kylah enterprises signs a 3-month, noninterest-bearing note with a stated rate of 13.5% and a maturity value of $215,000? what is the cash proceeds available to the borrower?

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Answer 1

The cash proceeds available to the borrower is $207,540.61

The amount of cash that the borrower receives from a non-interest-bearing note will be less than the face value of the note because the borrower will not receive any interest on the note.

The cash proceeds available to the borrower is the amount of cash that the borrower receives from the note. This amount will be less than the face value of the note because the borrower will not receive any interest on the note.

kylah enterprises signed a 3-month, noninterest-bearing note with a stated rate of 13.5% and a maturity value of $215,000.

[tex]Cash proceeds = Maturity value / (1 + (stated rate x time))\\Maturity value = $215,000\\Stated rate = 13.5%Time = 3 months\\Cash proceeds = $215,000 / (1 + (0.135 x 0.25))\\ $215,000 / 1.03375= $207,540.61\\[/tex]

[tex]Time = 3 months\\Cash proceeds = $215,000 / (1 + (0.135 x 0.25))\\$215,000 / 1.03375= $207,540.61\\[/tex]

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Related Questions

If Michaels’ Landscaping has total revenues for the year of $27,000 and total expenses of were $30,000 the entry to close Income Summary would be

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Based on the information given, we can see that Michaels’ Landscaping has a net loss for the year, as its total expenses of $30,000 exceed its total revenues of $27,000.

To close Income Summary, we need to transfer the net loss to the Retained Earnings account. Since the net loss reduces Retained Earnings, we need to debit Retained Earnings and credit Income Summary.

The entry to close Income Summary for Michaels’ Landscaping would be:

Debit: Retained Earnings for $3,000

Credit: Income Summary for $3,000

This entry would decrease the Retained Earnings account by $3,000 and zero out the Income Summary account, effectively closing it out for the year.

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true or false: accounts receivable not expected to be collected should be counted in the assets of the company until they are later written off. true false question. true false

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The given statement "accounts receivable not expected to be collected should be counted in the assets of the company until they are later written off. " is false because it  is essential for investors and creditors to make informed decisions about the financial health of a company.

Accounts receivable is a type of asset that represents the amount of money owed to a company by its customers or clients.

When a company extends credit to a customer, it creates an account receivable. However, sometimes customers are unable or unwilling to pay their debts. In these cases, the company may need to write off the accounts receivable as uncollectible.

Now, the question is whether or not accounts receivable not expected to be collected should be counted in the company's assets. The answer is no.

If the company were to continue to count uncollectible accounts receivable as assets, it would give a false impression of the company's financial position.

It would appear as though the company has more assets than it actually does, which could lead to inaccurate financial reporting and potentially harm the company's reputation with investors and creditors.

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Hi! can you make me an impact in the transportation if there is a deep freeze and can you make a conclusion. For example the deep freeze in Edmonton, Canada. Thank you!

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A deep freeze in a city like Edmonton, Canada can have a significant impact on transportation. Here are some potential impacts: Road conditions, Public transit and Supply chain

Impact of deep freeze on Transportation

Road conditions: Deep freezes can make roads slippery and hazardous, making it difficult for vehicles to travel safely. This can lead to an increase in accidents, traffic congestion, and delays.

Public transit: Public transit systems can also be affected by deep freezes, with buses and trains experiencing mechanical issues, delays, and cancellations. This can disrupt people's ability to get to work or school on time, or even prevent them from traveling altogether.

Air travel: Extreme cold can also impact air travel, with flights potentially being delayed or canceled due to issues with equipment or runway conditions.

Supply chain: Deep freezes can also impact the transportation of goods, with trucks and other vehicles facing challenges in delivering goods to stores and other locations. This can lead to shortages of essential goods or increased prices for consumers.

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Which of the following supply reduction strategies is a police officer deploying when he or she arrests low-level drug dealers and offers them leniency in return for information about higher-level drug dealers?
O trading upO clearance rateO primary activitiesO making arrests

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The strategy of trading up is a supply reduction strategy deployed by police officers when they arrest low-level drug dealers and offer them leniency in return for information about higher-level drug dealers.

This strategy is meant to help police officers disrupt the supply chain of drugs and target the higher-level dealers who are responsible for the larger scale distribution of illegal drugs.

