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
dimaraw [331]
4 years ago
13

Financial contracts involving investments, mortgages, loans, and so on are based on either a fixed or a variable interest rate.

Assume that fixed interest rates are used throughout this question. Ava deposited $1,300 in a savings account at her bank. Her account will earn an annual simple interest rate of 8.2%. If she makes no additional deposits or withdrawals, how much money will she have in her account in 5 years
Business
1 answer:
Lostsunrise [7]4 years ago
8 0

Answer:

She would have $1,833 in her account after 5 years

Explanation:

Principal = $1,300

Interest rate = 8.2%

Term of loan = 5 years

Simple Interest = Principal × Rate × Term of loan

= $1,300 × 0.082 × 5 = $533

The amount of money she would get after 5 years = $1,300 + $533 = $1,833

You might be interested in
Suppose that Dmitri, an economist from a research institute in Texas, and Frances, an economist from a public television program
posledela

Answer:

  • Difference in scientific judgements
  • A. Employers should not be restricted from outsourcing work to foreign nations.

Explanation:

The difference in opinion between these two is based on a difference between in scientific judgments because they believe that different things will happen in response to implementing a different form of taxes.

Regardless of what they think in the above regard, these economists are most likely to support the outsourcing of work if it is cheaper to do so because economists generally believe that the most efficient method of production should be undertaken.

4 0
3 years ago
Sunset Resort, a successful 100-year-old hotel and resort, entered into a co-marketing arrangement with Sleepytime Hotels, a fiv
professor190 [17]

Answer:

Yes its true that both companies are strategic allies.

Explanation:

In strategic alliance, two companies work together to achieve their combined objectives. For example if we talk about Sony Ericson K510i cellphone, it was one of best selling cell phones at its time because two companies Sony and Ericson worked together to increase their sales and earn profit. One of these had display and camera capabilities and the other had cellphone designs, etc. These were the things that made the product differentiated from the rest of the cellphones and we see that both companies earned a lot from it.

3 0
3 years ago
What type of arrangement(s), if any, would avoid double taxation for Wendall's and Shirley's endeavor? Choose the best answer if
musickatia [10]

Answer:

An s corporation or a limited liability company, but not a corporation.

Explanation:

5 0
3 years ago
Renaldo Scanlon is a financial consultant. He earns $30 per hour and works 32.5 hours a week. What is his straight-time pay?
sattari [20]

Answer:

$975  

Step-by-step explanation:

Straight-time pay = hourly rate × hours worked

                                  =     30     ×       32.5

                                  =           $975

Renaldo's straight-time pay = $975

4 0
4 years ago
When industries are limited by the size of the domestic market, opening trade to the world markets will likely lead to ________
kari74 [83]

Answer: c) economies of scale; increase

Explanation:

When industries are limited by the size of the domestic market, opening trade to the world markets will likely lead to economies of scale and increase real GDP per capita in the domestic country.

When this industry choose to break out of this limitation placed on them due to the small size of market in their country, the idea of opening trade to the world market would lead to reduction in production costs since they now have a larger market (and thus produce more). Also, the real GDP per capita in the domestic country should increase since the company in this domestic nation has expanded its production to the world market.

NOTE:

Economies of scale occur when the cost of production is now reduced because there is an increase in a company's production.

4 0
4 years ago
Other questions:
  • Perine Company has 5,220 pounds of raw materials in its December 31, 2019, ending inventory. Required production for January and
    11·2 answers
  • The Powerball lottery is open to participants across several states. When entering the powerball lottery, a participant selects
    12·1 answer
  • The government’s authority at all levels to ensure the health, safety and welfare of its citizens, which includes the control of
    11·2 answers
  • Customers currently link to cisco's website to configure, price, and order its networking equipment. cisco then sends orders bac
    12·1 answer
  • Some employers provide employees with a fixed dollar amount for benefits, allowing employees to choose between various health in
    12·1 answer
  • quzlet Suppose that the Bank of Japan buys U.S. dollar assets with yen-denominated assets. Everything else held constant, this t
    14·2 answers
  • A __________ is a profit-seeking organization that receives deposits from individuals and corporations and uses some of these de
    10·1 answer
  • Why would you use cell names in formulas instead of numbers?
    9·1 answer
  • Using the information provided, calculate the direct materials quantity variance. Standard price $3.00 per pound Actual price: $
    15·1 answer
  • Since the international market is significantly larger than the domestic market, exporting is nearly always a way to increase a
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!