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3 years ago

Which of the following is a potential benefit of inflation?

1 answer:

4 0

Potential benefit of inflation will be the D More business profits.

During inflation, the average cost of the products that exist in the market would be increased.Because of this, the average net income of the businesses that produced it will also be increased.

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Imagine that you invest $100,000 in an account that pays 5.9% annual interest compounded monthly. What will your balance be at t

kodGreya [7K]

The compound interest formula is: $A= P(1+ \frac{r}{n} ) ^{nt}$
Where:
A is the amount you will have.
P is the money you are investing.
r: is the interest rate (in decimals)
n: number of times the interest is compounded per year
t: time (in years)

The first thing is converting the rate from percentage to decimal:
$\frac{5.9}{100} = 0.059$

Since the interest is compounded every month and a year has 12 months n=12.

Now we can replace the values in our formula:
$A=100000(1+ \frac{0.059}{12} ) ^{(12)(18)}$

We can simplify the exponents to get:
$A=100000(1+ \frac{0.059}{12} ) ^{216}$

Finally, we can use our calculator to get 288463.33

After 18 your balance in your bank account will be $288463.33

4 0

3 years ago

Which of the following would be most likely to lead to increases in nominal interest rates?

olasank [31]

Answer:

c. A new technology such as the Internet has just been introduced, and it increases investment opportunities.

Explanation:

Nominal interest rate is the sum of real interest rate and expected inflation rate.

If expected inflation rate falls, the nominal interest rate also falls.

During a recession, people are more unwilling to borrow funds ,this pushes interest rate down.

If investment opportunities increases, the demand for funds would increase and nominal interest rate would increase too.

I hope my answer helps you

8 0

3 years ago

If mr. silva decides to donate the balance of the investment account (at the end of year five) to youth soccer league associatio

Radda [10]

So i have an undisclosed amount of candy with me and i decide one day to give it to you, only catch is that i will give it to you in instalments or piece by piece starting from tomorrow all thru until infinity (or when either of us dies). now i don't have an infinite supply of candy but I'm going to give this to you in parts for an infinite amount of time. from this we know that anything finite divided by infinity is zero. so unfortunately you'll be getting negligible amounts of candy just like ysla will get negligible sums of money from mr. sneaky silva.

if mr. silva keeps the balance in his account and it accrues interest over time, EVEN then it doesn't beat annuity for an infinite amount of time. so max is 0.

4 0

3 years ago

What is true about office friendships

Sveta_85 [38]

The truth about office friendships is:

Workplace cliques can cause horizontal disharmony.

Clique is a small group of people who share common interests and usually spend time together and do not readily allow others to join them.

Workplace cliques can cause horizontal disharmony because they are purposefully alienating others. People within a clique uses said clique to be their comfort zone. Thus, they do not extend effort to meet and cultivate new friendships nor exert effort to do better at work. Sometimes, they tend to pass up promotions or better benefits so that they will stay within their cliques and not deal with insecurities or feel vulnerable in facing situations that they are not comfortable with.

7 0

3 years ago

Managers of every company should be willing and ready to modify their strategies because?

Keith_Richards [23]

Managers of every company should be willing and ready to modify their strategies because: a) market conditions and circumstances are changing over time or the current strategy is clearly failing.

<h3>Who is a manager?</h3>

A manager can be defined as an individual who has been trained to acquire and distribute resources, as well as provide guidance, support, administrative control, and supervision to the employees who are working in a business organization (company), especially by being morally upright, well behaved and promoting the business's vison, culture, and values at all times.

<h3>What is a marketing strategy?</h3>

Marketing strategy can be defined as a technique that is typically used by business firms to attract customers to their goods or service, especially by giving them a lower price during its initial operation and offering.

In conclusion, we can reasonably infer and logically deduce that managers of any company should be willing and ready to modify their strategies because market conditions and circumstances are dynamic, and as such changing over time or the current strategy is clearly failing.

Read more on marketing here: brainly.com/question/27534262

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Complete Question:

Managers of every company should be willing and ready to modify their strategies because

a) market conditions and circumstances are changing over time or the current strategy is clearly failing.

b) the task of crafting strategy is a one-time event.

c) the strategic vision necessitates periodic updating.

d) frequent changes in strategy make it very difficult for rivals to imitate.

e) all strategies are reactive.

8 0

2 years ago