It is also meant to help police officers identify and prosecute the drug dealers at the top of the supply chain. By targeting the low-level dealers, the police can use the information they receive to identify and arrest the higher-level dealers, thus reducing the availability of drugs in the community.

This strategy is effective because it allows police officers to target the source of the drugs rather than just the street-level drug dealers. In this way, they can reduce the overall supply of drugs in the community and make it more difficult for drug dealers to operate.

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all points on the boundary of a budget constraint reflect the same level of utility for a consumer. group of answer choices true false

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All points on the boundary of a budget constraint reflect the same level of utility for a consumer is: False, because the budget constraint do not reflect the same level of utility for a consumer

Budget constraints indicate the different combinations of two goods that a consumer can purchase for a given income and price. It helps to evaluate the cost of goods versus income. A budget constraint is a line that represents the maximum number of combinations of the two products that a consumer can purchase with a fixed amount of money.

The different points on the budget constraint reflect different levels of utility. In other words, the budget constraint demonstrates the limit to which consumers can enjoy their preferences due to the limited availability of resources.

All the points on the budget constraint show different utility levels that consumers get when they choose different combinations of goods. The line on the budget constraint is called the marginal rate of substitution (MRS). MRS denotes the rate at which consumers are willing to trade one good for another to remain at the same level of utility.

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complete question:

All points on the boundary of a budget constraint reflect the same level of utility for a consumer

True or false

if interest rates consistently rise over a specific period, the market price of a bond you own would likely over this period. (assume no major change in the bond's credit risk.) a. consistently increase b. consistently decrease c. remain unchanged d. change in a direction that cannot be determined with these choices information

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If interest rates consistently rise over a specific period, the market price of a bond holder would likely b) consistently decrease over this period.

When interest rates rise, the bondholders want the new bonds to pay higher rates than the old bonds in order to attract investors. As a result, as interest rates increase, the market price of older bonds falls, which makes them less attractive and competitive against the new bonds that provide higher yields.

As a result, as interest rates increase, the market price of older bonds falls, which makes them less attractive and competitive against the new bonds that provide higher yields. As a result, if the interest rates remain constant or rise, the value of older bonds decreases as the market adjusts to the current interest rate.

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n order for the economy to be strong, individuals must _____. a. produce goods and pay workers b. provide labor and pay workers c. produce goods and buy goods d. provide labor and buy goods Please select the best answer from the choices provided A B C D

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The answer is D) provide labor and buy goods

goya's strategy of appealing to the hispanic market (both older and younger generations), as well as the mainstream u.s. population with a variety of products/product lines, can best be described as:

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Goya's strategy of appealing to both the Hispanic market (both older and younger generations) as well as the mainstream U.S. population with a variety of products and product lines can best be described as segmentation marketing.

Segmentation marketing is the practice of dividing a market into distinct customer segments based on differentiating factors such as demographic, geographical, or psychographic characteristics, and then creating tailored marketing programs for each segment.

Goya has done an excellent job of segmenting its target market in order to maximize its reach. They have used a combination of traditional and digital marketing strategies to appeal to both the Hispanic and mainstream U.S. populations.

For the Hispanic market, Goya has leveraged local events and grassroots marketing campaigns to connect with their core audience. For the mainstream U.S. population, Goya has used television and radio ads, as well as print and online media, to make their products more visible.

Additionally, Goya has also segmented its product lines to appeal to both the Hispanic and mainstream U.S. populations. For the Hispanic market, Goya has used traditional Hispanic flavors and ingredients in their product lines, while for the mainstream U.S. population, Goya has introduced more “western” flavors and ingredients.

In summary, by leveraging traditional and digital marketing strategies and segmenting their product lines, Goya has been able to effectively reach both customer segments while still maintaining its core values.

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an external firm that specializes in the creation, production, and/or placement of a marketing communications message is known as a(n) .

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An external firm that specializes in the creation, production, and/or placement of a marketing communications message is known as an advertising agency.

What is an advertising agency?

Advertising agencies are organizations that provide a range of marketing communication and advertising services to their clients. The job of an advertising agency is to help companies promote their products or services in the most effective and cost-effective way possible. An advertising agency can assist a company in defining a brand strategy, developing creative concepts and messages, producing ads and other promotional materials, and executing campaigns that meet the company's goals and objectives. They provide a full range of services, including creative development, media buying and planning, research, public relations, sales promotion, and other related services.

