Assume Marigold Corp. deposits $90000 with First National Bank in an account earning interest at 4% per annum, compounded semi-annually. How much will Marigold have in the account after three years if interest is reinvested?
a) $101354
b) $100800.
c) $90000.
d) $101238

Answers

Answer 1

Answer:

a) $101354

Explanation:

To calculate the future balance of the interest-earning account use following formula

FV =  PV x ( 1 + r )^n

Where

FV = Future value = Balance of Interest-earning account after 3 years = ?

PV = present value = Amounr deposited in the account = $90,000

r = Periodic interest rate = 4% x 6/12 = 2%

n = Numbers of periods = Numbers of years x Compounding periods per year = 3 years  x 2 periods per year = 6 periods

Placing values in the formula

FV =  $90,000 x ( 1 + 2% )^6

FV = $101,354


Related Questions

Use Scenario: A Small-Town Monopolist. If this monopolist must choose between selling 100 or 175 subscriptions, it will choose to sell _____ units at a price of _____ and earn economic profits equal to _____.
a. 175; $10; $500.
b. 100; $10; $750.
c. 175; $15; $1,000.
d. 100; $15; $1,000.

Answers

Answer:

The correct option is d. 100; $15; $1,000.

Explanation:

Note: This question is not complete. The complete question is therefore provided before answering the question as follows:

Scenario: A Small-Town Monopolist A monopolist sells cable subscriptions in a small town and finds that it can sell 100 subscriptions when the price is $15 a week and 175 subscriptions when the price is $10 a week. The MC for the provision of the cable is $5 a week. There are no fixed costs.

Use Scenario: A Small-Town Monopolist. If this monopolist must choose between selling 100 or 175 subscriptions, it will choose to sell _____ units at a price of _____ and earn economic profits equal to _____.

Explanation of the answer is now given as follows:

Step 1: Calculation of profit when 100 subscriptions is sold

Total revenue = Number of subscriptions sold * Price a week = 100 * $15 = $1,500

Total cost = Number of subscriptions sold * MC a week = 100 * 5 = $500

Economic profit = Total revenue - Total cost = $1,500 - $500 = $1,000

Step 2: Calculation of profit when 175 subscriptions is sold

Total revenue = Number of subscriptions sold * Price a week = 175 * 10 = $1,750

Total cost = Number of subscriptions sold * MC a week = 175 * 5 = $875

Economic profit = Total revenue - Total cost = $1,750 - $875 = $875

Conclusion

Since the economic profit of $1,000 made when 100 subscriptions is sold is higher than the economic profit of $875 made when 175 subscriptions is sold, thee monopolist will choose to sell 100 units at a price of $15 and earn economic profits equal to $1,000.

Therefore, the correct option is d. 100; $15; $1,000.

The document shows a 1040 form.

A 1040 tax form.

The 1040 form is used to collect

Answers

Answer:

The 1040 form is used to collect the federal tax.

Answer:

federal taxes

Explanation:

Company Earnings per Share Market Value per Share
Hilton $ 12.00 $ 176.40
SPG 10.00 96.00
Hyatt 7.50 93.75
Accor 50.00 250.00
Compute the price-earnings ratio for each of these four separate companies.
Price-Earnings Ratio
Company Choose Numerator: Divided by Choose Denominator: Price-Earnings Ratio Price-earnings ratio
Hilton
SPG
Hyatt
Accor

Answers

Answer:

Price-Earnings Ratio = Market Value Per Share / EPS

Hilton  Price-Earnings Ratio = 176.40 / 12

Hilton  Price-Earnings Ratio = $14.7

SPG  Price-Earnings Ratio = 96.00 / 10.00

SPG  Price-Earnings Ratio =  $9.6

Hyatt  Price-Earnings Ratio = 83.75 / 7.50

Hyatt  Price-Earnings Ratio = $12.5

Accor Price-Earnings Ratio = 250.00 / 50.00

Accor Price-Earnings Ratio = $5.0

Basse Corporation has 7,000 shares of common stock outstanding. It declares a $1 per share cash dividend on November 1 to stockholders of record on December 1. The dividend is paid on December 31.
Prepare the entries on the appropriate dates to record the declaration and payment of the cash dividend. (Credit account titles are automatically indented when amount is entered. Do not indent manually. Record journal entries in the order presented in the problem. If no entry is required, select "No Entry" for the account titles and enter O for the amounts.)

