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
weqwewe [10]
2 years ago
11

On January 1, 1990, Emilio deposited $1650 into a savings account paying

Business
1 answer:
Triss [41]2 years ago
5 0

The time required to get a total amount of $3,300.00 with compounded interest on a principal of $1,650.00 at an interest rate of 6.2% per year and compounded 12 times per year is 11.209 years. hence the answer is

A. 2001

<h3>Compound Interest Calculation</h3>

(about 11 years 3 months)

First, convert R as a percent to r as a decimal

r = R/100

r = 6.2/100

r = 0.062 per year,

Then, solve the equation for t

t = ln(A/P) / n[ln(1 + r/n)]

t = ln(3,300.00/1,650.00) / ( 12 × [ln(1 + 0.062/12)] )

t = ln(3,300.00/1,650.00) / ( 12 × [ln(1 + 0.0051666666666667)] )

t = 11.209 years

Learn more about Compound Interest here:

brainly.com/question/24924853

#SPJ1

You might be interested in
A practice in which eavesdroppers drive by buildings or park outside and try to intercept wireless network traffic is referred t
REY [17]

The practice of "wardriving" involves a hacker driving around and using technology to find insecure wireless networks, possibly including ones in your house.

<h3>How could potential victims protect themselves again such an offence?</h3>

The hacker could have access to that network, obtain private information, steal identities, or carry out other nefarious deeds. Are you in danger? It partly relies on how secure your home network is. It makes sense to take precautions against wardrivers for your network, devices, and data.

Wardriving is the process of using hardware and software to find unsecured wireless networks with the goal of potentially gaining access to them. To crack passwords and decode networks, software programs are required. A mobile device like a wireless laptop, a GPS system, and a wireless network are examples of hardware.

Learn more about wardriving, here:

brainly.com/question/13697151

#SPJ1

8 0
1 year ago
After identifying the purpose of your message, you should select the most appropriate communication channel. When determining th
Varvara68 [4.7K]

For an effective communication to take place the selection of the most appropriate channel ( medium for convening information) for the intended audience is very important

Explanation:

The factors that are important in the determination of  the most appropriate channel/Medium for  communication are:

  • Urgency of the message(Importance of the message)
  • Confidentiality of the message and the medium
  • Record(The business communication needs to be recorded)
  • Cost incurred in sending the message
  • Supporting Technology
  • Distance

When determining the most effective channel for the  message,one should initially consider the importance of the message.

6 0
4 years ago
A travel agency discovers that it has been charged for payments to a print shop drawn on checks written by an unknown third part
trasher [3.6K]

Answer:

Forgery or Alteration Coverage Form.

Explanation:

The travel agency loss would be covered under Forgery or Alteration coverage form.

Under Commercial Crime insuring agreement, It insures an individual or business against the forgery or alteration of financial instruments e.g promissory notes, drafts, and checks with respect to payment of a sum of money that was made or drawn by the insured or anyone acting on his/her behalf such as next of kin.

8 0
3 years ago
Read 2 more answers
This a type of unemployment that always exists and are relatively stable over time, including seasonal, structural, and friction
Darya [45]

<u>Answer: </u>Natural unemployment

<u>Explanation:</u>

Natural unemployment always exists even in a healthy economy this is because the people keep changing their jobs and they even leave the current job in search of the new ones. Natural unemployment also includes other types of unemployment such as seasonal, structural and frictional unemployment types.

Also some people might possess skills that are not necessary in the labor market. The natural unemployment is still in the economy even when there is technological advancement, industry expansion. New labor forces enter into market every year and people search jobs for better opportunities.

6 0
3 years ago
Read 2 more answers
Select the word that best fits the definition: The way goods and services are produced, distributed, and consumed in a society.
Bumek [7]

Answer:

economy

Explanation:

The way goods and services are produced, distributed, and consumed in a society can be referred to as Economy.

I hope this helps...

4 0
3 years ago
Read 2 more answers
Other questions:
  • Assume the following information for Kingbird Corp. Accounts receivable (beginning balance) $139,000 Allowance for doubtful acco
    5·1 answer
  • How do you display integrity and moral character?
    14·1 answer
  • When sending workplace e-mails, it is important to
    10·1 answer
  • Raycom Construction needs heavy-duty equipment to install a new pipeline in northern Alaska. Raycom's engineers have been asked
    11·1 answer
  • Although Americans today may work _______ hours than their great grandparents, the GDP does not adjust for this difference..
    9·1 answer
  • In what order are college degrees earned
    14·2 answers
  • The actions that top executives should take to lead the strategy execution process include Multiple select question. rewarding e
    11·1 answer
  • On January 2, 2021, Coronado Industries issued at par $298000 of 7% convertible bonds. Each $1,000 bond is convertible into 60 s
    14·1 answer
  • Whenever significant expansionary policies are implemented and left in place for at least half a year or more, the likely result
    13·2 answers
  • storybook company provided services to several customers during the month of december. these services have not yet been paid by
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!