Advertising agencies frequently take on a significant role in helping clients achieve their marketing goals. They serve as an intermediary between the client and the media, creating and placing advertisements on behalf of the client. This entails a variety of tasks, such as determining the target audience, selecting the appropriate media to use, developing the creative content, and monitoring and measuring the campaign's effectiveness.

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in 1976, the cost of a movie was $4. in 2012, it's $9. if the cpi for 1976 is 56, and 228 for 2012, then we could say the cost of a 1976 movie in 2012 would be:

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The cost of a 1976 movie in 2012 would be $16.29, indicating that "the cost of movies has not increased as much as general inflation." Thus, option A is correct.

This is because we can calculate the inflation-adjusted price of a 1976 movie in 2012 using the CPI ratios for the two years. We first divide the 2012 CPI by the 1976 CPI to get the inflation multiplier, which is 4.07. We then multiply the original cost of $4 by the inflation multiplier to get the inflation-adjusted price of $16.28, which is rounded up to $16.29.

This suggests that while the cost of movies has increased over time, it has not kept up with the general inflation rate, which has more than quadrupled over the same period.

The formula for calculating inflation adjustment is:

Adjusted Cost = Original Cost x (Current CPI/Base CPI).

In this case:

the Adjusted Cost = $4 x (228/56) = $16.29.

This shows that the cost of movies has not increased as much as general inflation over this period.

This question should be provided with the answer choices:

a. $16.29, so the cost of movies has not increased as much as general inflation.b. $16.29, so the cost of movies is relatively more in 2012 than it was in 1976.c. $2.21, so the cost of movies has not increased as much as general inflation.d. $2.21, so the cost of movies is relatively more in 2012 than it was in 1976.

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a business philosophy and set of strategies, programs, and systems that focuses upon identifying and building loyalty with a retailer's most valued customers is called

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A business philosophy and set of strategies, programs, and systems that focuses upon identifying and building loyalty with a retailer's most valued customers is called is Customer Relationship Management (CRM).

Customer Relationship Management (CRM) is a process that enables a business to maximize its customer base and increase customer satisfaction. Customer Relationship Management is a technique for tracking and managing a company's communication with current and potential customers. CRM is a tool that helps a company to collect customer data and track their interactions with the company.

CRM helps retailer to fulfill their customers' demands and preferences as they are in direct contact with the customers and can utilize this opportunity to establish innovation strategies and program.

With the data collected by CRM, businesses can develop strategies to improve customer satisfaction and increase customer loyalty. Therefore, the answer to this question is CRM or Customer Relationship Management.

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coolers incorporated, a house appliances manufacturer, has upgraded its technology by making all its appliances work on voice sensors instead of remote controls or manual operations. though the technology is new, coolers has decided to introduce the product in the market at the same rates as its earlier technology so that its usual customers can purchase these products. this project is a(n) blank for coolers incorporated.

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Coolers Incorporated's decision to introduce their new technology with the same prices as their earlier products is an example of product differentiation.

Product differentiation is when a company sets itself apart from other companies in the same industry by offering unique products and services.

Product differentiation helps companies attract more customers and maintain the loyalty of their existing customers. In the case of Coolers Incorporated, by introducing their voice-sensor technology at the same rates as their earlier products, they are differentiating their product offering and creating a competitive edge in the market.

Product differentiation is an effective marketing strategy as it helps companies increase their market share, generate more sales, and build customer loyalty.

Coolers Incorporated's decision to introduce their voice-sensor technology at the same rates as their earlier products is an example of product differentiation and is a smart business move.

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below is a production possibility frontier (ppf) showing the tradeoff a nation faces between economic output and environmental protection. at what choice is a nation choosing the highest level of economic output with little environmental protection?

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Below is a Production Possibility Frontier (PPF) showing the tradeoff a nation faces between economic output and environmental protection. At what choice is a nation choosing the highest level of economic output with little environmental protection?The point on the Production Possibility Frontier (PPF) at which a nation is choosing the highest level of economic output with little environmental protection is D.

