1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
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
Ruiz Co.’s budget includes the following credit sales for the current year: September, $165,000; October, $156,000; November, $1
Minchanka [31]

Answer:

$150,350

Explanation:

The computation of the cash collected in December is shown below:

Particulars          Sept          Oct           Nov           Dec

Sales                 $165,000      $156,000       $140,000        $177,000

Given percentage                        30%                 55%                 15%                      

December collection amount   $46,800          $77,000           $26,550

Total December collection                    $150,350

8 0
3 years ago
26. Currently, Bruner Inc.'s bonds sell for $1,250. They pay a $120 annual coupon, have a 15-year maturity, and a $1,000 par val
maksim [4K]

Answer:

2.11%

Explanation:

From the information given; we use the Excel spreadsheet to compute the  difference between this bond's YTM(Yield to maturity) and its YTC(Yield to call).

From the diagram; we will see that the

YTM(Yield to maturity) = 8.91%

YTC(Yield to call).= 6.81%

Therefore the difference between this bond's YTM and its YTC = (8.91 - 6.81)%

the difference between this bond's YTM and its YTC = 2.11%

7 0
3 years ago
Under variable costing, if a manager's bonus is tied to operating income, then increasing inventory levels compared to last year
inysia [295]

Answer: not affecting the manager's bonus

Explanation:

Under Variable costing, fixed manufacturing overhead is not charged on inventories produced or not sold for the year which means that regardless of inventory level, the relevant inventory here when it comes to calculating operating profit is the one that was sold.

The manager's bonus will therefore not change as a result of higher inventory levels. Were this absorption costing where fixed overhead was charged to inventory that was not sold, the manager's bonus would increase because the higher inventory level would absorb more of the cost.

7 0
3 years ago
All of the following will help you safely cool foods EXCEPT:
Tpy6a [65]

Answer: C

Explanation: PLATO USERS ONLY

7 0
3 years ago
Hill Co. can further process Product O to produce Product P. Product O is currently selling for $60 per pound and costs $42 per
NARA [144]

Answer:

(A) True

Explanation:

Differential cost is the difference between the cost to produce Product O and produce Product P; in this case it’s the additional cost of $13 per pound to produce

So the statement “The differential cost of producing Product P is $13 per pound” is true

6 0
3 years ago
Other questions:
  • country cupboard purchased inventory for 5500 and also paid a 360 freight bill. Country cupboard returned 45% of the goods to th
    5·1 answer
  • To create the best design concept for your client, it is generally best to only consider the culture in which the interior desig
    13·1 answer
  • Coca-Cola spent $102 million through The Coca-Cola Campaign focusing on water stewardship, healthy and active lifestyles, commun
    8·1 answer
  • On May 1, 2021, Concord Corporation declared and issued a 10% common stock dividend. Prior to this dividend, Concord had 207000
    5·1 answer
  • 3. Why does the infant mortality rate relate to a country's level of development?
    6·2 answers
  • What is the step by step process of making money in the united states?
    14·1 answer
  • .Academic studies suggest that the amount people tip at restaurants is only slightly related to the quality of service, and that
    13·1 answer
  • Fractional reserve lending"" what does this mean.
    7·1 answer
  • Rural to urban migration is common but keeping a foothold in one’s rural residence is known as:______.
    9·1 answer
  • in an international setting, day-to-day decisions about labor relations are usually handled by each foreign subsidiary
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!