With all time value of money problems there are three basic factors: 1) timing of cash flows; 2) Size of Cash flows; 3) Risk of cash flows. Note the timing is associated with 'n' or number of periods; size is associated with PV, FV or Pmt (payment) and risk is associated with the interest rate. With any particular problem you might be asked to solve for PV, FV, PMT, N or I. Therefore part of a good problem solving strategy is attempting to identify these variables when you read a problem. Note sometimes not all of the variables are given. You may need to assume a variables value (which might be zero or other value based on the context of the question). In the question below you are asked to compute payment, this is a common question in finance when you are computing the required payments on a loan. If a 10-year ordinary annuity has a present value of $8,225, and if the interest rate is 5 percent, what is the amount of each annuity payment?

Awell-written business plan can improve your chances of getting funding and give you more free time. improved logistics. greater negotiating power.

Carrie works at a canned food production factory. the government wanted to give a boost to the salt industry, so it lined up numerous subsidies and tax exemptions for the sector. this lead to a decrease in production costs. this also meant that consumers could access canned foods at a lower price, which lead to an increase in demand for the product. which kind of economic system is carrie’s company dealing with? carrie’s company is dealing with a/an economy.

This problem has been solved! see the answerthe xyz corporation is interested in possible differences in days worked by salaried employees in three departments in the financial area. a survey of 23 randomly chosen employees reveals the data shown below. because of the casual sampling methodology in this survey, the sample sizes are unequal. research question: are the mean annual attendance rates the same for employees in these three departments? days worked last year by 23 employees department days worked budgets (5 workers) 278 260 265 245 258 payables (10 workers) 205 270 220 240 255 217 266 239 240 228 pricing (8 workers) 240 258 233 256 233 242 244 249 picture click here for the excel data filefill in the missing data. (round your p-value to 4 decimal places, mean values to 1 decimal place and other answers to 2group mean n std. dev variancesbudgets payables pricing total one factor anova source ss df ms f p-value treatment error total