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
sergiy2304 [10]
2 years ago
11

If you deposited $1,000 in a savings account that paid an annual percentage rate of 1 percent and that compounds quarterly, how

much would your balance be at the end of a year if you did not take out any funds
Business
1 answer:
WARRIOR [948]2 years ago
6 0

We will have an amount of $1,010.04 at the end of a year if you did not take out any funds.

<h3>What formula will be used to calculate the balance?</h3>

The future value formula will be used to calculate the total balance after a year.

Given that: A = $1,000, i = 1%, n = 1,  m = 4

Future value = $1,000 * (1 + 1%/4)^(1*4)

Future value = $1,000 * (1 + 0.0025)^4

Future value = $1,000 * 1.0025^4

Future value = $1,000 * 1.01003756254

Future value = $1,010.03756

Future value = $1,010.04

Therefore, we will have an amount of $1,010.04 at the end of a year if you did not take out any funds.

Read more about future value

<em>brainly.com/question/24703884</em>

#SPJ1

You might be interested in
The crossover point is that production quantity where: _________
Vanyuwa [196]

The crossover point is that production quantity where total costs for one process equal total costs for another process. Hence, option D is correct.

<h3>What is crossover point?</h3>

Financial independence is secured when investment income exceeds regular income. In financial jargon, this is known as the "cross over point."

When the production expenses for one product are the same as those for another product, there is an added benefit to selling any product because the cost is the same and the income will be higher from each unit, independent of the number of units sold.

Thus, option D is correct.

For more details about crossover point, click here:

brainly.com/question/13845784

#SPJ4

All options are missing firm the question-

a. variable costs of one process equal the variable costs of another process.

b. fixed costs of a process are equal to its variable costs.

c. total costs equal total revenues for a process.

d. total costs for one process equal total costs for another process.

e. the process no longer loses money.

4 0
2 years ago
What can give working people information about their fields, including conferences and leadership opportunities in those fields?
Semenov [28]

Answer:

a professional organization

Explanation:

A professional organization is formed to promote the growth of the profession and advance the interest of people working in that profession.

A professional organization is also known as a professional association. It facilitates communication and connection among its professionals. It supports innovations and creativity that help develop and grow the profession. Through their regular meeting, members of a profession share information on the trending issues, opportunities, and challenges affecting the profession.

8 0
3 years ago
Read 2 more answers
When a corporation sells all or substantially all of its assets to another corporation, generally,
Svetllana [295]

Answer:

a. a majority of both shareholders and directors must approve.

Explanation:

Whenever a corporation decides to dispose off all of it's assets or substantially all of it's assets to another corporation, following points are noteworthy

  • The Board of directors first have to propose a resolution regarding disposition which has to be approved
  • Secondly post approval of the said resolution, the act of "disposition" also requires approval by the corporation's shareholders.
  • Such approval must be obtained by majority of the votes cast in it's favor.

In short, disposition of all or substantially all the assets requires an approval of a majority of both shareholders and directors.

4 0
4 years ago
A monopolist will find that its marginal revenue curve Grupo de opciones de respuesta Lies below its demand curve and has the sa
alexdok [17]

Answer:

Lies below its demand curve and is steeper than its demand curve.

Explanation:

The marginal revenue curve for a monopolist lies below the demand curve because of the quantity effect. The quantity effect refers to the fact that even a monopolist must lower its price if it wants to sell a larger quantity of goods or services.

The slope of the marginal revenue curve is steeper than the demand curve because it reflects the market power of the monopolist. Instead, the marginal revenue curve for a perfectly competitive firm (with 0 market power) is horizontal or perfectly elastic.

5 0
3 years ago
comparing vendor invoices to inventory prices, obtaining lower of cost or market data and recalculating deprecation schedules re
Lerok [7]

Comparing seller invoices to stock fees, obtaining decreased price or market facts, and recalculating deprecation schedules relate to the assertion: of valuation and allocation.

Definition of assertion: the act of affirming or something this is asserted: consisting of. a: insistent and superb in asserting, keeping, or defending (as of a proper or attribute) an announcement of ownership/innocence. b : an announcement that something is the case He provided no proof to help his assertions.

An instance of someone making a declaration is a person who stands up boldly in a meeting with a factor in opposition to the presenter, despite having valid proof to guide his statement. An example of an announcement become that of ancient scientists that stated the arena changed into a flat.

An assertive sentence is a sentence that states a fact. Such sentences are easy statements. The nation asserts or declares something. they are additionally referred to as declarative sentences. Assertive sentences typically give up with a length or complete prevent.

Learn more about assertion here: brainly.com/question/26115325

#SPJ4

5 0
1 year ago
Other questions:
  • In the past, how have you approached problems that you received with little or inadequate instruction/guidance?
    8·2 answers
  • One impact of televising the national conventions is that ______.
    9·1 answer
  • What is land as a factor of production?
    9·1 answer
  • a newspaper, prints Clark’s picture of Lana in his newspaper as a lead to an article concerning the negligence of children. The
    14·1 answer
  • Celine has an unwavering belief in her new start-up company. She possesses intense focus and takes un-conventional risks to make
    11·1 answer
  • Bill and Fred bake cookies and pies. Bill's opportunity cost of baking 1 pie is 5 cookies. Fred's opportunity cost of baking 1 p
    9·1 answer
  • If someone stole from you ... and you stole it back ... would you technically still be stealing it ? .
    12·2 answers
  • If the effective annual yield on a bond is equal to the bondʹs coupon rate, the bond will have a market value that is
    5·1 answer
  • Which individuals helped pioneer administrative management theory?
    9·2 answers
  • Agent joh rogers is planning a formal marketing/sales event and has decided to place an adbertisment in the locla paper. what di
    13·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!