subject
Business, 30.03.2020 01:08 hela9astrid

You would like to purchase a home in 3 years and need to have $40,000 as a down payment on that home. You can earn 4% on your money and need to know how much money you need to set aside every year to get that amount at the end of 3 years. (Remember, because a dollar today is worth more than a dollar in the future, it is not the same as dividing $40,000 by 3). So, you will use the calculator to figure out what payment is needed. (Include your answer for N, I/Y, PV, PMT, and FV. Do not use "%" for I/Y. Place a "0" in any item that is N/A. Round to 2 decimal places

ansver
Answers: 1

Another question on Business

question
Business, 22.06.2019 17:40
Turrubiates corporation makes a product that uses a material with the following standards standard quantity 8.0 liters per unit standard price $2.50 per liter standard cost $20.00 per unit the company budgeted for production of 3,800 units in april, but actual production was 3,900 units. the company used 32,000 liters of direct material to produce this output. the company purchased 20,100 liters of the direct material at $2.6 per liter. the direct materials purchases variance is computed when the materials are purchased. the materials quantity variance for april is:
Answers: 1
question
Business, 23.06.2019 02:10
Ben is the owner of a small organization with a few employees. he plans to have a data warehouse for the limited number of users in his organization. which data warehouse is most suited for ben's organization? o a. lan-based o b. stationary o c. distributed od. virtual
Answers: 2
question
Business, 23.06.2019 02:40
Telecom co. enters into a two-year contract with a customer to provide wireless service (voice and data) for $40 per month. to induce customers, telecom co. provides a free phone. telecom co. normally sells the phone on a stand-alone basis for $200. telecom co. also charges the customer a one-time activation fee of $35.which of the following is true? a) there are two distinct performance obligations: the voice service and the data service b) the free phone constitutes as a marketing expense c) the activation fee is a separate performance obligationd) there are two distinct performance obligations: the wireless services and the phone
Answers: 2
question
Business, 23.06.2019 06:00
Legal requirements, suppliers and distributors, competitors, and market profiles are contained in the element of your business plan. a. introduction b. operating plant c. industry d. business information
Answers: 1
You know the right answer?
You would like to purchase a home in 3 years and need to have $40,000 as a down payment on that home...
Questions
question
English, 19.04.2021 14:00
question
Biology, 19.04.2021 14:00
question
Biology, 19.04.2021 14:00
Questions on the website: 13722362