Answers

Answer and Explanation:

The journal entries are as follows:

1. cash dividend Dr (7,000 shares × $1) $7,000

            To Dividend payable $7,000

(Being the declaration of the dividend is recorded)

Here the cash dividend is debited as it increased the balance of the dividend and dividend payable is credited as it increased the liabilities

2. Dividend payable Dr $7,000

        To Cash $7,000

(being the payment is recorded)

Here the  dividend payable is debited as it decreased the liabilities and cash is credited as it also decreased the assets

Given the following data:
Net sales $430,000
Cost of goods sold $80,000
Gross profit $350,000
Operating expenses $50,000
Net income $300,000
In vertical analysis, net income would be expressed as: (Round your final answer to the nearest whole percent)
A. 12%.
B. 81%.
C. 70%.
D. 19%

Answers

Answer:

C. 70%.

Explanation:

Calculation for the net income

Using this formula

Net income=Net income/Net Sales

Let plug in the formula

Net income= $300,000/ $430,000

Net income=70%

Therefore the net income would be expressed as 70%

What is equilibrium in econ

Answers

Answer:

when supply meets demand

Explanation:

Answer:

Equilibrium in Economics means the supply of a good is equal to the demand of a good.

Explanation:

A reduction in the tax rate on pass-through business income to a maximum of 25 percent would ________ the return to entrepreneurship, and this would ________ aggregate supply.

Answers

Answer:

A reduction in the tax rate on pass-through business income to a maximum of 25 percent would ___increase_____ the return to entrepreneurship, and this would __increase______ aggregate supply.

Explanation:

This is the expected outcome that should naturally follow a tax rate reduction.  The returns available to the entrepreneurs would increase, thus, increasing the aggregate supply, since production (GDP) would increase from the increased productivity of the entrepreneur.  Then the entrepreneurs would be able to plough back some of their returns into the business.  As a result,  the overall market productivity will be increased and the goods available to the market would also increase proportionately.

. Define corporate-level strategy. What are the different levels of diversification firms
can pursue by using different corporate-level strategies?

Answers

Answer:

Tipos de diversificación empresarial

Explanation:

°Inversión propia. Constituye la fórmula de diversificación más seguida, puesto que supone echar mano de los recursos propios a la hora de intentar conquistar nuevos espacios productivos y clientes.

°Adquisición total o parcial de una empresa.

°Diversificación relacionada.

°Diversificación no relacionada.

MCDONALDS GIVE DIRECTIONS

Answers

Answer:

TAKE A LEFT

Explanation:

ON 123 SESAME STREET

yessssssssssssssssssssssss

Derik was fired from his job at the grocery store. The grocery store told him that the reason he was fired was because of his multiple nose and facial piercings. Derik had the piercings done to show his support for an outspoken political activist who is fighting for social justice.

Answers

Incomplete question. The full question read;

Is this prohibited discrimination under the Alberta Human Rights Act?

1) Yes: the prohibited ground would be race, and the prohibited area would be employment.

2) Yes: the prohibited area would be expression, and the prohibited ground would be employment.

3) No: the prohibited area is employment, but there is no prohibited ground.

4) Yes: Derik's freedom of expression is directly involved.

Answer:

1) Yes: the prohibited ground would be race, and the prohibited area would be employment.

Explanation:

The Alberta Human Rights Act prohibits discrimination in a company's employment practices. In other words, the Alberta Act covers discrimination in the area of employment.

Also, the prohibited ground would be race, since the very practice of having multiple nose and facial piercings is usually done among a particular race.

2. A series of five constant dollar (or real-dollar) payments, beginning with $6,000 at the end of the first year, are increasing at the rate of 5% per year. Assume that the average general inflation rate is 4%, and the market interest rate is 11% during this inflationary period. What is the equivalent present worth of the series

Answers

Answer:

The equivalent present worth of the series is $27,211.16.

