Business, 10.11.2019 22:31 yourgirlmaya
Parents want to setup an account for their child studying abroad for next 2 years, where they can receive a monthly allowance of $600. the account will be compounded 6.65% monthly. how much should they deposit so their child could have the allowance?
Answers: 2
![\begin{aligned}\text{PV}&=\text{PMT}\times\left[\dfrac{1-\left(\dfrac{1}{(1+r)^{n}}\right)}{r}\right]\\&=\$600\times\left[\dfrac{1-\left(\dfrac{1}{(1+0.0665)^{24}}\right)}{0.0665}\right]\\&=\$7098.27\end{aligned}](/tpl/images/0368/3414/ecce7.png)
Another question on Business
Business, 22.06.2019 03:10
Jackson is preparing for his hearing before the federal communications commission (fcc) involving a complaint that was filed against him by the fcc regarding the interruption of radio frequency. the order to "cease and desist" using the radio frequency has had a detrimental impact on his business. once the administrative law judge prepares his or her initial order, jackson has no further options. no, jackson can request that the matter be reviewed by an agency board or commission. yes, once the initial order is presented, it's only a matter of time before the order becomes final.
Answers: 3
Business, 22.06.2019 06:00
When an interest-bearing note comes due and is uncollectible, the journal entry includes debitingaccounts receivable and crediting notes receivable and interest revenue.accounts receivable and crediting interest revenue.notes receivable and crediting accounts receivable and interest revenue.notes receivable and crediting accounts receivable.
Answers: 3
Business, 22.06.2019 11:20
Security a has a higher standard deviation of returns than security b. we would expect that: (i) security a would have a risk premium equal to security b. (ii) the likely range of returns for security a in any given year would be higher than the likely range of returns for security b. (iii) the sharpe ratio of a will be higher than the sharpe ratio of b. (a) i only (b) i and ii only (c) ii and iii only (d) i, ii and iii
Answers: 1
You know the right answer?
Parents want to setup an account for their child studying abroad for next 2 years, where they can re...
Questions
English, 20.12.2019 11:31
History, 20.12.2019 11:31
Health, 20.12.2019 11:31
SAT, 20.12.2019 11:31
Mathematics, 20.12.2019 11:31
Biology, 20.12.2019 11:31
Mathematics, 20.12.2019 11:31
Social Studies, 20.12.2019 11:31
English, 20.12.2019 11:31
Mathematics, 20.12.2019 11:31
