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
vredina [299]
2 years ago
9

You just opened a brokerage account, depositing $2,000. You expect the account to earn an interest rate of 8.84%. You also plan

on depositing $2,000 at the end of years 5 through 10. What will be the value of the account at the end of 20 years, assuming you earn your expected rate of return
Business
1 answer:
Musya8 [376]2 years ago
4 0

Based on the expected rate of return and the amount to be deposited over the 20 years, the value of the account would be<u> $45,844.</u>

<h3>What would the account be worth in 20 years?</h3>

This can be found as:

= Future value of deposits from 5 through 10 years at 20 years + Future value of today's deposit in 20 years

Solving gives:

= ((2,000 x ( ( 1 + 0.084)⁶- 1 ) / 0.084) x (1 + 0.084)¹⁰) + (2,000 x 1.084²⁰)

= (14,986.05 x 1.084¹⁰) + (2,000 x 1.084²⁰)

= $45,844

Find out more on future value at brainly.com/question/14761171.

#SPJ1

You might be interested in
Dake Corporation's relevant range of activity is 3,200 units to 8,000 units. When it produces and sells 5,600 units, its average
castortr0y [4]

Answer:

the direct manufacturing cost is $46,230

Explanation:

The computation of the direct manufacturing cost is given below;

= (direct material per unit + direct labor per unit) × number of units produced

= ($6.55 + $3.50) × 4,600 units

= $46,230

hence, the direct manufacturing cost is $46,230

This is the answer but the same is not provided in the given options

The same should be considered

8 0
3 years ago
Cynthia works at an engineering firm in Arizona that installs transmission lines and works with the electrical systems of buildi
mrs_skeptik [129]

Answer:

business market

Explanation:

Based on the information provided within the question Cynthia's organization targets the business market. This is defined as the market in which a product/service is sold to another business/company/entity and they either use daily, resell or use for production. Which in this scenario Cynthia is an engineer installing electrical systems which her clients will use for daily usage.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

6 0
3 years ago
A US Multi National Corporation has a contract for a relatively predictable long-term inflow of Japanese yen. The firm decides t
nika2105 [10]

Answer: a natural hedge

Explanation:

Natural hedge is simply a strategy that is used by a company in order to reduce risk and this is done through the investment in the assets that their performance is not positively correlated.

Such companies typically makes revenue in the currency of another country. Since the firm decides to hedge the yen exposure by finding a supplier in Japan and paying for these imports in yen, this hedging strategy is known as natural hedge.

6 0
3 years ago
The new Fore and Aft Marina is to be located on the Ohio River near Madison, Indiana. Assume that Fore and Aft decides to build
Nataly [62]

Po = 0.5385, Lq = 0.0593 boats, Wq = 0.5930 minutes, W = 6.5930 minutes.

<u>Explanation:</u>

The problem is that of Multiple-server Queuing Model.

Number of servers, M = 2.

Arrival rate, \lambda= 6 boats per hour.

Service rate, \mu= 10 boats per hour.

Probability of zero boats in the system,\mathrm{PO}=1 /\{[(1 / 0 !) \times(6 / 10) 0+(1 / 1 !) \times(6 / 10) 1]+[(6 / 10) 2 /(2 ! \times(1-(6 /(2 \times 10)))]\} = 0.5385

<u>Average number of boats waiting in line for service:</u>

Lq =[\lambda.\mu.( \lambda / \mu )M / {(M – 1)! (M. \mu – \lambda )2}] x P0

= [\{6 \times 10 \times(6 / 10) 2\} /\{(2-1) ! \times((2 \times 10)-6) 2\}] \times 0.5385 = 0.0593 boats.

The average time a boat will spend waiting for service, Wq  =  0.0593 divide by 6 = 0.009883 hours = 0.5930 minutes.

The average time a boat will spend at the dock, W =  0.009883 plus (1 divide 10) = 0.109883 hours = 6.5930 minutes.

4 0
3 years ago
Match the jobs descriptions with the job titles
OlgaM077 [116]

1) bill adjuster

2) budget analyst

3) claims adjuster

I'm pretty sure that those are right. Hope this helps :) :) :)

3 0
3 years ago
Other questions:
  • Medicaplus, a pharmaceutical company, is finding it difficult to track and locate slow moving medicines. pharmaceutical distribu
    12·1 answer
  • The supplies account has a balance of $1,200 at the beginning of the year and was debited during the year for $2,300, representi
    6·1 answer
  • You find a certain stock that had returns of 14 percent, −11 percent, 21 percent, and 22 percent for four of the last five years
    13·1 answer
  • Managers used managerial information for all of the following except a.to analyze the performance of a company's operations b.to
    15·1 answer
  • In _____, clients pay contractors to design and construct new facilities and train personnel.
    12·1 answer
  • On December 31, 2021, Filipe Company had 300,000 shares of common stock issued and outstanding. Filipe issued a 7% stock dividen
    5·1 answer
  • Paper Clip Company sells office supplies. The following information summarizes the​ company's operating activities for the​ year
    6·1 answer
  • Wassonâs Classic Cars restores classic automobiles to showroom status. Budgeted data for the current year are as follows.
    9·1 answer
  • How To Get To London Southend Airport Taxi?
    13·1 answer
  • Yes! Assuming Economia's aggregate supply curve is upward sloping, when the aggregate demand curve shifts rightward, this will:
    8·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!