You need $76,000 in 11 years. If you can earn .43 percent per month, how much will you have to deposit today?

Answers

Answer 1

Answer:

$ 43,135.67

Explanation:

The amount required today is the present value of the future expected amount in 11 years computed using the present value formula below:

PV=FV/(1+r)^n*m

PV=the unknown present value

FV=$76,000

r=monthly interest rate=0.43%

n=number of years=11

m=number of months in 1 year=12

PV=$76,000/(1+0.43%)^(11*12)

PV=$76,000/(1+0.43%)^132

PV=$76,000/1.761883042

PV=$ 43,135.67  


Related Questions

Explain the difference between the common misconception people have about tax brackets and how they actually work

Answers

Answer:

Tax brackets misconception is that it defines how much tax will be paid by an individual but this is not true. It only determines the rate of tax which will be applied to the individual for his income.

Explanation:

The tax bracket is determined for an individual based on his salary. After the computation of taxable income tax brackets are selected and rate is applied which ever tax bracket falls correctly. The tax rate applied to the taxable incomes gives the tax amount which is to be paid by an individual.

why is the vegetables market necessary . give reason​

Answers

Answer:

Abstract: Vegetables are vital to the general good health of human beings, providing essential vitamins and minerals, dietary fiber, and phytochemicals, and reducing risk from dangerous diseases and other medical conditions. ... Most of the vegetables are marketed fresh with only a small portion processed.

Explanation:

Vegetables are vital to the general good health of human beings, providing essential vitamins and minerals, dietary fiber, and phytochemicals, and reducing risk from dangerous diseases and other medical conditions. ... Most of the vegetables are marketed fresh with only a small portion processed.

A small metal shop operates 10 hours each day, producing 100 parts/hour. If productivity were increased 20%, how many hours would the plant have to work to produce 100parts?

Answers

Answer:

The factory produces 100 parts in 50 minutes.

Explanation:

Giving the following information:

Current productibity= 100 parts/hour

Increase in productivity= 20%

This means that the factory makes 120 parts an hour or 100 parts in:

120 parts= 60 minutes

100 parts= x

x= (100*60) / 120

x= 50 minutes

The factory produces 100 parts in 50 minutes.

Our society is increasingly becoming more diverse. Discuss how this affects you as an individual, an organization, and society as a whole—the benefits and the challenges. What are your views about diversity quotas in colleges (based on gender, ethnicity, etc.)?

Answers

Answer:

i think it's good

Explanation:

diversity is a good thing unless you're racist or something

PLS HELP!!!!!! WILL GIVE BRAILIEST!! :) Thanks! :) In a biometrics research lab, Grant is listed as the laboratory director, while Tamara is listed as a laboratory technician. Both careers fall into the STEM field. Take a moment to research these two positions and explain the difference between them

Answers

Answer:

Lab technician collects the samples from patients and then processes it to get the required result.

Lab director is responsible for the administration of daily operations.

Explanation:

Stem field is Science, Technology, Engineering and Mathematics. The career choice of Tamara and Grant both fall into STEM. Grant have more responsibility than Tamara, although both are in the biometric research lab but Grant has to ensure that all the applicable laws and provisions are followed in the lab and if any deviation is found he will be held responsible for it. Whereas Tamara has responsibility for a single sample only. She is not responsible for others performance.

The expansion phase of a business cycle is a period during which:
A. the economy steadily grows.
B. the economy steadily declines.
C. the economy hits its highest point.
D. the economy hits its lowest point​

Answers

Answer:

A. the economy steadily grows.

Explanation:

A business cycle is the periodic fluctuations of economic activities in the country. Naturally, the economy will experience seasons of boom and periods of downturns.

The expansion phase is the period where a business experiences steady growth, as indicated by a rise in GDP value. The expansion comes after a recession where the economy was experiencing minimal or negative growth.  At the expansion phase, demand for goods and services is increasing, job opportunities are being created, and incomes are rising.

Answer:A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.A. the economy steadily grows.

Explanation:

To address a rise in the unemployment rate a government may:
A. Lower interest rate to allow businesses to borrow last money
B. Raise interest rates to allow businesses to borrow less money
C. Reduce the amount of money in circulation
D. Invest in programs that help people in need

Answers

Answer:

D

Explanation:

Invest in programs that will help people in need. By investing in these programs workers will need to be employed and trained to be able to help the people in need which will therefore create employment and address the rise in the unemployment rate.

The government may invest in programs that help for addressing a rise in the unemployment rate. Hence, Option D is correct.

