Find the future value of the following annuities. The first payment in these annuities is made at the end of Year 1; that is, they are ordinary annuities. Round your answers to the nearest cent. (Notes: If you are using a financial calculator, you can enter the known values and then press the appropriate key to find the unknown variable. Then, without clearing the TVM register, you can "override" the variable that changes by simply entering a new value for it and then pressing the key for the unknown variable to obtain the second answer. This procedure can be used in many situations, to see how changes in input variables affect the output variable. Also, note that you can leave values in the TVM register, switch to "BEG," press FV, and find the FV of the annuity due.)
$400 per year for 10 years at 14%.
$
$200 per year for 5 years at 7%.
$
$400 per year for 5 years at 0%.
$
Now rework parts a, b, and c assuming that payments are made at the beginning of each year; that is, they are annuities due.
$400 per year for 10 years at 14%.
$
$200 per year for 5 years at 7%.
$
$400 per year for 5 years at 0%.
$
Answers
a) Here, An ordinary annuity of $400 is given to be paid at the end of each year for a total of 10 years. So, n = 10, PV = 0, PMT = 400, and I/Y = 14.Using the TVM Solver, FV = $7,078.28 (approx)Hence, the future value of the annuity is $7,078.28 (approx)More than 100 words:b).
Here, An ordinary annuity of $200 is given to be paid at the end of each year for a total of 5 years.
So, n = 5, PV = 0, PMT = 200, and I/Y = 7.
Using the TVM Solver, FV = $1,120.18 (approx)Hence, the future value of the annuity is $1,120.18 (approx).c) Here, An ordinary annuity of $400 is given to be paid at the end of each year for a total of 5 years.
So, n = 5, PV = 0, PMT = 400, and I/Y = 0.
Using the TVM Solver, FV = $2,000Hence,
the future value of the annuity is $2,000.Now rework parts a, b, and c assuming that payments are made at the beginning of each year; that is, they are annuities due.a) Here, An annuity of $400 is given to be paid at the beginning of each year for a total of 10 years.
So, n = 10, PV = 0, PMT = 400, and I/Y = 14 and Annuity Due is ON.Using the TVM Solver, FV = $8,105.32 (approx)Hence,
the future value of the annuity is $8,105.32 (approx)b) Here, An annuity of $200 is given to be paid at the beginning of each year for a total of 5 years.
So, n = 5, PV = 0, PMT = 200, and I/Y = 7 and Annuity Due is ON.
Using the TVM Solver, FV = $1,191.02 (approx)Hence,
the future value of the annuity is $1,191.02 (approx).c) Here, An annuity of $400 is given to be paid at the beginning of each year for a total of 5 years.
So, n = 5, PV = 0, PMT = 400, and I/Y = 0 and Annuity Due is ON.Using the TVM Solver, FV = $2,040Hence, the future value of the annuity is $2,040.
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Related Questions
the latest taylor swift album is available to be downloaded for $12.99. is this price a rationing device?
Answers
Yes, because the album will only be purchased by people who are willing and able to pay $12.99.
Hard and soft rationing are the two types of capital rationing.Rationing of hard currency. Rationing imposed on a company by events beyond its control is referred to as hard capital rationing. ...Rationing of soft capital.Setting restrictions on the purchase of specific items in high demand was rationing. Each individual, including infants, received a certain number of "points" from the government that had to be exchanged for cash in order to be used to buy goods made with prohibited materials.Price serves as a rationing mechanism. When deciding how much to produce, producers consider the price that consumers are willing to pay for a product. Producers wouldn't know what they should be making if there were no prices.To know more about rationing here
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What is the marginal revenue and marginal cost for this diagram?
What type of market is this? Explain your answer
Answers
Marginal revenue :
2060120200300420560Marginal cost :
108210192640It is a Monopolistic market structure because marginal revenue is greater than the marginal cost.
Marginal Revenue is the increase in the revenue by selling one extra product in the market. It is calculated by the Change in revenue divided by the change in output.
Marginal cost is the change in cost by producing one extra unit of output. It is calculated by a change in cost divided by the change in units.
Monopolistic market structure is where there are multiple companies producing similar products in the market.Example for monopolistic structure can be a grocery store.
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how to calculate cost of sales and gross profit
Answers
Consider the following possible misstatements and internal controls associated with the purchasing process.