Explanation:

The first thing to do is to calculate the real interest using the following formula:

1 + i = (1 + r)(1 + inf) ..................... (1)

Where;

i = market interest rate = 11%, or 0.11

r = real interest rate = ?

inf = average general inflation rate = 4%, or 0.04

Substituting the values into equation (1) and solve for r, we have:

1 + 0.11 = (1 + r)(1 + 0.04)

1 + r = 1.11 / 1.04

1 + r = 1.06730769230769

r =  1.06730769230769 – 1

r = 0.06730769230769

The equivalent present worth of the series can now be calculated using the formula for calculating the present value (PV) of a growing annuity as follows:

PVga = (P / (r - g)) * (1 - ((1 + g) / (1 + r))^n) .................... (2)

Where;

PVga = present value of a growing annuity or equivalent present worth of the series = ?

P = constant dollar (or real-dollar) payments = $6,000

r = real interest rate = 0.06730769230769

g = growth rate of payments = 5%, or 0.05

n = number of years = 5

Substituting the values into equation (2), we have:

PVga = (6000 / (0.06730769230769 - 0.05)) * (1 - ((1 + 0.05) / (1 + 0.06730769230769))^5)

PVga = 346,666.666666712 * 0.078493722845371

PVga = $27,211.16

Therefore, the equivalent present worth of the series is $27,211.16.

In March, gross earnings of Perlman Company totaled $250,000. All earnings are subject to 7.65% FICA taxes, 5.4% state unemployment taxes, and 0.8% federal unemployment taxes.
A) Compute the employer's payroll tax expense.
B) Prepare the entry to record payroll taxes.

Answers

Answer:

A. Employer payroll tax expense includes FICA and State and Federal Unemployment tax.

= (250,000 * 7.65%) + (250,000 * 5.4%) + (250,000 * 0.8%)

= 19,125 + 13,500 + 2,000

= $‭34,625

B.

Date      Details                                                          Debit              Credit

March    Payroll Tax expense                                $34,625

              FICA Taxes                                                                          $19,125

              State Unemployment Taxes                                             $13,500

              Federal Unemployment Taxes                                         $2,000‬

True or False. Your employer is responsible to make contributions, on your behalf, to the Federal Insurance Contributions Act (FICA).

Answers

Answer:

True

Explanation:

Plz mark brainliest thxxx :) hope it helps

Your employer is responsible to make contributions, on your behalf, to the Federal Insurance Contributions Act (FICA) is a true statement.

The employers is the one that is responsible for paying employees contributions on their behalf for FICA by the fact that Employers do withhold FICA taxes from employees' wages, and therefore pay employer FICA taxes and later on go and report both the employee and employer shares to the IRS.

Conclusively, the FICA taxes are payroll taxes that is used in handling social security and Medicare and as such, both employees and employers must contribute their fair share.

Learn more from

https://brainly.com/question/1160192

Rebello's preferred stock pays a dividend of $1.00 per quarter,and it sells for $55.00 per share.What is its effective annual (not nominal)rate of return?
A) 6.62%
B) 6.82%
C) 7.03%
D) 7.25%
E) 7.47%

Answers

Answer:

7.47%

Explanation:

Calculation for the effective annual rate of return

Using this formula

Effective annual rate of return=[1+(Preferred quarterly dividend+Preferred stock price]^Periods per year-1

Let plug in the formula

Where,

Periods per year =4

Preferred quarterly dividend=$1.00

Preferred stock price=$55.00

Effective annual rate of return = [1+ ($1.00/$55.00)]^4 - 1

Effective annual rate of return=(1+0.018181818)^4-1

Effective annual rate of return=(1.018181818)^4-1

Effective annual rate of return =1.0747-1

Effective annual rate of return =0.0747*100

Effective annual rate of return = 7.47%

Therefore Effective annual rate of return will be 7.47%

Which sentence depicts that alternate sales channels are cost effective for small businesses?
Alternative sales channels could work well for you if your product and target customer base profiles support them. These alternative channels can offer you a less competitive route to increased sales. Telemarketing is an example of one such alternative channel. It is the next most interactive medium after direct (face-to-face) sales.

