer's expectations are either met or not met, and it can greatly impact the customer's perception of the service provider. The way the service provider handles this moment of truth exemplifies their level of service and can either enhance or detract from the customer's expectations. Therefore, it is important for service providers to be aware of and prepared for these moments of truth in order to provide the best possible customer experience.
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Example: Customers arrive at a carwash according to Poisson Distribution with mean 4 per hour. Time for washing a car is exponentially distributed with mean 10 minutes per car. The facility contains one service bay
1- What percent of the time the facility will be idle?
2- How many cars will be waiting for service when a customer arrives? (expected value)
3- How many cars will be in the facility when a customer arrives?
4-How long a customer arriving at the facility will have to wait before his/her car is washed?
5- How long a customer arriving at the facility will take till his/her car is washed and ready to leave the facility?
6-How many parking spaces should be provided so that an arriving customer will find an empty space at least 90% of the time? (let s be the desired number of parking spaces)
PLEASE SOLVE ALL OF QUESTIONS and SOLVE IT MANUALLY USING EQUATIONS
Answers
1. The facility will be idle approximately 6.7% of the time.
2. On average, there will be 0.4 cars waiting for service when a customer arrives.
3. On average, there will be 0.4 cars in the facility when a customer arrives.
4. A customer arriving at the facility will have to wait approximately 2.5 minutes before their car is washed.
5. A customer arriving at the facility will take approximately 12.5 minutes until their car is washed and ready to leave the facility.
6. To ensure that an arriving customer finds an empty parking space at least 90% of the time, approximately 3 parking spaces should be provided.
1. The percent of time the facility will be idle can be calculated using the formula for the Poisson distribution, where the mean arrival rate is 4 per hour. By plugging in the values, we find that the facility will be idle approximately 6.7% of the time.
2. The expected number of cars waiting for service when a customer arrives can be calculated using the formula for the Poisson distribution, where the mean arrival rate is 4 per hour and the mean service time is 10 minutes per car. By multiplying the arrival rate by the service time, we find that on average, there will be 0.4 cars waiting for service when a customer arrives.
3. Similarly, the expected number of cars in the facility when a customer arrives can also be calculated as 0.4 cars using the same approach.
4. The waiting time for a customer can be calculated using the formula for the exponential distribution, where the mean service time is 10 minutes per car. The average waiting time is half of the mean service time, so a customer arriving at the facility will have to wait approximately 2.5 minutes.
5. The total time a customer spends at the facility, including waiting and service time, can be calculated by adding the waiting time to the mean service time. Thus, a customer arriving at the facility will take approximately 12.5 minutes until their car is washed and ready to leave.
6. To determine the number of parking spaces needed, we need to find the minimum number of spaces that will ensure an empty space at least 90% of the time. This can be calculated using the formula for the Poisson distribution with the desired probability of finding an empty space. By plugging in the values and solving for the number of spaces, we find that approximately 3 parking spaces should be provided.
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Sales tax is calculated by multiplying the price of an item by the
withholding amount
income tax
tax rate
Answers
Explain
I am a tax person
Answer:
tax rate
Explanation:
got it right on test
Type the correct answer in the box. Spell all words correctly.
Identify the economic goal of sales management.
Every nation aims for economic growth and _____ for all its citizens.
Answers
Answer:
best guess is security
Explanation:
Every nation aims for economic growth and Rights for all its citizens. As the national economic goals were, full employment, economic growth, security, and stability.
What is economics?The term Economics is the study of scarcity and its inferences for the use of resources, manufacture of goods and services, growth of production and welfare over time, and a great diverseness of other complex issues of vital concern to society.
Economic skillfulness is important because it grants businesses to reduce their costs and change their output. For consumers, economic efficiency leads to lower prices for goods and services.
As with every nation, there are some goals for economic growth, price stability, and full employment. Economic growth refers to a nation's ability to produce more goods and services over time.
Therefore, option (B) is correct.
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_____ encompasses loyalty and a deep concern for an organization's welfare.
Answers
Affective commitment encompasses loyalty and a deep concern for an organization's welfare.
Affective commitment refers to a psychological attachment and emotional connection an individual develops towards an organization. It goes beyond mere job satisfaction and encompasses loyalty and a deep concern for the organization's welfare. Employees with high affective commitment feel a strong sense of belonging and identification with the organization's values, goals, and mission.
They are genuinely dedicated and willing to invest their time, effort, and energy to contribute to the organization's success. Affective commitment is driven by positive emotions, trust, and a belief in the organization's purpose, fostering long-term engagement, dedication, and a desire to support the organization through thick and thin.
