1) Sally and James' daughter just turned 5 and they have some money that they could set aside for
their daughter. They want to make sure she will have $12,500 for her 17th birthday so she could use
that
money
to
go on an overseas trip. If they found an account that would pay 3.9% annual interest,
How much do they have to put into the account now? *

Answers

Answer 1

Answer:

$7,898

Explanation:

The $12,500 is equivalent to the future value of the invested amount.

using the formula

where A is future amount,

Pi= principal or invested amount,  

t = time 12 years ( the difference between 17 and 5 years)

r= is interest rate of 3.9% or 0.039 %

A = P(1 +rt)^n

$12,500= P(1 +0.039)^12

$12,500 = P(1.5827)

P=$12,500/1.5827

P= $7,897. 89

P=$7,898


Related Questions

On the one hand, a gerund is a verb that acts as a noun, know for the -ing form. On the other hand, an infinitive is the basic form of a verb, that usually follows "to" or another verb form. The revised sentence, including both of these, is: "To give is one of the best things people can do. Volunteering their time shows what caring people they are."

Answers

Answer:

To give is one of the best thing which people do. Volunteering the time show that they are caring people.

Explanation:

The ing form is considered as forth form of verb which acts as noun. The first form of verb is used for present tense normally with to. The first form of verb is basic form of verb used for describing an action. It is infinitive form of verb used before the word to.

A currency fixture is

Answers

Answer:

The currency fixture is referring to the foreign exchange rates, that are set in London every day at 4 PM.

Explanation:

These are known as benchmark rates and are determined related to the real transactions, that traders were conducting on the market in 60 seconds.

The rates for 21 currencies are determined on the medium level of all the trades that go through in this one minute.

2. The presence of competition in free markets:
a. Is undesirable because it results in unnecessary duplication of efforts
b. Usually results in better quality and lower prices
c. is rare, since most markets eventually evolve into monopolies
d. is undesirable, because one big firm can usually produce goods more efficiently
than a large number of small firms

Answers

Answer:

b. Usually results in better quality and lower prices

Explanation:

Competition in the markets refers to the rivalry among businesses selling similar products to the same customers. Each business tries to find the best tactics to win more customers, make more revenues, or acquire a larger market share.

In a free-market economy, there are no restrictions on the number of businesses in an industry. The market will usually have many buyers and sellers. The sellers have to be creative and innovative to win more customers in a competitive environment. They develop and improve their products to gain a competitive advantage. In the end, consumers benefit due to the availability of a variety of quality goods at reasonable prices.

Third-grade teacher Ms. Lena has implemented a system of offering Reading Rug time to students who line up at the door properly and promptly when asked. To her dismay, she notes that those students who have in the past always lined up without incident now dawdle and chat until plied with Reading Rug points. Ms. Lena is witnessing: Self-efficacy Growth needs Overjustification effect Maslow's Hierarchy

Answers

Answer:

Overjustification effect

Explanation:

The overjustification effect happens when an external motivator, e.g. reading rug time, decreases someone's personal motivation to do something. I.e.  Students that used to line up properly will only do it if they are rewarded with reading rug time, even if they did it before just because they felt it was correct. The external motivator actually diminished some students' motivation to act correctly.

The focus on traditional financial statements is -Select- data rather than cash flow. However, cash flow is important to investors, managers, and stock analysts. Therefore, corporate decision makers and security analysts need to modify accounting data provided to them. An important modification is the concept of free cash flow (FCF). Many analysts regard FCF as being the single and most important number that can be developed from the accounting statements, even more important than net income. The equation for free cash flow is:

Answers

Answer:

The focus on traditional financial statements is ACCOUNTING data rather than cash flow.

Free cash flows = (EBIT x (1 - tax rate)] + non-cash expenses (depreciation and amortization) - capital expenditures - increases in net working capital

Explanation:

Cash is KING. A company might b extremely profitable from an accounting point of view, but if it doesn't have enough cash to keep running, it will go bankrupt. E.g. many companies increase their sales revenue by handing out long credit terms to most or all of its customers including some that may not be able to pay them back. That increases accounts receivables and net income, but until the cash is collected, this is useless. The other option that a company has is to factor their accounts receivables but factoring companies are not dumb and they will pay a very low amount for them.

Companies and stocks are always valued based on cash flows, never on accounting records. Accounting records might be deceiving, but cash never lies. Either the company has or doesn't have cash. A company's cash flow tells investors how well managed a company is.

E.g. Remember that during the Great Recession both GM and Chrysler went bankrupt and the government had to bail them out. If you looked at their accounting records of the previous year, they were both profitable, so why did they burst in just a few months? They didn't have cash. Cars and SUVs are useless unless you sell them and collect the cash. Ford didn't go bankrupt because it had billions of dollars in cash, not because they were doing great. Ford was actually the company that performed worst form an accounting point of view. But out of the 3 car companies, it was the only one properly managed. Accounting records are great for the IRS but are meaningless to an investor.

The measurement of how far the particles are pushed from their _______________is called amplification.
Question 2 options:

1.compression

2.limit

3.starting point

4.wavelength

Answers

Answer:

3. starting point

Explanation:

i'm doing a quiz and had this question, this is the answer

A Trustworthy Source is credible, reliable & relevant.

