a investment grows to at interest compounded quarterly. for how long was the money invested? round to the nearest year

Answers

Answer 1

The money invested is 7. The compounding formula is used to create the quarterly compounding formula. With various time periods, you can apply the same principle for calculating interest rates: Divide the annual rate by 360 to get the interest rate per day.

Compounding quarterly is the term used to describe the amount of interest that is earned on a quarterly basis on a savings account or investment where the interest is also reinvested. As most banks offer interest income on the deposits, which compounds quarterly, this information is useful in computing the fixed deposit income. With various time periods, you can apply the same principle for calculating interest rates: Divide the annual rate by 360 to get the interest rate per day (or 365, depending on your bank). Divide the annual rate by four to get the quarterly rate. The interest would be paid to you at the end of each quarter, for instance, if the financial institution reports quarterly compounding interest, which implies interest will be compounded four times year.

Based on the given conditions,

Formulate

[tex]8000*(1+\frac{3percent}{4} )^{4t} =10000[/tex]

Solve the equation

[tex]8000*(1+\frac{0.03}{4})^{4t}=10000\\8000*(\frac{403}{400}})^{4t}=10000\\[/tex]

Divide the both

[tex](\frac{403}{400}})^{4t}=\frac{10000}{8000}\\\\\\(\frac{403}{400}})^{4t}=\frac{5}{4}\\\\\\4t=log_{\frac{403}{400}}\frac{5}{4}[/tex]

Divide both sides

[tex]t=\frac{log_{\frac{403}{400}}\frac{5}{4}}{4}[/tex]

Find the closest integer [tex]t=\frac{log_{\frac{403}{400}}\frac{5}{4}}{4}=7[/tex]

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An $8,000 investment grows to $10,000 at 3% compounded quarterly. For how long was the money invested? Round answer to the nearest year.


Related Questions

The cash flow statement should be evaluated by examining the cash flow pattern ______.

Answers

By taking a look at the flow pattern of a subtotals for the 3 parts of the statement, the cash-flow statement should be assessed.

What kind of cash flow is this, exactly?

Spending that occurs in the normal course of business is included in cash flow from operations. Payroll, cost of products sold, rent, and utility costs are a few examples of cash outflows. Cash outflows can differ greatly.

Is cash flow merely income?

Revenue is the revenue that a company receives from the sale of its products and services. The net sum of money coming into and going out of a business is called cash flow. The success of a company's marketing and advertising can be measured by its revenue, whereas a company's cash flow serves as a liquidity indicator.

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fulbright corporation uses the periodic inventory system. during its first year of operations, fulbright made the following purchases (listed in chronological order of acquisition): 40 units at $100 per unit 70 units at $80 per unit 170 units at $60 per unitsales for the year totaled 270 units, leaving 10 units on hand at the end of the year.ending inventory using the lifo method is:

Answers

Fulbright employer makes use of the periodic stock device throughout its first 12 months of operations, fulbright made the subsequent of the 12 months finishing inventory the use of the lifo method is $707.

C. $707.

[(40 x $100) + (70 x $80) + (170 x $60)] = $19,800 ÷ 280 units = $70.71 according to unit 10 gadgets x $70.seventy one = $707 (rounded)

The periodic stock machine makes use of an occasional physical rely to degree the level of stock and the price of products sold. The perpetual machine keeps track of inventory balances constantly, with updates made robotically every time a product is acquired or bought.

The primary distinction among the periodic and perpetual stock systems is the perpetual system maintains a chronic record of stock transactions, whereas the periodic system data those transactions handiest at the quit of the duration.

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what is the net present value of an investment with the following cash flows if the required rate of return is 9%? year cash flow 0 -$17,000 1 $ 7,000 2 $ 3,000 3 $13,000

Answers

The net present value of the investment will be $33,013.5

Given,

rate of interest  (r)= 9% or 0.09

n = 4

cash flows  are given as :

year 0 = $17000

year 1 = $7000

year 2 = $ 3000

year 4= $ 13000

Taking values from the NPV table for 4 years at 9%, we get them as 0.9174, 0.8417,0.7722,0.7084

Substituting the above values we get:

NPV  =  cash flow * PVF (9%, 4 years)

NPV = 17000*0.9174 + 7000*0.8417 +3000*0.7722+13000*0.7084

NPV = 15,595.8 + 5891.9 + 2316.6 + 9209.2

NPV = 33,013.5

So, the net present value of the investment will be $33,013.5

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diversification is the process of: reducing risk by spreading resources among different investments. reducing risk by investing in cds only. reducing risk by careful study of underlying investments. reducing risk by avoiding risky investments.

