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Bingel [31]
2 years ago
14

If Emily makes a one-time deposit of $400 at 12% compounded quarterly for 8 years, what is the value of the investment in 8 year

s
Business
1 answer:
Scrat [10]2 years ago
6 0

The total amount accrued, principal plus interest, with compound interest on a principal of $400.00 at a rate of 12% per year compounded 4 times per year over 8 years is $1,030.03.

<h3>What is compound interest ?</h3>

Compound interest is the addition of interest to the principal sum of a loan or deposit, or interest on interest plus interest.

Compound interest is when you earn interest on both your savings and your interest earnings. Assume you invest $1,000 (your principal) and earn 5% (interest rate or earnings) once a year (the compounding frequency).

Compound interest works by adding accumulated interest to your principal (the amount you put into the savings account), which then begins earning interest. Essentially, your interest begins to earn its own interest.

To know more about compound interest follow the link:

brainly.com/question/24924853

#SPJ4

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You have set up an appointment for an in-home sales presentation with mrs. Fernandez, who expressed interest in the medicare pla
olya-2409 [2.1K]

Prior to conducting the presentation, obtain, and document having obtained her permission to visit, along with her interest in the specific products you will present.

What is a Sales Presentation?

Sales presentation is a meeting for giving the information about a product or service that you are trying to sell and persuade people to buy it.

In order to develop a winning sales presentation, one must have to plan and prepare a proper presentation which consists introduction, questioning, objectives etc.

The main objective of the sales presentation is to present your product or service in a professional manner.

Learn more about the sales presentation here:-

brainly.com/question/14803062

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3 0
2 years ago
Tally Corp. sells softwares during the recruiting seasons. During the current​ year, 12 comma 000 softwares were sold resulting
gogolik [260]

Answer:

The correct option is B $28.33 contribution margin per software

Explanation:

Contribution margin per software is calculated by deducting variable cost per unit from sales price per unit.

This implies how much each unit of software sold contributed to Tally Corp's total fixed costs of $52000 during the period.

Kindly find detailed computation in the attached spreadsheet.

Download xlsx
3 0
3 years ago
Read 2 more answers
We first knew them as the cute, loving characters on Full House, but today Mary-Kate and Ashley Olsen are not only the character
vfiekz [6]

Answer:

licencing

Explanation:

Based on the information provided within the question it can be said that this scenario is an example of the branding concept known as licencing. This term refers to an agreement to let another company to produce or market the brand or product from the original owner. In exchange for doing so the original owner receives royalty payments.

8 0
3 years ago
An agency's power to determine whether the activity of a regulated entity is acceptable or not is an example of:______.a. rate-m
Oksana_A [137]

Answer:

c. power over business practices

Explanation:

Regulatory agencies are formed to monitor and checkmate adverse activities of a certain sector of an economy.

They have various powers that can be used to control activities in a economic sector:

- Licencing power is the ability to give access to the players in a particular business sector.

- Rate making power is the ability of regulatory agency to determine price of commodities

- Power over business practices is regulatory agency's power to determine whether the activity of a regulated entity is acceptable or not.

For example if regulatory agency in communication notices the process for registering new clients is too cumbersome, they can enforce a more simple and streamlined process

8 0
3 years ago
Suppose the current exchange rate for the Polish zloty is Z 3.91. The expected exchange rate in three years is Z 3.98. What is t
vivado [14]

Answer:

1.79%

Explanation:

Calculation to determine the difference in the annual inflation rates for the United States and Poland over this period

Current exchange rate for Polish Zioty = Z 3.91/ US dollars

Expected exchange rate in 3 years for Polish Zioty = Z 3.98/ US Dollars

Now let determine the difference in the annual inflation rates

Annual inflation rates= ( 3.98– 3.91)/ 3.91 x 100

Annual inflation rates= 0.06/3.91x 100

Annual inflation rates=1.79 %

Therefore the difference in the annual inflation rates for the United States and Poland over this period is 1.79%

3 0
3 years ago
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