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
CaHeK987 [17]
3 years ago
14

You are investing $500 today. If it is compounded semi-annually at an annual interest rate of 13% for the next 5 years, your inv

estment will grow to_______ after five years.
Business
1 answer:
Ilya [14]3 years ago
4 0

Answer:

Explanation:

In this question, we are expected to know the amount a certain investment would have grown to after 5 years.

Mathematically, the amount is calculated by the formula below:

A = P(1 + r/n)^nt

The parameters have the following values: A = ? P = $500 r = 13% = 13/100 = 0.13 n = 2 ( semi-annually means two times a year) and t = 5 years

A = 500( 1 + 0.13/2)^(2 * 5)

A = 500(1 + 0.065)^10

A = 500( 1.877)

A = 938.56 or simply $939

You might be interested in
Coca-Cola was primarily known for its core competencies in marketing, bottling, and distributing aerated drinks. However, with t
Effectus [21]

Answer:

B.

Explanation:

Coca-Cola was trying to build new core competencies to protect and extend their current marketing position.

8 0
3 years ago
Bravo company had $5,100 of supplies on hand at the beginning of 2016. on march 31 bravo purchased an additional $12,400 of supp
lana66690 [7]
Supplies expense is $11,400.00.

Expenses = Beg Inv + Addl Inv - Remaining
                 = 5,100 + 12,400 - 6,100
                 = 11,400
8 0
3 years ago
Read 2 more answers
3(q-5)=2(q÷5)<br><img src="https://tex.z-dn.net/?f=3%28q%20-%205%29%20%3D%202%28q%20%20%5Cdiv%205%29" id="TexFormula1" title="3(
Black_prince [1.1K]

the answer to the question is 75 over 13


5 0
3 years ago
A local charity has been given a grant to serve free meals to the homeless in its community, but it is worried that its program
Elis [28]
Homeless: 
10 – t^2 /320 > 0
10 > t^2 /320
3200 > t^2 
t < 40√2 = 56.6 
College students: 
10 – t^2 /160 > 0
10 > t^2 /160
1600 > t^2 
t < 40
Wait time would have to be at least 40 minutes to prevent college students from waiting.
6 0
3 years ago
As part of your plan to lead the change effort to increase team productivity, you want to build momentum by generating short-ter
Murljashka [212]

Answer: Visible to senior leadership but not lower levels of the organization

Explanation:

Most short term wins are not visible to senior leadership, but are obvious to lower levels of the organization. The senior leadership wants results at the end of a business day and may not recognize the efforts that have been put in place by lower level of the organization for the progress that is noticeable so far.

3 0
3 years ago
Other questions:
  • What is the name of the smallest amount that can legally be paid to most workers for an hour of work?
    13·1 answer
  • One way to avoid _______ is to choose a large enough sample size.
    5·1 answer
  • On average, someone with a Bachelor's degree is estimated to earn ____ times more than someone with a high school diploma.
    9·2 answers
  • Wholesome Bread, Inc. advertised that its honey wheat bread had 25% fewer calories than a competing brand, Valley Grains. In fac
    6·1 answer
  • In evaluating companies across industries, financial managers will often read the _____ as a means of interpreting the statement
    10·1 answer
  • The point of maximum profit is the point at which the marginal cost equals the-
    6·1 answer
  • The economy is in long-run equilibrium: Select one:
    5·1 answer
  • using the T-accounts of the first national bank and the second national bank, describe what happens when Jane Brown writes a che
    13·1 answer
  • On November 1, 2021, Taylor signed a one-year contract to provide handyman services on an as-needed basis to King Associates, wi
    12·1 answer
  • A bottling operation has a mean fill level of 10.01 ounces with a standard deviation of 0.25 ounces. Random samples of 20 bottle
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!