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Ad libitum [116K]
1 year ago
11

Assume the initial value of an investment is $1,000 and the growth rate is 10%. Using the Rule of 70, how many years will it tak

e for the initial value to double
Business
1 answer:
Ainat [17]1 year ago
8 0

about 5.8 years

What is growth rate?

Growth rates are the changes in a particular variable's percentage over a given period of time. Increase rates, for investors, often represent the compounded yearly rate of growth of a company's revenues, earnings, dividends, or even macro terms, such as gross domestic product (GDP) and retail sales. Two popular types of growth rates used for analysis are expected forward-looking and trailing growth rates.

Growth rates are used to calculate the percentage change in a variable over a given year.

In the past, growth rates have been used to analyze economic activity, business management, and investment returns. Growth rates were first employed by biologists to analyze population sizes.

Learn more about  growth rate with the help of given link:-

brainly.com/question/23618633

#SPJ4

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You and your friend are traveling home, you discuss how each of you might otherwise have used the four hours devoted to attendin
nekit [7.7K]

The relevant opportunity costs for you and your friend for allocating four hours to attending the concert are<u> "watching a sporting event on TV for you and studying for your friend. "</u>


An opportunity cost is characterized as the estimation of a forgone action or elective when another thing or action is picked. Opportunity cost becomes possibly the most important factor in any choice that includes a tradeoff between at least two alternatives. It is communicated as the relative cost of one option as far as the next best option.  


6 0
3 years ago
81) When a seller advertises an item at a low price but once in store pushes a similar item at a higher price, the seller is par
storchak [24]

Answer:

E) bait and switch

Explanation:

BAIT AND SWITCH can be defined as a way in which a seller use advert of a low price to deceive and attract customers to their shop in which the products or item advert by seller is not available in order to sell similar or separate product to the customer at a higher price instead of selling the same product with a low price advertised by the seller.

Example a seller may advert a quality Italian shoe with a low price of $50 in order to deceive a buyer or customers to their place of business by then selling a similar product of shoe that looks like the one advertise by them to the customer at a higher price of $300.

5 0
3 years ago
Which one is NOT considered an universal virtue?
Juli2301 [7.4K]

Answer:

B - happiness

Explanation:

cause it's not a must for a person to be happy

5 0
3 years ago
During her performance review, Tuli’s manager tells her that numerous customers have not been satisfied with her assistance. Acc
romanna [79]

<em>Tuli can improve her performance by means of observing relational level in terms of customer assistance satisfaction thru establishing good business relationship to all people involve in her work. Starting from her co-workers to business associates, clients, suppliers and even stakeholders. No matter how good a product is, if one person couldn't handle a good attitude in making transaction with their clients or co-workers, the company could experience a great loss and revenue. Therefore, Tuli can do the following: </em>

<em>1. She must communicate more often and in a friendly way to all who she is working with. She could start every conversation with politeness and friendly greetings to everyone. </em>

<em>2. She must always put a personal touch on her work such as giving joy to her customers and co-workers as she delivers products and services. </em>

<em>3. She must learn to become a good teamworker. As long as she knows how to work with other people, then she could learn from them and get tips from them. Good relationship to her customers will help her and the company to establish a good reputation to all clients.</em>

5 0
3 years ago
Survey
qaws [65]
<span>1. When John received his W2, he received several copies. Why was he sent multiple copies of this form?

The different copies are for John and each tax return he may file

2. Who sent John this W-2?

John's employer - ProperLiving Widget Engineering & Design


3. How much did John make in wages in the 2014 tax year? (assuming this was John's only job)

I do not know

4. How much did John 'take home' in net pay? (assuming this was John's only job)

I do not know


5. How much did John save in his 401(k) in the 2014 tax year?
I do not know


6. Assume your employer provides health care insurance and deducts your portion of the premiums from your paycheck with pre-tax dollars. Are your health insurance premiums federally tax deductible?
Yes


8. Select what would happen to your 1) taxable income and 2) tax liability when you are able to claim a deduction such as student loan interest?

1) lower 2) higher


9. Which are tax deductible?

Student loan payments


</span>
4 0
3 years ago
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