Answers

Diversification is the process of reducing risk by spreading resources among different investments.

Diversification in finance is the process of allocating capital in such a way that it reduces exposure to any one asset or risk. To lower risk or volatility, diversification is frequently achieved by investing in a variety of assets.

It helps you mitigate the risk associated with such scenarios by selecting various investments and investment types. Diversification does not ensure investment returns or eliminate the risk of loss, even in a declining market.

Hence, the correct answer is the "First" option.

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will, jill, and phil are all wheat farmers. the wheat industry is perfectly (purely) competitive. the first chart shows how much each farmer produces at different price levels. the second chart shows each farmer's minimum average total cost (atc), average variable cost (avc), and marginal cost (mc). based on this data (assuming these three are the only producers), plot the industry supply curves: one for the short and a second for the long run.
Short-run Quantity Supplied
Price, $ Will Jill Phil
2.00 4 2 0
4.00 6 4 2
6.00 9 5 4
8.00 12 8 6
Firm Will Jill Phil
Minimum ATC, $ 2.50 5.00 7.00
Minimum AVC, $ 1.00 2.00 2.50
Minimum MC, $ 0.50 1.00 2.00
Supply curve
The supply curve is a graphical depiction of the market supply of products and services sought by customers and released by the manufacturer to meet those demands. Thus, a supply curve depicts the connection between the price of an item or service and the amount delivered over a specific period.

Answers

The market supply of goods and services that consumers want and that producers release to satisfy those wants are represented graphically by the supply curve. Consequently, a supply curve shows the relationship between the cost of an item or service and the volume delivered over time.

P=MC represents the short-run supply, where P is bigger than the AVC (i.e., above AVC minimum). The following table shows the short-run supply.

Price Will     Jill Phil Total (Short-term Supply)

$2          4       2   0          6

$4          6       0   0         12

$6          9       5   4         18

$8         12       8   6        26

The total of all three production levels at each price would represent the short-term supply.

Long-term supply would be kept to a bare minimum by the ATC. The table would appear as follows:

Price Will      Jill Phil Total (Short-term Supply)

$2          0       0   0          0

$4          6       0   0          6

$6          9       5   0         14

$8         12       8   6        26

When the lowest (possible) price exceeds ATC's lowest (possible) price, there will be a long-term supply. This is how the graph would appear. (Graph is attached in the image section)

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which of the following are included in marketing operational crm technologies? (check all that apply)

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List generators, campaign management, cross-selling, and up-selling are all part of our marketing operations CRM technology.

Operational CRM is designed to improve your day-to-day operations and securely store data about all your customer and prospect transactions. Leading CRM capabilities enable businesses to measure, analyze, and tune customer journeys in real-time.

Customer Relationship Management (CRM) is a technology for managing relationships and interactions with all of a company's customers and potential customers.

Improve business relationships CRM systems help businesses stay connected with customers, streamline processes, and improve profitability.

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if merchandise inventory is being valued at cost and the price level is steadily rising the mehtod of cositng that will yield the highest net income is

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if merchandise inventory is being valued at cost and the price level is steadily rising the method of costing that will yield the highest net income is FIFO.

The cost of completed products (COGS) that a retailer or wholesaler has on hand to sell to its clients during a specific accounting period is referred to as merchandise inventory. The price of the books or periodicals a bookshop has for sale would be considered part of its goods inventory. Since the company intends to sell its merchandise inventory for money, it is regarded as a "current asset".

The term "FIFO" refers to the principle that the first items saved should be retrieved first. "First in first out" simply implies that you should mark your food with the dates you stored it and arrange the older goods in front or on top so that you utilize them first.

