Business, 16.12.2020 16:50 omgits14

Your grandfather advised you to invest $10,000 in a CD because that is how he saved his money back in the 70's and 80's. You do some research and find that the best CD rate has an annual rate of return of 0.7%. According to another internet search, inflation is projected to be at 2.2% over the next two years. What will be the real future value of the investment (using the real interest rate) at the end of the 2-year deposit term

Answers: 3

Show answers

Another question on Business

Business, 21.06.2019 17:10

Acompany's income statement showed the following: net income, $145,000 and depreciation expense, $36,300. an examination of the company's current assets and current liabilities showed the following changes as a result of operating activities: accounts receivable decreased $11,500; merchandise inventory increased $22,200; and accounts payable increased $5,500. calculate the net cash provided or used by operating activities. $209,500 $139,000 $176,100 $186,500 $142,100

Answers: 2

Answer

Business, 22.06.2019 02:00

Greater concern for innovation and quality has shifted the job trend to using more broadly defined jobs. t/f

Answers: 1

Answer

Business, 22.06.2019 03:10

Transactions that affect earnings do not necessarily affect cash. identify the effect, if any, that each of the following transactions would have upon cash and net income. the first transaction has been completed as an example. (if an amount reduces the account balance then enter with negative sign preceding the number e.g. -15,000 or parentheses e.g. (15, cash net income (a) purchased $120 of supplies for cash. –$120 $0 (b) recorded an adjustment to record use of $35 of the above supplies. (c) made sales of $1,370, all on account. (d) received $700 from customers in payment of their accounts. (e) purchased equipment for cash, $2,450. (f) recorded depreciation of building for period used, $740. click if you would like to show work for this question: open show work

Answers: 3

Answer

Business, 22.06.2019 10:30

The card shoppe needs to maintain 21 percent of its sales in net working capital. currently, the store is considering a four-year project that will increase sales from its current level of $349,000 to $408,000 the first year and to $414,000 a year for the following three years of the project. what amount should be included in the project analysis for net working capital in year 4 of the project?

Answers: 3

Answer

You know the right answer?

Your grandfather advised you to invest $10,000 in a CD because that is how he saved his money back i...

Questions