A production possibility frontier (PPF) is a graph that depicts the highest amount of output that can be produced for a specified set of inputs, given the existing technologies and resources. A point on the production possibility frontier (PPF) depicts the maximum output that can be produced for the combination of input that exists at that point.

When a country is attempting to select a point on the Production Possibility Frontier (PPF), it must face trade-offs between alternative choices. Choosing one alternative, such as high output, inevitably involves sacrificing another, such as environmental protection.A nation is selecting the highest level of economic output with little environmental protection at point D on the Production Possibility Frontier (PPF).

At point D, the nation is exploiting its resources, technologies, and labour inputs to produce as much output as possible with little concern for environmental protection. The more output a nation produces, the more likely it is that the environment will be degraded, and the quality of life of its people will be adversely affected.

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the quoted ask yield on a 15-year $1,000 par t-bond with a 7.5 percent semiannual payment coupon and a price quote of 98.881 is:

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The quoted ask yield on a 15-year $1,000 par T-bond with a 7.5 percent semiannual payment coupon and a price quote of 98.881 is 7.74 percent.

How to calculate the quoted ask yield?

The bond's quoted ask yield is the interest rate at which the bond's issuer will repay the bond's principal amount when the bond matures.

The formula for calculating the bond's quoted ask yield is: Quoted Ask Yield = Coupon Payment ÷ Ask Price * 2

Therefore, the bond's quoted ask yield is calculated as follows :Quoted Ask Yield = 7.5 ÷ 98.881 * 2Quoted Ask Yield = 0.0755253721 * 2Quoted Ask Yield = 0.1510507441Quoted Ask Yield = 15.10507441 percent.

However, the bond's coupon rate is 7.5 percent semiannually, and the bond is a 15-year bond. As a result, the quoted ask yield must be converted to an annual yield, which is accomplished by dividing the semiannual yield by 2. Therefore, the annual yield is calculated as follows: Annual Yield = Quoted Ask Yield ÷ 2 Annual Yield = 15.10507441 ÷ 2 Annual Yield = 7.74 percent.

Therefore, the quoted ask yield on a 15-year $1,000 par T-bond with a 7.5 percent semiannual payment coupon and a price quote of 98.881 is 7.74 percent.

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The clarity and tone of a message are improved when you use positive and courteous language.a. Unfortunately, we had a hard time completing the report; we deserve an extension.b. We still aren’t done with the report. We need an extension.c. We request a brief extension to complete the report.d. You should give us an extension on the report because we aren’t done yet.

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Using positive and courteous language enhances the clarity and tone of a message. The best revision for the given sentence is "We request a brief extension to complete the report." Thus, Option C is correct.

The revised sentence uses positive and courteous language by requesting an extension instead of demanding it. The use of the word "brief" shows consideration for the time of the person granting the extension. The sentence does not make excuses or dwell on the difficulties faced in completing the report, but rather focuses on the solution. This approach is more likely to elicit a positive response from the recipient of the message.

Using polite language also conveys respect and professionalism, which can help to establish positive relationships with colleagues and clients.

This question should be provided as:

The clarity and tone of a message are improved when you use positive and courteous language.

Choose the best revision for the following sentence.

A. Unfortunately, we had a hard time completing the report; we deserve an extension.B. We still aren't done with the report. We need an extension.C. We request a brief extension to complete the report.D. You should give us an extension on the report because we aren't done yet.

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for venture capital investors with a medium-term time horizon, how attractive is the colorado marijuana industry as an investment destination? explain your answer in detail.

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The Colorado Marijuana Industry is a highly attractive investment destination for venture capital investors with a medium-term time horizon.

The Colorado Marijuana Industry is highly profitable and has been growing at a rapid pace, offering lucrative opportunities to investors. In 2020, the Colorado marijuana industry reported a record $2.2 billion in sales.- Colorado is the first state to legalize the use of Marijuana and has been a leader in the industry. This legal status of the industry and the state government's support for the industry are highly attractive for investors.

The industry is highly regulated, ensuring proper quality control and safety standards, which is good for investors as the industry is less likely to have legal or regulatory issues.

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overall, route 13 company is less efficient at using its assets to generate sales in year 2 than in year 1. what asset is responsible for this decreased efficiency?

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Overall, Route 13 company is less efficient at using its assets to generate sales in year 2 than in year 1.