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a call option with a stike price of 100 is priced at 20 what is tis intrinscic value if the underlying stock is trading at 150

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A call option with a strike price of 100 is priced at 20. The intrinsic value if the underlying stock is trading at 150 will be 50 as current trading price - strike price.

Stock in the financial industry refers to all of the shares used to divide ownership of a corporation or business. Based on the total number of shares, each share of stock represents a small portion of the company's ownership. This typically entitles the shareholder to that proportion of the company's earnings, the proceeds from the sale of the company's assets, or voting power.

Not all classes of stock are created equal; some may have enhanced voting privileges, no voting limitations, or a particular priority to receive profits or liquidation proceeds ahead of or behind other classes of shareholders.

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what is the marginal private benefit of the 200th unit consumed? (do not include the dollar sign $ in your answer)

Answers

The marginal private benefit of the 200th unit consumed is 4.

The details share in the above question are as follow,

It is given that,

The unit consumed is 200 unit.

We have to find the marginal private benefit.

The marginal private benefit is added value that the entity consuming or producing the product receives from the consumption or production of one more unit.

By seeing the diagram we see that,

At quantity 200, MB is eight on the demand curve and MC is four on the supply curve.

MC is marginal cost.

The marginal cost is 4.

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Note the figure missing in the question is,

5. assume that humongous bank is part of a multibank system. how much will money supply increase with that original $19 million loan?

Answers

Elasticity is an economic concept used to measure changes in the aggregate demand for goods or services with respect to price changes for the goods or services. A product is said to be elastic if the quantity demanded of the product changes disproportionately as the price of the product rises or falls.

Gasoline is one such type of product the market has found that consumers are buying the same amount even though the price is rising. Conversely, if the price of gasoline falls, consumers will buy the same amount.

Durable goods are an example of a product with elastic demand. These are items that are rarely bought, such as washing machines and cars, and can be moved if prices increase. For example, car discounts have been very successful in increasing car sales through lower prices.

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after you’ve talked to a referral about your job search, what should you do? check all that apply. cut off communication.

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After we've talked to a referral approximately our job search, ask whether we can live in touch throughout our Communication. Ship our referral a casual thank-you notice, Ask whether we are able to stay in contact at some stage in our process seek.

Name, address, phone variety, what corporation they may be with, process identify, and 2 or three people that virtually such or give us good tips. communique is the act of giving, receiving, and sharing information in different phrases, talking or writing, and listening or analyzing. Appropriate communicators pay attention cautiously, communicate or write surely, and admire different reviews.

Communication is commonly described because of the transmission of information. The term also can refer just to the message communicated or to the field of inquiry reading such transmissions. there are many disagreements approximately its precise definition.

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wes, who is an art collector, offered to buy a print from le monde gallery. le monde balked at the price, sending wes a letter of rejection. that day it discovered that the print was not as highly valued as originally thought. le monde immediately telephoned wes to accept his offer. is there a contract?

Answers

He learned that day that the print wasn't as valuable as he had first believed. Le Monde contacted Wes right away to accept their offer. Because acceptance happened before rejection, there is a contract.

An agreement between parties that creates a legally binding obligation on each other is known as a contract. Legal offer and acceptance, the consent of both parties as demonstrated by appropriate consideration, competence and legality, and the consent of both parties are fundamental requirements for an agreement to be reached. becomes a legally binding contract.

The main function of a contract is to formally establish new relationships and to impose a variety of legal obligations that each party has to the other. Today, companies rather than individuals negotiate most contracts.

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an oligopolistic market structure is distinguished by several characteristics, one of which is difficult entry. which of the following are other characteristics of this market structure? check all that apply. market control by a few large firms neither mutual interdependence nor mutual dependence mutual interdependence market control by many small firms either similar or identical products. Which of the following are other characteristics of this market structure?
Check all that apply.
A) Market control by many small firms
B) Difficult entry
C) Mutual interdependence
D) Market control by a few large firms
E) Mutual dependence

Answers

An oligopolistic market structure is distinguished by several characteristics, one of which is a difficult entry. Market control by many small firms.

