All categories

1 year ago

What would be the yearly earnings for a person with 9000 in savings at an annual interest rate of 1.5 percent?

1 answer:

3 0

What would be the yearly earnings for a person with 9000 in savings at an annual interest rate of 1.5 percent is: $135

<h3>Yearly earnings </h3>

Using this formula

Yearly earnings =Savings×Annual interest rate

Where:

Savings=9,000

Annual interest rate=1.5%

Let plug in the formula

Yearly earnings=9,000×1.5%

Yearly earnings =$135

Therefore what would be the yearly earnings for a person with 9000 in savings at an annual interest rate of 1.5 percent is: $135

Learn more about Yearly earnings here:brainly.com/question/26215194

#SPJ1

You might be interested in

What are the solution to unknown gunmen problem

geniusboy [140]

Answer:

the military is the solution

6 0

3 years ago

The following situations refer only to the preceding data; there is no connectionbetween the situations. Unless stated otherwise

jek_recluse [69]

Answer:

If prices are cut by $0.2 then the operating income will increase by $91,200.

Explanation:

Current Gross Profit is :

Revenue [240,000 * $6] = $1,440,000

Cost of Sales = $1,416,000

Gross Profit = $24,000

If selling price is reduced to $5.80

Revenue $5.80 * [ 240,000 * 1.10 % ] = $1,531,200

Cost of Sales $1,416,000

Gross Profit = $115,200

6 0

3 years ago

You have taken out a $350,000, 3/1 ARM. The initial rate of 6.0% (annual) is locked in for 3 years. Calculate the outstanding ba

Vilka [71]

Answer:

Explanation:

The Monthly Payment = Loan Amount / PVAF (360,0.50%)

The Monthly Payment = 350000 / 166.7916

The Monthly Payment = $2098.43

Loan Balance after 3 years = PV(0.50%,324,-2098.43) = $336294.2

5 0

3 years ago

A company has revenues of $1,250,000 with a net profit margin of 10%. If the depreciation for the year is $75,000, short-term in

seropon [69]

Answer:

$204,000

Explanation:

The computation of net cash provided by operations is shown below

Cash flow from operating activities

Net profit ($1,250,000 × 10%) $125,000

Add: depreciation expense $75,000

Add: Decrease in short term investment $15,000

Less: Increase in account receivable -$10,000

Add: Decrease in inventory $5,000

Less: Decrease in account payable -$6,000

Net Cash provided by operations $204,000

The minus sign depicts the cash outflow and the positive sign depict the cash inflow

7 0

3 years ago

You have recently opened your own internet website design business. You charge your clients $500 per project and are considering

faltersainse [42]

Answer:

hmm good question im not sure

Explanation:

7 0

2 years ago