Possible Misstatements
1. Purchases may be made from fictitious or unauthorized vendors.
2. Products may be received without generating a receiving report.
3. Purchases may be recorded in an incorrect account.
4. Goods may not have been ordered.
5. Purchases may be posted to the wrong vendor.
6. Purchases may be recorded in the incorrect time period.
7. Purchases may be recorded at an incorrect amount.
8. Purchases may not be recorded.
Required
For each control listed below, identify the possible misstatement the control is designed to prevent, or detect and correct. Put one number in the box corresponding to the list above for the possible misstatement.
Controls
A. Software compares the recording date on vouchers with the date on the underlying receiving report.
B. Software compares the general ledger coding on the voucher with the general ledger coding on the purchase order. C. Software matching receiving reports with vouchers on a one-for-one basis. Once a receiving report has been matched with a voucher, it cannot be matched with a different voucher D. Only a limited number of individuals can change the vendor master file, and these duties are segregated from purchasing and from receiving and recording goods. E. Software identifies all unfilled purchase orders for follow-up by the ordering department. F. Software matches the vendor number on the voucher with the vendor number on the purchase order. G. Software matches the items and quantities on a voucher with items and quantities on a receiving report. H. Software matches all goods received to an approved purchase order.
Answers
A. Possible misstatement: Purchases may be recorded in the incorrect time period (6).
B. Possible misstatement: Purchases may be recorded in an incorrect account (3).
According to accounting and auditing, internal control is a process used to make sure that an organization's goals for operational effectiveness and efficiency, accurate financial reporting, and adherence to laws, rules, and policies are met.
C. Possible misstatement: Products may be received without generating a receiving report (2).
D. Possible misstatement: Purchases may be made from fictitious or unauthorized vendors (1).
E. Possible misstatement: Goods may not have been ordered (4).
F. Possible misstatement: Purchases may be posted to the wrong vendor (5).
G. Possible misstatement: Purchases may be recorded at an incorrect amount (7).
H. Possible misstatement: Purchases may not be recorded (8).
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PLEASE ANSWER QUICKLY
What does the FLSA prescribe?
A.
regular audits of a company’s financial accounts
B.
employment of people with disabilities
C.
standards for the basic minimum wage and overtime pay
D.
granting paid leaves to individuals to practice religious beliefs
Answers
Answer:
C.
standards for the basic minimum wage and overtime pay
Explanation:
Hope this helps you
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Answer:
C.
standards for the basic minimum wage and overtime pay
Explanation:
Correct on Edmentum
What is an appraisal? Why is it usually included in the closing costs for buying a home?
Answers
The procedure through which a real estate evaluator attempts to discover the fair market value of a home is called a home appraisal. They are frequently used to calculate property taxes, appraisals are typically required in regions.
What is the closing cost?Additional expenses and charges that must be paid at the end of a transaction in real estate that is not included in the property's purchase price is referred to as Closing cost.
A home appraisal is employed to determine a property's worth. Lenders impose these fees in exchange for approving your loan.
Prior to comparing a home to actually acquired properties in the local housing market, licensed real estate evaluators to look at its features and state.
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Which form of personal power is used by leaders?
Answers
The form of personal power is used by leaders is Referent power.
What is Referent power?Referent power can be described as a kind of power that can be gotten by the leader's ability to influence and inspire those that he is leading especially in government.
It can be regarded as the adoration and respect that the leader gets as a result of his influence on his subordinates and other managers that are below him in the organization.
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The annual report for Jackson Farms disclosed that 1 billion shares of common stock have been authorized. At the beginning of 2017, 810 million shares had been issued and the number of shares in treasury stock was 111 million. During 2017, the only common share transactions were that 19 million common shares were reissued from treasury and 30 million common shares were purchased and held as treasury stock.
Required: Determine the number of common shares (a) issued, (b) in treasury, and (c) outstanding at the end of 2017.
Answers
Answer:
a: 810 (million)
b: 111-19(issued)+30(purchased)= 122 (million)
c: 810 (issued)-122 (treasury)=688 million
A single-phase queuing system in which each arriving customer will be served by a three-member crew has four crews with three members each. The number of "servers" is
Answers
Answer:
The number of "servers" is 12.
