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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

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Which organization does not provide free or loss cost training and counseling associated with the Small Business Association
xeze [42]

The organization that does not provide free or loss cost training and counseling associated with the Small Business Association is IBRD.

<h3>What is Small Business Association?</h3>

A Small Business Association are agencies that provides resources (like capital, skill, advice) to small businesses for innovation, growth etc

SCORE, VBOC and WBC are all agencies that provide free mentoring services, free training, loss-cost training, counseling etc

Hence, the organization that does not provide free or loss cost training and counseling associated with the Small Business Association is IBRD

Therefore, the Option A is correct.

Read more about Small Business Association

<em>brainly.com/question/2072884</em>

6 0
3 years ago
Theresa spends 2 hours working instead of watching tv with her friends. The opportunity cost to her of working is.
Mazyrski [523]

Theresa spends 2 hours running rather than watching tv with her friends. The opportunity cost to her of running is: the profits earned running per hour

The definition of an opportunity is a positive state of affairs for an effective outcome. An instance of an opportunity is a lunch meeting with a probable organization.

This opportunity will let you observe positive paths which lead toward reaching your desires and goals. If we want what is first-rate for our careers then taking an opportunity is important. possibilities assists individuals to expand work-associated capabilities allowing them to achieve efficient paintings inside our community. each community-based totally and facility-based totally talent improvement, employment, and schooling options are available. Possibilities are first-rate motivators because they promote innovation, dedication, and power. Even in industries with which an entrepreneur is surprised, particular opportunities for fulfillment are what makes enterprise exciting. entrepreneurs and commercial enterprise-owners alike ought to look for extra possibilities.

Learn more about opportunities here:brainly.com/question/1888324

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3 0
1 year ago
On January 1, a company issued 6%, 10-year bonds with a face amount of $60 million for $55,736,520 to yield 7%. Interest is paid
Olegator [25]

Answer:

Effective interest on June 30 on a 6% $60 million bond at 7% effective rate is $1,950,778

The interest is treated in the books of account thus:

Debit interest expense     $1,950,778

Credit Bond account                               $1,950,778  

Explanation:

The effective interest is computed using the below formula

Amount x Effective Rate (%) = Interest Expense

Amount=$55,736,520

Effective rate =7%/2 =3.5% semi-annually

Interest expense=$55,736,520*3.5%

Interest expense=$1,950,778

6 0
3 years ago
Reliance Corporation sold 4,500 units of its product at a price of $20 per unit. Total variable cost per unit is $11.00, consist
BaLLatris [955]

Answer:

$40,500

Explanation:

A Companies Contribution Margin is a product's price minus all associated variable costs, this final value gives the products incremental profit earned for each unit sold. Therefore in this scenario, the Contribution Margin for the company is as follows

(4,500 * $20) - (4,500 * $11)

$90,000 - $49,500

$40,500

Therefore the final Contribution Margin for the company is $40,500 dollars.

8 0
3 years ago
What is your account balance after one year if you deposited 2000.00 earning 4% interest, compounded annually
il63 [147K]
Answers: i*r*t = 2000*1*4%=80
2000+80=
$2080.00
5 0
3 years ago
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