Answers

Answer:

Telemarketing depicts that alternate sales channels are cost effective for small businesses is explained below with example.

Explanation:

Telemarketing is the straight marketing of assets or assistance to possible consumers over the communications or the Internet. Four standard varieties of telemarketing involve outbound calls, inbound calls, lead production, and sales calls. The benefits are it is manageable to reach out to consumers and it is cost-effective if done, fortunately.

Answer:

These alternative channels can offer you a less competitive route to increased sales.

Explanation:

Big Wheel, Inc. collects 25% of its sales on account in the month of the sale and 75% in the month following the sale. Sales on account are budgeted to be $17,900 for March and $50,600 for April. What are the budgeted cash receipts from sales on account for April

Answers

Answer:

$26,075

Explanation:

Follow the  Receipt Cycle that has been stated but this time focusing on the month of April

Receipts :

Collection for April Sales ( $50,600 × 25%)  = $12,650

Collection for March Sales ( $17,900 × 75%) = $13,425

Total Collection in April                                  = $26,075

Therefore, Total cash receipts from sales on account for April  are  $26,075.

The FICA (social security) tax is a matching tax with a portion paid by both the employer and the employee.
A. True
B. False

Answers

Answer:

A) true

Explanation:

FICA Tax can be regarded as matching tax, it is been paid by the employees and employers at equal rate. The tax can be divided into Social Security tax as well as Medicare tax. It shouldbe noted the FICA (social security) tax is a matching tax with a portion paid by both the employer and the employee.

Tom O'Brien has a 2-stock portfolio with a total value of $100,000. $65,000 is invested in Stock A with a beta of 0.75 and the remainder is invested in Stock B with a beta of 1.42. What is his portfolio's beta

Answers

Answer:

Beta= 0.9845

Explanation:

Giving the following information:

Stock A:

Investment= $65,000

Beta= 0.75

Stock B:

Investment= $35,000

Beta= 1.42

To calculate the beta of the portfolio, we need to use the following formula:

Beta= (proportion of investment A*beta A) + (proportion of investment B*beta B)

Beta= (0.65*0.75) + (0.35*1.42)

Beta= 0.9845

An early 1970s government study ("Work in America") identified three chief sources of worker dissatisfaction. Which of the following is one of those sources?

Answers

Answer:

"The rigidity of rules and regulations " is the appropriate response.

Explanation:

Rigidity seems to be a distinguishing characteristic of the disposition among people with autism or disabilities. The same kind of perspective also requires an individual to implement strict guidelines to circumstances that require uncertainty as well as consistency.

That being said, regulations, as well as standards, seldom operate stringently, with little difference throughout circumstances and conditions.

An instrument that represents a standard and agreed upon value, used to purchase goods
and services and to pay debts, is called a:

Answers

Answer:

guitar

Explanation:

What helps art directors ensure that ad vision works on the screen and allows cost effective critical changes to take place before production?
A.
Copywriting
B.
Storyboarding
C.
Animating
D.
Auditioning

Answers

Storyboard - hope that helps!

Answer:

Storyboarding B

Explanation:

A provider of oil for home heating systems is offering $100 off its first delivery to new customers. This is an example of which sales promotion tactic?
a. Contest
b. Free gift with purchase
c. Bonuses
d. Push money

Answers

Answer:

b. Free gift with purchase

Explanation:

The promotion tactic that the provider is trying to use is a Free gift with purchase. This is because by making your first every purchase the company is basically gifting you a certain amount of money through a discount of your purchasing total. Companies tend to do this in order to attract customers through the enticement of free money or products/gifts. They are able to do this because a single purchase will make them more profit than they are wasting on the gift and can lead to recurring customers.

A European call and put option on the same security both expire in three months, both have a strike price of 20, and both sell for the price 3. If the nominal continuously compounded interest rate is 10% and the stock price is currently 25 , identify an arbitrage.

