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DochEvi [55]
1 year ago
9

If you deposit $100.00 into a savings account EACH month, how much

Business
1 answer:
andrezito [222]1 year ago
5 0

Answer:

100×12=1200

1200×6%=72

1200+72=1272

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Suppose that you just paid $76,000 for a security that will make its first payment to you in 7 years from today. It will continu
iogann1982 [59]

Answer:

$5,346.98

Explanation:

Initial cash flow = 76,000

Discount rate = 5%

Suppose the C.F. in the 7th year is x which will flow till perpetuity

Present value of annual cash flow till perpetuity = Annual cash flow / Discount rate

PV at the 7th year = x/0.05

Discount factor = (1 + r)^n

Discount rate = 5%

Years   D. factor   Cash flows

0                 0            76,000

1           0.952381            -

2          0.907029           -

3          0.863838           -

4          0.822702           -

5          0.783526           -

6          0.746215            -

7           0.710681          x/0.05

So, 76000 = 0.710681 *(x/0.05)

76000 / 0.710681  = x / 0.05

x = 76000 / 0.710681 * 0.05

x = 5346.98408990813

x = 5346.98

Hence, if the interest rate is 5%, $5346.98 will be received annually from the 7th year

7 0
3 years ago
In a market there is a shortage of a good. What change would cause the market to come to an equilibrium?
Oksi-84 [34.3K]

Answer:

D) a rise in price

Explanation:

At the equilibrium point, the quantity demanded and the quantity supplied are the same. There is no excess shortage or supply in both demand and supply.

A shortage occurs when suppliers are not able to meet the market demand. Here, demand is the quantity that buyers are willing to buys at a specific price over time.  As per the law of demand, high product price causes demand to decrease while low price results in increased demand.

A shortage of a product means its demand is high. Many buyers are willing to buy the commodity at the current price.  As per the law of demand, a price increase will result in reduced demand and achieve equilibrium.

3 0
3 years ago
The rent for a one-bedroom apartment in Southern California follows the normal distribution with a mean of $2,200 per month and
andriy [413]

Answer:

The probability is 1.

Explanation:

Despite that the he distribution is positively skewed, the distribution of sample means of one-bedroom apartments  will still be a a normal distribution based on Central Limit Theorem.

Since we have

μ = mean = 2200

SD = standard deviation  = 250

n = sample size = 50

Therefore,

Standard error = SD ÷ √n

                        = 250 ÷ √50

                        = 250 ÷ 7.07106781186548

                        = 35.3553390593274  approximately 35.36

Standardize xbar to z = (xbar - μ) ÷ (SD ÷ √n)

Therefore, we have:

P(xbar > 1,950) = P(z > (1,950 - 2200) ÷ 35.36)

                        = P(z > - 250 ÷ 35.36)                      

                        = P(z > -7.07) = 1

Therefore, the probability of selecting a sample of 50 one bedroom apartments is 1 which can be said to be certain.

5 0
2 years ago
How is the market segmented? at what segment should crescent be targeting?
raketka [301]
Markets are segmented as <span>behavioral, demographic, geographic, and psychographic. The crescent should be targeting the geographic segment

Hope this helps :))</span>
6 0
3 years ago
The following are the unit costs of making and selling an item at a volume of 30,000 units per month, which represents the compa
nadezda [96]

Answer:

$7.90 per unit

Explanation:

The computation of the   minimum price on these defective units is shown below:

It is equivalent to the selling & admin variable cost per unit i.e. $7.90 per unit

oAs all the other cost would be considered as a sunk cost because the product is already generated and the fixed cost is not considered as it would remain the same whether the production is increase or not

Therefore the second option is correct

5 0
3 years ago
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