True
False

Answers

Answer: True

Explanation:

DEFINE BUSINESS COLLABORATION?​

Answers

Collaboration in the context of business which allows people to work together is Khown as business collaboration

Un trabajador que gana $ 265 diarios, trabaja el domingo que no es su día de descanso, $ 21 de despensa, trasporte $ 25 pagado en efectivo, fondo de ahorro el 12 %, se le cobran $ 26 por dos alimento, tiene 3 años de servicio.

Answers

Responder:

Explicación:

Esta pregunta no solicitó qué responder, sin embargo, podemos conformarnos con la información que se nos proporcionó.

paso uno:

datos dados

Ganancias por día = $ 265

nos dicen que también trabaja los domingos

esto significa que trabaja los 7 días de la semana y los 365 días del año.

El 12% de las ganancias es para ahorros = 12/100 * 265

0,12 * 265 = $ 31,8

también se nos dice que lleva 3 años en servicio

por lo tanto, el número total de días es = 365 * 3 = 1095 días

La ganancia total por día durante tres años = 265 * 1095 = $ 290,175

Segundo paso:

Costo total de comestibles durante 3 años = 21 * 1095 = $ 22,995

Costo total de transporte durante 3 años = 25 * 1095 = $ 27,375

Ahorro total durante 3 años = 31,8 * 1095 = $ 34,821

Costo total de dos comidas durante 3 años = 26 * 1095 = $ 28,470

Paso tres:

Por lo tanto, la deducción total de sus ganancias durante 3 años es

= 22,995 + 27,375 + 34,821 + 28,470 = $ 113661

Y el saldo disponible será 290,175-113661 = $ 176514

A wedding party hired a sole proprietorship to cater their wedding. In this situation the sole proprietorship is a partnership, and the employee who handled the job is a partner. The entire wedding party gets food poisoning. If the partner who mishandled the food knew the bride and was jealous of her marriage so he used roach killer instead of lemon juice in the frosting, the other partner would still be liable.

True
False

Answers

Answer:

False

Explanation:

A sole proprietorship is owned and managed by a single person. The owner is responsible for all the decisions and actions of his or her business. The owner may hire workers to assist in running the business. The workers remain workers and not partners in the business.

The law does not distinguish between the business and the owner. Any liabilities arising from the business are considered to be the owner's liability. In this wedding situation, the sole proprietor is solely responsible for the mistakes of his assistant.

In theory, what conditions must exist to have pure competition among businesses in the same
industry? Select ALL that apply.
A. Businesses have the freedom to enter or leave the industry.
B. Businesses make and sell identical products that require no advertising.
C. Government intervention ensures that businesses in the industry stay competitive.
D. Large numbers of buyers and sellers ensure that no single group can affect product price.

Answers

Answer:

A. B. D.

Explanation:

the answer is the three letters above

Jdjdjdjdjdjfidnznsskdjfndnjzjdjdjdnsjdbe Jansen

when is subsidy necessary in comodity supply​

Answers

Answer:

A subsidy is a benefit given to an individual, business, or institution, usually by the government. It is usually in the form of a cash payment or a tax reduction. The subsidy is typically given to remove some type of burden, and it is often considered to be in the overall interest of the public, given to promote a social good or an economic policy.

Explanation:

Both mortgages and auto loans

A> are riskier for lenders.
B> are riskier for borrowers.
C>require a down payment in general.
D>require minimum payments.

Answers

Answer:

require a down payment in general.

Explanation:

A mortgage is mainly used to finance the purchase of homes and other high-value properties. Auto loans, as the name suggests, are for the purchase of motor vehicles. Both are credit facilities used in buying fixed assets.

In general, most asset financing options will require the borrower to put in a deposit. This is because the assets require a large amount of money, and lenders prefer to share that risk with the borrower. The deposit also indicates the borrower's commitment to the loan transactions.

Answer:

C

Explanation:

Marit Brunsell deposited $50,000 at Bank of America at 8% interest compound quarterly. What is the effective rate (APY) to the nearest hundredth percent?

Answers

Answer:

EAR = 8.24%

Explanation:

EAR = (1+APR/n)^n-1

Where  n is number of compounding per year = 4

EAR = (1+8%/4)^4 - 1

EAR = (1 + 0.02)^4

EAR = (1.02)^4

EAR = 1.08243216 - 1

EAR = 0.08243216

EAR = 8.24%

For each of the following transactions, state the name of the account to be debited. a. Bought Equipment and paid by cheque b. Bought goods on credit from Rambo c. Paid salaries of employees in cash d. Returned goods to Rambo​

Answers

B. Bought goods on credit from Rambo

Note that common skills are listed toward the top, and less common skills are listed toward the bottom. According to O*NET, what are common skills needed by Librarians? Check all that apply.

speaking
equipment selection
reading comprehension
operation and control
active listening
writing

Answers

Answer:

1,3,5,6

Explanation:

Answer:

(1) A. speaking

(3) C. reading comprehension

(5) E. active listening

(6) F. writing

Explanation: I'm looking at my answers right now and it shows check marks so I'm 100% correct.

need asap plz!!! Questlon 5 of 10 Which statement best describes the idea of the law of supply? A . The supply of a product decreases as its price increases B. The demand for a product decreases as its supply decreases. C. The demand for a product increases as its price increases. D. The supply of a product increases as its price increases SUBMIT​

Answers

Answer:

D. The supply of a product increases as its price increases

Explanation:

Supply is the volume of a product or a service that sellers are willing to sell in the market at a stated price.  The law of supply explains the relationship between price and the quantity suppliers are willing to sell.

