How much would $1, growing at 3.5% per year, be worth after 75 years? a. $12.54b. $13.20c. $13.86d. $14.55e. $15.28

Answers

Answer 1

Answer:

Answer:

The correct answer is letter "B": $13.20.

Explanation:

The time value of money is a concept that states that a dollar today is always worth more than a dollar tomorrow based on the interest that can be accrued. In that sense, the sooner the money is received, the better since there will be more time for the interest to grow. The future value of money is calculated with the following formula:

FV=PV x [1+ i/n]^((n x t))

Where:

FV = Future value of money
PV = Present value of money
i = interest rate
n = number of compounding periods per year
t = number of years

In the example:

FV = ?

PV = $1

i = 3,5%

n = 1

t = 75

Thus,

FV= $1 x [1+ (3,5%)/1]^((1 x 75))

FV= $1 x [1+ (35/10 x 1/100)/1]^((75))

FV= $1 x [1+ (35/1000)/(1/1)]^((75))

FV= $1 x [1+ 35/1000]^((75))

FV=$13,1985 ≅$13,20

Answer 2

Answer:

Answer:

14.55

Explanation:

i think this is right and I hope that it helps:)

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Comparative advantage is based on the economic concept of:A. marginal cost.B. opportunity cost.C. nonsatietyD. rationality.
A company has the following per unit original costs and replacement costs for its inventory: Part A: 5 units with a cost of $5, and replacement cost of $4.00 Part B: 10 units with a cost of $6, and replacement cost of $7.00 Part C: 10 units with a cost of $3, and replacement cost of $2.00 Using the lower of cost or market method applied to the individual items, the total value of this company's ending inventory is: (A) $100.00 (B) $125.00 (C) $110.00. (D) $115.00.

True or false:If the owners of Six Flags over Texas want to know where the amusement park's patrons are coming from, they could send an employee out to collect the state names from the license plates of cars parked in the Six Flags' parking lot. This is an example of the observational method of gathering marketing research.

Answers

Answer: True i think

Explanation:

Mrs. Jones offers a reward for the return of her dog Fifi and puts posters advertising the reward all over her neighborhood. Mr. Brown finds and returns Fifi without seeing any of the posters. If Mr. Brown later sees one of the posters and asks Mrs. Jones for the reward money: a. Mrs. Jone will have to pay Mr. Brown the reward money because she made a public offer.
b. Mrs. Jones will have to pay Mr. Brown the reward money because she left the posters up after Fifi had already been returned.
c. Mrs. Jones will not have to pay anyting to Mr. Brown because the offer was not communicated to him before he returned Fifi.
d. Mrs. Jomes will ot need to pay Mr. Brown the reward money because it is a unilateral contract.

Answers

If Mr. Brown later sees one of the posters and asks Mrs. Jones for the reward money: Mrs. Jone will have to pay Mr. Brown the reward money because she made a public offer. Thus the correct option is A.

What is a poster?

A poster is refer to a graphical or pictorial representation of any idea to promote or support something. These posters are utilized for advertisement or to create awareness among citizens regarding any issue or challenges faced in society.

In the given case, it is explained that In her neighborhood, Mrs. Jones posts posters announcing a prize for the safe return of her dog Fifi. Fifi is located and delivered by Mr. Brown, who is unaware of the posters.

The reward is something that is presented or given in exchange for some service or achievement, or that is received in exchange for good or bad. Due to her public offer, Mrs. Jone will be obligated to pay Mr. Brown the reward amount.

Therefore, option A is appropriate.

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A :)

Im 99% sure it’s right, really hope it is!