The asset that is responsible for this decreased efficiency is the total asset turnover ratio. The total asset turnover ratio is a financial ratio that is used to measure how efficient a company is at utilizing its assets to generate sales or revenue. This ratio can be computed by dividing the net sales by the average total assets of a company. Net Sales/ Average Total Assets For example, if a company has net sales of $500,000 and average total assets of $100,000, then its total asset turnover ratio would be: $500,000 / $100,000 = 5x

The total asset turnover ratio indicates how efficiently a company is using its assets to generate sales. When a company's total asset turnover ratio decreases, it means that the company is becoming less efficient at using its assets to generate sales. Therefore, the asset that is responsible for this decreased efficiency in year 2 could be the total assets themselves.In conclusion, the asset that is responsible for the decreased efficiency of Route 13 company in year 2 is the total asset turnover ratio.

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True/false: partners adjust their outside basis by adding nondeductible expenses and subtracting any tax-exempt income to avoid being double taxed.

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The statement is true becasue partners adjust their outside basis by adding nondeductible expenses and subtracting any tax-exempt income to avoid being double taxed.

Partners adjust their outside basis by adding nondeductible expenses, such as expenses that are not deductible for tax purposes, and subtracting any tax-exempt income, such as income that is exempt from federal income tax.

This is done to avoid being double taxed on these items. The outside basis is important because it is used to calculate the partner's share of partnership losses and deductions, as well as their share of partnership income and gains.

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terrence earns a $5,000 monthly salary plus a 3% commission on sales over $20,000. terrence's sales were $18,000. what is terrence's gross pay?

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The final answer are Terrence's gross pay is equal to his base salary of $5,000.

Terrence's gross pay is calculated based on his base salary and his commission on sales. His base salary is $5,000, and he is eligible to receive a commission on sales over $20,000.

Since Terrence's sales were only $18,000, he did not meet the threshold to receive a commission.

As a result, Terrence's gross pay is equal to his base salary of $5,000. This means that he will not receive any additional compensation for his sales performance, but he will still receive his base salary.

It is important for employees to understand how their compensation is calculated, including any bonuses or commissions that are based on performance.

In Terrence's case, he did not meet the sales threshold to receive a commission, but he still received his base salary.

This information can be helpful for employees to understand how their performance can impact their compensation and to set goals for improving their performance in the future.

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uses two measures of activity, flights and passengers, in the cost formulas in its budgets and performance reports. the cost formula for plane operating costs is $36,160 per month plus $2,038 per flight plus $1 per passenger. the company expected its activity in april to be 73 flights and 223 passengers, but the actual activity was 72 flights and 228 passengers. the actual cost for plane operating costs in april was $179,020. the activity variance for plane operating costs in april would be closest to:

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The activity variance for plane operating costs in April would be closest to -4,108 (unfavourable).

What's activity variance

Activity variance is the difference between the actual cost of an activity and the budgeted cost of the activity as defined by the company’s cost formula.

There are two types of activity variances:

quantity variance and price variance.

The quantity variance is the difference between the actual activity and the budgeted activity multiplied by the budgeted price. The price variance is the difference between the actual price and the budgeted price multiplied by the actual activity...

Let's use the below-given formula to calculate the activity variance.

Actual activity cost - Flexible budget activity cost

Now let's put the given values in the formula to find out the activity variance for plane operating costs in April.

Plane operating costs actual activity cost = $179,020

Plane operating costs flexible budget activity cost = $36,160 + $2,038 × 72 + $1 × 223= $184,128

Activity variance = $179,020 - $184,128 = -$5,108

Since the actual activity is less than the flexible budget activity, the activity variance is unfavorable.

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nonoverlapping regions that are used for planning, purchasing, and evaluating tv audiences and which are generally a group of counties in which stations located in a metropolitan or central area achieve the largest audience share are known as .

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Designated market areas are non-overlapping areas used for buying, planning, and analyzing TV viewers (DMAs). Stations situated in a metropolitan or central location often get the highest audience share in DMAs, which are a collection of counties.

Designated market areas are non-overlapping locations that are used for TV audience planning, buying, and evaluation (DMAs). Nielsen Media Research, a business that specializes in measuring media viewership, defines DMAs as geographic areas. These areas are often a collection of counties where television stations with a concentration of viewers tend to be found. Advertisers, TV networks, and media buyers utilize DMAs to comprehend local consumer TV viewing patterns and to develop specialized marketing and advertising campaigns. Also, TV stations employ them to ascertain their ratings and make programming choices depending on the interests of their viewers.

