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rewona [7]
2 years ago
10

Damian invests $5,000 today in an account earning 6% per year. How much is the investment worth in 4 years?

Business
1 answer:
sp2606 [1]2 years ago
7 0

Based on the fact that Damien invested $5,000 and left it in an account that earns 6% for 4 years, the investment worth would be b. $6,312.38.

<h3>What would be the value of the investment?</h3>

The value of the investment in 4 years is considered to be its future value when looking at it from the present.

Using the rate being earned, the investment amount, and the number of years the investment will be invested, the future value formula is:

Future value = Investment x ( 1 + rate)^ number of years

Solving gives:

= 5,000 x ( 1 + 0.06) ⁴

= 5,000 x 1.06⁴

= 5,000 x 1.26247696

= $6,312.3848

= $6,312.38

In conclusion, the value of Damien's investment after a period of four years at 6% per year comes to $6,312.38.

Find out more on future value at brainly.com/question/24703884

#SPJ1

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Rouse Corporation's December 31, 2012 balance sheet showed the following: 8% preferred stock, $20 par value, cumulative, 20,000
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Answer:

See bellow

Explanation:

With regards to the above, Rouse total stockholder's equity is computed as;

= Preferred stock + common stock + paid in capital in excess of par (preferred stock and common stock) + retained earnings - Treasury stock

= $150,000 + $1,950,000 + $60,000 + $27,000,000 + $7,650,000 - $630,000

= $53,730,000

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Daniel [21]

Answer:

The statement is: False.

Explanation:

Business is one of the fields that require paperwork and reports to be transmitted seriously because of the type of information handled. <em>Inflation rates, the annual Gross Domestic Product (GDP) </em>or <em>a country's economic policy</em> are typical topics dealt in this field. For that reason, business writers <em>must be formal</em> without being afraid of using technical terminology where necessary.

5 0
3 years ago
A data analyst at a construction company is working on a report for a quickly approaching deadline. why might they choose to ana
umka2103 [35]

A data analyst at a construction company is working on a report for a quickly approaching deadline. why might they choose to analyze only historical data, the project has a very short time frame.

Data modeling continues facts regularly, offers a map of the way statistics is prepared, and makes records less difficult to apprehend. information modeling is the system of making a version that is used for organizing information factors and the way they relate to each other.

Your records are correct and fair, ensure you start with a correct illustration of the populace in the pattern acquire the data in an objective manner and ask questions about the data.

Learn more about Data analysts here:-brainly.com/question/27559190

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4 0
2 years ago
In 1999, the Federal Trade Commission allowed Exxon and Mobil to merge. At the time, Exxon and Mobil were the top two firms in t
Dahasolnce [82]

Answer:

1999 Merger of Exxon and Mobil

The reason that made the U.S. government to require Exxon and Mobil to divest themselves of so many gas stations in localized parts of the country to be willing to allow the merger to occur is:

c. To ensure competition in these regions and protect consumers from unwarranted price increases.

Explanation:

The agreement to sell so many gas stations in localized parts of the country was to forestall antitrust lawsuits.  It was also made to protect consumers from unwarranted price increases, allowing more competition in the affected areas, where ExxonMobil owed too many gas stations.

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3 years ago
Which of the following is an example of an illustrative thesis statement: Select one:
Veronika [31]

Answer:

The correct answer is letter "B": The details, extra challenges, and character commitment found in the book Ready Player One make it far more enjoyable than the movie.

Explanation:

Thesis statements summarize in one sentence the main idea of a research study or an essay. The sentence is a direct answer to a question. It must be concise, direct and easy to read so anybody can understand what the content of the following pages could explain.

Out of the options given, the letter "B" is the best since it exposes clearly why the author of the essay believes the Ready Player One book is better than the movie.

8 0
4 years ago
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