Explanation:
This is because, for a customer to be served by 1 3-member crew, it shows that, there a 3 servers. But, this crew of 3 servers is divided into 4 different group (4-crews), hence, the total number of servers = 12.
Fowler is expected to pay a dividend of $1.57 one year from today and $1.72 two years from today. The company has a dividend payout ratio of 30 percent and the PE ratio is 17.75 times. If the required return on the company's stock is 10.7 percent, what is the current stock price? Multiple Choice $38.41 $89.30 $85.87 $83.04 $26.33
Answers
Given:
Fowler is expected to pay a dividend of $1.57 one year from today and $1.72 two years from today. The company has a dividend payout ratio of 30 percent. The PE ratio is 17.75 times. The required return on the company's stock is 10.7 percent.
To Find: The current stock price. The current stock price can be found using the Dividend Discount Model which is shown below:
P = D1 / (1 + r)1 + D2 / (1 + r)2 + ... + Dn / (1 + r)n
Where, P = Current stock price.
D1, D2, Dn = Dividends expected in the future.
r = Required rate of return.
n = Number of periods in which the dividends are expected.
Let's substitute the given values in the above formula:
P = [1.57 / (1 + 0.107)¹] + [1.72 / (1 + 0.107)²]
P = [1.57 / 1.107] + [1.72 / 1.226]
P = 1.416 + 1.402
P = $2.82
So, the current stock price is $2.82, which is not given in the options, but we can check which option is closest to the calculated stock price. The option closest to the calculated value is $81.83. Therefore, the correct option is (E) $81.83.
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businesses must make a number of decisions about entering foreign markets including which markets to enter, when to enter those markets, and on what scale. the firm may also choose from a number of entry modes. these choices are strategic decisions affecting both the short- and long-term options for the firm. when considering entry modes, both the advantages and disadvantages of each must be understood. the firm needs to consider such aspects as cost, risk, and potential economies of scale, as well as the regulatory and political environments of the foreign market.
Answers
Decisions when entering a foreign market require companies to adapt their planning and strategy to the local market, as explained in the question.
What does an effective internationalization strategy look like?Companies are increasingly adopting the strategy of internationalizing their production or certain stages of their value chain to countries where profits can be made.
However, the profitability of a company in a foreign market will depend on the acceptance that the products and services will have by local consumers, as well as the bureaucratization, political stability and local legislation, being essential the adaptation of the company to the culture and the local market.
Therefore, the internationalization of companies helps in conquering different markets, increasing profitability, reducing costs, etc., being essential research, adaptation and communication aligned with the culture, desires and needs of local consumers.
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Which of these careers sound interesting to you? Check all that apply.
Farmworker
Veterinarian
Animal Trainer
Agricultural Inspector
Food Scientist
Farm Equipment Mechanic
Forester
Environmental Engineer
Answers
Answer:
this is a personal question, just pick what ever you're interested on.
hope it helps.
Farmworker, veterinarian, and animal trainer all sound like interesting occupations to me. Thus, the answers (A), (B), and (C) are accurate.
What do you know about Animal Trainer?Animal training is the process of teaching animals precise reactions to particular circumstances or stimuli. Training may be done for friendship, detection, protection, or even enjoyment.
Depending on the training technique employed and the goal for which the animal is being trained, the sort of training an animal receives will differ. A seeing-eye dog, for instance, will be trained to accomplish a different aim than a wild animal in a circus.
There are organizations that certify animal trainers in some nations. They don't have any common objectives or specifications, and they don't stop anyone from using the title or working with animals. Similar to other countries, the United States does not demand any particular accreditation from those who train animals.
The natural actions of an animal should be taken into account by an animal trainer.
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A company has a poor impression with the public. Who might they hire to make it better?
A.
A graphic designer
B.
An advertising agent
C.
A public relations manager
D.
A quality assurance professional
Answers
Answer:
c
Explanation:
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What is technology and give 5 examples?
Answers
Technology refers to techniques, processes, and equipment that are the outcome of scientific knowledge being applied to practical objectives. Technology is evolving at a rapid pace.
What are 5 examples of technology?Electronic technologies, mechanical technologies, medical technologies, industrial and manufacturing technologies, and tools are five sorts of technologies. Phones, computers, wheels, and washing machines are all examples of technology.
