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lbvjy [14]
4 years ago
15

Dusty would like to buy a new car in six years. He currently has $13,500 saved. He’s considering buying a car for around $17,500

but would like to add a Turbo engine to increase the car’s performance. This would increase the price of the car to $21,500.If dusty can earn 9% interest compounded anually will he be able to get a car with a turbo engine in six years?
Business
1 answer:
pishuonlain [190]4 years ago
5 0

Answer:

yes he will

Explanation:

with a compund intrest of 9 percent and he didnt put in any money after the 13,500 he will have $22,640.85 in 6 years, so now he can go buy his car and also buy a new exhaust system

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The current highest interest rate on a savings account is 1.85%. the current rate of inflation is 1.9%. what is the real dollar
adoni [48]

Answer: 0.51

Explanation:

Nominal rate = 1.85%

Inflation rate = 1.90%

Real rate of return = (1 + nominal rate / 1 +inflation rate) - 1

Real rate of return = ((1 + 0.0185) / (1 + 0.019)) - 1

= (1.0185 / 1.019) - 1

= 0.9995 - 1 = - 0.0005

Therefore, the real dollar return I. $1,020 equals

0.0005 × 1020 = 0.51

3 0
4 years ago
Every business begins with a(n)<br> O a. customer.<br> b. profit.<br> O c. idea.<br> O d. inverton.
VARVARA [1.3K]

Answer:

c an idea

Explanation:

can't have a business without an idea

3 0
2 years ago
"cost assignment refers to the general case of assigning costs to cost pools or cost objects. when there is a direct and traceab
tatuchka [14]
Yes you are correct the cost pool is the people cost object is the product
6 0
3 years ago
Farrah, a regional manager for an hvac equipment retailer, received an e-mail from the ceo outlining the new goal of decreasing
Semmy [17]

It is true that the goal received by regional manager Farrah, to reduce the company's costs in the next three years corresponds to an example of a strategic objective.

<h3 /><h3>Strategic planning</h3>

It corresponds to a document where the course of actions that will cover the medium and long term organizational are detailed so that the stipulated objectives and goals are achieved.

Therefore, the strategic objectives of a company will be contained in the strategic planning, and can be understood as the definition of the results that it intends to achieve in a period of time, to increase the vision and the organizational results.

Find out more information about strategic objective here:

brainly.com/question/24462624

7 0
2 years ago
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kondor19780726 [428]

<u>Answer:</u> A. Moral relativism

<u>Explanation:</u>

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The four types of moral relativism are naive relativism, cultural relativism, role relativism and social relativism. Naive relativism means individuals can have own moral values. Cultural relativism means people should not judge based on one's culture.  Role relativism means a person with job role should not make judgments on others beliefs.

3 0
3 years ago
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