Oligopoly markets are markets dominated by way of a small range of suppliers. They can be located in all countries and across a huge variety of sectors. some oligopoly markets are aggressive, even as others are substantially much less so, or can at least appear that way.

Oligopoly is a shape of imperfect competition and is usually defined because of competition among a few. hence, an Oligopoly exists when there are top ten dealers in a market selling homogeneous or differentiated merchandise. a great instance of an Oligopoly is the cold beverages industry.

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Which of the following statements are true?
select all that apply
a. In order for employees to understand the importance of the balanced scorecard, incentive compensation should immediately be tied to it.
b. It is important that balanced scorecard measures are not easily manipulated.
c. Using balanced scorecard performance measures to reward employees can result in sub-optimal results.

Answers

It's critical that balanced scorecard metrics are difficult to game. Employee rewards that are based on balanced scorecard performance metrics may not be as effective as they could be.

What does a balanced scorecard mean?

The definition of a balanced scorecard (BSC) is a management tool that gives feedback on the both internal business operations and external results in order to continuously enhance strategy performance and outcomes.

With an example, what is a balanced scorecard?

As a result, the following can be used to establish a balanced scorecard description: A method for tracking the company's strategic decisions based on previously established indicators, with a minimum of four different considerations—financial, customer, internal operations, and learning and growth—in the instrument.

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some nations make manufacturers responsible for reducing e-waste. companies must recover used and discarded electronic equipment that they sell to customers. do you think this is a good idea? would you support it?

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E-waste is collected in industrialized nations in order to salvage some valuable materials and securely get rid of the harmful compounds they contain, such as lead, cadmium, mercury, dioxins, and furans. E-waste is mostly gathered in poor nations in order to recover a few valuable metals.

What is e-waste?

Old electrical or electronic equipment is referred to as "electronic rubbish," or "e-waste." Used electronics that are meant to be recycled through resource recovery, rehabilitation, reuse, resale, or disposal are referred to as e-waste. Depending on their density and condition, some materials included in various electrical equipment might be harmful. In California, for instance, non-operational cathode ray transistors (CRT) from television and monitors are presently regarded as dangerous.

By making wise purchases and maintaining your equipment, you may lower your production of electronic trash. Products that can't be fixed should be recycled. As it is against the law to do so in California, computer monitors, TVs, and other electronic should NOT be thrown out with conventional trash. To locate a company that can handle managing your gadgets for recycling.

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1. Working from the table above, if Patricia wants to expand output from 450 web pages per month to 525 web pages per month her average cost per web page will go from ______________ to ______________.
Product
100
220
350
450
525
550
570
area
$5,000
$5,000
$5,000
$5,000
$5,000
$5,000
$5,000
$5,000
acre
Need
Ceca EL)
$3,000
$ 6,000
$ 9,000
$ 12,000
$ 15,000
$ 18,000
$21,000
Total
$5,000
$ 8,000
$ 11,000
$ 14,000
$ 17,000
$ 20,000
$ 23,000
$ 26,000
Marginal
Cost
$30
$25
$23
$30
$40
$120
$150

Answers

If Patricia wants to expand output then her average cost web page will go from 37.77 to 38.09.

Using average cost formula,

Average cost = [tex]\frac{Total Cost}{Number of units}[/tex]

In case 1,

= [tex]\frac{17000}{450}[/tex]

= 37.77

In case 2,

then the average cost will be,

= [tex]\frac{20000}{525}[/tex]

= 38.09

In economics, the average cost, also known as unit cost, is calculated by dividing the entire cost by the quantity of an item or service delivered. How much businesses charge for their products is significantly influenced by the average cost. The total cost of an enterprise consists of both fixed and variable costs. The average cost is a measure that companies can use to gauge their profitability. The average cost illustrates the relationship between a unit's selling price, manufacturing expenses, and sales costs. The average cost illustrates the relationship between a unit's selling price, manufacturing expenses, and sales costs. By considering average expenses, businesses can more accurately evaluate their short- and long-term profitability.

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assume that a major research study determines that consumption of apples significantly reduces the risk of cancer. each of the following statements accurately describes the short-run effect in the market for apples except

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The supply of apples will increase. (The increase in demand causes movement along the supply curve, not a shift in the supply curve.)