Answers

Answer:

Call payoff = Max [0, Stock price - Strike price]

Call payoff = Max[0,25-20]

Call payoff = 5

Put payoff = Max[0, strike price - stock price]

Put payoff = max[0,20-25]

Put payoff = 0

Strike price = K = 20

Stock price​ = S = 25

interest rate = 10% = 0.1

Time to expiry = T = 3 months = 3/12 = 0.25

Put call parity: C + K*Exp(-r*T) = P + S

C = P + S​ - K*Exp(-r*T)

Call = 3 + 25 - 20*exp(-0.1*0.25)

Call = 28 - 19.5062 =

Call = 8.4938 > 3

So, yes there is an arbitrage . Implied value is 8.4938 but trades at 3.00; Call option is trading cheap hence we should buy more call options.

If the abnormal return for a stock during the first week is +5 percent and +3 percent during the second week, what is the abnormal return for the two-week period?
A) 5 percent
B) 3 percent
C) 8.15 percent
D) 8 percent

Answers

Answer:

C) 8.15 percent

Explanation:

The computation of the abnormal return for the two week period is as follows:

Abnormal return is

= (1 + first week abnormal return) × (1 + second week abnormal return) - 1

= (1 + 5%) × (1 + 3%) - 1

= 1.0815% - 1

= 8.15%

Hence, the correct option is c.

We simply applied the above formula so that the correct value could come

And, the same is to be considered

If a 3D printer increased in cost at exactly the inflation rate, what was the inflation rate if the printer costs exactly twice as much now as it did 10 years ago?

Answers

Answer:

7.18% per year

Explanation:

Calculation for the inflation rate

Using this formula

Inflation rate =1(1 + f)^10 =2

Inflation rate = (1 + f) =2^0.1

Inflation rate=( 1.0718f-1)*100

Inflation rate = 0.0718 *100

Inflation rate=7.18%

Therefore the inflation rate will be 7.18% per year

Getting certain advanced certifications can require ______.
a.
Passing knowledge tests
b.
Years of experience
c.
Extensive training
d.
All of the above

Answers

Answer:

d. All of the above

Explanation:

Advanced certificate programs as the name entails are only for professionals who are established in their careers line. Ordinary or new professionals cannot get this certificate as it requires experiences and job test to acquire the certificate. Passing knowledge tests, years of experience and extensive training are all requisite to possess to be able to acquire advance certificate.

Answer:

d all of the above. HOPE THIS HELPS!!

Explanation:

How much interest does a $407 investment earn at 6% over seven years?

Answers

Answer:

$170.94

Explanation:

interest is calculate using the formula

I= p x r x t

where p = principle amount: $407

r = interest rate: 6% or 0.06

t= time: 7 year

I= $407 x 0.06 x 7

I= $24.42 x 7

I= $170.94

One of the 200 business majors at a college is to be chosen for the student senate. If 77 of these students are enrolled in a course in accounting, 64 are enrolled in a course in business law, and 92 are not enrolled in either course, how many of the outcomes correspond to the choice of a business major that is enrolled in both?

Answers

Answer:

the number of outcomes that enrolled in both is 33

Explanation:

The computation of the number of outcomes that enrolled in both is as follows:

= Enrolled in accounting course + enrolled in business law + enrolled in either course - total business majors

= 77 + 64 + 92 - 200

= 33 outcomes

hence, the number of outcomes that enrolled in both is 33

We simply applied the above formula so that the correct value could come

And, the same is to be considered

Which of the following is NOT a factor affecting the cost of insurance?

Business history

Location of business

Business management style

Competition of the business

Answers

Answer:

compitition of the bussiness

The government decides to reduce income taxes due to a recession in the economy over the past nine months. The reduction in income taxes will effectively boost spending in the economy if:__________.
A) Ricardian equivalence does not hold-people choose to save the majority of the extra income they now take home.
B) Ricardian equivalence does not hold-people choose to spend the majority of the extra income they now take home.
C) Ricardian equivalence holds--people choose to spend the majority of the extra income they now take home.
D) Ricardian equivalence holds-people choose to save the majority of the extra income they now take home.