What do you mean by unemployment rate?

The unemployment rate can be referred to as the proportion of unemployed people in an economic system amongst people presently withinside the labor force.

The unemployment price can b calculated by expressing the number of unemployed people as a percentage of the entire amount of people withinside the labor force.

Hence, The government may invest in programs that help for addressing a rise in the unemployment rate. Option D is correct.

Learn more about unemployment rate:

https://brainly.com/question/13280244

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Schumpeter (1934) made an early characterization of innovation as any of five phenomena: 1. The introduction of a new good 2. The introduction of a new method of production 3. The opening of a new market 4. Access to (‘conquest of') new sources of raw materials or components 5. The introduction of new forms of organization Do you agree with his characterization? Justify your answer.

Answers

Answer:

Yes I agree

Explanation:

I do agree with the early characterization of innovation for the following reasons. They are :

-- The meaning of innovation means that its a new idea, a new method or a new product. It deals with the newness of any thing. Now for the characterization of innovation by Schumpeter, it suggests that it deals with the newness of any item or market or any product. Some of the people may argue that a market place is  not a new concept, it existed from before and the marketers do identify the market. So it is a innovation and not a discovery.

Thus innovations is also about identification and exploring the unexplored areas.Innovation is a vast word and have a vague meaning. Schumpeter characterized suggests that innovation covers a wide area.

WILL GIVE BRAINLY!!
Question 1 (3 points) Mason works in a large high school as a guidance counselor. What task might Mason perform as part of his job? Grading math tests for fourth graders Teaching a high school health class. Helping students with college applications​

Answers

Answer:

Helping students with college applications​

Explanation:

Its apart of the job

Answer:

Mason works in a large high school as a guidance counselor. What task might Mason perform as part of his job?

helping students with college applications

Explanation:

is your answer hope this helps

WILL GIVE BRAINLY!!

Question 1 (3 points) Mason works in a large high school as a guidance counselor. What task might Mason perform as part of his job? Grading math tests for fourth graders Teaching a high school health class. Helping students with college applications​

Who won the 2020 super bowl?

Answers

Answer: tom brady

Explanation:

just watch the super bowl

the exponential form of 6×6×6×6 is 6 the base is 4 True or False?​

Answers

false because the base is 6 and the exponent is 4

Which of these lists correctly orders the binary
numbers from smallest to largest?
Choose 1 answer:
0011, 0110, 0101, 1010
1010, 0101, 0110, 0011
0011, 0101, 0110, 1010
1010, 0110, 0101,0011

Answers

Answer:

the third option

Explanation:

Your welcome :)

The smallest computing data unit is the binary digit or bit. It is represented by 0 or 1, respectively. Binary numbers consist of binary digits (bits). To calculate the smallest to largest binary digit first convert the binary to decimal.

Binary conversion

Let

[tex]\to 2^0=1[/tex]

Converting Binary to decimal:

For point a:

[tex](0011)_2 = (0 \times 2^3) + (0 \times 2^2) + (1 \times 2^1) + (1 \times 2^0)=0+0+2+1 = (3)_{10}\\\\(0110)_2 = (0 \times 2^3) + (1 \times 2^2) + (1 \times 2^1) + (0 \times 2^0)=0+4+2+0 = (6)_{10}\\\\(0101)_2 = (0 \times 2^3) + (1 \times 2^2) + (0 \times 2^1) + (1 \times 2^0)=0+4+0+1 = (5)_{10}\\\\(1010)_2 = (1 \times 2^3) + (0 \times 2^2) + (1 \times 2^1) + (0 \times 2^0)=8+0+2+0 = (10)_{10}\\\\[/tex]

For point b:

[tex](1010)_2 = (1 \times 2^3) + (0 \times 2^2) + (1 \times 2^1) + (0 \times 2^0)=8+0+2+0 = (10)_{10}\\\\(0101)_2 = (0 \times 2^3) + (1 \times 2^2) + (0 \times 2^1) + (1 \times 2^0)=0+4+0+1 = (5)_{10}\\\\(0110)_2 = (0 \times 2^3) + (1 \times 2^2) + (1 \times 2^1) + (0 \times 2^0)=0+4+2+0 = (6)_{10}\\\\(0011)_2 = (0 \times 2^3) + (0 \times 2^2) + (1 \times 2^1) + (1 \times 2^0)=0+0+2+1 = (3)_{10}\\\\[/tex]

For point c:

