Business, 18.02.2020 05:28, gabbihardy7980

You want to buy an Audi A8 7 years from now. You have priced these cars and found that they currently sell for $83,800. You believe that the price will increase by 10% per year for the next 7 years. You can presently invest to earn 10% annual interest, compounded annually. How much will you need to invest every year (hint: PMT) to be able to afford to buy the car in 7 years?

Answers: 1

Show answers

Other questions on the subject: Business

Business, 21.06.2019 20:50, victory08

Your goal is to have $2,000,000. you have a total of $40,000 today. you invest the $40,000 and want to add to it each month. at 10% annual interest, how much do you need to invest each month in order to bring the total up to $2,000,000 30 years from now?

Answers: 2

continue

Business, 21.06.2019 21:30, legrandschool1oxa0sd

The following information relates to wagner, inc.: advertising costs $ 18 comma 600 administrative salaries 17 comma 800 delivery vehicle depreciation 1 comma 500 factory repair and maintenance 600 indirect labor 10 comma 000 indirect materials 18 comma 000 manufacturing equipment depreciation 3 comma 000 office rent 58 comma 000 president's salary 1 comma 100 sales revenue 600 comma 000 sales salary 5 comma 200 how much were wagner's period costs

Answers: 3

continue

Business, 22.06.2019 11:50, Paytonsmommy09

Which of the following does not offer an opportunity for timely content? evergreen content news alerts content that suits seasonal consumption patterns content that matches a situational trigger content that addresses urgent pain points

Answers: 2

continue

Business, 22.06.2019 13:20, sailesd57

Last year, johnson mills had annual revenue of $37,800, cost of goods sold of $23,200, and administrative expenses of $6,300. the firm paid $700 in dividends and had a tax rate of 35 percent. the firm added $2,810 to retained earnings. the firm had no long-term debt. what was the depreciation expense?

Answers: 2

continue

Do you know the correct answer?

You want to buy an Audi A8 7 years from now. You have priced these cars and found that they currentl...