You are considering two savings options. both options offer a rate of return of 7.6 percent. the first option is to save $2,500, $2,500, and $3,000 at the end of each year for the next three years, respectively. the other option is to save one lump sum amount today. you want to have the same balance in your savings account at the end of the three years, regardless of the savings method you select. if you select the lump sum method, how much do you need to save today?
Answers: 1
Other questions on the subject: Business
Business, 22.06.2019 22:40, juicecarton
Effective capacity is the: a. capacity a firm expects to achieve given the current operating constraints. b. minimum usable capacity of a particular facility. c. sum of all the organization's inputs. d. average output that can be achieved under ideal conditions. e. maximum output of a system in a given period.
Answers: 1
Business, 23.06.2019 00:50, Turtlelover05
Exercise 12-7 shown below are comparative balance sheets for flint corporation. flint corporation comparative balance sheets december 31 assets 2017 2016 cash $ 201,348 $ 65,142 accounts receivable 260,568 225,036 inventory 494,487 559,629 land 236,880 296,100 equipment 769,860 592,200 accumulated depreciation—equipment (195,426 ) (94,752 ) total $1,767,717 $1,643,355 liabilities and stockholders’ equity accounts payable $ 115,479 $ 127,323 bonds payable 444,150 592,200 common stock ($1 par) 639,576 515,214 retained earnings 568,512 408,618 total $1,767,717 $1,643,355 additional information: 1. net income for 2017 was $275,373. 2. depreciation expense was $100,674. 3. cash dividends of $115,479 were declared and paid. 4. bonds payable amounting to $148,050 were redeemed for cash $148,050. 5. common stock was issued for $124,362 cash. 6. no equipment was sold during 2017. 7. land was sold for its book value. prepare a statement of cash flows for 2017 using the indirect method.
Answers: 1
Business, 23.06.2019 11:30, MrSnuffleBuns4277
Cesar had a part-time job last year. he worked every week for the year and made $23 an hour. he worked 28 hours each week. cesar saved what was left of his earnings after paying all of his monthly expenses. at the end of the year, he had saved $3,360. what were cesar’s average monthly expenses, rounded to the nearest dollar?
Answers: 2
Business, 23.06.2019 12:10, tae8002001
When the united states buys more products than it sells from other countries what is created?
Answers: 3
Do you know the correct answer?
You are considering two savings options. both options offer a rate of return of 7.6 percent. the fir...
Questions in other subjects:
Health, 10.05.2021 16:30
History, 10.05.2021 16:30
Mathematics, 10.05.2021 16:30