[tex](0011)_2 = (0 \times 2^3) + (0 \times 2^2) + (1 \times 2^1) + (1 \times 2^0)=0+0+2+1 = (3)_{10}\\\\(0101)_2 = (0 \times 2^3) + (1 \times 2^2) + (0 \times 2^1) + (1 \times 2^0)=0+4+0+1 = (5)_{10}\\\\(0110)_2 = (0 \times 2^3) + (1 \times 2^2) + (1 \times 2^1) + (0 \times 2^0)=0+4+2+0 = (6)_{10}\\\\(1010)_2 = (1 \times 2^3) + (0 \times 2^2) + (1 \times 2^1) + (0 \times 2^0)=8+0+2+0 = (10)_{10}\\\\[/tex]

For point d:

[tex](1010)_2 = (1 \times 2^3) + (0 \times 2^2) + (1 \times 2^1) + (0 \times 2^0)=8+0+2+0 = (10)_{10}\\\\(0110)_2 = (0 \times 2^3) + (1 \times 2^2) + (1 \times 2^1) + (0 \times 2^0)=0+4+2+0 = (6)_{10}\\\\(0101)_2 = (0 \times 2^3) + (1 \times 2^2) + (0 \times 2^1) + (1 \times 2^0)=0+4+0+1 = (5)_{10}\\\\(0011)_2 = (0 \times 2^3) + (0 \times 2^2) + (1 \times 2^1) + (1 \times 2^0)=0+0+2+1 = (3)_{10}\\\\[/tex]

Therefore, the final answer is "Option c"

Learn more:

brainly.com/question/1352451

What adjustments are made to net income to arrive at operating cash flows in the operating section of the statement of cash flows

Answers

Answer:

Adjustments of Non-Cash items and Changes in Working Capital items

Explanation:

Cashflow Statement shows the movement in Cash and Cash equivalent balance during the reporting period. Net Income is not a Cashflow item, however this can be reconciled to Cashflow amount by adjusting it by Non-Cash items and Changes in Working Capital items. This is done when the Cashflow statement is prepared using the Indirect Method.

When have you seen debt cause financial problems for adults you know? What can I do to avoid or stop these financial problems when I become are an adult?

Answers

Answer:

they are mean they like to boss you around I like to tell you what to do they're all so loud mouths

Paying back a loan reduces assets & liabilities. True or False?​

Answers

Answer:

True

I think

I'm not sure sorry

True jejejwnwnwnejen

is sueing someone for 50,000 dollars for no reason an example of integrity because recently a neighbor in my neighborhood was being rude and then continued to say that people who are not like him do not have integrity... (before get further in just know this guy smokes weed and get drunk like every day and also know one of my other neighbors works for selling houses in my neighborhood) he then sues one of my neighbors who sells houses for no reason and for 50,000 dollars. So...is this integrity lol also let me know if I should tell more crazy stories in my life on brainly lol.

Answers

Answer:

oh

Explanation:

.............................

Question 5 (1 point)
PLEASE HELP
Jessie teaches contractors how to sand and finish hardwood floors. The most appropriate pathway in the Education and Training career cluster for Jessie's job is the Teaching and Training pathway. True or False​

Answers

the answer is true..

Answer Its True because she is teaching

Explanation: please mark brainiest

The theory of _____ in which countries specialize in goods that have a lower opportunity cost, is citied by supporters of free trade

Answers

Answer:

comparative advantage

Top notch consultants ltd has a fixed cost is sh 15000 for it's products and a variable cost given by 140+0.04x shillings per unit, where x is the total number of units and the selling price of the product is given by 300-6x shillings per unit. Formulate the function of the total cost and total revenue.Find the break even point.

Answers

Answer:

F(x) = 15000 + (140 + 0.04x)

F(x) = 300 - 6x

15000 ÷ (300 - 6x - (140 + 0.04x))

Explanation:

Given that :

Fixed cost = 15000

Variable cost = 140+0.04x

Selling price = 300 - 6x

Number of units = x

Total cost :

Fixed cost + variable cost

15000 + (140 + 0.04x)

Total revenue :

300 - 6x

F(x) = 300 - 6x

Break even point :

Total cost = total revenue

Break even point (units) :

Fixed cost ÷ (selling price per unit - variable cost per unit)

15000 ÷ (300 - 6x - (140 + 0.04x))

Selling or mortgaging an asset, such as a house or land, is one way an
entrepreneur might try to gain funding for a new business. This action would
fall under the ___ part of a business.
A. finance
B. production
C. customer service
O D. marketing

Answers

Answer:

A. finance

Explanation:

Finance is the section of business that deals with money. Raising capital through various methods would fall under the finance part of the business.

