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1 year ago

If you invest $100 at 10 percent compounded annually, how much money will you have at the end of 3 years?

Business

1 answer:

fiasKO [112]1 year ago

4 0

The amount I would have at the end of 3 years is $133.10.

<h3>How much would I have at the end of the 3 years?</h3>

When an amount is compounded annually, both the amount invested and the interest accrued increase in value one a year.

The formula for calculating future value:

FV = P (1 + r)^n

FV = Future value
P = Present value
R = interest rate
N = number of years

$100 x (1.1^3) = $133.10

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1 year ago

What happens if money needs to be transferred from one agency to another and the legislature is not in session to authorize this

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Answer:

The legislature budget board and the governor are authorize to transfer money from one agency to other.

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Money needs to be transferred from 1 agency to other when legislature is not in session:

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2 years ago

Refer to the financial statements of Flathead Lake Manufacturing Company. The firm's cash flow from operating activities for 201

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The firm's cash flow from operating activities for 2012 was D. $618000.

<h3>What Is the Definition of Cash Flow From Operating Activities (CFO)?</h3>

The cash flow from operating activities formula shows you whether or not your core business activities are successful. If your company generates a positive cash flow from operations, you may be able to fund expansion projects, launch new products, pay dividends, reduce debt, and so on.

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Flathead Lake Manufacturing Company has the following in it's financial statement:

Operating Income = $500000 Depreciation = $140000

Taxes = $50000

Change in Working Capital = $28000

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