Shift in the supply curve: Variations in the cost of production and linked factors can cause a whole supply curve to move to the right or left. As a result, a bigger or lower amount is provided at a specific price.

Assuming no other things change, supply curves show how prices and quantity delivered are related. The ceteris paribus assumption refers to this. This also happens when other variables are not kept constant.

The link between quantity on the x plane and price on the vertical axis is known as a demand curve or a supply curve. A demand or supply curve is based on the supposition that no other essential economic variables, outside the product's price, are altering.

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Need HELP 100 POINTSScarcity is the idea of satisfying unlimited wants and needs with limited resources. Which of the following is an example?
A. The customer is always right, so his/her needs should be met.
B. More resources could be grown or built to satisfy the need.
C. Everyone needs food, but there is not enough.

Answers

Answer:

C

Explanation:

the definition of scarcity is to subsist with a scarce amount of something, or to have a very little amount of something. When there is a community of people with not enough food to go around, scarcity is the issue, and food must be allocated carefully.

C is the answer

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What is a serial advanced technology attachment (SATA) cable used for?
A. to connect storage devices to the motherboard
B. to connect RAM to the CPU
C. to connect the heat sink to the motherboard
D. to connect the HDD to the CPU

Answers

Based on computer technology and operations, the serial advanced technology attachment (SATA) cable used to connect storage devices to the motherboard

What is a serial advanced technology attachment (SATA) cable?

Serial advanced technology attachment (SATA) cable is a device often referred to as a computer bus that serves as the interface between host bus adaptors and mass storage devices.

Generally, Serial ATA host adapters and devices transmit via a single high-speed seven-wire serial cable rather than through the parallel bus used in previous technologies.

Various SATA devices are available, which can be used for transmitting data from the computer to the mass storage devices.

There are three main types of SATA cable connections for computers are:standard two-connection SATA cables, three-connection SATA cables, and eSATA cables.

Hence, in this case, it is concluded that the correct answer is to connect storage devices to the motherboard

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Which of the following statements about a change in reporting entity are true? (Select all that apply.)
Check All That Apply
A change in reporting entity occurs as a result of changing specific companies that constitute the group for which consolidated or combined statements are prepared.
A change in reporting entity occurs as a result of changing specific companies that constitute the group for which consolidated or combined statements are prepared.
For changes in entity that result from changes in accounting rules, the prior-period financial statements that are presented for comparative purposes must be restated to appear as if the new entity existed in those periods.
For changes in entity that result from changes in accounting rules, the prior-period financial statements that are presented for comparative purposes must be restated to appear as if the new entity existed in those periods.
When one company acquires another one, the prior-period financial statements that are presented for comparative purposes must be restated to appear as if the new entity existed in those periods.
When one company acquires another one, the prior-period financial statements that are presented for comparative purposes must be restated to appear as if the new entity existed in those periods.
When there is a change in reporting entity, disclosure note is not required.

Answers

The statements about a change in reporting entity are true is A change in reporting entity occurs as a result of changing specific.

A reporting entity is any entity (including business entities) that can reasonably be expected to have users who rely on common financial reports for information that aids decision-making and evaluation of scarce resource allocations. is.

A reporting entity is an entity that is required or elects to prepare financial statements. A reporting entity may be a single entity, part of an entity, or include multiple entities (consolidated reporting). A reporting entity is typically, but not necessarily, a legal entity.

The definition of reporting entity is primarily based on the concept of financial accountability. The primary government is financially responsible for the organizations that make up its legal entity.

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the providers at abc family medicine provide the codes for their services to the billing department. the compliance plan requires a review of the coding once a month. what is this an example of? a. a work plan b. monitoring c. internal review d. auditing

Answers

The purpose of this compliance program guidelines is to help individual and small group physician practices (hereafter referred to as "physician practices") 1 create a voluntary.

What factors will determine the compliance program's scope?

The size and resources of the provider practice will determine the extent of the compliance program. Based on good current practice, the minimum necessary rule states that protected health information should not be used or disclosed unless absolutely necessary to achieve a specific goal or perform a specific function.