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Which economic tool would most likely be used as part of a contractionary
monetary policy?
A. Lowering the reserve requirement
O B. Raising interest on reserves
C. Buying treasury securities
D. Reducing the discount rate
SUBMIT
Answers
Answer:
O B. Raising interest on reserves
Explanation:
The Federal Reserve expects banks to keep a percentage of customer deposits as reserves. The reserves cater to both the normal and unexpected withdrawals. The Federal Reserve (Fed) also uses reserve requirements as a monetary policy tool.
Interest on reserves is one of the monetary policy tools that the Fed uses regularly. The Fed pays interest on any excess reserves held by the banks. Increasing the interest paid on reserves encourages banks to hold more money. Decreases the interest prompts the banks to lend out more. Contractionary monetary policies are measures aimed at decreasing the money supply in the economy. Increasing interest on reserves increases money held in the banking sectors, thereby slowing down money circulation.
Answer: B. Raising interest on reserves
Explanation:
Just got it right!!!
yoinkers my dude, take some and pass on.
Answers
Answer:
l
Explanation:
Answer:
u serious my dude
Explanation:
A company that uses the periodic inventory provides the folloving information: 1. Beginning Inventory $12,000 2. Net Purchases $93,000 At the end of the period, the physical count of inventory reveals that $13,000 of inventory is on hand. What is the amount of cost of goods sold?
Answers
The amount of cost of goods sold for the company is $92,000.
The amount of cost of goods sold for the company that uses the periodic inventory system can be calculated by using the following formula:
Cost of Goods Sold = Beginning Inventory + Net Purchases - Ending Inventory
In this case, the beginning inventory is $12,000, the net purchases are $93,000, and the ending inventory is $13,000. Plugging these values into the formula, we get:
Cost of Goods Sold = $12,000 + $93,000 - $13,000
Cost of Goods Sold = $105,000 - $13,000
Cost of Goods Sold = $92,000
Therefore, For the business, the cost of products sold is $92,000.
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As accenture explores an end-to-end business flow that has reconciliation between multiple parties, what would we uncover?.
Answers
As Accenture explores an end-to-end business flow that has reconciliation between multiple parties, the thing that we would uncover is option c: shared state.
What is shared state?Shared state is known to be any kind of variable, object, as well as memory space that can be found in a shared state, or as the property of an object that is known to be moved or passed between scopes.
Hence, As Accenture explores an end-to-end business flow that has reconciliation between multiple parties, the thing that we would uncover is option c: shared state.
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See full question below
As Accenture explores an end-to-end business flow that has reconciliation between multiple parties, what would we uncover?
ownership
trapped value
shared state
transparency
QUESTION
Thomas invested $200 in an index fund with an average
annual rate of return of 8.4% and an expense ratio of 0.5%.
What was Thomas' annual rate of return after fees?
Answers
To calculate Thomas' annual rate of return after fees, we need to deduct the expense ratio from the average annual rate of return. In this case, Thomas invested $200 in an index fund with an average annual rate of return of 8.4% and an expense ratio of 0.5%.
Subtracting the expense ratio from the average annual rate of return gives us Thomas' annual rate of return after fees.
Therefore, 8.4% - 0.5% results in an annual rate of return of 7.9%.
Hence, Thomas' rate of return on his investment, after accounting for the expense ratio, was 7.9%.
This calculation is essential for determining the actual returns an investor receives on their investment, as it considers the fees and expenses associated with the investment.
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If the value of the goods and services a country produces stays the same
while its population increases, which statement must be true?
O A. The country's unemployment rate has decreased.
O B. The country's total GDP has increased.
O C. The country's per capita GDP has decreased.
O D. The country's rate of inflation has increased.
SUBMIT
Answers
Answer:
C
Explanation:
If the value of the goods and services a country produces stays the same while its population increases The country's per capita GDP has decreased. Thus the correct option is C.
What is a service?Services are referred to as a type of goods that is offered to someone in terms of facilities like the one received in a restaurant or shopping mall. It is a type of commodity or product that is intangible in nature, one can only feel it.
Final or finished goods are products that are sold in the market to satisfy buyers. This item can be both a good and a service, with a good being something tangible and a service being something intangible.
The output from production and sales within the nation is used to calculate GDP. When computing GDP, exports are added because they represent money entering the market, and imports are deducted because they represent money leaving the market.
Therefore, option C is appropriate.
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Is this counted in the GDP of a country ?The services of a mechanic in fixing the radiator on his own car.
Answers
Answer:
Yes this could be counted as GDP
Explanation: