![chaseking120418](/avatars/34565.jpg)
chaseking120418
10.03.2020 •
Business
You need to have $30,000 for a down payment on a house 8 in years. If you can earn an annual interest rate of 4.4 percent, how much will you have to deposit today?
Solved
Show answers
More tips
- O Other What is a Disk Emulsifier and How Does it Work?...
- H Health and Medicine How to Calm Your Nerves? Expert Tips That Actually Work...
- A Animals and plants 5 Tips for Taking Care of Yews to Keep Them Green and Beautiful...
- S Sport How to wrap boxing hand wraps? Everything you need to know!...
- F Food and Cooking 10 Reasons Why You Should Avoid Giving Re-Gifts: An Informative Guide...
- F Family and Home Tender Care for Your Parquet: Is it Possible to Clean Parquet?...
- S Style and Beauty How Are Eyelash Extensions Applied? All Your Questions Answered...
- F Food and Cooking 10 Tips for Proper Sushi Consumption...
- S Style and Beauty Learn how to tie a keffiyeh on your head like a pro...
- S Style and Beauty How to Braid Hair with a Plaiting Machine: Tips and Recommendations...
Answers on questions: Business
- B Business Your Objective line should be the same for every application O True False...
- B Business What level of thinking and knowing can seek and discover many truths...
- B Business Driving does not require a high degree of awareness in the driving environment. a) true b) false...
- B Business The Planes that hit the twin towers Captain: OKAY. HERES THE PLAN, WE CRASH INTO THAT BULIDING OKAY? Pilot: Uh well. i- i dont rlly wanna die sir Captain: SHUT UP AND CRASH INTO THAT...
- B Business Deskilling of jobs gives workers more pay and more control over tasks that have been deskilled. a. true b. false...
- B Business Stone co. began operations in year 1 and reported $225,000 in income before income taxes for the year. stone s year 1 tax depreciation exceeded its book depreciation by $25,000. stone...
- B Business The term product/market fit conveys the degree to which a product satisfies market demand. successful efforts should be desired by customers, and scale into large, profitable businesses....
- B Business If somecondition is true then do oneprocess do theotherprocess...
- B Business During the maturity phase, cash from operations and net income are approximately the same. a. true b. false...
- B Business Which of the following is not a factor affecting population. a. fertility c. population pyramid b. life expectancy d. net immigration...
Ответ:
You will have to deposit today $21,277.
Explanation:
The excerpt is asking for the present value that you need to deposit today to have 30,000 in 8 years. The formula to calculate the present value is:
P= F/(1+i)^n
P= present value
F= future value= $30,000
n=number of years= 8
i= interest rate= 4.4%
P= $30,000/(1+0.044)^8
P= $30,000/(1.044)^8
P= $30,000/1.41
P= $21,277
Ответ:
I will be your friend
(❁´◡`❁)