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
DerKrebs [107]
2 years ago
11

If $300 is invested at a rate of 6% per year and is compounded quarterly, how much will the investment be worth in 12 years? use

the compound interest formula a equals p times the quantity 1 plus r divided by n end quantity raised to the power of n times t.. $145.23 $358.69 $613.04 $618.41
Business
1 answer:
Volgvan2 years ago
8 0

$613.04  will the investment be worth in 12 years.

<h3>What is investment?</h3>

The dedication of an asset to achieve a gain in value through time is referred to as investment. Investment necessitates the sacrifice of a current item, such as time, money, or effort. The goal of investing in finance is to earn a return on the invested asset.

Income investing is an investment approach that focuses on constructing an investment portfolio that is expressly designed to provide recurring income. The income investing strategy's main goal is to generate a consistent stream of income.

The type of investor you are and how you should make investments are determined by your investing personality. Your investing personality is essentially your financial risk profile, which considers aspects such as age, financial history, circumstances, and investment aspirations.

To know more about investment follow the link:

brainly.com/question/25300925

#SPJ4

You might be interested in
What are some good outdoor thing to do outside for the summer<br> list as many as can
Yakvenalex [24]

Answer:

biking

swimming

walking

learning something new

being with friends

sports

hiking

going on a trip

making something

3 0
3 years ago
The stock in Up-Towne Movers is selling for $46.00 per share. Investors have a required return of 11.1 percent and expect the di
Dimas [21]

Answer:

From the calculation below Up-Towne Movers just paid a dividend of $3.13

Explanation:

The price of share=D1/r-g

The Do is the dividend just paid which is the unknown in the equation

g is the dividend growth rate of 4.3%

r is the required return of 11.1%

The share price is $46.00

$46=Do/(11.1%-4.3%)

46=Do/0.068

by cross-multiplication the equation becomes

$46*0.068 =Do

Do=$46*0.068

Do=$3.13

The dividend just paid by Up-Towne Movers is $3.13 as calculated above from the share price equation

8 0
3 years ago
A company produces very unusual CD's for which the variable cost is $ 17 per CD and the fixed costs are $ 30000. They will sell
Alika [10]

Answer:

Explanation:

Let we assume the number of CD produced be X

So, the total cost would be

C = Fixed cost + variable cost × number of CD produced

   = $30,000 + $17X

For total revenue, it would b

R = $63X

For total profit, it would be

P = Selling cost per CD  × number of CD produced - variable cost per CD × number of CD produced - fixed cost

= $63X - $17X - $30,000

= $46X - $30,000

For number of CD, it would be

0 = $46X - $30,000

X = $30,000 ÷ $46

   = 652 CD for break-even

4 0
3 years ago
Price discrimination is possible when a firm is able to​ ______.
irina1246 [14]

Answer:

d. identify and separate different types of​ buyers, and sell a product that cannot be resold

Explanation:

Segmenting the market into different groups is a way to charge varying prices. Each group has their own demand curve.

4 0
4 years ago
Read 2 more answers
Based on your understanding of the relationship between relative inflation rates and exchange rates, identify whether the preced
lys-0071 [83]

Answer:

b.the statement is invalid because the nominal

Explanation:

pa brainliest po

6 0
2 years ago
Other questions:
  • What is the present worth of these future payments? (a) $25,500 eight years from now at 12% com-pounded annually. (b) $58,000 tw
    12·1 answer
  • The assets and liabilities of Thompson Computer Services at March 31, the end of the current year, and its revenue and expenses
    6·1 answer
  • A company leases trucks and properly classifies the leases as finance leases. The leases have a 10-year term, and the lease calc
    6·1 answer
  • Supporters of increased social responsibility would most likely say that the goal of a firm is to:_______
    9·2 answers
  • A company's interest expense is $20,000. Its income before interest expense and income taxes is $140,000. Its net income is $58,
    10·1 answer
  • Flexibility of practice when applied to managerial accounting means that: Multiple Choice The information must be presented in e
    9·1 answer
  • When presenting your reason or explanation in a bad news letter, when is it appropriate to be specific?
    15·1 answer
  • Going public: Group of answer choices ensures that the company gains control in decision making. enhances the company's ability
    12·1 answer
  • Managerial activities include all of the following except ________.
    11·1 answer
  • dina and charles are married, under the age of 65, and have two children under the age of 18. charles works full time and earns
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!