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
forsale [732]
1 year ago
9

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

To learn more about future value, please check: brainly.com/question/18760477

#SPJ1

You might be interested in
_____ helped establish an organization that was the forerunner of the American Association on Intellectual and Developmental Dis
Lynna [10]

Answer:

b. Edouard Seguin

Explanation:

Based on the information provided within the question it can be said that the individual being mentioned is Édouard Séguin. Seguin was a physiscian that was born in Nievre, France on January 20, 1812. Seguin worked on research regarding children having cognitive impairments such as intellectual and developmental disabilities.

5 0
3 years ago
Thornton Industries began construction of a warehouse on July 1, 2016. The project was completed on March 31, 2017. No new loans
igomit [66]

Answer:

THORNTON INDUSTRIES

AMOUNT OF INTEREST TO BE CAPITALIZED FOR THE YEAR ENDED DECEMBER 31, 2016 AND 2017

2016

July 1 - Dec 31    $400,000 *4.8%*6/12 =  $9,600

Sep 30 - Dec 31  $600,000*4.8%*3/12 =   $7,200

Nov 30 - Dec 31  $600,000*4.8%*1/12 =     <u>$2,400</u>

Total Interest for 2016                              <u>  $19,200</u>

2017

Jan 1 - Dec 31   $1,600,000*4.8% =             $76,800

Jan 30 - Dec 31   $540,000*4.8%*11/12 =     <u> 23,760</u>

Total interest for the year 2017                 <u>  $100,560  </u>

weightred average cost of capital =

 <u>   $2,000,000*8%   +     $8,000,000*4%</u>

      $2,000,000 + $8,000,000

= 160,000  + 320,000

        10,000,0000

=$480,000 / 10,000,000 = 0.048 = 4.8%

Explanation:

Interest to be capitalized on construction expenditure will be interest on the amount borrowed to finance such construction. the interest will be from commencement of the construction to the cessation period

6 0
3 years ago
Imagine that two goods are available to you: apples (X) and pears (Y). You like apples half as much as pears. If your fruit budg
goldenfox [79]

Answer:

the value of the MktRS (market rate of substitution) is 0

Explanation:

The computation of the market rate of substitution is shown below:

Since it is mentioned that

You like apples half as pears

So the equation would be

X = 1 ÷ 2 Y

X ÷ Y = 1 ÷ 2

Now the market rate of substitution of the price is

= $2 ÷ $4

= 1 ÷ 2

So,

= 1 ÷ 2 - 1 ÷ 2

= 0

Hence, the value of the MktRS (market rate of substitution) is 0

The same is to be considered

3 0
3 years ago
They want to make a profit of $55,498 Unit Variable costs = $11 Unit selling price is = $37 Fixed costs = $18,470 How many units
belka [17]

Answer:

2,845 units

Explanation:

To find the answer you need to consider that the profit is equal to the sales minus the costs.

Let's consider that x is the number of units sold

Sales= Price per unit*number of units sold

Sales= 37x

Variable cost= Cost per unit*number of units sold

Variable cost= 11x

Fixed cost= 18,470

55,498=37x-11x-18,470

55,498+18,470=26x

73,968=26x

x=73,968/26= 2,845

According to this, the answer is that they need to sell 2,845 units to make the desired profit.

6 0
3 years ago
George is an entrepreneur who owns a large office that has a few meeting rooms. Almost every day, he sees that there are conflic
Klio2033 [76]
D. He is trying to improve the employees speaking skills so there is less conflict
4 0
2 years ago
Other questions:
  • XYZ, Inc., has issued 11 million new shares of stock. An investment bank agrees to underwrite these shares on a best efforts bas
    10·2 answers
  • Tyler and Camille both live in Oklahoma. A new-car dealer in Oklahoma bought a new car from the manufacturer for $17,000 and sol
    10·1 answer
  • E&amp;J Auto Body Shop estimated overhead cost for the coming year will be $15,000 and 5,000 direct labor hours will be worked.
    7·1 answer
  • Straw men approaches to business ethics are used to demonstrate
    9·1 answer
  • In the long run the unemployment rate equals select one:
    5·1 answer
  • Selling inventory costing $93,000 for a selling price of $111,000 to customers on account (to be received at a later date) would
    11·1 answer
  • Eco-Thread managers were asked to look at what the company does well that would be difficult for competitors to emulate. The man
    10·1 answer
  • Amos, Inc. uses a standard cost system with the following labor standards for one unit of product: standard hours 0.2 and standa
    13·1 answer
  • Make-or-buy decisions are ones that concern the procurement of raw materials for the manufacturing process.
    5·1 answer
  • Scobie Company began 2016 with a retained earnings balance of $142,400. During an examination of its accounting records on Decem
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!