Answers

Answer:

B) Ricardian equivalence does not hold-people choose to spend the majority of the extra income they now take home.

Explanation:

According to the Ricardian equivalence, in this the consumer wants to enjoy the similar wealth all over the life due to which the deduction of the tax would not likely to rise the consumption of the consumers. They spent the similar amount. Also the consumer try to expect the loss arise in the future because of the tax rise and at the same time the government can increased the tax so that the loss i.e. spent would be balanced.

Now in the given situation if Ricardian equivalence grasp the income deduction so the consumption would not rise due to which the company can be within the recession

hence, the correct option is B.

Other Questions
******40 POINTS********************************************************************************************Refer back to the video in the introduction to 6.1 - Is Google a Monopoly? Lets assume that Google is a monopoly. Should Americans be concerned? Typically people are weary of monopolies because of the pricing power that they have. But using Google Search is free.Should the United States government step in? If you say yes, how should they punish the company? Whether you say yes or no, be sure to justify your answer.Create a new post in which you respond to the question above. Your post should:Provide thoughtful and practical suggestions for how the issue of scarcity should be approached.Reference key ideas and terms from the lesson.Be well organized, well-written in professional language, and free from grammatical errors.After you have made your post, provide a substantive response* to at least one other student.*A substantive response means a response which adds to the conversation started in the original post in a meaningful way. Some examples of substantive responses include sharing a reaction to the original post along with an explanation, asking good follow up questions, or sharing a personal experience that relates to the original post. Simply saying that you agree or disagree, or making general comments (e.g. "great job" or I disagree) does not qualify as a substantive response. Do traffic cameras save lives or violate Due Process? Or do they do a little of both? Explain? Match the definition with the correct term: 1/12th the mass of a carbon-12 atom. What are three phrases that show Americas ability to fight Britain? What is the Isthmus of Panama?a flat basin in Central Americaa mountainous area in South Americaa narrow land bridge in Central Americaan area of high elevation in South America. Please answer correctly !!!!! Will mark Brianliest !!!!!!!!!!!!!! Lamar drinks 8 ounces of water with breakfast, 6 ounces of water with his vitamins, 16 ounces of water with his lunch, 16 ounces of water with his dinner, and 32 ounces of water from a bottle he carries throughout the day. Write and evaluate a numerical expression for the amount of water in ounces that he drinks in a week. I need this by today, please help. Will give brainliest.Annika's older cousin borrowed $800 to repair her car. she will pay off the loan after 2 years by paying back the principal plus 4.5% simple interest each year. How much will she spend in interest? How much will she pay back altogether? How did Jamestown become successful The red maple tree is a flowering plant. The longleaf pine tree is a nonflowering plant. Both trees go through various stages in their life cycles. Which stage occurs in the life cycles of both trees? A $400 table is on sale for 33% off. There is a 6.8% sales tax. How would you find the final price of the table?Subtract 33 from $400 and add 6.8 to it.Find 33% of $400. Add it from $400 to find the discounted price. Calculate 6.8% of the discounted price and subtract that value to the discounted price.Find 33% of $400 and 6.8% of that new value.Find 33% of $400. Subtract it from $400 to find the discounted price. Calculate 6.8% of the discounted price and add that value to the discounted price. Which equation best represents the data shown in the scatter plot below?A. y=32x+3B. y=113x+4C. y= x+17D. y= 2x+31 6th grade science I mark as brainliest. What are citizens of the Louisiana dissolving themselves of? Javed downloaded from the Internet two files that had a combined size of 696 megabytes. The size of the first file was290 megabytes, and it took 5 minutes to download, Assuming that the files downloaded at a constant speed, how longdid it take for the second file to download?2 minutes4 minutes7 minutes12 minutes 3m = 14.44. Wilton drives an Uber. He charges $20 per hour. One passenger gave Wilton an additional tip of $10, which made the total he paid $90. How many hours did Wilton drive the passenger?MUST SHOW WORK The USDA has approved over 10,000 genetically engineered crops.t or f Need this it is due tomorrow please. How do earthquakes impact ecosystems?pls help me!!!!!! :) 3+(4)8(1)can guy help me pls