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4 years ago

The formula for the simple deposit multiplier is :______

Business

1 answer:

Sphinxa [80]4 years ago

4 0

It can be any of them but i think simple deposit multiplier = 1/1RR

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jillian currently has $500 in an account with an annual rate of return of 4.3%. she has set a goal to travel and would like to h

Alchen [17]

Jillian currently has $500 in an account with an annual rate of return of 4.3%.She needs to save $46.07 each month for the trip to Hawaii

The $500 in her account will grow to =500*(1+0.043)^4 = 591.71

So she has to save 3000-591.71 = 2,408.29

The 2,408.29 becomes the FV and we have to calculate the PMT with a monthly rate of 0.043/12 and nper = 4*12 =48. We use the PMT function of excel

So she needs to save each month =PMT(rate,nper,pv,fv) in excel = PMT(0.043/12,48,0,2408.29) = 46.07

So she needs to save $46.07 each month for the trip to Hawaii

Rate of return is a profit on funding. It accommodates any trade in value of the investment, and/or cash flows which the investor gets from that funding, which include interest payments, coupons, coins dividends, inventory dividends or the payoff from a spinoff or based product.

Learn more about rate of return here:brainly.com/question/24301559
#SPJ4

5 0

2 years ago

When a product reaches the decline stage of the product life cycle, a firm has two choices. One choice involves product deletion

DIA [1.3K]

Answer: harvesting

Explanation: A harvest strategy is a business plan for either canceling or reducing a product's advertising expenditure. The management decides that improving revenue would expense too much.

In other words, when contemplating likely future sales from the drug, they could not justify the expense.When a commodity has arrived at the end of its life cycle, marketing managers pick a good harvesting approach. They target at generating the maximum return from whatever sales scope is left.

Thus, from the above we can conclude that the correct option is E.

3 0

3 years ago

Mr. Pibb was a soft drink created by the Coca-Cola Company to compete with what other soft drink?

lina2011 [118]

I don't think that Pepsi was created by Coca-Cola to compete with Dr. Pepper. It was made by Pepsi to compete with Coca-Cola.

3 0

3 years ago

Indicate whether a debit or credit decreases the normal balance of each of the following accounts.

Svetach [21]

Answer:

Explanation:

A. Credit

b. Debit

c. Debit

d credit

e credit

f. Debit

g. Credit

h. Credit

i. Debit

j. Credit

k. Debit

l. Debit

4 0

3 years ago

A farmer produces both beans and corn on her farm. If it takes 2 acres of land to grow 200 bushels of corn and 4 acres of land t

Marianna [84]

Answer:

1 bushel of corn

Explanation: Opportunity cost may be explained as the potential loss incurred by opting to go for an alternative option.

If it takes 2 acres of land to grow 200 bushels of corn

4 acres of land to grow 200 bushels of beans, then opportunity cost of one bushel of beans is:

Opportunity cost = (Return on best option not chosen - return on the option chosen)

Opportunity cost of one bushel of beans :

200 bushel of corn = 2 acres

I bushel of corn = (2/200) = 0.01 acres

200 bushel of beans = 4 acres

1 bushel of beans = (4/200) = 0.02 acres

0.02 acres used to grow 1 bushel of beans would have been used to produce 2 bushel of corn

Therefore opportunity cost = (2 - 1) = 1

3 0

3 years ago