As a CFO of a company, you are asked by the company's board to make quarterly payments of $400 for 7 years to a computer firm for computer maintenance. How much money do you need to deposit into an interest bearing account paying 7.1% compounded quarterly so that you can make all the $400 payments over this 7 year period?

Answers

Answer 1

Answer:

the present value is $16,203.80

Step-by-step explanation:

The computation of the amount that need to deposit is given below:

Given that

PMT = $400

FV = $0

NPER = 7 × 7 = 49

RATE = 7.1% ÷ 4 = 0.7889%

The formula is shown below:

= -PV(RATE;NPER;PMT;FV;TYPE)

After applying the above formula, the amount that need to be deposit is $16,203.80

Hence, the present value is $16,203.80

As A CFO Of A Company, You Are Asked By The Company's Board To Make Quarterly Payments Of $400 For 7

Related Questions

Tiana deposited $500 into an account that earns 6% simple interest. How many years will it take for the value of the account to reach $2000

Answers

Answer:

Number of year = 50 year

Step-by-step explanation:

Given:

Amount deposit in account = $500

Rate of interest = 6 % = 0.06 (Simple interest)

Future amount = $2,000

Find:

Number of year

Computation:

A = P + I

2,000 = 500 + I

Amount of interest I = $1,500

I = PRT

1,500 = 500 x 0.06 x Number of year

1,500 = 30 x Number of year

Number of year = 1,500/30

Number of year = 50 year

Write the ratio 1.5:9 in simplest form.

Answers

Answer:

1 : 6

Step-by-step explanation:

to Find the quotient of 4÷1/5 multiply 4 by WHAT???




HURRY PLSS​

Answers

Answer:

So 4 ÷ 1/5 = 4 × 5. So your answer is 5.

Find the length, width and perimeter of 3 possible different rectangles given the area of 12 square units, Fill out the table below. PLS HELP ​

Answers

Answer:

Bussy

Step-by-step explanation:

Carlo rode his bicycle from his house to his friend Kevin's house. From there, he rode to a video game
store. Then he rode 3.2 kilometers from the video game store back to his house. The arrows in the grid
show the path Carlo traveled. How many kilometers did Carlo ride his bike? Round your answer to the
nearest tenth of a kilometer.
12.3 kilometers
10
9
8
6.5 kilometers
7
Kevin's House (25,6)
6
5
4
13.7 kilometers
3
2
Video Game Store (25,2)
15.7 kilometers
5 6 7 8 9 10
1 2 3 4
Carlo's House (0,0)​

Answers

Answer:

The answer would be approximately 13.9, so if 13.9 is not a choice just pick what closest to it.

Step-by-step explanation:

Answer:

13.7

Step-by-step explanation:

What is the measure of ABC

Answers

Answer:

63

Step-by-step explanation:

angle abc =half of arc DE + half of arc AC

I need the answer please don’t scam with a link

Answers

a.) False
b.) True
c.) True
d.) True

Question 11 of 49
If angles A and B are consecutive interior angles, what is the measure of
angle B if angle A measures 75 ?
A. 75
B. 105
C. 90°
ОО
D. 180°

Answers

Answer:

[tex]B = 105[/tex]

Step-by-step explanation:

Given

[tex]A = 75[/tex]

Required

Find B

If A and B are consecutive interior angles, then

[tex]A + B = 180[/tex]

Substutute 75 for A

[tex]75 + B = 180[/tex]

[tex]-75+75 + B = 180 - 75[/tex]

[tex]B = 105[/tex]

Create a table of values that could represent the function f(x) = 3x + 4. Justify your response.

Answers

F(x)=3/2 x2-4+C

I looked it up

pls help! one week you spent $24 on 6 metro tickets and 4 bus tickets. the next week you spent $27 on 3 metro tickets and 7 bus tickets. how much would it cost to buy 5 metro tickets and 2 bus tickets?

Answers

Answer:

I will use x for # of subway tickets, and y for # of express bus tickets.

24 = 6x + 4y

27 = 3x + 7y

x = 2

y = 3

16 = 10 + 6

Answer is 16

Write an exponential function for the graph that passes through the points (0,4) and (2, 36). Use the formula y=ab^x​

Answers

Answer:

Using the equation y = abx , substitute both of your given points into that equation.

2 = ab2 and 4 = ab3   Solve each equation for a.

2⁄b2    and 4⁄b3 = a     Therefore, 2⁄b2 = 4⁄b3

                                   

Cross multiply: 2b3 = 4b2     Divide both sides by b2

2b = 4      a = 2/4 = 1/2

b = 2

y = 1 (2)x

     2

Step-by-step explanation:

pls help willl give brainlist

Answers

Answer:

15.1666666667

Step-by-step explanation:

Select all the expressions that show a way to decompose 512. A. 3 1/2+2 1/2 B. 3/6+2/6 C. 1 1/2+2 1/2+2 1/2 D. 1 1/2+1 1/2+3 1/2 E.1 1/2+1 1/2+2 1/2+2 1/2

Answers

Answer:

C,D,E

Step-by-step explanation:

C, D, E
I believe this is the correct answer

In a lab experiment, 290 bacteria are placed in a petri dish. The conditions are such
that the number of bacteria is able to double every 26 hours. How long would it be, to
the nearest tenth of an hour, until there are 330 bacteria present?
GUYS NEED HELP I HAVE A MATH TEST

Answers

Answer:

4.8

Step-by-step explanation:

rule y = x - 3
plz help me :(​

Answers

The answer!

