1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Nitella [24]
3 years ago
8

Please assist with the answer

Business
1 answer:
otez555 [7]3 years ago
5 0

Answer: $1203.83

Explanation: Continuous compounding is a great thing if you are earning on an investment. It says that the principal is constantly earning interest and the interest on interest is also compounding continuously. The formula for the continuous compounding is:

A = P*e^(r*t)

where, A = $2600

e = the mathematical constant e (2.7128)

r = 11%

n = 7 years

By inputting the above variables in the formula,

$2600 = P * e^(0.11*7)

$2600 = P * e^(0.77)

$2600 = P * 2.159766

P = $1203.834

Therefore, the amount to be invested today will be $1203.834

You might be interested in
In supermarket retailing, _____ percent of endcaps should be unadvertised "sale" items that will cause the customer to be alert
Darya [45]

In supermarket retailing, 25 percent of end caps should be unadvertised "sale" items that will cause the customer to be alert when looking at an end caps while travelling through the store.

Explanation:

"Unadvertised" means that only clients who are shopping in this store are advertised.

For example is an item that was marked down in between printings for the weekly store sales flyers.

So the deal may not have made the flyer, but you will see the shelf label that marks the item as discounted once it is in the store.

Unadvertised retail prices play a competitive role. For this model, we produce a balance of rational prospects in which each store randomly announces the cost of one product in accordance with a blended approach.

5 0
3 years ago
Sandy wants to go on a trip in 10 years. If she invests $1,000 per year at the end of each year for 10 years at a 12% interest r
atroni [7]

Answer:

$17,549

Explanation:

Data given in the question

Number of years = 10

Invested amount = $1,000 per year

Rate of interest = 12%

So by considering the above information, the accumulated amount is

= Invested amount × future value of an annuity for 12% at 10 years

= $1,000 × 17.549

= $17,549

Refer to the Future value of an annuity table

In order to find out the accumulated amount we simply multiplied the invested amount with the factor

5 0
2 years ago
The total of all outputs produced by the transformation process divided by the total of the inputs​ is: A. utilization. B. defin
SIZIF [17.4K]

Answer:

The correct answer is letter "C": multifactor productivity.

Explanation:

Multifactor productivity refers to how the combination of <em>labor </em>and <em>capital </em>is translated in the maximization of manufacturing goods or rendering services. Changes in the factor of multifactor productivity reflect fluctuations in <em>management, adjustment costs, and economies of scale</em>.

5 0
2 years ago
True or false All 50 states have approved charter school.
nadezda [96]
False it is not a true statement.
3 0
3 years ago
Read 2 more answers
Loree manages the service desk and makes routine decisions related to customer refunds and merchandise returns. Loree also overs
Eva8 [605]

Answer:

First-line manager.

Explanation:

A first-line manager is a person within a company who is directly above all other personnel who are not managers. They have various obligations, such as the aforementioned routine decisions, service desk, feedback, work satisfaction, etc. When it comes to some more serious decisions, this type of a manager is not allowed to make them but rather only advise higher ups.

8 0
3 years ago
Other questions:
  • Arden Company reported the following costs and expenses for the most recent month: Direct materials $ 79,000 Direct labor $ 41,0
    7·1 answer
  • For each of the following, describe the opportunity cost when you decide to do each activity.
    10·1 answer
  • So, I got a job two weeks ago and I'm a minor. I don't have a work permit. Is a permit necessary to get paid? I haven't been ask
    5·2 answers
  • The average of a company's cost of equity, cost of preferred, and aftertax cost of debt that is weighted based on the company's
    6·1 answer
  • A website that sells wedding dresses targets ads to (1) women (2) ages 22 to 35 (3) actively searching for a wedding dress (4) w
    9·2 answers
  • How is a "spending plan" different than a "monthly budget"?
    11·1 answer
  • Journalize the following transactions of Trapper Jon’s Productions. Assume 360 days in a year.
    12·1 answer
  • Explain the two key communication skills necessary to resolve conflict. help asap
    13·1 answer
  • 1. Which one of the items below is NOT a reason why CASH does not equal PROFIT?
    15·2 answers
  • A man budgeted $200 a month for clothing. This month the man spent $150 on clothing therefore that budget item is considered to
    14·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!