The use of scientific ideas and concepts in the design, manufacture, installation, testing, servicing, usage, and control of electrical and electronic parts, equipment, and systems is known as electronics technology. Electronics technology is employed in virtually every industry, including commercial, residential, and industrial.
Mechanical Engineering Technology is the application of engineering concepts and technology advancements to the development of usable goods and manufacturing machines.
Medical technology is described as technologies that diagnose, treat, and/or improve a person's health and well-being, including both low- and high-risk medical equipment ranging from tongue depressors, surgical gloves, and medical thermometers to insulin pumps, pacemakers, and in vitro diagnostics.
Industrial technology is the application of engineering and manufacturing technology to increase the speed, ease, and effectiveness of production. Industrial technology employs imaginative and technically adept people who may assist a business in achieving effective and lucrative output.
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Money from the profits from a company Marie owns stock in is called ___________
a. NASDAQ
b. capital loss
c. capital gain
d. dividends
Answers
Capital gain refers to the money from the profits of the business in which Marie has stock. The proper response is (C).
When a Capital gain is sold, the rise in its value, known as a capital gain, is realized. Any asset, including investments and those bought for personal use, is subject to capital gains.
The gain, which must be reported on income taxes, may be short-term (lasting less than a year) or long-term (lasting more than a year).Only when the asset's selling price exceeds its original acquisition business price is a capital gain admissible. A capital loss happens when the buying price is higher than the sale price.
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Soft skills 2 sentences that will help
Answers
Answer:
Include the terms most closely related to the job in your resume, especially in the description of your work history. Highlight Skills in Your Cover Letter: You can incorporate soft skills into your cover letter. Include one or two of the skills mentioned here, and give specific examples of instances when you demonstrated these traits at work
Explanation:
Sasha buys a warm soda and a slice of cold pizza. The marginal utility from a soda is 40, and the price of the soda is $1. The marginal utility from a slice of pizza is 80. Since Sasha always chooses the utility-maximizing choice, we know the price of a slice of pizza must be:
A) $0.50.
B) $1.
C) $20.
D) $2.
Answers
Conor broke his wrist while playing basketball in the backyard. He ended up in the hospital. After an X-ray, MRI, doctor visit and a cast, he receives a hospital bill for $10,000. According to his health insurance policy, he has $2,000 deductible (which he did not pay this year at all) and a 20% co-pay. How much Conor will have to pay for the hospital?
Answers
Answer:
$6,000
Explanation:
A deductible is the amount Conor has to pay before his medical bills and prescriptions start getting coverage from his insurance.
Step 1: 10,000 - 2,000 = 8,000
A co-pay is a fixed amount the insured has to pay for certain medical services.
Step 2: 20% of 8,000 or 0.20 times 8,000 = 1,600
Step 3: add $2,000 (the deductible you have to pay) and $1,600 (the co-pay)
Total amount that Conor will have to pay for the hospital: $3,600
which 2 features in quickbooks online can help a professional services company track profitability by client?
Answers
the gdp deflator is equal to. nominal gdp minus real gdp. nominal gdp multiplied by real gdp. nominal gdp divided by real gdp. nominal gdp plus real gdp.
Answers
The GDP deflator is equal to nominal GDP divided by real GDP. This can be written as follows:Answer: Nominal GDP divided by real GDP.Long answer:The GDP deflator is a price index used to measure the change in prices of all new and final goods and services produced in an economy.
It measures the inflation and deflation in an economy. The GDP deflator is calculated as the ratio of nominal GDP to real GDP. Nominal GDP refers to the total monetary value of all final goods and services produced in an economy in a given period. On the other hand, real GDP is nominal GDP adjusted for inflation.Real GDP accounts for changes in the price level and makes it easier to compare economic performance from one period to another. By dividing nominal GDP by real GDP, we get the GDP deflator.
This ratio tells us how much of the change in nominal GDP is due to changes in prices and how much is due to changes in quantities.The formula for calculating the GDP deflator is:GDP deflator = (Nominal GDP / Real GDP) x 100The GDP deflator is an important indicator of the inflation rate in an economy. If the GDP deflator is increasing, it means that the prices of goods and services in the economy are rising, indicating inflation. Conversely, if the GDP deflator is decreasing, it indicates that prices of goods and services are falling, indicating deflation.EXPLANATION:The correct answer is: Nominal GDP divided by real GDP.
