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forsale [732]
2 years 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]2 years 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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mars1129 [50]

Answer: Annuities

Explanation: Annuity is a financial term used for an investment which when matured gives a fixed stream of income over a specified period of time.

A. Annuity due earns more interest than an ordinary annuity of equal time

B. An annuity is a series of equal payments made at fixed intervals for a specified number of periods.

C. An annuity due is an annuity that makes a payment at the beginning of each period for a certain time period.

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4 years ago
A laryngectomy is often performed to treat dysphagia.<br><br> True<br> False
sattari [20]

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A laryngectomy is often performed to treat dysphagia.

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5 0
3 years ago
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Alexis is single and in the 22% tax bracket. For the current year, assume she claims a standard deduction of $12,000. In additio
guajiro [1.7K]

Answer:

$3,640

Explanation:

The computation of the total tax benefit derived is shown below:

But before that we have to find out the claimed tax benefit

= Standard Deduction × Tax Rate

= $12,000 × 22%

= $2,640

And, the education tax credit is $1,000

So, the total tax benefit derived is

= $2,640 + $1,000

= $3,640

Therefore the tax benefit derived is $3,640

3 0
3 years ago
A negative externality will cause a private market to produce a. less than is socially desirable. b. more than is socially desir
Masteriza [31]

<u>Answer:</u><u> O</u>ption B

<u>Explanation:</u>

Negative externality means the loss suffered by the third party because of happening of a transaction. In a trade transaction two parties are involved one is the buyer and the other is the seller. The third party of the transaction are outsiders they indirectly get affected because of the transaction.

When there is negative externality the private markets will over produce due to the cost of production increases while the profits are low. The negative externalities might be like noise or air pollution which affects the outsiders.

3 0
4 years ago
There are three firms in an economy: X, Y, and Z. Firm X buys $200 worth of goods from firm Y and $300 worth goods from firm Z;
Tomtit [17]

Answer: $2,775

Explanation:

Total Value of goods sold by X:

= X sells to Y + X sells to Z

= $150 + $75

= $225

Total Value of goods sold by Y:

= Y sells to X + Y sells to Z

= $200 + $50

= $250

Total Value of goods sold by Z:

= Z sells to X + Z sells to Y

= $300 + $250

= $550

Value of goods produced by X = units of output × cost per unit

                                                    = 250 units ×  $4

                                                    = $1,000

Value of goods produced by Y = units of output × cost per unit

                                                    = 300 units ×  $6

                                                    = $1,800

Value of goods produced by Z = units of output × cost per unit

                                                    = 500 units ×  $2

                                                    = $1,000

GDP using the value added approach:

= [Goods produced by X - VA by X] + [Goods produced by Y - VA by Y] + [Goods produced by Z - VA by Z]

= [$1,000 - $225] + [$1,800 - $250] + [$1,000 - $550]

= $775 + $1,550 + $450

= $2,775

6 0
3 years ago
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