andrwisawesome0
21.06.2019 •
Business
Partnerships are the most common type of business firms in the world. t/f
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Ответ:
The amount that will you have saved when you start your business seven years from now is $175,805
Explanation:
In order to calculate the amount that will you have saved when you start your business seven years from now we would have to calculate the Future Value from the deposit since the year 0 to year 7 as follows:
Future value of year 0 with deposit of $40,000 and rate 8%=PV(1+r)∧t
Future value of year 0 with deposit of $40,000 and rate 8%=$68,552.97
Future value of year 1 with deposit of $10,000 and rate 8%=$15,868.74
Future value of year 2 with deposit of $10,000 and rate 8%=$14,693.28
Future value of year 3 with deposit of $10,000 and rate 8%=$13,604.89
Future value of year 4 with deposit of $14,000 and rate 8%=$17,635.97
Future value of year 5 with deposit of $14,000 and rate 8%=$16,329.60
Future value of year 6 with deposit of $14,000 and rate 8%=$15,120.00
Future value of year 7 with deposit of $14,000 and rate 8%=$14,000.00
Therefore, amount that will you have saved=$68,552.97 + $15,868.74 + $14,693.28+$13,604.89+$17,635.97+$16,329.60+$15,120.00+$14,000.00
amount that will you have saved=$175,805
The amount that will you have saved when you start your business seven years from now is $175,805