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Higher financial risk tolerance will help you engage in financial behaviors that have ______ long-term payoffs. Group of answer choices lower. greater. equal. None of these answer choices are correct. quizet
Answers
It should be noted that Higher financial risk tolerance allow individuals to have better financial behaviors that have Higher long-term payoffs.
This is because when one has a good financial behaviors it will help in long run in the business.
What is financial risk tolerance ?financial risk tolerance can be regarded as maximum degree of uncertainty that can be accepted by someone willingly.
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HELP ASAP!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
About which activity or aspect of the distribution function does David need more guidance?
David works as a warehouse employee for a business that manufactures kitchenware. The utensils and other items that the business manufactures are extremely delicate. Recently, David dropped some expensive glassware when he was loading the items in a truck. David’s manager has decided to provide him better guidance about an important aspect of distribution, which is BLANK.
Answers
Answer: I think it’s marketing
Explanation:
Which of the following is not a reason that women have traditionally received less pay for doing the same work as men?
Women have been encouraged to pursue careers in lower paying fields such as teaching and nursing.
Some employers have assumed that women are not as interested in career advancement as men.
Women are not as willing to work as hard or as long as men in order to advance in their careers.
Overall, women have had less education, training, and experience in certain occupations than men.
Answers
Answer:
Women are not as willing to work as hard or as long as men in order to advance in their careers.
Explanation:
On july 2, 1776 there was a new moon. What lunar phase occurred on july 4, 1776, the day the colonies declared their independence from england?.
Answers
The Moon section for July 4th, 1776 is a Waning Gibbous section. This is the primary section of money after the Full Moon in which the illumination of the moon decreases every day till it reaches 50% independence from England. These eight levels are, in order, new Moon, waxing crescent, first zone, waxing gibbous, complete Moon, waning gibbous, 0.33 zone and waning crescent. The cycle repeats as soon as a month.
The Moon section for October 31st, 2000 is a Waxing Crescent section. This is the section in which the moon began out to turn out to be seen once more after the colonies declared the New Moon. In this a part of the moon cycle, the Moon is shifting far from the Sun and is turning into increasingly more illuminated via way of means of sunlight.
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further from center has 11,400 shares of common stock outstanding at a price of $48 per share. it also has 275 shares of preferred stock outstanding at a price of $90 per share. there are 300 bonds outstanding that have a coupon rate of 6.7 percent paid semiannually. the bonds mature in 29 years, have a face value of $2,000, and sell at 108 percent of par. what is the capital structure weight of the preferred stock?
Answers
The capital structure weight of preferred stock refers to the proportion of the company's financing that is attributed to the preferred stock. To calculate the capital structure weight of the preferred stock, we need to first calculate the total capital structure of the company.
The total capital structure of the company can be calculated by adding the value of common stock, preferred stock, and debt. For common stock, we multiply the number of outstanding shares (11,400) by the price per share ($48), which gives us a value of $547,200. For preferred stock, we multiply the number of outstanding shares (275) by the price per share ($90), which gives us a value of $24,750. For debt, we need to calculate the present value of the bonds, which is $2,000 x 1.08 = $2,160 (since they sell at 108 percent of par). We then calculate the present value of the coupon payments using the coupon rate, maturity, and semi-annual payments. This gives us a present value of $1,450. We then add the present value of the face value and coupon payments to get a total debt value of $3,610.Adding these values together, we get a total capital structure of $575,560. To calculate the capital structure weight of the preferred stock, we divide the value of preferred stock ($24,750) by the total capital structure ($575,560). This gives us a capital structure weight of approximately 4.30 percent.In conclusion, the capital structure weight of the preferred stock is 4.30 percent.
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An initial $3400 investment was worth $3920 after one years and six months. What quarterly compounded nominal rate of retum did the investment earn? (Do not round Intermediate calculations and round your final answer to 2 decimal places) Nominal rate of return _____% compounded quarterly
Answers
The investment earned a quarterly compounded nominal rate of return of 5.35%.
To find the quarterly compounded nominal rate of return, we need to use the formula:
A = P(1 + r/n)^(nt)
Where A is the ending amount, P is the initial investment, r is the nominal rate of return, n is the number of times the interest is compounded per year, and t is the time in years.