What does a compliance plan serve?

Key Learnings. A company's personnel must abide by all applicable rules and regulations, which are ensured through compliance programs that lay out a set of standards and best practices. Compliance programs assist businesses in safeguarding their reputation against controversy.

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which report summarizes the overall financial worth of an organization, such as assets and liabilities, at a specific point in time?multiple choice question.

Answers

A balance sheet describes an organization's whole financial position, including its assets and liabilities, at a particular point in time.

What are Financial Statements?

Financial statements are written records that outline a company's operations as well as its financial success. Government organizations, accounting firms, and other entities frequently audit financial statements to assure their accuracy and for reasons related to taxes, financing, or investment.

What is a balance sheet?

A balance sheet is a financial statement that lists the assets and liabilities of a corporation at a certain point in time. It is one of the three primary financial statements—the other two being the income statement and cash flow statement—that are used to assess a company's performance.

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The returns on the common stock of New Image Products are quite cyclical. In a boom economy, the stock is expected to return 32 percent in comparison to 14 percent in a normal economy and a negative 28 percent in a recessionary period. The probability of a recession is 25 percent while the probability of a boom is 10 percent. What is the standard deviation of the returns on this stock?
19.94 percent
E(r) = (0.10 0.32) + (0.65 0.14) + (0.25 -0.28) = 0.053
Var = 0.10 (0.32 - 0.053)2 + 0.65 (0.14 - 0.053)2 + 0.25 (-0.28 - 0.053)2 = 0.039771
Std dev = 0.039771 = 19.94 percent

Answers

The error margin of profits on this stock is 19.94%. Choice A is correct as a result.

What is the fundamental meaning of economy?

A community's resource allocation is ultimately determined by a collection of interrelated processes for production and consumption collectively referred to as an economy. The creation and use of services and products in its entirety satisfy the needs of those who reside there and conduct business there.

Which are some instances of economy?

The traditional economy, which uses a country's traditions and history to direct the production and sale of goods, is a well-known illustration of an economy. The main pillars of market societies are agriculture, fisheries, & hunting.

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The complete question is-

The returns on the common stock of New Image Products are quite cyclical. In a boom economy, the stock is expected to return 32 percent in comparison to 14 percent in a normal economy and a negative 28 percent in a recessionary period. The probability of a recession is 25 percent while the probability of a boom is 10 percent. What is the standard deviation of the returns on this stock?

A. 19.94 percent

B. 21.56 percent

C. 25.83 percent

D. 32.08 percent

E. 39.77 percent

social media platforms provide first impression management tools for corporations and individuals to showcase their own brands and reputations. group of answer choices true false

Answers

True social media platforms provide first impression management tools for corporations and individuals to showcase their own brands and reputations.

How does social media platforms help corporations?

It entice clients, get client opinions, and foster client loyalty. expand your market reach to include global markets. lower marketing expenses by conducting market research. By creating consumer networks and advertising, revenue can be increased.

For businesses, having a distinctive voice and connecting with customers on a personal level are more important than ever. Social media offers a simple way to build a visual brand, giving you the chance to establish an identity and a voice to communicate your business's values and interact with followers.

You can turn them into brand advocates for your company in the same manner you want to with your customers by leveraging social media for business communications and creating appealing content. As a result, your employees will feel more connected to your brand and work harder for it.

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if a competitive firm hires another full-time worker, total output will increase from 100 units to 110 units per week. suppose the market price of output is $25 per unit.what is the maximum weekly wage at which the firm would hire that additional worker?

Answers

The maximum weekly wage at which the firm would hire that additional worker is $250.

With a market price of $25 and 110-100 units produced, the additional worker gave the company 10 extra units.

Therefore, 10 * $25 = $250 is the marginal revenue product of labour.

What is marginal revenue?

The increase in revenue that comes from selling one more unit of output is known as marginal revenue. Although marginal revenue can remain constant at a certain level of output, it will eventually start to decline as the output level rises due to the law of diminishing returns.

Is marginal profit the same as marginal revenue?

