Starting next year, you will need $35,000 annually for 4 years to complete your education. (one year from today you will withdraw the first $35,000.) your uncle deposits an amount today in a bank paying 5% annual interest, which will provide the needed $35,000 payments. how large must the deposit be? do not round intermediate calculations. round your answer to the nearest cent. $ how much will be in the account immediately after you make the first withdrawal? do not round intermediate calculations. round your answer to the nearest cent. $
Answers: 2
Another question on Business
Business, 21.06.2019 21:20
Kahn company's static budget was based on sales volume of 12,000 units. its flexible budget was based on sales volume of 14,000 units. based on this information multiple choice the sales volume variance is expected to be unfavorable. the materials cost volume variance is expected to be favorable. the labor cost volume variance is expected to be unfavorable. none of the answers is correct.
Answers: 3
Business, 22.06.2019 05:30
U.s. internet advertising revenue grew at the rate of r(t) = 0.82t + 1.14 (0 ≤ t ≤ 4) billion dollars/year between 2002 (t = 0) and 2006 (t = 4). the advertising revenue in 2002 was $5.9 billion.†(a) find an expression f(t) giving the advertising revenue in year t.
Answers: 1
Business, 22.06.2019 19:40
Your father's employer was just acquired, and he was given a severance payment of $375,000, which he invested at a 7.5% annual rate. he now plans to retire, and he wants to withdraw $35,000 at the end of each year, starting at the end of this year. how many years will it take to exhaust his funds, i.e., run the account down to zero? a. 22.50 b. 23.63 c. 24.81 d. 26.05 e. 27.35
Answers: 2
Business, 22.06.2019 19:50
Managers in a firm hired to improve the firm's profitability and ultimately the shareholders' value will add to the overall costs if they pursue their own self-interests. what does this best illustrate? a. diseconomies of scale b. principal-agent problem c. experience-curveeffects d. information asymmetries
Answers: 1
You know the right answer?
Starting next year, you will need $35,000 annually for 4 years to complete your education. (one year...
Questions
Mathematics, 08.01.2020 10:31
Spanish, 08.01.2020 10:31
Physics, 08.01.2020 10:31
History, 08.01.2020 10:31
History, 08.01.2020 10:31
Biology, 08.01.2020 10:31
Chemistry, 08.01.2020 10:31