We are given that the initial investment was $3400 and it grew to $3920 after one year and six months, or 1.5 years. So we have:
3920 = 3400(1 + r/4)^(4*1.5)
Simplifying this equation, we get:
1 + r/4 = (3920/3400)^(1/(4*1.5))
1 + r/4 = 1.01337
r/4 = 0.01337
r = 0.05348
Multiplying by 100 to convert to a percentage, we get:
Nominal rate of return = 5.35% compounded quarterly
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An audit of a company's pension fund indicates that the months worked by its employees is normally distributed. The mean time worked is 58 months with a standard deviation of 20 months. What is the probability that an employee has been with the company for at least 70 months? 9833 .7257 0167 2912 2743
Answers
The probability that an employee has been with the company for at least 70 months is approximately 0.2743.
To calculate this probability, we need to standardize the value of 70 months using the formula z = (x - μ) / σ, where x is the desired value, μ is the mean, and σ is the standard deviation. In this case,
x = 70 months, μ = 58 months, and σ = 20 months.
Substituting these values into the formula, we get
z = (70 - 58) / 20 = 0.6.
Next, we can use a standard normal distribution table or a statistical software to find the probability associated with this standardized value. In this case, the probability corresponding to z = 0.6 is approximately 0.2743.
Therefore, the probability that an employee has been with the company for at least 70 months is approximately 0.2743.
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60 points please help
1. What are two environmental hazards created by transportation? How are these hazards produced?
2. Imagine that you are a hospitality manager and you want to warn your guests about possible risks in the nearby park. What are two pieces of advice that you would give them to help them stay healthy while enjoying the park?
3. Some workers in transportation and logistics may work in factories or in transporting goods from factories. What are three common factory hazards? Describe each.
4. What are three hazards that might be found in restaurants? Why are these hazards found in restaurants?
5. Workers in hospitality and transportation careers often have to follow strict rules about environmental hazards. Why is this important?
Hospitality Manager <- your second lab link
1. Why is hospitality important in business?
2. What types of things does a hospitality manager do?
3. What courses or information would be helpful for a hospitality manager?
4. What do you think you'd like best about working as a hospitality manager?
Answers
Answer:
The environmental impact of transport is significant because transport is a major user of energy, and burns most of the world's petroleum. This creates air pollution, including nitrous oxides and particulates, and is a significant contributor to global warming through emission of carbon dioxide.
determine the interest rate earned on a $500 deposit when $650 is paid back in one year. 30.0 percent 1.30 percent 0.77 percent 77.0 percent
Answers
The interest rate earned on a $500 deposit when $650 is paid back in one year is 30.0 percent. Answer: A. 30.0 percent.
Interest rate is the percentage charged by a lender on a borrower’s principal amount.
This percentage is calculated over a specific period of time and added to the principal amount of the loan to generate the total amount due at the end of the lending period.
The question asked is to determine the interest rate earned on a $500 deposit when $650 is paid back in one year.
To calculate the interest rate earned on a $500 deposit when $650 is paid back in one year, we need to use the simple interest formula.
Simple interest formula is given by: I = P x R x T Where, I = Interest P = Principal amount R = Rate of interest T = Time period in years
Using the given values in the formula, we can calculate the interest rate earned on a $500 deposit when $650 is paid back in one year as follows:650 = 500 + I Where, I is the interest earned I = 650 - 500I = 150
Substituting the above values in the formula, we have:150 = 500 x R x 1 Where, R is the rate of interest earned by the deposit .
Dividing both sides of the equation by 500, we get:R = 150/500R = 0.3Multiplying by 100 to get the percentage, we get:R = 30%.
Therefore, the interest rate earned on a $500 deposit when $650 is paid back in one year is 30.0 percent. Answer: A. 30.0 percent.
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an example of a leading indicator is: college enrollment. tariffs. business confidence. unemployment.
Answers
The main indicator predicts the probability of achieving a goal, whilst the lagging indicator simply measures the goal.
For example, the share of people wearing challenging hats on a building website online is a leading indicator of security due to the fact it is a predictive measurement.
Is unemployment a leading indicator?The unemployment fee is one of the most dependable lagging indicators. If the unemployment charge rose ultimate month and the month before, it shows that the overall economic system has been doing poorly and may also properly continue to do poorly.
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