Ford Motor Company is considering launching a new line of Plug-in Electric SUVs. The heavy advertising expenses associated with the new SUV launch would generate operating losses of $35 million next year. Without the new SUV, Ford expects to earn pre-tax income of $80 million from operations next year. Ford pays a 30% tax rate on its pre-tax income.The amount that Ford Motor Company owe in taxes next year without the launch of the new SUV is closest to:

A) $24.0 million
B) $56.0 million
C) $31.5 million
D) $13.5 million

The amount that Ford Motor Company owe in taxes next year with the launch of the new SUV is closest to:

A) $13.5 million
B) $31.5 million
C) $56.0 million
D) $24.0 million

Answers

Answer:

(a) Option (A) is correct.

(b) Option (A) is correct.

Explanation:

Given that,

With the new SUV launch,

Generate operating losses = $35 million next year

Without the new SUV,

Expects to earn pre-tax income = $80 million from operations next year

Tax rate on its pre-tax income = 30%

(a) The amount that Ford Motor Company owe in taxes next year without the launch of the new SUV is closest to:

= Expected pre-tax income × Tax rate on its pre-tax income

= $80 Million × 30%

= $24 Million

(b) The amount that Ford Motor Company owe in taxes next year with the launch of the new SUV is closest to:

= ( Expected pre-tax income - operating losses) × Tax rate on its pre-tax income

= ($80 Million - 35 Million) 30%

= $13.5 Million

Final answer:

If Ford does not launch the new Plug-in Electric SUV, it will owe $24 million in taxes. However, if the new SUV is launched, its tax obligation decreases to $13.5 million due to the operating losses reducing pre-tax income.

Explanation:

If Ford Motor Company does not launch the new SUV, its pre-tax income would be $80 million. Given that the tax rate is 30%, the taxes owed would be 30% of $80 million, which equals $24 million, so the correct answer is option A) $24.0 million.

However, if the company does decide to launch the new SUV, it would incur operating losses of $35 million. This would reduce the pre-tax income to $80 million - $35 million, which is $45 million. The taxes would then be 30% of $45 million, which equals $13.5 million, so for this scenario, the correct answer is D) $13.5 million.

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What rate of interest with continuous compounding is equivalent to 8% per annum with monthly compounding?

Answers

Answer:

8.30% is the rate of interest with continuous compounding is equivalent to 8% per annum with monthly compounding

Explanation:

Per annual rate = r = 8% = 0.08

Numer of compounding = m

Compounding Interest rate = ( ( 1 + r / m )^m ) - 1

Compounding Interest rate = ( ( 1 + 0.08 / 12 )^12 ) - 1

Compounding Interest rate = 0.0829995

Compounding Interest rate = 0.083

Compounding Interest rate = 8.30%

So, 8.30% is the rate of interest with continuous compounding is equivalent to 8% per annum with monthly compounding.

On January 8, the end of the first weekly pay period of the year, Regis Company's payroll register showed that its employees earned $21,760 of office salaries and $60,840 of sales salaries. Withholdings from the employees' salaries include FICA Social Security taxes at the rate of 6.20%, FICA Medicare taxes at the rate of 1.45%, $13,560 of federal income taxes, $1,420 of medical insurance deductions, and $940 of union dues. No employee earned more than $7,000 in this first period.Calculate below the amounts for each of these four taxes of Regis Company. Regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid each employee. The federal unemployment tax rate is 0.8%. (Round your answers to 2 decimal places.)

FICA - Social Security

FICA -Medicare

FUTA

SUTA

Prepare the journal entry to record Regis Company's January 8 (employee) payroll expenses and liabilities. (Round your answers to 2 decimal places.)

Prepare the journal entry to record Regis’s (employer) payroll taxes resulting from the January 8 payroll. Regis’s merit rating reduces its state unemployment tax rate to 3% of the first $7,000 paid each employee. The federal unemployment tax rate is 0.8%.

Answers

Answer:

Explanation:

Herewith is a document of word showing the solutions to the whole problem and the journal entry. Its so explanatory and i hope it helps you. Thank you

Assume the total cost of a college education will be $200,000 when your child enters college in 16 years. You presently have $73,000 to invest. What annual rate of interest must you earn on your investment to cover the cost of your child’s college education?