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statement: the pv of an annuity due (cashflows occur at the beginning of a period) for a stream of positive cashflows is always greater than the pv of an otherwise similar regular annuity (cashflows occur at the end of the period). is this statement true or false?

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The given statement "the pv of an annuity due (cashflows occur at the beginning of a period) for a stream of positive cashflows is always greater than the pv of an otherwise similar regular annuity (cashflows occur at the end of the period)" is true because the cash flows occur at the beginning of a period, which allows for an additional period of compounding interest.

An annuity due is a type of annuity in which payments are made at the beginning of each period. In contrast, regular annuities have payments made at the end of each period. Annuities can be used to determine the present value (PV) of a series of future cash flows, and the timing of those cash flows can impact the PV.

The PV of an annuity due is always greater than the PV of a similar regular annuity. This is because the payments in an annuity due occur at the beginning of each period, which means that they have more time to earn interest than the payments in a regular annuity, which occur at the end of each period. As a result, the future cash flows in an annuity due are worth more in present value terms than those in a regular annuity.

The formula for calculating the PV of an annuity due is similar to that of a regular annuity, except that a factor of (1 + r) is added to the equation. This factor takes into account the additional interest earned by the payments in an annuity due. For example, the formula for the PV of an annuity due can be expressed as:

PV = PMT x [(1 - (1 + r)^-n)/r] x (1 + r)

Where PV is the present value of the annuity, PMT is the payment per period, r is the interest rate per period, and n is the number of periods.

In summary, the statement that the PV of an annuity due for a stream of positive cash flows is always greater than the PV of an otherwise similar regular annuity is true. The timing of cash flows in an annuity can impact the present value, and payments made at the beginning of each period in an annuity due have more time to earn interest than those made at the end of each period in a regular annuity.

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which of the following is not a reason why a short position in a stock is closed out? the investor with the short position chooses to close out the position the lender of the shares issues instructions to close out the position the broker is no longer able to borrow shares from other clients the investor does not maintain margins required on his/her margin account

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The option that is not a reason why a short position in a stock is closed out is the investor with the short position chooses to close out the position.

A short position occurs when an investor borrows shares of a stock from a lender and then sells them in the open market. The investor is then obligated to buy back the shares in the future at a lower price and return them to the lender. The investor can then profit from the difference between the purchase and sell prices.

The reason why a short position is closed out is typically either because the lender issues instructions to close out the position, the broker is no longer able to borrow shares from other clients, or the investor does not maintain margins required on his/her margin account. These reasons are usually out of the control of the investor and may cause the short position to close.

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which of the following is an asset account? salaries expense accounts payable service revenue prepaid rent expense

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The asset account among the given options is prepaid rent expense.

Prepaid rent expense is a type of asset account.

What are asset accounts?

Asset accounts are those that represent tangible and intangible assets that the company has acquired and used to generate future economic benefits. In accounting, an asset account is defined as an account that records an entity's monetary value or ownership.

Any economic resource that is controlled by the organization and has a positive value can be considered an asset. Examples of asset accounts include cash, accounts receivable, inventory, prepaid expenses, property, plant, and equipment.

What is a prepaid rent expense account?

Prepaid rent expense is a type of prepaid expense account. The term "prepaid" means that the expense has already been paid but has not yet been incurred. Prepaid rent expense represents the rent amount that has been paid by the entity in advance.

It is recorded as an asset account since it is something of value to the organization that can be utilized in the future. The prepaid rent expense account is decreased when the rent expense is recognized for the period in which it is earned.

To summarize, prepaid rent expense is an asset account that records the advance payment of rent by the entity.

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how do i find total activity cost with given activity rate, activity based usage, and budgeted activity cost

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To find the total activity cost, use this equation:

Total Activity Cost = Activity Rate x Activity Based Usage + Budgeted Activity Cost.

To find the total activity cost with given activity rate, activity based usage, and budgeted activity cost, we need to multiply the activity rate with the activity based usage. Then we subtract the result from the budgeted activity cost. For example, if the activity rate is $5, the activity based usage is 10, and the budgeted activity cost is $50, then the total activity cost would be $50 - (5 * 10) = $0.

