Answer:
- 1. <em>For the amount to double</em>: <u>9.37 years</u>
- 2. <em>For the amount to triple</em>: <u>14.85 years</u>
Explanation:
The equation for continuosly compounded interest is:
Where:
- P is the amount that you invest today: $1,300
- F is the value after t years: the double or triple of $1,300
- r is the annual interest rate: 0.074
<u>1. For the amount to double:</u>
Substitute the values and solve for t:
<u>2. For the amount to triple:</u>
<u />
Answer:
B. minus$2,000.
Explanation:
The computation of the economic profit is shown below:
As we know that
Economic profit = Total revenue - Explicit costs - Implicit costs
= $35,000 - $30,000 - $7,000
= -$2,000
The implicit cost is come from
= $70,000 ×10%
= $7,000
We simply applied the above formula so that the economic profit could come
Answer:
the annual after-tax cost of financing the purchase of the home is $23,638.40
Explanation:
The computation of the annual after-tax cost of financing the purchase of the home is shown below:
= Installment amount - tax saving
= $33,200 - ($29,880 × 32%)
= $33,200 - $9,561.60
= $23,638.4
hence, the annual after-tax cost of financing the purchase of the home is $23,638.40
We simply applied the above formula
Answer:
Usage Rate.
Explanation:
A company is targeting consumers who have not purchased its products for several months. It is segmenting the consumer market based on usage rate. It is one of the type of behavioral segmentation where markets are segmented on the basis of consumers knowledge, response towards product, usage rate and attitude. Marketers divide the markets into nonusers, ex-users, potential users, first time users and regular users in order to target them accordingly.
The exact meaning of the signals exchanged between a sender and a receiver is called as a Network protocol.
<h3>What Is a Network Protocol?</h3>
A network protocol is a set of rules that determine how data is transmitted between different devices in the same network.
Because of the Network protocols we can easily communicate with people all over the world, and thus play a critical role in modern digital communications.
Similar to the way that speaking the same language simplifies communication between two people, network protocols make it possible for devices to interact with one another because of predetermined rules built into devices’ software and hardware.
Neither local area networks (LAN) nor wide area networks (WAN) could function the way they are doing today without the use of network protocols.
To learn more about network protocol: brainly.com/question/13327017
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