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stellarik [79]
3 years ago
15

Five years from today, you plan to invest $4,150 for 10 additional years at 7.3 percent compounded annually. How much will you h

ave in your account 15 years from today?
Business
1 answer:
just olya [345]3 years ago
6 0

Answer:

$8,395

Explanation:

You will have

$4,150 x (1 + 0.073)^10 = $8,395 at the end of 15 years from today.

You might be interested in
When Get the Glare Out needed some information about the potential market for its product, the marketing team looked to the Inte
Romashka [77]

Answer:

secondary data.

Explanation:

Market research can be defined as a strategic technique which typically involves the process of identifying, acquiring and analyzing informations about a business. It involves the use of product test, surveys, questionnaire, focus groups, interviews, etc.

Secondary market research can be defined as a method designed to determine the demographics of a particular target market.

A secondary data can be defined as any form of data that has been obtained or collected earlier by someone else through primary sources for their own purpose and made readily available for other researchers to use. Thus, a secondary data is a type of data that has been previously obtained or collected.

In this scenario, the type of information the marketing team was using is referred to as secondary data because it looked to the Internet to find industry trends and at the market for eyewear products, which uses the same technology that is used in manufacturing its self-darkening windshield.

In conclusion, a secondary data is typically reliant or based on the primary source of information and as such it isn't a first hand experience.

4 0
3 years ago
Twenty years ago, a family purchased a vacant lot for $26,500. they made no improvements during the time they owned the property
KonstantinChe [14]
To find the gross profit margin found by:
(revenue - cost of goods sold)/revenue

Revenue = $62,275
Cost of goods sold (purchase price) = $26,500

= (62,275 - 26,500)/62,275
= 35,775/62,275
= 0.57 x 100
Percentage of gross profit = 57%
3 0
3 years ago
Read 2 more answers
The Palladian government required that all imported products that came from Lovaskiya be checked by Palladian customs inspectors
Andreyy89

Answer: Admin trade policy

                   

Explanation: Administrative trade policies are governmental guidelines that are programmed almost always intentionally to limit the distribution of a particular import into a nation.Anti-dumping programs are designed to condemn dumping foreign firms. If a company is found to be dumping, government imposes countervailing duties.

In the given case, Govt. too imposes heavy scrutiny policy on imports that are supposed to demotivate the exporters from other countries. Hence from the above we can conclude that the given case depicts admin trade policy.

7 0
2 years ago
On January 1, 2016, Skyward Company purchased a copy machine. The machine costs $320,000, its estimated useful life is 8 years,
never [62]

Answer:

$60,000

Explanation:

Double declining method is a depreciation method used to expense the cost of an asset.

Depreciation expense using the double declining method = Depreciation factor × cost of asset

Deprecation factor = 2 (1/useful life) = 2(1/8) = 1/4

Depreciation expense in 2016 = 0.25 × $320,000 = $80,000

Net book value = $320,000, - $80,000 = $240,000

Deprecation expense in 2017 = 0.25 x $240,000 = $60,000

I hope my answer helps you

3 0
3 years ago
The process of continuously updating, improving, and detailing a project management plan, or parts of a project management plan,
Zina [86]

Answer:

progressive elaboration

Explanation:

progressive elaboration is an important part or step of project management plan, it is the process of continously updating, improving and detailing a project management plan, or part of it as new specific information becomes available. it is use to improve the project management plan

3 0
3 years ago
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