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how much would you pay to receive $100 at the end of 20 years if you can earn 12% interest on alternative investments of similar risk?

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To calculate the present value of an investment that will yield $100 at the end of 20 years with 12% interest, you can use the following formula:
PV = FV / (1 + r)^n
Where PV is the present value, FV is the future value, r is the interest rate, and n is the number of years.
Therefore, in your case, the present value would be:
PV = $100 / (1 + 12%)^20= $7.31

To get $100 at the end of 20 years if you can earn 12% interest on alternative investments of similar risk you would need to pay $7.31.

What is present value?

Present value refers to the current value of a future sum of money or stream of cash flows given a specified rate of return. It is also known as the discounted value. The present value of a future payment decreases as the rate of interest increases and decreases as the time until payment increases.

What is future value?

The future value is the value of an asset or cash at a specified time in the future. It measures the nominal future sum of money that a particular sum of money is "worth" at a specified time in the future considering the potential interest rate earned over that time period.

The future value of a present sum of money or investment depends on the interest rate or investment return over time.

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true or false: strict liability is imposed on a party regardless of whether that the behavior is negligent or intentiona

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True. Strict liability is imposed on a party regardless of whether the behavior was negligent or intentional. This means that even if the party had taken reasonable care in their actions, they could still be held liable for any damages caused.

Strict liability is typically imposed in cases involving hazardous activities, such as manufacturing products or keeping wild animals. In such cases, the plaintiff only needs to prove that the defendant engaged in the activity to hold them liable, regardless of the degree of care they took.

In order to avoid strict liability, it is important to take all reasonable measures to avoid causing harm. This means that any hazardous activities should be carried out safely, with the appropriate training and safety protocols in place. If the party has taken such steps, they may be able to avoid liability if an incident occurs.

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salespeople are, for the most part, caring, ethical professionals. group of answer choices true false

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The given statement, "Salespeople are, for the most part, caring, ethical professionals" is a subjective statement and cannot be universally applied to all salespeople. Hence, the correct answer is False. Salespeople are professionals that work towards selling goods and services to customers.

They play an important role in the economy of any country. While some salespeople may be caring and ethical, others may not be ethical in their approach. Salespeople are responsible for making sure that their products are sold to the right customers who actually need them.

If they mislead customers by providing false information or make fake promises, it can harm the reputation of the company and also lead to legal issues. Therefore, it is important for salespeople to be ethical and follow a set of moral principles while carrying out their job. However, whether all salespeople are caring and ethical cannot be stated as a universal fact, as it may vary from person to person.

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true or false: the government can raise its tax revenue by decreasing the per-unit tax on champagne.

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According to the question of the government can raise its tax revenue, the answer will be false.

What is tax revenue?

Tax revenue is money collected by governments from its citizens for the purpose of funding public services, such as education, infrastructure, healthcare, and law enforcement. It is a major source of income for governments, and it is collected in a variety of forms, including income taxes, corporate taxes, sales taxes, fees, tariffs, and excise taxes. Tax revenue enables governments to provide essential services and to address public needs while also protecting the interests of its citizens. It also helps to keep the economy stable, as the money collected from taxes is often redistributed to those in need or used to fund government projects.

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which of the following monetary crises are seen as partial causes for the great depression? which are not?contributed to great depressiondrag appropriate answer(s) hereexcessive supply of loanable funds with little demandpress space to openlack of deposit insurancepress space to opena drastic spike in the m2 money supplypress space to openmoney held outside the banking systempress space to opendid not contribute to great depressiondrag appropriate answer(s) here

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The partial causes for the great depression include: Excessive supply of loan-able funds with little demand; Lack of deposit insurance and Money held outside the banking system. The correct options are A, B and D.

The Great Depression was a severe worldwide economic downturn that lasted for most of the 1930s. During the Great Depression, there was a  significant decline in industrial production, high unemployment rates, a sharp decrease in consumer spending, and a severe contraction in international trade. The crisis was characterized by widespread poverty, homelessness, and social unrest.

Thus, the ideal selection is option:  Excessive supply of loan-able funds with little demand; Lack of deposit insurance and Money held outside the banking system.

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