Lets do the Solve the equetion first!

Solution:[tex]y = x - 3 \\ = y - x = - 3 \\ = - x = - 3 - y \\ = - x = - y - 3 \\ = x = y + 3[/tex]The answer is [tex]x = y + 3[/tex]꧁✰_______❀Edilyn❀_______✰꧂

#CarryOnLearning

#NoToCopyPaste

Correct me if im wrong

Its base on my understanding

For brainly user:

Just please, idols ,if we are going to answer questions here on brainly, don't do the ones from the internet, then just copy and paste

Just please, idols ,if we are going to answer questions here on brainly, don't do the ones from the internet, then just copy and paste You can search on the internet but make your own sentence okay? Thank you

Please dont delete this:((

A bar of soap weighs 175 g. How much do 15 bars of soap weigh in ounces?

Answers

Answer:

92.59 ounces................

Answer:

92.5941501 ounces, 93 ounces if rounded to whole number, and 92.6 if rounded to the nearest tenth.

Step-by-step explanation:

Hope this helps! have a great day

A coin is flipped 50 times and lands on heads 28 times. What is the theoretical probability that the coin will land on heads on the next flip?
A) 32%
B) 50%
C) 56%
D) 64%

Answers

C, because half of 50 is 25 therefore since it has landed on the head 28 which is a little bit more means the answer is gonna be a little more than 50%

what si the answer to this??​

Answers

Answer:

One solution

Step-by-step explanation:

The slopes are different which means, the systems has one solution.

hope this helps and is right p.s. i really need brainliest :)

HELP ASAP oooooooooooooooooooooooooo

Answers

Answer:

The answer is b Maria will run 1.75 miles more than her goal.

Step-by-step explanation:

For this you take the total number of miles divided by miles per day. 17.5 divided by 2.75 is approximately six slightly over. That remaining time is less than 1 day so she can’t do 2.75 over her goal and the other options talk about going under so that leaves us with option two.

Hope this helps.

Evaluate (3.68)²26705
55​

Answers

Answer:

I am sorry I need points I am really sorry

Answer:

Step-by-step explanation:

0.0000368

(NO LINKS) A space shuttle travels at 2.6 x 10,000 feet per second. An hour is 3.6 x 1,000 seconds. This expression can be used to find the number of feet the space shuttle travels in an hour. How many feet does the shuttle travel in an hour?

Answers

Answer:

1) 7.22 ft in a hr & 2) Choice C.  y = 0.50x + 2

Step-by-step explanation:

1) Space shuttle

2.6 x 10,000 = 26,000ft

3.6 x 1,000 = 3,600 seconds = 1 hr

26,000/3,600 = 7.22 ft in a hr

2) Taxi company

y = 0.50x + 2

5. Carlotta's Beauty Supply store sells two brands of bar soap. A 6 pack of Brand A costs
$6.78 and an 8 pack of Brand B costs $8.40. What brand is the better buy?

Answers

I think it would be be because you’re actually saving a little bit more amount of money you’re paying a dollar and would say two cent for each bar

3.Construct a line perpendicular to the line given through the point P at the right​

Answers

Answer:

Step-by-step explanation:

I NEED HELP ASAP PLEASE HELP

Answers

Answer:

a) lilla has 1/5 of the book left to read

b) lilla has 15 pages left to read

Step-by-step explanation:

a) 1/5 + 3/5 = 4/5

b) 75÷ 5= 15

15× 4= 60

75-60= 15

Please help very urgent

Answers

Answer:

all sides are equal so the x is 50.1 degree and nearest 100 will be 100

please mark me as brainliest

please help! Your swag ! :)

Answers

this my answer not sure you like it or not

Answer:

8: 0,-2  9: 7,-3  10: 7,1/2

Step-by-step explanation:

Hello, for question 8 (the top equation), you trying to find y and x so lets find y first. You need y to be by itself so you divide all the numbers by -3 like this:

6x/-3-3y/-3=6/-3

The equation simplifies to -2x+y=-2. You need y to be by itself so you move it to the other side and you get -2 for y. Now you need x. Go to the second equation and take the number that is y and plug it into the equation like this:

6x+8(-2)=-16

Multiply 8 with -2 which is -16. Then, you add -16 with -16 which makes 0.

6x=0

You then divide 6 on both sides and x is 0. You basically do the same process for questions 9 and 10 which are 7,-3 and 7,1/2. And your done!

Which line has a slope of 0?

Answers

y= -10
there is no x value so there is no slope, -10 is the y-intercept

Answer:

y =-10

Step-by-step explanation:

because there is no value of x so the slope of y is-10

What’s the correct answer for this question?

Answers

Answer:

$16 is correct answer

Hope it helps you

Answer is 16
Step-by-step exploration:
One CD lets be x
Five CDs - 5x
5x=80
x=80/5=16

Tell whether the angles are complementary or supplementary. Then find the value of X​

Answers

the answer is x = 5!!!!

HELP ASAP PLEASE
What’s the answer

Answers

Answer:

Step-by-step explanation:

function 2

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