Answer:
a). You will have a total of $186,587.66 at the end of 42 years
b). You will have total of $78,816.64 at the end of 32 years
Explanation:
a). How much you will earn after 42 years
Step 1: Determine amount earned in 42 years
The total amount earned can be expressed as;
A=P(1+r)^n
where;
A=total amount earned
P=Initial investment amount
r=Annual interest rate
n=number of years of investment
In our case;
P=$5,000
r=9%=9/100=0.09
n=42 years
replacing;
A=5,000(1+0.09)^42
A=5,000(1.09)^42
A=186,587.66
You will have a total of $186,587.66 at the end of 42 years
b). Amount after 32 years
where;
P=5,000
r=9%=9/100=0.09
n=32 years
replacing;
A=5,000(1+0.09)^32
A=5,000(1.09)^32
A=78,816.64
You will have total of $78,816.64 at the end of 32 years
Answer and explanation:
A Sole Proprietorship is a type of business with a single owner who pays income tax over the revenues. The reason why they are more common compared to Corporations relies on the fact that a Sole Proprietorship is less regulated by the government so it can be opened and dissolved easier.
Answer:
48%
Explanation:
Net sales of $80,000
A 2% loss
Gross margin was 46%
Profit Loss = 2% - $80,000
= 0.02 * $80,000
= $1,600
Gross margin = 46% * Profit loss
= 0.46 * $80,000
= $36,800
Net Profit = Gross Margin - Operating Expenses
-$1,600 = $36,800 - Operating Expenses
Operating Expenses = $36,800 + $1,600
Operating Expenses = $38,400
Operating Expenses % = Operating expenses / Net sales
Operating Expenses % = $38,400 / $80,000
Operating Expenses % = 0.48
Operating Expenses % = 48%
Answer:
Short Interest and the Advance/Decline line
Explanation:
The Short Interest and the advance/descent line, also known as the AD line, is an indicator of market amplitude that gives the same weight to all the values of an index or market. The advance/descent line, also known as the AD line, is an indicator of market breadth that gives the same weight to all the values of an index or market.
The advance / descent line is an indicator of market breadth because it informs us of the general market movement. Similarly, when we say that it gives the same weight to all stock index values, we are saying that for the forward / down line all values are equally important.
What really interests this indicator, being of market breadth, is to see if the price movement is accompanied by the movement of the indicator.