The law asserts that as the price increases, suppliers will supply more quantities of a product. A price decrease will cause suppliers to supply a lower quantity.  Suppliers are profits motivated. A price increase results in higher profits hence more supply.

im starting my own business so I need things that would look cool in tie-dye

Answers

phone cases or shirts

which of these is an example of separation of powers?

the president enforces a law passed by congress.
representatives hold hearings to hear public opinion.
representatives rewrite a bill in committee meetings.
the president fires a cabinet member who is performing poorly.

Answers

I would say The president  enforcing a law passed by Congress is an example of separation of powers.

Martine developed a filing system to keep track of potential and current customers. Which qualification has she demonstrated?

critical thinking
problem solving
organization
computer skills

Answers

Organization

Explanation: she developed the filing system which is a way of organizing the costumers that come in.

I hope this helped! ^^

Answer:

C. Organization

Explanation:

:)

1. Define Trade, Import and Export

2. List items the U.S. imports and exports.

Answers

Answer:

food and clothing

Explanation:

import is to bring things from a different country for sale. export is to give things to a different country or place for sale. trade is to transfer or exchange something from a different country.

WePayU is led by CEO, Homiah Losyl. He believes that everyone from his senior leadership team down to the most entry-level employee is responsible for helping customers. He expects everyone to step in and help if it impacts WePayU customers. This best demonstrates the marketing concept of

Answers

Answer:

Customer satisfaction

Explanation:

Remember, we are told the CEO, Homiah Losyl wants "everyone...to step in and help" their customers. In other words, he puts his customer's satisfaction first above the roles of employees.

Hence, this type of marketing concept is channeled towards meeting the customer's expectations and feelings, by asking: what I can do to better satisfy my customers?

1
12. The social audit is:
a. A company report that always include a net social contribution
b. A government mandated report required of all firms who have a business license
c. A company report that measures the firm's social contributions inside and outside
the firm
d. A recent development that creates a ratio to compare a firm's corporate
philanthropy to its profits

Answers

Answer: C. A company report that measures the firm's social contributions inside and outside the firm

Explanation:

Answer:

c.

Explanation:

Definition. Social auditing is a process for evaluating, reporting on, and improving an organization's performance and behavior, and for measuring its effects on society. ... The social audit may be performed routinely by internal or external consulting groups, as part of regular internal audits.

write me a 8 sentence pitch or more for a donut shop

Answers

Answer:

come down to our donut shop. please come down and get some donuts. we sell the best donuts here. thank you for your consideration.

we hope you enjoy our donuts.

Explanation:

haha

Tiffany's Dilemma ​ Tiffany graduated from college and needed to decide where she wanted to work. She had several options. Her aunt Martha owned and operated a small business that she started about twenty years ago. Martha, an individual owner of her business, informed Tiffany that she could work for her. On one hand, Tiffany thought it would be a great opportunity to be able to work for her aunt, learn the business, and then run the business when her aunt retires. On the other hand, she also felt that she wanted something a little more challenging; a job where she could really use her education. Her other option would be to work for a company that a friend and her husband had started and jointly owned. It was a rapidly growing company with plenty of opportunity for advancement. However, Tiffany had some reservations about this choice because she was not sure she wanted to work for friends. Her last option was to work for a large retail company, headquartered in Maryland, which had s

Answers

Answer: that's a hard one lol let me try

Explanation:

one sec

Describe how a high level of flexibility would affect your performance in softball. Consider the benefits in many aspects of softball.

Answers

Answer:

you would be able to jump higher

you would be able to run quicker

you would be able to catch the ball better

Hope this helps!

Answer:

With a high level of flexibility for a volleyball player physical performance and muscle coordination would improve, it can even enhance the enjoyment of playing. One would be able to jump higher, move quicker and maybe even hit the ball further and all of this put together hopefully win too.

Explanation:

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

Do you believe the statements of politicians are more likely to be true than those of business entrepreneurs? Why or why not?

Answers

Answer:yes

Explanation: they have more explanation and experience

!!!!MAJOR GRADE PLEASE HELP DUE TODAY!!!!!
Which of the following is a line of credit issued to customers to cover checks or debits exceeding the amount in their account?
Debt restructuring
O Cash flow budgeting
Automated teller machine
O Overdraft protection

Answers

i’m pretty sure it’s debt restructuring

Two unrelated American quarter horses are bred together. What is this an example of?

Answers

It’s an example of cross breed

Answer: Straightbreeding

Explanation: 100% on test

Other Questions
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