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Mars2501 [29]
3 years ago
6

You deposit $3000 into an account which earns 5.1% interest per year, compounded annually. your friend simultaneously deposits $

2000 into an account which earns a yearly interest rate of 7.5% compounded continuously. after how many years will both accounts have the same amount of money?
Business
1 answer:
valina [46]3 years ago
6 0
3000 (1+0.051)^(t)=2000 e^(0.075t)
Solve for t using Google calculator
To get
T=16.05 years

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What is the average of gross income for domestic movies (in mln)?
Brrunno [24]

The average gross income for domestic movies (in mln) is 180

A film industry-specific term used by box office reporters such as Variety and Box Office Mojo. For movies released in North America, box office revenue is usually divided into domestic, including the United States and Canada, and international, including all other countries.

Today, weekly box office revenues are usually considered Friday-Thursday, reflecting the fact that most movies are officially released on Friday in the United States. Variety was published every Wednesday for many years, so most of the weekly box office revenue they reported in the 1920s-1990s was from Thursday-Wednesday.

Most of the Weekly Loss is weekend cashiers. Historically, this has been reported as box office revenue from Friday to Sunday, and holidays close to weekends. Day numbers from Friday to Sunday are also now used.

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5 0
2 years ago
newspaper publisher uses roughly 800 feet of baling wire each day to secure bundles of newspapers while they are being distribut
tresset_1 [31]

Answer:

Explanation:

Reorder point quantity is the level at which an inventory is expected to be restocked , calculated by finding the sum of demand over the lead time and the safety stock days

Daily usage = 800 feet / day

Lead time = 6 days

Desired service level = 95%

Risk level = 1-0.95 =0.05

safety stock at 0.05 = 1800

Reorder point = expected demand  in (LT) + safety stock

= (800*6) + 1800

= 4800+1800 = 6600 feet.

3 0
3 years ago
On January 1, 2011, Ozark Minerals issued $10 million of 9%, 10-year convertible bonds at 101. The bonds pay interest on June 30
horsena [70]

Answer:

Explanation:

Bonds are corporate debt units that are issued by firms inform of financial securities and  are traded as tradeable assets. It is basically referred to as a fixed income instrument since bonds conventionally are paid a certain fixed amount of interest rate (coupon) to its respective debtholders.

going by the question Upon issuance, Ozark should

Credit premium on bonds payable $100,000

Because face value of bonds =  $10 million but issue price is  $10 million * 101 % i.e $ 10100000

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5 0
3 years ago
Read 2 more answers
Some risks associated with investing in real estate are?
kirill [66]

An investor must see what circumstances while investing in a real estate area. So the investor must be careful while investing.

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Some other risks associated with taking huge debts for investing in a property, liquidity risks , management risks, legislative risks, and environmental risks with several legal risks. It also include sometimes bad locations, negative cash flows etc.

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4 0
2 years ago
On January 1, 2017 the City of Graf pays $85,500 fora work of art to display in the local library. The city will take appropriat
Nookie1986 [14]

Answer:

Explanation:

The journal entries are shown below:

a. Artwork A/c Dr $85,500

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(Being work is reported on the government-wide financial statements)

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(Being depreciation expense is recorded)

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= Original cost ÷ useful life

= $85,500 ÷ 15 years

= $5,700

b. Artwork expenditure A/c Dr  $85,500

           To Cash A/c  $85,500

(Being  work is reported on the fund financial statements

5 0
3 years ago
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