Finance is among the functional areas of a business. It involves sourcing and allocating money to other areas of the business. Finance is closely associated with accounting. Other functional areas of a business include marketing, human resources, administration, and production.

Answer:

A. finance

Explanation:

Bourne Incorporated reports a cash balance at the end of the month of $2,445. A comparison of the company's cash records with the monthly bank statement reveals several additional cash transactions: bank service fees ($78), an NSF check from a customer ($280), a customer’s note receivable collected by the bank ($1,100), and interest earned ($28).


Required:

Record the necessary entries to adjust the balance of cash.

Answers

Answer and Explanation:

The journal entries required to adjust the balance of cash as follows:

1. Cash Dr $1,128

       To Notes receivable  $1,100

       To Interest revenue $28

(Being the cash is recorded)

Here cash is debited as it increased the assets and credited the notes receivable and interest revenue as it decreased the assets and revenue

2. Service expense Dr $78

Account receivable Dr $280

      To cash $358

(being the cash paid is recorded)

here service expense and account receivable is debited as it increased the expenses and assets and credited the cash as it decreased the assets

High school is referred to as _____ education.


fundamental

secondary

vocational

primary

Answers

Answer:

secondary

Explanation:

as 10 class is rrferred to as secondary education

plz folliw me

Answer: High school is referred to as secondary education. :)

Based on the goal expressed by Steve Yancovich,which stage of the consumer decision-making processis eBay trying to influence? How are they doing so?

Answers

Answer: Need recognition stage

Explanation:

Based on the goal expressed by Steve Yancovich, eBay is trying to influence the need recognition stage of the buyers decision making progress.

They are doing this by employing processes that makes buying look attractive to the buyer and in relation with their needs. Some of the features they introduced for these process are their eBay fashion app, and the "try on" feature which allows buyers to have an idea of what they are buying.

How much can the Ball family expect to pay, per year, to raise the child from birth to 18 years of age?

Answers

Answer:

14,344 is the correct ammont that they earn.

_____ career skills involve tool selection and use.


Critical thinking

Basic

Technical

Computer

Answers

The answer to your question is technical

Answer:

The correct answer would be c) Technical

HELLLPPPP


The Kids have been asked to decide whether India has more wealth than Peru. Mary says they should use the GDP while jann says they should use the GDPP. Who is right?

1. Mary
2. Jann
Neither, they should use the exports and imports

Answers

Answer: Mary

Explanation:

GDP simply means the gross domestic product and it is the value in terms of money based on the goods and services that a country produces.

With regards to the question, Mary is right as the GDP can be used to denote economic growth and also know how a particular economy is doing. Wealthy nations usually have a huge GDP.

Many times a business sends out a multitude of materials to people across the country. If for every document they want to showcase particular information such as the company name or contact information, why is creating and saving a template through Quick Style templates worth the time?

Answers

Explanation:

In the Precipitation Map of Washington, the dark orange section indicates low rainfall in the region. Using the Shaded Relief Map of Washington, you can tell that this area is flat, possibly a plain. These areas normally don't get a lot of moisture. The Washington Precipitation Map has regions that are dark purple and dark orange. This means that they both get a lot of rain every year. If you look at these areas on the Washington Shaded Relief Map, you can see that these areas with a lot of rainfall are mountainous.

On the Washington Precipitation Diagram, purple/blue means more rain, and orange/red means less rain. Washington's Shaded Relief Map shows the mountains (br)

HELP ASAP !!!Professional certification is always optional.
False
True

Answers

star1 me give wrong If

False

A business has a fixed costs of US$100 000 and variable costs of US$5 per unit.
Units of output are sold for US$25.
What is total variable cost if 50 000 units are produced?

Answers

Answer:

$250,000

Explanation:

50,000 units × $5 per unit = $250,000

Answer:
$250,000 is the variable cost .
Explanation:
50,000 units x $5 per unit = $250,000 variable cost

In Mark's absence, what source of power does Sherry have in enforcing Ollie's holiday scheduling policy?

Answers

Answer: Legitimate power

Explanation:

The source of power that Sherry has in enforcing Ollie's holiday scheduling policy is refered to as the legitimate power.

Legitimate power simply means the power that one has based on the formal position that is being held by the person in an organization. This usually applies to person who are in position of authority in the organization.

Therefore, the correct answer is legitimate power.

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