The additional expense or profit made when producing the following unit is referred to as marginal. While marginal cost is the additional cost for producing one extra unit, marginal product is the additional income earned. The difference between marginal cost and marginal product is known as marginal profit.

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According to the evolution of HR work, the administrative work of HR personnel, such as the terms and conditions of work, delivery of HR services, and regulatory compliance were the focus of which of the following? Wave 3 Wave 4 Wave 1
Waves 5

Answers

The wave that focuses on the terms and conditions of work within HR work is Wave 1 that is option C is correct.

The Human Resource management is an important aspect within any organization as it is the HR team that looks at the overall management process of the organization from hiring to terminating processes. The evolution of Human resources management has taken place in four waves namely Wave 1 or HR administration, Wave 2 or HR practices. Wave 3 or HR strategy and Wave 4 or HR outside in. These four waves within the HR management has led to development of the stream in all perspectives. The first wave consists about the description of all the administrative works of the HR executive. It also tells about the working hours, salary, working conditions, etc.

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adam owes $125,000 on his home. it's currently worth $340,000. how much equity does adam have in his home?

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Adam owes $125,000 on his home. It's currently worth $340,000. $215,000 is the equity does Adam have in his home.

What does equity mean in financial terms?

Equity is the value that would be given back to a company's shareholders if all of the company's assets were sold off and all of its debts were settled. Another way to conceive of equity is as the amount of ownership that remains in a company or asset after all associated debts have been paid off.

What Distinguishes Cash from Equity?

Cash is a form of currency that may be utilized for transactions right now, as opposed to equity, which must wait. This could involve investing in stocks, real estate, a car, food, etc. The cash worth of an asset is its equity, which is not yet converted into a currency.

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a bank recognizes a gain upon securitizing receivables because multiple choice question. the present value of the securities sold to the investors is calculated at a lower interest rate. the book value of the receivables exceeds the proceeds received from the investors. the present value of the securities sold to the investors is less than the book value of the receivables. it treats the securitization as a collateralized borrowing.

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When receivables are packaged into securities and sold to investors, a bank gains because the current value of a securities is estimated at a lower interest rate.

Where can I keep money if I don't have a bank account?

Prepaid cards are one method of money storage. Cash can be placed onto prepaid cards. Most larg businesses corner shops, and gas stations carry one. When you do not have a bank-issued bank card or even a credit card, these cards might be a terrific method to keep cash and conduct online transactions.

Why is it called a bank?

Since Italian merchants inside the Renaissance formed agreements to borrow & lend money next to a bench, the word bank is derived from the Italian word banco, which means bench They set up the.

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what is the size of the payments that must be deposited at the beginning of each 6-month period in an account that pays 5.4%, compounded semiannually, so that the account will have a future value of $120,000 at the end of 16 years? (round your answer to the nearest cent.)

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The size of the payments that must be deposited for the conditions of the future value given above will be $22,299.

The present value of a future annuity can be calculated using the generalized formula and set of provided information, and input of the values into the formula as shown in the computation below,

Present Value = Future Value [1/(1+r)^n]

Present Value = 120,000 [1/(1+0.054)^32]

Present Value = 120000 [1/(1.054)^32]

Present Value = $22,299

Therefore, the present value of the given information will be $22,299.

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at a certain company, loan agents are paid based on the number of loans they close in a day. based on company records, the number of loans x that a randomly selected loan agent closes on a randomly selected day has the probability distribution below.x1234567p(x)0.050.100.220.300.180.120.03at the company, the daily salary of a loan agent is $150 plus $50 per loan closed. let y represent the amount of money made by a randomly selected loan agent on a randomly selected day. which of the following statements is not true?

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The rejoinder Which of the preceding propositions is not true reveals that the average daily wage exceeds $350.

What else do you mean by a loan?

A sort of obligation that a people or other entity accrues is a loan. Its lender, which is often a company, higher education institution, or the government, advances money to the borrower.

What are a loan and credit?

A credit is granted to the customer either by bank which can be used even though the consumer recognizes fit—either using the current sum loaned, a part of it, or nothing and. In comparison to a loan, which delivers the entire balance requested at once once it is issued.

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