PLEASE HELP WILL MARK BRAINLIST
How much must be invested now to receive $28,000 for 11 years if the first $28,000 is received one year from now and the rate is 8%? Round your present value factor to three decimal places and final answer to the nearest dollar.
The amount of $12,000 is required to be invested today in order to receive $28,000 after 11 years of 8 %.
What is an investment?Investment is an amount made by an entity to get benefits in upcoming years. It can be for a short time or a long time where a shorter investment is treated as a current asset and a longer investment consider a non-current asset.
Given values:
Invested amount = $28,000
Time period = 11 years
Interest rate = 8%
Computation of worth of investment today:
[tex]\rm\ Worth \rm\ of \rm\ investment\rm\ today ={\rm\ Invested \rm\ Amount}\times \frac{1}{(1+ Interest rate)} ^{\rm\ Time \rm\ period} \\\rm\ Worth \rm\ of \rm\ investment \rm\ today ={\$28,000} \times \frac{1}{(1+ 0.08)} ^{11} \\\\\rm\ Worth \rm\ of \rm\ investment \rm\ today={\$28,000} \times{0.4288} \\\\ \rm\ Worth \rm\ of \rm\ investment \rm\ today=\$12,000.864[/tex]
Therefore, the amount of $12,000 should be invested today to get $28,000 after 11 years at 8%.
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True or False: The price elasticity of demand measure is generally stated as an absolute value.
True
I hope this helps you
:)
Urgent mail
Messages may appear on the Home Screen of the lottery terminal at any time true or false
The urgent mail messages do not appear on the Home Screen of the lottery terminal at any time.
What do you mean by mail message?An email message refers to the text that may be formal or informal is received or sent over a network.
The mail messages that appear on the home screen are shown as pop-ups. Frequent pop-ups may disturb the user with frequent pop-ups. The user can read the messages by clicking on those pop-ups and also mark them as unread if he wants to check some messages later on.
Therefore, the above statement is false.
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You have been depositing money into an account yearly based on the following investment amounts, rates and times, what is the value of that investment account at the end of that period?
Answer:
Your mother gives you $100 cash for a birthday present, and says, “Spend it wisely.” You want to purchase the latest cellular telephone on the market but wonder if this is really the best use of your money. You have a choice: You can spend the money now or spend it in the future. What should you do? Is there a benefit to spending it now as opposed to saving for later use? Does time have an impact on the value of your money in the future? Businesses are confronted with these questions and more when deciding how to allocate investment money. A major factor that affects their investment decisions is the concept of the time value of money.
Explanation:
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I’m which type of economy does the government direct the production and prices of goods
Why is it important to begin saving for retirement as soon as you get your first full-time job? Why not wait until you're older?
Answer:
as you get older you will find it harder to find a job, it also helps so you aren't dying once you reach the age of retirement
Explanation:
How should you follow up an interview? What
questions should you ask? (Check all that
apply)
A)You don't need to worry about following up an
interview.
B) Find out who is involved in the hiring process.
C) Clarify the hiring timeline.
D) Ask about the hiring process.
Answer: C and D, it might also be B but that depends on how strict the company is and if they're recording your interview or not.
Explanation:
What two types of debt are most common for Millennials? How does this compare to Baby Boomers and Generation X?
The two types of debt that are common in millennials is credit card debt and loan debt.
This can be compare to baby boomers and generation x because about 60% of millennials in debt are student loans, while about 43% of debt are Gen Xers and roughly 18% of debt are baby boomers.
What is debt?Debt refer to an amount of money or things that is borrowed by someone from another person.
Debt is something a person owed.
Credit card debt refer to when a client use his card system to borrowed money or purchased something he did not pay for.
Loan debt is the amount of money owed by a student.
Therefore, The two types of debt that are common in millennials is credit card debt and loan debt.
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A good will have a more inelastic demand,
a. the greater the availability of close substitutes.
b. the broader the definition of the market.
c. the longer the period of time.
d. the more it is regarded as a luxury.
Which of these agencies would assist in addressing the issue of global
warming?
O A. Small Business Administration
O B. Environmental Protection Agency
O C. U.S. International Trade Commission
O D. Export-Import Banks
which is not a part of the communication process?
A.) Feedback
B.) Repeating
C.) Sender
D.) Receiver
Fidelity bonds insure
O A. employers
O B. marine vessels
O C. automobile drivers
O D. employees
Answer:
D
Explanation:
employees
Please answer number 3 will mark BRAINLIST
Answer:b or d probably b
Explanation:
Reasoning
Using the expenditure approach, the Real GDP of a given economy was calculated as 250 million dollars in 2019. In 2020, the economy experienced the following:
An increase of 20 million dollars in consumption.
A decrease of 5 million dollars in investment.
An increase of 10 million dollars in government spending.
The value of all exports decreased by 5 million dollars.
The value of all imports increased 15 million dollars.
What is the Real GDP of the given economy in 2020?
Options:
255 million dollars
295 million dollars
270 million dollars
235 million dollars
The Real GDP of the economy given the real GDP in 2019 and the changes in the components of GDP in 2020 is $255 million.
What is the Real GDP of the given economy in 2020?Gross domestic product is the total sum of final goods and services produced in an economy within a given period which is usually a year. Real GDP is GDP that has been adjusted for inflation.
Real GDP calculated using the expenditure approach = Consumption spending + Investment spending + Government spending + export - import
Real GDP IN 2020 = GDP in 2019 + change in GDP
= 250 million + (20 - 5 + 10 - 5 - 15)
250 million + 5 million = $255 million
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Answer: 255 million dollars
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Based on the information provided below, what is the company's creditors turnover period?
Opening inventory
Closing inventory
Cost of sales
Payables
$
11,000
9,500
38.000
6,200
Answer:
its cost 700 dollar bc it need sale and pay able
FEP® claims are submitted to local plans that serve the place where the patient was seen, also called a:
a. place of service
b. service location
c. service area
d. site of service
Answer:
service location
Explanation:
The place where the patient was seen is important and as much accurate it is that much good that is .
Service area is less accurate but derive location is most accurate among these
So option B is correct
People who don’t work at all do not affect the economy. True False?
Explanation:
People who don’t work at all do not affect the economy
B) it's False
I'll just give you the points lol
Examine three credit card applications and complete the following table comparing their features.
Answer:
i hope this is what you are looking for
Social Security number.
Income.
Date of birth.
Security questions.
Contact information.
A promise to tell the truth.
Agreement to terms and conditions.
Authorized users.
Answer:
Interest Rate 17.50% 10.99%–22.99% 11.99%–20.99%
Annual Fee $29 $0 $0
Late Fee $20 (max) $35 (max) $38 (max)
Grace Period 25 days 20 days 24 days
Special Benefits none cash back none
Explanation: Edmentum Answer
Cash Received from Customers—Direct Method
Sales reported on the income statement were $225,000. The accounts receivable balance decreased $14,300 over the year.
Determine the amount of cash received from customers.
Based on the sales figure and the change in the accounts receivable balance, the amount of cash received from customers was $14,300.
What was the amount of cash received?The accounts receivable balance refers to the amount that customers owe to the company.
This means that if the accounts receivable balance decreases by the certain amount, it would be because that amount was paid by the customers who owe the business.
The cash paid is therefore the amount of $14,300 which the balance reduced by.
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I’m going for a career in journalism what does journalism have you do
Have you ever used social media to ask questions about a product or to criticize or compliment a company? Describe what happened and how it made you feel about the company.